Stock Analysis on Net
Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Applied Materials Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

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
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventories
Other current assets
Current assets
Long-term investments
Property, plant and equipment, net
Goodwill
Purchased technology and other intangible assets, net
Deferred income taxes and other assets
Non-current assets
Total assets

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).


Total assets exhibited a consistent and significant upward trajectory over the analyzed period, growing from 19,767 million US dollars in January 2020 to 43,522 million US dollars by July 2026. This expansion represents more than a doubling of the asset base, driven by concurrent growth in both current and non-current asset categories.

Liquidity and Current Asset Composition
Current assets increased from 10,769 million US dollars to 25,095 million US dollars. Cash and cash equivalents showed notable volatility, peaking at 8,288 million US dollars in July 2024 before stabilizing in the 6,000 to 7,000 million US dollar range toward 2026. Accounts receivable, net, displayed a strong growth trend, rising from 2,679 million US dollars in January 2020 to 7,691 million US dollars by July 2026, indicating a substantial increase in credit extended to customers. Inventories also trended upward, moving from 3,472 million US dollars to 6,564 million US dollars, suggesting an expansion in production capacity or strategic stockpiling.
Fixed Asset and Long-Term Investment Expansion
Non-current assets grew from 8,998 million US dollars to 18,427 million US dollars. A primary driver of this growth was Property, Plant and Equipment (net), which increased more than threefold from 1,555 million US dollars in January 2020 to 5,606 million US dollars by July 2026, reflecting heavy capital investment in infrastructure. Long-term investments also saw a marked increase, rising from 1,713 million US dollars to 5,268 million US dollars over the same period.
Intangible Assets and Other Non-Current Items
Goodwill remained relatively stable, fluctuating within a narrow band between 3,399 million US dollars and 3,873 million US dollars. Purchased technology and other intangible assets showed less consistency, with a peak of 337 million US dollars in May 2022 before stabilizing around 315 million US dollars by July 2026. Deferred income taxes and other assets trended generally upward, ending at 3,365 million US dollars.

The overall financial profile indicates a period of aggressive scaling. The simultaneous increase in property, plant and equipment, inventories, and accounts receivable suggests a strategic focus on expanding operational capacity to support higher sales volumes. This growth was supported by a robust cash position and an increase in long-term investment holdings.


Assets: Selected Items


Current Assets: Selected Items