Current Assets
Prepaid & Other Current
Applied Materials Prepaid & Other Current increased by 15.7% to $1.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.6%, from $1.06B to $1.18B. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 12.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026May 21, 2026
How to read this metric
Significant fluctuations may indicate changes in operational scale or timing of large service contracts, though it is generally a stable line item.
Detailed definition
These are payments made in advance for goods or services to be received in the future, along with other miscellaneous as...
Peer comparison
Standard accounting practice across all sectors, usually representing a small fraction of total current assets.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
21 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 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $620M | $638M | $793M | $655M | $797M | $848M | $883M | $767M | $802M | $887M | $976M | $1.03B | $1.02B | $979M | $974M | $928M | $1.06B | $1.07B | $1.06B | $1.02B | $1.18B |
| QoQ Change | — | +2.9% | +24.3% | -17.4% | +21.7% | +6.4% | +4.1% | -13.1% | +4.6% | +10.6% | +10.0% | +5.8% | -1.6% | -3.6% | -0.5% | -4.7% | +14.5% | +0.6% | -0.8% | -4.2% | +15.7% |
| YoY Change | — | — | — | — | +28.5% | +32.9% | +11.3% | +17.1% | +0.6% | +4.6% | +10.5% | +34.7% | +26.7% | +10.4% | -0.2% | -10.2% | +4.6% | +9.2% | +8.8% | +9.5% | +10.6% |
Range$620M – $1.18B
CAGR+13.7%
Avg YoY Growth+12.3%
Median YoY Growth+10.4%
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Applied Materials's prepaid & other current?
- Applied Materials (AMAT) reported prepaid & other current of $1.18B in Q1 2026.
- How has Applied Materials's prepaid & other current changed year-over-year?
- Applied Materials's prepaid & other current increased by 10.6% year-over-year, from $1.06B to $1.18B.
- What is the long-term trend for Applied Materials's prepaid & other current?
- Over 5 years (2020 to 2025), Applied Materials's prepaid & other current has grown at a 12.0% compound annual growth rate (CAGR), from $602M to $1.06B.
- What does prepaid & other current mean?
- Payments made in advance for future services or other minor assets expected to be used within a year.