As of Q1'26, Applied Materials ( AMAT ) reported R&D Expenses of USD 928M and SG&A Expenses of USD 411M. This marks the highest R&D spending in the observed period, while SG&A Expenses have declined from recent quarters. From Q2'23 to Q1'26, R&D Expenses have shown a consistent upward trend, rising from USD 775M to USD 928M, with particularly strong growth starting from Q2'24. In contrast, SG&A Expenses have remained relatively stable, fluctuating between USD 407M and USD 483M, but with a slight downward trend after peaking in Q1'24. The data highlights a strategic emphasis on R&D investment, while maintaining disciplined control over SG&A costs throughout the period.