Stock Analysis on Net
Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

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Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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Applied Materials Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Jul 26, 2026 Apr 26, 2026 Jan 25, 2026 Oct 26, 2025 Jul 27, 2025 Apr 27, 2025 Jan 26, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020
Short-term debt
Accounts payable and accrued expenses
Contract liabilities
Current liabilities
Long-term debt, net of current portion
Income taxes payable
Other liabilities
Non-current liabilities
Total liabilities
Common stock
Additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive loss
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2026-07-26), 10-Q (reporting date: 2026-04-26), 10-Q (reporting date: 2026-01-25), 10-K (reporting date: 2025-10-26), 10-Q (reporting date: 2025-07-27), 10-Q (reporting date: 2025-04-27), 10-Q (reporting date: 2025-01-26), 10-K (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26).


The capital structure of the entity exhibits a definitive transition toward a more equity-heavy composition over the analyzed period. Total liabilities decreased from a peak of 58.63% in April 2020 to 41.12% by July 2026. Conversely, stockholders' equity improved from 41.37% during the same peak liability period to 58.88% by the end of the sequence, signaling a reduction in financial leverage and an increase in the proportion of internally generated or contributed capital.

Debt and Non-Current Obligations
A sustained reduction in long-term debt is observed, falling from 23.85% in January 2020 to 12.05% in July 2026. This decline is the primary driver behind the overall reduction in non-current liabilities, which dropped from 33.08% to 17.32% over the period. Short-term debt remained relatively immaterial for most of the timeline, though periodic spikes were noted, specifically reaching 2.98% in the final quarters of the series.
Current Liability Dynamics
Current liabilities displayed moderate volatility, fluctuating between 19% and 27%. A peak occurred in October 2022 at 27.61%, driven largely by a rise in contract liabilities, which peaked at 11.76% in the same period before moderating to 7.52% by July 2026. Accounts payable and accrued expenses remained relatively stable, generally oscillating between 12% and 16% of the total capital structure.
Equity and Capital Distribution
The equity section is characterized by significant internal growth offset by aggressive capital returns. Retained earnings showed a substantial upward trend, rising from 126.90% in January 2020 to a peak of 156.95% in July 2025, before ending at 141.06%. This growth was countered by a large and fluctuating treasury stock balance, which ranged from -104.03% to -129.16%, indicating a consistent and heavy program of share repurchases. Additional paid-in capital saw a gradual decline from 38.19% to 24.29% over the analyzed timeframe.
Tax and Other Obligations
Income taxes payable demonstrated a clear downward trend, moving from 6.57% in January 2020 to approximately 2.02% by July 2026. Other liabilities remained marginalized and stable, consistently representing between 2% and 3.5% of the total liabilities and stockholders' equity.