APPLIED MATERIALS INC /DE
For the period ended Oct 26, 2025. Filed Dec 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Dec 12, 2025
AMAT$372.53+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net income | $6,998 | $7,177 | $6,856 |
| Adjustments required to reconcile net income to cash provided by operating activities: | |||
| Depreciation and amortization | 435 | 392 | 515 |
| Restructuring charges | 179 | — | — |
| Deferred income taxes | 639 | (633) | 24 |
| (Gain) loss and impairments on investments, net | (792) | (15) | (16) |
| Share-based compensation | 668 | 577 | 490 |
| Other | 31 | 62 | 56 |
| Changes in operating assets and liabilities, net of amounts acquired: | |||
| Accounts receivable | 49 | (69) | 903 |
| Inventories | (494) | 304 | 207 |
| Other current and non-current assets | (119) | 287 | (48) |
| Accounts payable and accrued expenses | 307 | 281 | (138) |
| Contract liabilities | (283) | (126) | (167) |
| Income taxes payable | 250 | 389 | (20) |
| Other liabilities | 90 | 51 | 38 |
| Cash provided by operating activities | 7,958 | 8,677 | 8,700 |
| Cash flows from investing activities: | |||
| Capital expenditures | (2,260) | (1,190) | (1,106) |
| Cash paid for acquisitions, net of cash acquired | (29) | — | (25) |
| Proceeds from asset sale | 33 | — | — |
| Proceeds from sales and maturities of investments | 5,528 | 2,451 | 1,268 |
| Purchases of investments | (6,054) | (3,588) | (1,672) |
| Cash used in investing activities | (2,782) | (2,327) | (1,535) |
| Cash flows from financing activities: | |||
| Debt borrowings, net of issuance costs | 991 | 694 | — |
| Debt repayments | (700) | — | — |
| Proceeds from commercial paper | 503 | 401 | 991 |
| Repayments of commercial paper | (502) | (400) | (900) |
| Proceeds from common stock issuances | 261 | 243 | 227 |
| Common stock repurchases | (4,895) | (3,823) | (2,189) |
| Tax withholding payments for vested equity awards | (248) | (291) | (179) |
| Payments of dividends to stockholders | (1,384) | (1,192) | (975) |
| Payments of debt issuance costs | (3) | — | — |
| Repayments of principals on finance leases | — | (102) | (7) |
| Cash used in financing activities | (5,977) | (4,470) | (3,032) |
| Increase (decrease) in cash, cash equivalents and restricted cash equivalents | (801) | 1,880 | 4,133 |
| Cash, cash equivalents and restricted cash equivalents — beginning of period | 8,113 | 6,233 | 2,100 |
| Cash, cash equivalents and restricted cash equivalents — end of period | $7,312 | $8,113 | $6,233 |
| Reconciliation of cash, cash equivalents, and restricted cash equivalents | |||
| Cash and cash equivalents | $7,241 | $8,022 | $6,132 |
| Restricted cash equivalents included in deferred income taxes and other assets | 71 | 91 | 101 |
| Total cash, cash equivalents, and restricted cash equivalents | $7,312 | $8,113 | $6,233 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Supplemental cash flow information: | |||
| Cash payments for income taxes | $1,504 | $957 | $1,006 |
| Cash refunds from income taxes | $90 | $15 | $53 |
| Cash payments for interest | $239 | $205 | $205 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.