Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
575.39
-27.11 (-4.50%)
At close: Jul 13, 2026, 4:00 PM EDT
574.99
-0.40 (-0.07%)
After-hours: Jul 13, 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 | 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 Apr 26, 2026 | 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 |
| 29,024 | 28,214 | 28,368 | 28,613 | 28,089 | 27,635 | 27,176 | 26,854 | 26,501 | 26,485 | 26,517 | 26,543 | 26,638 | 26,253 | 25,785 | 25,159 | 24,835 | 24,172 | 23,063 | 21,628 | |
Revenue Growth (YoY) | 3.33% | 2.10% | 4.39% | 6.55% | 5.99% | 4.34% | 2.48% | 1.17% | -0.51% | 0.88% | 2.84% | 5.50% | 7.26% | 8.61% | 11.80% | 16.33% | 25.26% | 32.80% | 34.07% | 32.95% |
Cost of Revenue | 14,815 | 14,467 | 14,560 | 14,735 | 14,568 | 14,446 | 14,279 | 14,123 | 13,999 | 14,042 | 14,133 | 14,227 | 14,292 | 14,074 | 13,792 | 13,322 | 13,037 | 12,648 | 12,149 | 11,529 |
Gross Profit | 14,209 | 13,747 | 13,808 | 13,878 | 13,521 | 13,189 | 12,897 | 12,731 | 12,502 | 12,443 | 12,384 | 12,316 | 12,346 | 12,179 | 11,993 | 11,837 | 11,798 | 11,524 | 10,914 | 10,099 |
Selling, General & Admin | 1,691 | 1,717 | 1,768 | 1,744 | 1,743 | 1,776 | 1,797 | 1,775 | 1,755 | 1,707 | 1,628 | 1,600 | 1,570 | 1,509 | 1,438 | 1,367 | 1,304 | 1,254 | 1,229 | 1,206 |
Research & Development | 3,773 | 3,639 | 3,570 | 3,511 | 3,446 | 3,338 | 3,233 | 3,164 | 3,095 | 3,085 | 3,102 | 3,039 | 2,977 | 2,888 | 2,771 | 2,667 | 2,602 | 2,533 | 2,485 | 2,423 |
Other Operating Expenses | 253 | 253 | 181 | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -4 | -5 | -5 | 155 | 311 | 312 |
Total Operating Expenses | 5,717 | 5,609 | 5,519 | 5,255 | 5,189 | 5,114 | 5,030 | 4,939 | 4,850 | 4,792 | 4,730 | 4,639 | 4,547 | 4,397 | 4,205 | 4,029 | 3,901 | 3,942 | 4,025 | 3,941 |
Operating Income | 8,299 | 7,945 | 8,289 | 8,623 | 8,332 | 8,075 | 7,867 | 7,792 | 7,652 | 7,651 | 7,654 | 7,677 | 7,799 | 7,782 | 7,788 | 7,808 | 7,897 | 7,582 | 6,889 | 6,158 |
Interest Income | 2,359 | 1,809 | 1,251 | 540 | 225 | 145 | 532 | 876 | 859 | 645 | 300 | 53 | -18 | 83 | 39 | 76 | 107 | 106 | 118 | 88 |
Interest Expense | -275 | -274 | -269 | -264 | -261 | -252 | -247 | -239 | -236 | -238 | -238 | -237 | -233 | -230 | -228 | -228 | -229 | -232 | -236 | -238 |
Total Non-Operating Income (Expense) | 2,084 | 1,535 | 982 | 276 | -36 | -107 | 285 | 637 | 623 | 407 | 62 | -184 | -251 | -147 | -189 | -152 | -122 | -126 | -118 | -150 |
Pretax Income | 10,383 | 9,480 | 9,271 | 8,899 | 8,296 | 7,968 | 8,152 | 8,429 | 8,275 | 8,058 | 7,716 | 7,493 | 7,548 | 7,635 | 7,599 | 7,656 | 7,775 | 7,456 | 6,771 | 6,008 |
Provision for Income Taxes | 1,875 | 1,641 | 2,273 | 2,067 | 1,538 | 1,625 | 975 | 979 | 970 | 900 | 860 | 1,050 | 1,059 | 1,185 | 1,074 | 1,010 | 1,019 | 906 | 883 | 701 |
Net Income | 8,508 | 7,839 | 6,998 | 6,832 | 6,758 | 6,343 | 7,177 | 7,450 | 7,305 | 7,158 | 6,856 | 6,443 | 6,489 | 6,450 | 6,525 | 6,646 | 6,756 | 6,550 | 5,888 | 5,307 |
Net Income to Common | 8,508 | 7,839 | 6,998 | 6,832 | 6,758 | 6,343 | 7,177 | 7,450 | 7,305 | 7,158 | 6,856 | 6,443 | 6,489 | 6,450 | 6,525 | 6,646 | 6,756 | 6,550 | 5,888 | 5,307 |
Net Income Growth | 25.90% | 23.59% | -2.49% | -8.29% | -7.49% | -11.39% | 4.68% | 15.63% | 12.57% | 10.98% | 5.07% | -3.05% | -3.95% | -1.53% | 10.82% | 25.23% | 52.44% | 69.82% | 62.70% | 66.57% |
Shares Outstanding (Basic) | 795 | 799 | 804 | 811 | 818 | 823 | 827 | 831 | 834 | 837 | 840 | 845 | 852 | 860 | 871 | 883 | 894 | 904 | 910 | 914 |
Shares Outstanding (Diluted) | 800 | 803 | 808 | 815 | 823 | 829 | 834 | 837 | 840 | 842 | 845 | 850 | 856 | 865 | 877 | 889 | 901 | 912 | 919 | 923 |
Shares Change (YoY) | -2.85% | -3.17% | -3.12% | -2.60% | -1.97% | -1.57% | -1.30% | -1.47% | -1.93% | -2.63% | -3.65% | -4.44% | -5.02% | -5.18% | -4.57% | -3.66% | -2.44% | -1.14% | -0.43% | -0.32% |
EPS (Basic) | 10.70 | 9.81 | 8.71 | 8.44 | 8.27 | 7.71 | 8.68 | 8.97 | 8.77 | 8.56 | 8.16 | 7.62 | 7.62 | 7.50 | 7.49 | 7.54 | 7.57 | 7.27 | 6.47 | 5.82 |
EPS (Diluted) | 10.65 | 9.77 | 8.66 | 8.39 | 8.22 | 7.65 | 8.61 | 8.90 | 8.70 | 8.50 | 8.11 | 7.58 | 7.58 | 7.46 | 7.44 | 7.48 | 7.50 | 7.19 | 6.40 | 5.75 |
EPS Growth | 29.56% | 27.71% | 0.58% | -5.73% | -5.52% | -10.00% | 6.17% | 17.41% | 14.78% | 13.94% | 9.01% | 1.34% | 1.07% | 3.75% | 16.25% | 30.09% | 56.58% | 72.01% | 63.27% | 67.15% |
Free Cash Flow | 5,343 | 6,194 | 5,698 | 5,823 | 5,861 | 5,935 | 7,487 | 6,565 | 6,805 | 7,707 | 7,594 | 6,982 | 5,913 | 4,081 | 4,612 | 4,920 | 5,210 | 5,988 | 4,774 | 4,985 |
Free Cash Flow Growth | -8.84% | 4.36% | -23.89% | -11.30% | -13.87% | -22.99% | -1.41% | -5.97% | 15.09% | 88.85% | 64.66% | 41.91% | 13.49% | -31.85% | -3.39% | -1.30% | 23.58% | 57.70% | 41.16% | 68.53% |
Free Cash Flow Per Share | 6.68 | 7.72 | 7.05 | 7.14 | 7.12 | 7.16 | 8.98 | 7.84 | 8.11 | 9.15 | 8.99 | 8.22 | 6.91 | 4.72 | 5.26 | 5.53 | 5.78 | 6.56 | 5.19 | 5.40 |
Dividends Per Share | 1.910 | 1.840 | 1.780 | 1.720 | 1.660 | 1.600 | 1.520 | 1.440 | 1.360 | 1.280 | 1.220 | 1.160 | 1.100 | 1.040 | 1.020 | 1.000 | 1.000 | 0.960 | 0.940 | 0.920 |
Dividend Growth | 15.06% | 15.00% | 17.11% | 19.44% | 22.06% | 25.00% | 24.59% | 24.14% | 23.64% | 23.08% | 19.61% | 16.00% | 10.00% | 8.33% | 8.51% | 8.70% | 13.64% | 9.09% | 8.05% | 6.98% |
Gross Margin | 48.96% | 48.72% | 48.67% | 48.50% | 48.14% | 47.73% | 47.46% | 47.41% | 47.18% | 46.98% | 46.70% | 46.40% | 46.35% | 46.39% | 46.51% | 47.05% | 47.51% | 47.67% | 47.32% | 46.69% |
Operating Margin | 28.59% | 28.16% | 29.22% | 30.14% | 29.66% | 29.22% | 28.95% | 29.02% | 28.87% | 28.89% | 28.86% | 28.92% | 29.28% | 29.64% | 30.20% | 31.03% | 31.80% | 31.37% | 29.87% | 28.47% |
Profit Margin | 29.31% | 27.78% | 24.67% | 23.88% | 24.06% | 22.95% | 26.41% | 27.74% | 27.57% | 27.03% | 25.86% | 24.27% | 24.36% | 24.57% | 25.31% | 26.42% | 27.20% | 27.10% | 25.53% | 24.54% |
FCF Margin | 18.41% | 21.95% | 20.09% | 20.35% | 20.87% | 21.48% | 27.55% | 24.45% | 25.68% | 29.10% | 28.64% | 26.30% | 22.20% | 15.54% | 17.89% | 19.56% | 20.98% | 24.77% | 20.70% | 23.05% |
EBITDA | 8,788 | 8,402 | 8,724 | 9,054 | 8,745 | 8,481 | 8,259 | 8,204 | 8,105 | 8,137 | 8,169 | 8,185 | 8,279 | 8,244 | 8,232 | 8,234 | 8,313 | 7,984 | 7,283 | 6,544 |
EBITDA Margin | 30.28% | 29.78% | 30.75% | 31.64% | 31.13% | 30.69% | 30.39% | 30.55% | 30.58% | 30.72% | 30.81% | 30.84% | 31.08% | 31.40% | 31.93% | 32.73% | 33.47% | 33.03% | 31.58% | 30.26% |
EBIT | 8,299 | 7,945 | 8,289 | 8,623 | 8,332 | 8,075 | 7,867 | 7,792 | 7,652 | 7,651 | 7,654 | 7,677 | 7,799 | 7,782 | 7,788 | 7,808 | 7,897 | 7,582 | 6,889 | 6,158 |
EBIT Margin | 28.59% | 28.16% | 29.22% | 30.14% | 29.66% | 29.22% | 28.95% | 29.02% | 28.87% | 28.89% | 28.86% | 28.92% | 29.28% | 29.64% | 30.20% | 31.03% | 31.80% | 31.37% | 29.87% | 28.47% |
Effective Tax Rate | 18.06% | 17.31% | 24.52% | 23.23% | 18.54% | 20.39% | 11.96% | 11.61% | 11.72% | 11.17% | 11.15% | 14.01% | 14.03% | 15.52% | 14.13% | 13.19% | 13.11% | 12.15% | 13.04% | 11.67% |