Applied Materials, Inc. (AMAT)

Applied Materials Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Apr 26, 2026	Jan 25, 2026	Oct 26, 2025	Jul 27, 2025	Apr 27, 2025	Jan 26, 2025	Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021
Revenue	7,910	7,012	6,800	7,302	7,100	7,166	7,045	6,778	6,646	6,707	6,723	6,425	6,630	6,739	6,749	6,520	6,245	6,271	6,123	6,196
Revenue Growth (YoY)	11.41%	-2.15%	-3.48%	7.73%	6.83%	6.84%	4.79%	5.49%	0.24%	-0.47%	-0.39%	-1.46%	6.17%	7.46%	10.22%	5.23%	11.88%	21.48%	30.61%	40.98%
Cost of Revenue	3,963	3,577	3,535	3,740	3,615	3,670	3,710	3,573	3,493	3,503	3,554	3,449	3,536	3,594	3,648	3,514	3,318	3,312	3,178	3,229
Gross Profit	3,947	3,435	3,265	3,562	3,485	3,496	3,335	3,205	3,153	3,204	3,169	2,976	3,094	3,145	3,101	3,006	2,927	2,959	2,945	2,967
Selling, General & Admin	397	411	455	428	423	462	431	427	456	483	409	407	408	404	381	377	347	333	310	314
Research & Development	1,027	928	917	901	893	859	858	836	785	754	789	767	775	771	726	705	686	654	622	640
Other Operating Expenses	-	265	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-4	-1	-
Total Operating Expenses	1,424	1,604	1,372	1,329	1,316	1,321	1,289	1,263	1,241	1,237	1,198	1,174	1,183	1,175	1,107	1,082	1,033	983	931	954
Operating Income	2,523	1,831	1,712	2,233	2,169	2,175	2,046	1,942	1,912	1,967	1,971	1,802	1,911	1,970	1,994	1,924	1,894	1,976	2,014	2,013
Interest Income	771	566	626	396	221	8	-85	81	141	395	259	64	-73	50	12	-7	28	6	49	24
Interest Expense	-69	-69	-71	-66	-68	-64	-66	-63	-59	-59	-58	-60	-61	-59	-57	-56	-58	-57	-57	-57
Total Non-Operating Income (Expense)	702	497	555	330	153	-56	-151	18	82	336	201	4	-134	-9	-45	-63	-30	-51	-8	-33
Pretax Income	3,225	2,328	2,267	2,563	2,322	2,119	1,895	1,960	1,994	2,303	2,172	1,806	1,777	1,961	1,949	1,861	1,864	1,925	2,006	1,980
Provision for Income Taxes	419	302	370	784	185	934	164	255	272	284	168	246	202	244	358	255	328	133	294	264
Net Income	2,806	2,026	1,897	1,779	2,137	1,185	1,731	1,705	1,722	2,019	2,004	1,560	1,575	1,717	1,591	1,606	1,536	1,792	1,712	1,716
Net Income to Common	2,806	2,026	1,897	1,779	2,137	1,185	1,731	1,705	1,722	2,019	2,004	1,560	1,575	1,717	1,591	1,606	1,536	1,792	1,712	1,716
Net Income Growth	31.31%	70.97%	9.59%	4.34%	24.10%	-41.31%	-13.62%	9.29%	9.33%	17.59%	25.96%	-2.86%	2.54%	-4.18%	-7.07%	-6.41%	15.49%	58.58%	51.37%	104.04%
Shares Outstanding (Basic)	794	793	794	798	809	814	822	826	830	831	836	838	843	845	854	864	878	889	900	908
Shares Outstanding (Diluted)	799	799	798	802	812	819	828	833	836	837	842	843	847	849	859	869	883	897	907	918
Shares Change (YoY)	-1.60%	-2.44%	-3.62%	-3.72%	-2.87%	-2.15%	-1.66%	-1.19%	-1.30%	-1.41%	-1.98%	-2.99%	-4.08%	-5.35%	-5.29%	-5.34%	-4.75%	-3.03%	-1.52%	-0.43%
EPS (Basic)	3.53	2.55	2.39	2.23	2.64	1.46	2.11	2.06	2.08	2.43	2.40	1.86	1.87	2.03	1.86	1.86	1.75	2.02	1.91	1.89
EPS (Diluted)	3.51	2.54	2.38	2.22	2.63	1.45	2.09	2.05	2.06	2.41	2.38	1.85	1.86	2.02	1.85	1.85	1.74	2.00	1.89	1.87
EPS Growth	33.46%	75.17%	13.88%	8.29%	27.67%	-39.83%	-12.19%	10.81%	10.75%	19.31%	28.65%	-	6.90%	1.00%	-2.12%	-1.07%	21.68%	63.93%	53.66%	105.50%
Free Cash Flow	210	1,040	2,043	2,050	1,061	544	2,168	2,088	1,135	2,096	1,246	2,328	2,037	1,983	634	1,259	205	2,514	942	1,549
Free Cash Flow Growth	-80.21%	91.18%	-5.77%	-1.82%	-6.52%	-74.05%	74.00%	-10.31%	-44.28%	5.70%	96.53%	84.91%	893.66%	-21.12%	-32.70%	-18.72%	-79.14%	93.38%	-18.30%	98.59%
Free Cash Flow Per Share	0.26	1.30	2.56	2.56	1.31	0.66	2.62	2.51	1.36	2.50	1.48	2.76	2.40	2.34	0.74	1.45	0.23	2.80	1.04	1.69
Dividends Per Share	0.530	0.460	0.460	0.460	0.460	0.400	0.400	0.400	0.400	0.320	0.320	0.320	0.320	0.260	0.260	0.260	0.260	0.240	0.240	0.240
Dividend Growth	15.22%	15.00%	15.00%	15.00%	15.00%	25.00%	25.00%	25.00%	25.00%	23.08%	23.08%	23.08%	23.08%	8.33%	8.33%	8.33%	8.33%	9.09%	9.09%	9.09%
Gross Margin	49.90%	48.99%	48.01%	48.78%	49.08%	48.79%	47.34%	47.29%	47.44%	47.77%	47.14%	46.32%	46.67%	46.67%	45.95%	46.10%	46.87%	47.19%	48.10%	47.89%
Operating Margin	31.90%	26.11%	25.18%	30.58%	30.55%	30.35%	29.04%	28.65%	28.77%	29.33%	29.32%	28.05%	28.82%	29.23%	29.55%	29.51%	30.33%	31.51%	32.89%	32.49%
Profit Margin	35.47%	28.89%	27.90%	24.36%	30.10%	16.54%	24.57%	25.15%	25.91%	30.10%	29.81%	24.28%	23.76%	25.48%	23.57%	24.63%	24.60%	28.58%	27.96%	27.70%
FCF Margin	2.65%	14.83%	30.04%	28.07%	14.94%	7.59%	30.77%	30.81%	17.08%	31.25%	18.53%	36.23%	30.72%	29.43%	9.39%	19.31%	3.28%	40.09%	15.38%	25.00%
EBITDA	2,658	1,958	1,826	2,346	2,272	2,280	2,156	2,037	2,008	2,058	2,101	1,938	2,040	2,090	2,117	2,032	2,005	2,078	2,119	2,111
EBITDA Margin	33.60%	27.92%	26.85%	32.13%	32.00%	31.82%	30.60%	30.05%	30.21%	30.68%	31.25%	30.16%	30.77%	31.01%	31.37%	31.17%	32.11%	33.14%	34.61%	34.07%
EBIT	2,523	1,831	1,712	2,233	2,169	2,175	2,046	1,942	1,912	1,967	1,971	1,802	1,911	1,970	1,994	1,924	1,894	1,976	2,014	2,013
EBIT Margin	31.90%	26.11%	25.18%	30.58%	30.55%	30.35%	29.04%	28.65%	28.77%	29.33%	29.32%	28.05%	28.82%	29.23%	29.55%	29.51%	30.33%	31.51%	32.89%	32.49%
Effective Tax Rate	12.99%	12.97%	16.32%	30.59%	7.97%	44.08%	8.65%	13.01%	13.64%	12.33%	7.73%	13.62%	11.37%	12.44%	18.37%	13.70%	17.60%	6.91%	14.66%	13.33%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 21, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 10, 2026

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