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Applied Materials (AMAT) Cash Flow Waterfall

Trace Applied Materials's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$7.99B

Capex

−$2.03B

Free Cash Flow

$5.96B

FCF Margin

+74.6%

Cash flow waterfall for Applied Materials (AMAT) — TTM through Q2 2026

Free cash flow: $5.96B

Cash flow breakdown for Applied Materials (AMAT) — TTM through Q2 2026

  • Operating Cash Flow$7.99B
  • Capital Expenditure−$2.03B
  • Free Cash Flow$5.96B
  • Acquisitions$175.00M
  • Other Investing−$856.00M
  • Share Buybacks−$2.07B
  • Dividends Paid−$1.10B
  • Net Debt Change$191.00M
  • Other Financing & FX−$316.00M
  • Net Cash Increase$1.99B
Want to see what drove the FCF change?Free Cash Flow Bridge

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