AMAT · 10-Q · 2026Q3 · Full report

Liquidity and Debt Position

APPLIED MATERIALS INC /DE · 2026-08-20 · Importance 47 · Surprise 22 · No source text

Cash, cash equivalents, and investments totaled $14.501 billion as of July 26, 2026, up from $12.900 billion at October 26, 2025. Nine-month operating cash flow increased to $5.568 billion from $5.130 billion, primarily due to higher net income and lower income-tax payments. Senior unsecured notes totaled $6.5 billion, while commercial paper outstanding was $100 million. Applied Materials had up to $4.0 billion of revolving credit capacity, no borrowings under those facilities, and compliance with all applicable covenants as of July 26, 2026.

Key facts

• 364-Day Credit Agreement amount: $2.0 billion; scheduled to expire in September 2026 with option to convert outstanding loans to term loans maturing September 2027. source
• We believe cash generated from operations, together with existing cash balances and borrowing capability, will be sufficient to satisfy liquidity requirements for the next 12 months. source
• We have credit facilities for unsecured borrowings in various currencies of up to an aggregate amount of $4.0 billion. source
• Five-Year Credit Agreement amount: $2.0 billion; scheduled to expire in February 2030 unless extended. source
• Cash and cash equivalents as of July 26, 2026: $7,037 million. source
• Total cash, cash equivalents and investments as of July 26, 2026: $14,501 million. source
• Senior unsecured notes outstanding as of July 26, 2026: $6.5 billion aggregate principal amount. source
• Working capital as of July 26, 2026: $14.7 billion; as of October 26, 2025: $12.9 billion. source

Impact estimates