Applied Materials (AMAT)
Builds wafer-fabrication tools and services across chipmaking’s materials-engineering steps.
$472.78
After hours+0.32 (+0.07%)
At close$472.46(+1.77%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Oct 2023 | Q1 FY24Jan 2024 | Q2 FY24Apr 2024 | Q3 FY24Jul 2024 | Q4 FY24Oct 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 | Q3 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,723 | 6,707 | 6,646 | 6,778 | 7,045 | 7,166 | 7,100 | 7,302 | 6,800 | 7,012 | 7,910 | 9,115 |
| Cost of revenue | 3,554 | 3,503 | 3,493 | 3,573 | 3,710 | 3,670 | 3,615 | 3,740 | 3,535 | 3,577 | 3,963 | 4,529 |
| Gross profit | 3,169 | 3,204 | 3,153 | 3,205 | 3,335 | 3,496 | 3,485 | 3,562 | 3,265 | 3,435 | 3,947 | 4,586 |
| 1,198 | 1,237 | 1,241 | 1,263 | 1,289 | 1,321 | 1,316 | 1,329 | 1,553 | 1,339 | 1,424 | 1,511 | |
| Research & development | 789 | 754 | 785 | 836 | 858 | 859 | 893 | 901 | 917 | 928 | 1,027 | 1,100 |
| 409 | 483 | 456 | 427 | 431 | 462 | 423 | 428 | 455 | 411 | 397 | 411 | |
| Selling & marketing | 192 | 207 | 209 | 205 | 215 | 206 | 216 | 224 | 212 | 222 | 233 | 249 |
| General & administrative | 217 | 276 | 247 | 222 | 216 | 256 | 207 | 204 | 243 | 189 | 164 | 162 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 181 | 0 | 0 | 0 |
| Operating income | 1,971 | 1,967 | 1,912 | 1,942 | 2,046 | 2,175 | 2,169 | 2,233 | 1,712 | 2,096 | 2,523 | 3,075 |
| 201 | 336 | 82 | 18 | −151 | −56 | 153 | 330 | 555 | 232 | 702 | −168 | |
| Interest income | 259 | 395 | 141 | 81 | −85 | 8 | 221 | 8 | 0 | 566 | 771 | 0 |
| Interest expense | 58 | 59 | 59 | 63 | 66 | 64 | 68 | 66 | 71 | 69 | 69 | 68 |
| Other non-operating income | −259 | −395 | −141 | −81 | 85 | −8 | −221 | −396 | −626 | −301 | −771 | 100 |
| Income before tax | 2,172 | 2,303 | 1,994 | 1,960 | 1,895 | 2,119 | 2,322 | 2,563 | 2,267 | 2,328 | 3,225 | 2,907 |
| Income tax expense | 168 | 284 | 272 | 255 | 164 | 934 | 185 | 784 | 370 | 302 | 419 | 369 |
| Net income from continuing operations | 2,004 | 2,019 | 1,722 | 1,705 | 1,731 | 1,185 | 2,137 | 1,779 | 1,897 | 2,026 | 2,806 | 2,538 |
| Net income | 2,004 | 2,019 | 1,722 | 1,705 | 1,731 | 1,185 | 2,137 | 1,779 | 1,897 | 2,026 | 2,806 | 2,538 |
| EPS, basic | $2.40 | $2.43 | $2.07 | $2.06 | $2.11 | $1.46 | $2.64 | $2.22 | $2.39 | $2.55 | $3.53 | $3.20 |
| EPS, diluted | $2.38 | $2.41 | $2.06 | $2.05 | $2.09 | $1.45 | $2.63 | $2.21 | $2.38 | $2.54 | $3.51 | $3.17 |
| Weighted average shares, basic | 836 | 831 | 830 | 826 | 822 | 814 | 811 | 807 | 794 | 793 | 794 | 794 |
| Weighted average shares, diluted | 842 | 837 | 836 | 833 | 828 | 819 | 815 | 811 | 798 | 799 | 799 | 800 |
| EBITDA | 2,360 | 2,453 | 2,146 | 2,115 | 2,071 | 2,288 | 2,493 | 2,742 | 2,448 | 2,524 | 3,429 | 2,975 |
| Depreciation & amortization | 130 | 91 | 96 | 95 | 110 | 105 | 103 | 113 | 110 | 127 | 135 | 0 |
| EBIT | 2,230 | 2,362 | 2,053 | 2,023 | 1,961 | 2,183 | 2,390 | 2,629 | 2,338 | 2,397 | 3,294 | 2,975 |
