Non-Current Assets

PP&E (Net)

Applied Materials PP&E (Net) increased by 6.2% to $5.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.1%, from $3.83B to $5.26B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 23.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026May 21, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

21 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$1.77B$1.81B$1.93B$1.97B$2.07B$2.19B$2.31B$2.49B$2.56B$2.60B$2.72B$2.83B$2.96B$3.10B$3.34B$3.56B$3.83B$4.12B$4.61B$4.95B$5.26B
QoQ Change+2.6%+6.6%+2.1%+4.9%+5.9%+5.2%+8.1%+2.6%+1.8%+4.6%+3.8%+4.7%+4.8%+7.7%+6.7%+7.5%+7.6%+11.8%+7.4%+6.2%
YoY Change+17.1%+20.9%+19.3%+26.3%+23.6%+18.7%+18.0%+13.3%+15.6%+19.0%+22.6%+26.1%+29.5%+33.0%+38.1%+38.9%+37.1%
Range$1.77B$5.26B
CAGR+24.3%
Avg YoY Growth+24.5%
Median YoY Growth+22.6%
Current Streak20+ quarters growth

Geographic Breakdown — Outside North America

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Europe$25.00M$75.00M$110.00M$113.00M$155.00M
Southeast Asia$18.00M$8.00M$6.00M$5.00M$21.00M
Total$1.93B$2.31B$2.72B$3.34B$4.61B

Geographic Breakdown — UNITED STATES

View all
SegmentQ4 '24
UNITED STATES$3.76B
TAIWAN$59.00M
KOREA, REPUBLIC OF$9.00M
JAPAN$7.00M
CHINA$3.00M
Total$3.34B

Frequently Asked Questions

What is Applied Materials's pp&e (net)?
Applied Materials (AMAT) reported pp&e (net) of $5.26B in Q1 2026.
How has Applied Materials's pp&e (net) changed year-over-year?
Applied Materials's pp&e (net) increased by 37.1% year-over-year, from $3.83B to $5.26B.
What is the long-term trend for Applied Materials's pp&e (net)?
Over 5 years (2020 to 2025), Applied Materials's pp&e (net) has grown at a 23.5% compound annual growth rate (CAGR), from $1.60B to $4.61B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.