Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
454.71
+18.80 (4.31%)
At close: Sep 4, 2026, 4:00 PM EDT
455.00
+0.29 (0.06%)
After-hours: Sep 4, 2026, 7:59 PM EDT
Applied Materials Cash Flow Statement
Financials in millions USD. Fiscal year is November - October.
Millions USD. Fiscal year is Nov - Oct.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Net Income | 9,267 | 6,998 | 7,177 | 6,856 | 6,525 | 5,888 |
Depreciation & Amortization | 527 | 435 | 392 | 515 | 444 | 394 |
Asset Writedown & Restructuring Costs | 191 | 179 | - | - | - | - |
Loss (Gain) From Sale of Investments | -1,431 | -792 | -15 | -16 | - | - |
Stock-Based Compensation | 701 | 668 | 577 | 490 | 413 | 346 |
Other Operating Activities | -240 | 670 | -571 | 80 | -191 | 158 |
Change in Accounts Receivable | -1,921 | 49 | -69 | 903 | -1,109 | -1,989 |
Change in Inventory | -717 | -494 | 304 | 207 | -1,590 | -405 |
Change in Accounts Payable | 584 | 307 | 281 | -138 | 390 | 465 |
Change in Unearned Revenue | 794 | -283 | -126 | -167 | 1,039 | 755 |
Change in Income Taxes | 1,009 | 250 | 389 | -20 | -541 | 396 |
Change in Other Net Operating Assets | -368 | -29 | 338 | -10 | 19 | -566 |
Operating Cash Flow | 8,396 | 7,958 | 8,677 | 8,700 | 5,399 | 5,442 |
Operating Cash Flow Growth | 8.97% | -8.29% | -0.26% | 61.14% | -0.79% | 43.06% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Capital Expenditures | -2,773 | -2,260 | -1,190 | -1,106 | -787 | -668 |
Sale of Property, Plant & Equipment | 6 | 33 | - | - | - | - |
Cash Acquisitions | -262 | -29 | - | -25 | -441 | -12 |
Investment in Securities | -262 | -526 | -1,137 | -404 | -129 | -536 |
Investing Cash Flow | -3,291 | -2,782 | -2,327 | -1,535 | -1,357 | -1,216 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Short-Term Debt Issued | - | 503 | 401 | 991 | - | - |
Long-Term Debt Issued | - | 991 | 694 | - | - | - |
Total Debt Issued | 1,493 | 1,494 | 1,095 | 991 | - | - |
Short-Term Debt Repaid | - | -1,202 | -400 | -900 | - | - |
Long-Term Debt Repaid | - | - | -102 | -7 | - | - |
Total Debt Repaid | -1,202 | -1,202 | -502 | -907 | - | - |
Net Debt Issued (Repaid) | 291 | 292 | 593 | 84 | - | - |
Issuance of Common Stock | 263 | 261 | 243 | 227 | 199 | 175 |
Repurchase of Common Stock | -2,503 | -5,143 | -4,114 | -2,368 | -6,369 | -3,928 |
Common Dividends Paid | -1,515 | -1,384 | -1,192 | -975 | -873 | -838 |
Other Financing Activities | -1 | -3 | - | - | - | - |
Financing Cash Flow | -3,465 | -5,977 | -4,470 | -3,032 | -7,043 | -4,591 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Net Cash Flow | 1,640 | -801 | 1,880 | 4,133 | -3,001 | -365 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Free Cash Flow | 5,623 | 5,698 | 7,487 | 7,594 | 4,612 | 4,774 |
Free Cash Flow Growth | -3.44% | -23.89% | -1.41% | 64.66% | -3.39% | 41.16% |
Free Cash Flow Margin | 18.23% | 20.09% | 27.55% | 28.64% | 17.89% | 20.70% |
Free Cash Flow Per Share | 7.04 | 7.05 | 8.98 | 8.99 | 5.26 | 5.20 |
Levered Free Cash Flow | 3,075 | 3,653 | 5,567 | 5,392 | 3,120 | 3,284 |
Unlevered Free Cash Flow | 3,249 | 3,821 | 5,721 | 5,541 | 3,262 | 3,431 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Cash Interest Paid | 260 | 239 | 205 | 205 | 205 | 205 |
Cash Income Tax Paid | 1,021 | 1,414 | 942 | 953 | 1,713 | 824 |
Change in Working Capital | -619 | -200 | 1,117 | 775 | -1,792 | -1,344 |