Applied Materials, Inc. (AMAT)

Applied Materials Cash Flow Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 26, 2026	Oct 26, 2025	Oct 27, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021
Net Income	8,508	6,998	7,177	6,856	6,525	5,888
Depreciation & Amortization	489	435	392	515	444	394
Stock-Based Compensation	690	668	577	490	413	346
Other Adjustments	-1,126	57	-586	64	-191	158
Change in Receivables	-186	49	-69	903	-1,109	-1,989
Changes in Inventories	-660	-494	304	207	-1,590	-405
Changes in Accounts Payable	178	307	281	-138	390	465
Changes in Income Taxes Payable	948	250	389	-20	-541	396
Changes in Unearned Revenue	72	-283	-126	-167	1,039	755
Changes in Other Operating Activities	-301	-29	338	-10	19	-566
Operating Cash Flow	7,993	7,958	8,677	8,700	5,399	5,442
Operating Cash Flow Growth	7.20%	-8.29%	-0.26%	61.14%	-0.79%	43.06%
Capital Expenditures	-2,650	-2,260	-1,190	-1,106	-787	-668
Sale of Property, Plant & Equipment	6	33	-	-	-	-
Purchases of Investments	-6,644	-6,054	-3,588	-1,672	-1,492	-2,007
Proceeds from Sale of Investments	5,618	5,528	2,451	1,268	1,363	1,471
Payments for Business Acquisitions	-175	-29	-	-25	-441	-12
Investing Cash Flow	-3,845	-2,782	-2,327	-1,535	-1,357	-1,216
Short-Term Debt Issued	503	503	401	991	-	-
Short-Term Debt Repaid	-602	-502	-400	-900	-	-
Net Short-Term Debt Issued (Repaid)	-99	1	1	91	-	-
Long-Term Debt Issued	991	991	694	-	-	-
Long-Term Debt Repaid	-700	-700	-102	-7	-	-
Net Long-Term Debt Issued (Repaid)	291	291	592	-7	-	-
Issuance of Common Stock	263	261	243	227	199	175
Repurchase of Common Stock	-3,024	-5,143	-4,114	-2,368	-6,369	-3,928
Net Common Stock Issued (Repurchased)	-2,761	-4,882	-3,871	-2,141	-6,170	-3,753
Common Dividends Paid	-1,463	-1,384	-1,192	-975	-873	-838
Other Financing Activities	-381	-251	-393	-186	-266	-178
Financing Cash Flow	-4,033	-5,977	-4,470	-3,032	-7,043	-4,591
Net Cash Flow	115	-801	1,880	4,133	-3,001	-365
Free Cash Flow	5,343	5,698	7,487	7,594	4,612	4,774
Free Cash Flow Growth	-6.23%	-23.89%	-1.41%	64.66%	-3.39%	41.16%
FCF Margin	18.41%	20.09%	27.55%	28.64%	17.89%	20.70%
Free Cash Flow Per Share	6.68	7.05	8.98	8.99	5.26	5.19
Levered Free Cash Flow	6,776	5,216	8,158	6,221	5,499	6,259
Unlevered Free Cash Flow	4,876	4,183	7,314	6,082	5,661	6,362

Updated May 21, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q