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Applied Materials AMAT Operating Lease Liabilities

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Other financials

Income statement

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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

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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

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Operating cash flow$845.0M-46.2%
CapEx$635.0M+24.5%
Free cash flow$210.0M-80.2%

Valuation

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Market cap$418.8B+193%
Enterprise value$424.57B+186%
P/E49.2×+28.3×
P/S14.4×+9.4×

Profitability

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Gross margin49%+0.8pp
Operating margin28.6%-1.1pp
Net margin29.3%+5.3pp
FCF margin18.4%-2.5pp

Returns & leverage

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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:OperatingLeaseLiabilityNoncurrent.

The source filing: Applied Materials’s 10-Q, filed May 21, 2026.

Filed
May 21, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-037227
Line itemApril 26,2026October 26,2025
Other Liabilities
Defined and postretirement benefit plans$148$151
Operating lease liabilities, non-current699404
Other572519
$1,419$1,074

Item 1. Financial Statements (Unaudited)

FAQ

What is Applied Materials's operating lease liabilities?
Applied Materials (AMAT) reported operating lease liabilities of $699M in Q1 2026.
How has Applied Materials's operating lease liabilities changed year-over-year?
Applied Materials's operating lease liabilities increased by 113.1% year-over-year, from $328M to $699M.
What is the long-term trend for Applied Materials's operating lease liabilities?
Over 5 years (2020 to 2025), Applied Materials's operating lease liabilities has grown at a 15.7% compound annual growth rate (CAGR), from $195M to $404M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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