Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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

Microsoft Excel
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: 2026-01-25), 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 composition of assets for the analyzed entity exhibits several notable trends over the observed period from January 2020 to October 2025. Current assets consistently represent a significant portion of the total asset base, generally fluctuating between approximately 57% and 63%. Non-current assets comprise the remaining portion, ranging from roughly 37% to 45%. Within these broad categories, specific asset components demonstrate distinct patterns.

Liquidity and Current Assets
Cash and cash equivalents initially increased from 17.32% in January 2020 to a peak of 26.66% in January 2021, before generally declining to 19.95% in October 2025. Short-term investments show a more modest fluctuation, generally remaining between 1.68% and 2.42%. Accounts receivable, net, demonstrates an increasing trend from 13.55% to 17.99% before leveling off, indicating a potential increase in credit sales or slower collection periods. Inventories also show a gradual increase, rising from 17.56% to 22.20% and then decreasing to 16.30% in October 2025. The combined effect of these components results in a fluctuating, but generally stable, proportion of current assets to total assets.
Long-Term Investments and Fixed Assets
Long-term investments experienced a decrease from 8.67% in January 2020 to a low of 6.51% in May 2021, followed by a recovery to 9.23% in January 2024, and then a slight decline to 8.10% in October 2024. Property, plant, and equipment, net, shows a consistent upward trend, increasing from 7.87% to 13.15% over the period, suggesting ongoing investment in productive capacity. This increase is particularly noticeable in the later years of the observation period.
Intangible Assets and Other Non-Current Assets
Goodwill generally decreased from 17.20% in January 2020 to 9.85% in October 2025, potentially reflecting impairment charges or strategic divestitures. Purchased technology and other intangible assets, net, remained relatively stable until a noticeable increase in July 2022, peaking at 1.29%, before declining to 0.62% in October 2025. Deferred income taxes and other assets decreased from 11.07% to 7.02% over the period, indicating a potential shift in tax liabilities or asset valuations.

Overall, the asset structure demonstrates a shift towards a greater proportion of property, plant, and equipment, net, and a decrease in goodwill. The company maintains a substantial portion of its assets in current assets, with cash and cash equivalents and accounts receivable being significant components. The fluctuations in these components suggest dynamic management of working capital and strategic investment decisions.