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Applied Materials Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Applied Materials holds $40.3B in total assets. Shareholders' equity is $23.9B against $8.5B in total debt. Cash and equivalents total $1.5B. The current ratio is 2.51 and debt-to-equity is 0.354. Based on the Q2 2026 filing.

Total Assets$40.3BTotal Stockholders Equity$23.9BLong Term Debt$5.3BCash And Equivalents$1.5BTotal Current Assets$22.6BTotal Current Liabilities$9.0B
Latest FilingQ2 2026
Report Date2026-05-21
Market Cap$343.12B
P/E Ratio40.33
ROE39.69%

Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts payable$1.7B$1.8B$1.8B$2.0B$1.9B$2.2B
Accrued expenses$709.0M$930.0M$762.0M$1.2B$986.0M$966.0M
Accrued Manufacturing Costs$636.0M$844.0M$1.1B$1.2B$727.0M$966.0M
Contract liabilities$2.5B$2.5B$2.5B$2.6B$2.5B$2.6B
Accounts payable and other current liabilities (Note 11)$4.5B$4.7B$4.6B$5.3B$5.2B$5.2B
Accrued Income Taxes, Current$635.0M$309.0M$157.0M$380.0M$710.0M$357.0M
Compensation and benefits$636.0M$844.0M$1.1B$1.2B$727.0M$966.0M
Current portion of accrued product warranty$362.0M$370.0M$363.0M$346.0M$329.0M$326.0M
Current portion of long-term debt$799.0M$799.0M$799.0M$100.0M$100.0M$1.2B
Deferred revenue$2.5B$2.5B$2.5B$2.6B$2.5B$2.6B
Dividends payable$325.0M$369.0M$366.0M$365.0M$365.0M$421.0M
Guarantor Obligations (Current)$292.0M$296.0M$294.0M—$291.0M$297.0M
Income taxes payable$635.0M$309.0M$157.0M$380.0M$710.0M$357.0M
Operating lease liabilities, current$81.0M$81.0M$88.0M$91.0M$101.0M$114.0M
Restructuring Reserve———$165.0M$39.0M$23.0M
Short-term borrowings$799.0M$799.0M$799.0M$100.0M$100.0M$1.2B
Standard Product Warranty Accrual$362.0M$370.0M$363.0M$346.0M$329.0M$326.0M
Total current liabilities$7.7B$8.0B$7.9B$8.0B$7.8B$9.0B

Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts receivable, net$6.0B$6.2B$5.8B$5.2B$5.0B$6.4B
Available-for-Sale Debt Securities - Amortized Cost$1.4B$2.3B$2.4B—$2.2B$1.9B
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$1.9B$512.0M$1.6B—$1.2B$1.9B
Cash and cash equivalents$1.3B$1.4B$1.4B$1.4B$1.5B$1.5B
Cash, Cash Equivalents, and Investments - Estimated Fair Value$10.9B$10.4B$11.1B$12.9B$13.5B$13.4B
Cash, Cash Equivalents, and Marketable Securities (Cost)$10.8B$10.2B$10.6B$12.0B$12.2B$12.1B
Cash, Cash Equivalents, and Marketable Securities$10.9B$10.4B$11.1B$12.9B$13.5B$13.4B
Finished goods$1.0B$1.1B$1.1B$1.2B$1.2B$1.3B
Other current assets$982.0M$1.1B$1.1B$1.2B$1.6B$1.6B
Trading assets$1.9B$512.0M$1.6B—$1.2B$1.9B
Income taxes receivable$54.0M$55.0M$56.0M$148.0M$548.0M$439.0M
Finished goods$1.0B$1.1B$1.1B$1.2B$1.2B$1.3B
Raw materials$1.8B$1.9B$2.0B$2.0B$2.0B$2.1B
Work in process$935.0M$909.0M$925.0M$914.0M$951.0M$1.1B
Inventories$5.5B$5.7B$5.8B$5.9B$6.0B$6.3B
Other Inventory, Net$443.0M$485.0M$520.0M$474.0M$461.0M$450.0M
Prepaid expenses and other current assets$928.0M$1.1B$1.1B$1.1B$1.0B$1.2B
Restricted cash$91.0M$75.0M$70.0M—$69.0M$58.0M
Short-term investments$1.9B$578.0M$1.6B$1.3B$1.3B$1.9B
Total current assets$20.7B$19.7B$19.7B$20.9B$21.0B$22.6B

Equity

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Additional paid-in capital$9.7B$10.0B$10.1B$10.3B$10.3B$10.5B
Available-for-Sale Debt Securities - Accumulated Gross Unrealized Gain (Before Tax)$147.0M$248.0M$546.0M$916.0M$1.4B$1.4B
Available-for-Sale Debt Securities - Accumulated Gross Unrealized Loss (Before Tax)$41.0M$53.0M$44.0M$50.0M$69.0M$85.0M
Accumulated other comprehensive income (loss)-$143.0M-$144.0M-$102.0M-$110.0M-$110.0M-$124.0M
Common stock$8.0M$8.0M$8.0M$8.0M$8.0M$8.0M
Additional paid-in capital$9.7B$10.0B$10.1B$10.3B$10.3B$10.5B
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding———$0.0——
Investments - Accumulated Gross Unrealized Gain———$916.0M$1.4B$1.4B
Investments - Accumulated Gross Unrealized Loss———$50.0M$69.0M$85.0M
Preferred stock———$0.0——
Retained earnings$50.5B$52.3B$53.7B$55.2B$56.9B$59.3B
Share Repurchase Authorization Limit$10.0B$15.9B$14.8B—$13.6B$13.2B
Share Repurchase Program - Amount Remaining$7.6B$15.9B$14.8B—$13.6B$13.2B
Total Equity Investments - Gross Unrealized Gains$141.0M$238.0M$536.0M$898.0M$1.4B$1.4B
Total Equity Investments - Gross Unrealized Losses$30.0M$47.0M$40.0M$48.0M$67.0M$77.0M
Total liabilities and stockholders' equity$33.3B$33.6B$34.2B$36.3B$37.6B$40.3B
Total stockholders' equity$18.6B$19.0B$19.5B$20.4B$21.7B$23.9B
Treasury stock$41.5B$43.1B$44.2B$45.0B$45.4B$45.8B

Non-Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)$1.2B$1.2B$1.3B—$1.5B$2.0B
Available-for-Sale Debt Securities - Fair Value (No Single Maturity Date)$1.6B$2.5B$2.9B—$3.5B$3.2B
Capitalized Contract Costs, Net$307.0M$284.0M$197.0M$229.0M$278.0M$288.0M
Deferred tax assets$1.7B$1.7B$1.3B$1.2B$1.2B$1.0B
Deferred Tax Assets and Other Non-Current Assets$2.4B$2.5B$2.3B$2.5B$2.8B$3.2B
Equity method investments$2.7B$3.6B$4.1B$4.3B$5.0B$5.1B
Equity Securities (FV-NI and No Readily Determinable FV) - Cost$911.0M$1.9B$2.2B$2.5B$2.9B$2.6B
Available-for-sale securities$1.2B$1.2B$1.3B$2.5B$1.5B$2.0B
Total investment securities$4.6B$4.2B$5.8B$5.7B$6.3B$7.1B
Goodwill$3.8B$3.7B$3.7B$3.7B$3.7B$3.8B
Government Assistance Asset, Non-Current————$975.0M$1.1B
Intangible assets, net$237.0M$249.0M$238.0M$226.0M$215.0M$330.0M
Investments - Cost Basis———$4.8B$4.9B$5.8B
Net Investment in Lease$359.0M$434.0M$519.0M$509.0M$649.0M$820.0M
Deferred tax assets$1.7B$1.7B$1.3B$1.2B$1.2B$1.0B
Other intangible assets—net$237.0M$249.0M$238.0M$226.0M$215.0M$330.0M
Investments$2.7B$3.6B$4.1B$4.3B$5.0B$5.1B
Operating lease right-of-use assets$359.0M$434.0M$519.0M$509.0M$649.0M$820.0M
Other non-current assets$312.0M$300.0M$443.0M$806.0M$929.0M$1.3B
Property, plant and equipment at cost$7.4B$7.7B$8.1B$8.5B$9.0B$9.3B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$1.9B$578.0M$1.6B$1.3B$1.3B$1.9B
Operating lease right-of-use assets$359.0M$434.0M$519.0M$509.0M$649.0M$820.0M
Operating Lease Right-of-Use Assets in Other Assets$359.0M$434.0M$519.0M$509.0M$649.0M$820.0M
Other non-current assets$312.0M$300.0M$443.0M$2.5B$929.0M$3.2B
Accumulated depreciation$3.8B$3.9B$4.0B$3.9B$4.0B$4.1B
Property and equipment, net$3.6B$3.8B$4.1B$4.6B$4.9B$5.3B
Restricted Cash Equivalents in Other Assets$91.0M$75.0M$70.0M—$69.0M$58.0M
Software and Technology Licenses, Net$312.0M$300.0M$443.0M$806.0M$929.0M$1.3B
Total assets$33.3B$33.6B$34.2B$36.3B$37.6B$40.3B

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Cumulative Cost Basis$7.4B$7.7B$8.1B$8.5B$9.0B$9.3B
Guarantor Obligations - Maximum Exposure$307.0M$345.0M$376.0M—$341.0M$327.0M
Indemnification Liability Maximum Exposure$307.0M$345.0M$376.0M—$341.0M$327.0M
Income taxes payable – long-term$684.0M$321.0M$330.0M$356.0M$507.0M$704.0M
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five$1.2B$1.2B$1.3B—$1.5B$2.0B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five$1.2B$1.2B$1.3B—$1.5B$2.0B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$1.9B$512.0M$1.6B—$1.2B$1.9B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$1.9B$512.0M$1.6B—$1.2B$1.9B
Contract with Customer, Asset, after Allowance for Credit Loss$287.0M$371.0M$306.0M$281.0M$214.0M$221.0M
Contract with Customer, Liability$2.5B$2.5B$2.5B$2.6B$2.5B$2.6B
Government assistance, asset, current————$302.0M$63.0M
Government assistance, asset, noncurrent————$673.0M$1.0B
Value of financial guarantee (up to)$307.0M$345.0M$376.0M—$341.0M$327.0M
Tax receivable within other current assets$54.0M$55.0M$56.0M$148.0M$548.0M$439.0M
Investments Fair Value Disclosure$4.6B$4.2B$5.8B$5.7B$6.3B$7.1B
Other accrued liabilities$709.0M$930.0M$762.0M$787.0M$986.0M$825.0M
Other$444.0M$422.0M$467.0M$519.0M$539.0M$572.0M
Severance accrual, current———$165.0M$39.0M$23.0M
Share Repurchase Program, Remaining Authorized, Amount$7.6B$15.9B$14.8B—$13.6B$13.2B

Non-Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Long-term debt$5.5B$5.5B$5.5B$6.5B$6.5B$5.3B
Retirement and nonpension postretirement benefit obligations$141.0M$142.0M$152.0M$151.0M$139.0M$148.0M
Operating lease liabilities, non-current$247.0M$328.0M$412.0M$404.0M$536.0M$699.0M
Other non-current liabilities$832.0M$892.0M$1.0B$1.1B$1.2B$1.4B
Total liabilities$14.7B$14.7B$14.7B$15.9B$15.9B$16.4B