Applied Materials, Inc. (AMAT)

NASDAQ: AMAT · Real-Time Price · USD

348.47

-5.33 (-1.51%)

At close: Apr 2, 2026, 4:00 PM EDT

348.21

-0.26 (-0.07%)

After-hours: Apr 2, 2026, 7:59 PM EDT

Applied Materials Income Statement

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

Millions USD. Fiscal year is Nov - Oct.

Fiscal Quarter	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	Q2 2021
Period Ending	Jan '26 Jan 25, 2026	Oct '25 Oct 26, 2025	Jul '25 Jul 27, 2025	Apr '25 Apr 27, 2025	Jan '25 Jan 26, 2025	Oct '24 Oct 27, 2024	Jul '24 Jul 28, 2024	Apr '24 Apr 28, 2024	Jan '24 Jan 28, 2024	Oct '23 Oct 29, 2023	Jul '23 Jul 30, 2023	Apr '23 Apr 30, 2023	Jan '23 Jan 29, 2023	Oct '22 Oct 30, 2022	Jul '22 Jul 31, 2022	May '22 May 1, 2022	Jan '22 Jan 30, 2022	Oct '21 Oct 31, 2021	Aug '21 Aug 1, 2021	May '21 May 2, 2021
Revenue	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	5,582
Revenue Growth (YoY)	-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%	41.07%
Cost of Revenue	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	2,929
Gross Profit	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	2,653
Selling, General & Admin	411	455	428	423	462	431	427	456	483	409	407	408	404	381	377	347	333	310	314	297
Research & Development	928	917	901	893	859	858	836	785	754	789	767	775	771	726	705	686	654	622	640	617
Other Operating Expenses	265	181	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-4	-1	-	160
Total Operating Expenses	1,604	1,553	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	1,074
Operating Income	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	1,579
Interest Income	566	626	396	221	8	-85	81	141	395	259	64	-73	50	12	-7	28	6	49	24	27
Interest Expense	-69	-71	-66	-68	-64	-66	-63	-59	-59	-58	-60	-61	-59	-57	-56	-58	-57	-57	-57	-61
Total Non-Operating Income (Expense)	497	555	330	153	-56	-151	18	82	336	201	4	-134	-9	-45	-63	-30	-51	-8	-33	-34
Pretax Income	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	1,545
Provision for Income Taxes	302	370	784	185	934	164	255	272	284	168	246	202	244	358	255	328	133	294	264	215
Net Income	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	1,330
Net Income to Common	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	1,330
Net Income Growth	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%	76.16%
Shares Outstanding (Basic)	793	794	798	809	814	822	826	830	831	836	838	843	845	854	864	878	889	900	908	918
Shares Outstanding (Diluted)	799	798	802	812	819	828	833	836	837	842	843	847	849	859	869	883	897	907	918	927
Shares Change (YoY)	-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%	0.43%
EPS (Basic)	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	1.45
EPS (Diluted)	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	1.43
EPS Growth	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%	74.39%
Shares Outstanding	793	793	796.64	802.5	812.44	818	824.4	827.97	830.9	833	836.53	839.75	845.12	844	860.31	869.95	883.39	892	902.93	913.98
Free Cash Flow	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	983
Free Cash Flow Growth	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%	74.29%
Free Cash Flow Per Share	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	1.06
Dividends Per Share	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	0.240
Dividend Growth	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%	9.09%
Gross Margin	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%	47.53%
Operating Margin	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%	28.29%
Profit Margin	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%	23.83%
FCF Margin	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%	17.61%
EBITDA	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	1,676
EBITDA Margin	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%	30.03%
EBIT	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	1,579
EBIT Margin	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%	28.29%
Effective Tax Rate	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%	13.92%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q