Investing
CapEx
Applied Materials CapEx decreased by 17.7% to $646.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 69.6%, from $381.00M to $646.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 31.8% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $204.00M | $137.00M | $206.00M | $144.00M | $210.00M | $210.00M | $223.00M | $287.00M | $255.00M | $255.00M | $309.00M | $229.00M | $257.00M | $297.00M | $407.00M | $381.00M | $510.00M | $584.00M | $785.00M | $646.00M |
| QoQ Change | — | -32.8% | +50.4% | -30.1% | +45.8% | +0.0% | +6.2% | +28.7% | -11.1% | +0.0% | +21.2% | -25.9% | +12.2% | +15.6% | +37.0% | -6.4% | +33.9% | +14.5% | +34.4% | -17.7% |
| YoY Change | — | — | — | — | +2.9% | +53.3% | +8.3% | +99.3% | +21.4% | +21.4% | +38.6% | -20.2% | +0.8% | +16.5% | +31.7% | +66.4% | +98.4% | +96.6% | +92.9% | +69.6% |
Range$137.00M – $785.00M
CAGR+27.5%
Avg YoY Growth+43.6%
Median YoY Growth+35.1%
CapEx at Other Companies
Frequently Asked Questions
- What is Applied Materials's capex?
- Applied Materials (AMAT) reported capex of $646.00M in Q1 2026.
- How has Applied Materials's capex changed year-over-year?
- Applied Materials's capex increased by 69.6% year-over-year, from $381.00M to $646.00M.
- 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 31.8% compound annual growth rate (CAGR), from $624.00M to $1.88B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.