What is Applied Materials's capex?

Applied Materials (AMAT) reported capex of $635M in Q1 2026.

How has Applied Materials's capex changed year-over-year?

Applied Materials's capex increased by 24.5% year-over-year, from $510M to $635M.

What is the long-term trend for Applied Materials's capex?

Over 4 years (2021 to 2025), Applied Materials's capex has grown at a 35.6% compound annual growth rate (CAGR), from $668M to $2.26B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Applied Materials AMAT CapEx

CapEx at other companies

Veeco InstrumentsVECO

$5.1M-24.5%

KLA CorporationKLAC

$85.19M+3.7%

Onto InnovationONTO

$3.59M-56.5%

Lam ResearchLRCX

$331.6M+15.1%

Benchmark ElectronicsBHE

$16.02M+372%

Axcelis TechnologiesACLS

$1.84M-62.9%

Other financials

Income statement

See full

Revenue$7.9B+11.4%

Gross profit$3.9B+13.3%

Operating income$2.5B+16.3%

Net income$2.8B+31.3%

EPS (diluted)$3.51+33.5%

Balance sheet

See full

Cash & equivalents$1.5B+4.0%

Total debt$7.3B+9.0%

Total equity$23.9B+26.1%

Total assets$40.3B+19.8%

Cash flow

See full

Operating cash flow$845.0M-46.2%

Free cash flow$210.0M-80.2%

Valuation

See full

Market cap$530.36B+290%

Enterprise value$536.14B+280%

P/E62.3×+42.2×

P/S18.3×+13.4×

Profitability

See full

Gross margin49%+0.8pp

Operating margin28.6%-1.1pp

Net margin29.3%+5.3pp

FCF margin18.4%-2.5pp

Returns & leverage

See full

Return on equity39.7%+3.3pp

Debt / equity0.3×0.0×

Current ratio2.5×0.0×

Where this comes from

Reported directly by Applied Materials in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Applied Materials’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →

Ask your AI about Applied Materials's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Applied Materials's capex?: Applied Materials (AMAT) reported capex of $635M in Q1 2026.
How has Applied Materials's capex changed year-over-year?: Applied Materials's capex increased by 24.5% year-over-year, from $510M to $635M.
What is the long-term trend for Applied Materials's capex?: Over 4 years (2021 to 2025), Applied Materials's capex has grown at a 35.6% compound annual growth rate (CAGR), from $668M to $2.26B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.