Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
535.31
+28.13 (5.55%)
At close: Aug 17, 2026, 4:00 PM EDT
533.30
-2.01 (-0.38%)
After-hours: Aug 17, 2026, 5:42 PM EDT
Applied Materials Income Statement
Financials in millions USD. Fiscal year is November - October.
Millions USD. Fiscal year is Nov - Oct.
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | 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 |
| 9,115 | 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 | |
Revenue Growth (YoY) | 24.83% | 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% |
Cost of Revenue | 4,529 | 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 |
Gross Profit | 4,586 | 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 |
Selling, General & Admin | 411 | 397 | 411 | 414 | 428 | 423 | 462 | 431 | 427 | 456 | 483 | 409 | 407 | 408 | 404 | 381 | 377 | 347 | 333 | 305 |
Research & Development | 1,100 | 1,027 | 928 | 917 | 901 | 893 | 859 | 858 | 836 | 785 | 754 | 789 | 767 | 775 | 771 | 726 | 705 | 686 | 654 | 622 |
Operating Expenses | 1,511 | 1,424 | 1,339 | 1,331 | 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 | 987 | 927 |
Operating Income | 3,075 | 2,523 | 2,096 | 1,934 | 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 | 1,972 | 2,018 |
Interest Expense | -68 | -69 | -69 | -71 | -66 | -68 | -64 | -66 | -63 | -59 | -59 | -58 | -60 | -61 | -59 | -57 | -56 | -58 | -57 | -67 |
Interest & Investment Income | - | 101 | 96 | 104 | 98 | 123 | 105 | 158 | 122 | 118 | 114 | 77 | 59 | 45 | 90 | - | - | - | 3 | - |
Currency Exchange Gain (Loss) | - | - | - | - | - | - | - | - | - | - | - | 25 | 11 | 12 | -48 | 26 | 21 | 20 | - | 10 |
Other Non Operating Income (Expenses) | -100 | - | - | - | - | - | - | - | - | - | - | 8 | -4 | -2 | - | -5 | -11 | -22 | - | -3 |
EBT Excluding Unusual Items | 2,907 | 2,555 | 2,123 | 1,967 | 2,265 | 2,224 | 2,216 | 2,138 | 2,001 | 1,971 | 2,022 | 2,023 | 1,808 | 1,905 | 1,953 | 1,958 | 1,878 | 1,834 | 1,918 | 1,958 |
Merger & Restructuring Charges | - | - | -12 | -181 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 | -4 |
Impairment of Goodwill | - | - | - | -41 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | 670 | 470 | 522 | 298 | 98 | -97 | -243 | -41 | 23 | 281 | 149 | -2 | -128 | 8 | -9 | -17 | 30 | 3 | 52 |
Legal Settlements | - | - | -253 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pretax Income | 2,907 | 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 |
Income Tax Expense | 369 | 419 | 302 | 370 | 784 | 185 | 934 | 164 | 255 | 272 | 284 | 168 | 246 | 202 | 244 | 358 | 255 | 328 | 133 | 294 |
Net Income | 2,538 | 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 |
Net Income to Common | 2,538 | 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 |
Net Income Growth (YoY) | 42.66% | 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% |
Shares Outstanding (Basic) | 794 | 794 | 793 | 794 | 798 | 809 | 814 | 822 | 826 | 830 | 831 | 836 | 838 | 843 | 845 | 854 | 864 | 878 | 889 | 898 |
Shares Outstanding (Diluted) | 800 | 799 | 799 | 798 | 802 | 812 | 819 | 828 | 833 | 836 | 837 | 842 | 843 | 847 | 849 | 859 | 869 | 883 | 897 | 907 |
Shares Change (YoY) | -0.25% | -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% |
EPS (Basic) | 3.20 | 3.53 | 2.55 | 2.39 | 2.23 | 2.64 | 1.46 | 2.11 | 2.06 | 2.07 | 2.43 | 2.40 | 1.86 | 1.87 | 2.03 | 1.86 | 1.86 | 1.75 | 2.02 | 1.91 |
EPS (Diluted) | 3.17 | 3.51 | 2.54 | 2.38 | 2.22 | 2.63 | 1.45 | 2.10 | 2.05 | 2.06 | 2.41 | 2.38 | 1.85 | 1.86 | 2.02 | 1.85 | 1.85 | 1.74 | 2.00 | 1.88 |
EPS Growth (YoY) | 42.79% | 33.46% | 75.17% | 13.29% | 8.29% | 27.67% | -39.83% | -11.94% | 10.81% | 10.75% | 19.31% | 28.76% | 0% | 6.90% | 1.00% | -1.87% | -1.07% | 21.68% | 63.93% | 53.28% |
Additional Metrics
Fiscal Quarter | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | 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 |
Free Cash Flow | 2,330 | 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 |
Free Cash Flow Per Share | 2.91 | 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 |
Dividend 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 |
Dividend Growth (YoY) | - | 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% |
Gross Margin | 50.31% | 49.90% | 48.99% | 48.02% | 48.78% | 49.09% | 48.79% | 47.34% | 47.28% | 47.44% | 47.77% | 47.14% | 46.32% | 46.67% | 46.67% | 45.95% | 46.10% | 46.87% | 47.19% | 48.10% |
Operating Margin | 33.74% | 31.90% | 29.89% | 28.44% | 30.58% | 30.55% | 30.35% | 29.04% | 28.65% | 28.77% | 29.33% | 29.32% | 28.05% | 28.82% | 29.23% | 29.54% | 29.51% | 30.33% | 31.45% | 32.96% |
Profit Margin | 27.84% | 35.47% | 28.89% | 27.90% | 24.36% | 30.10% | 16.54% | 24.57% | 25.16% | 25.91% | 30.10% | 29.81% | 24.28% | 23.76% | 25.48% | 23.57% | 24.63% | 24.60% | 28.58% | 27.96% |
Free Cash Flow Margin | 25.56% | 2.66% | 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% |
EBITDA | 3,226 | 2,658 | 2,223 | 2,048 | 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 | 2,074 | 2,123 |
EBITDA Margin | 35.39% | 33.60% | 31.70% | 30.12% | 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% | 33.07% | 34.67% |
D&A For EBITDA | 151 | 135 | 127 | 114 | 113 | 103 | 105 | 110 | 95 | 96 | 91 | 130 | 136 | 129 | 120 | 123 | 108 | 111 | 102 | 105 |
EBIT | 3,075 | 2,523 | 2,096 | 1,934 | 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 | 1,972 | 2,018 |
EBIT Margin | 33.74% | 31.90% | 29.89% | 28.44% | 30.58% | 30.55% | 30.35% | 29.04% | 28.65% | 28.77% | 29.33% | 29.32% | 28.05% | 28.82% | 29.23% | 29.54% | 29.51% | 30.33% | 31.45% | 32.96% |
Effective Tax Rate | 12.69% | 12.99% | 12.97% | 16.32% | 30.59% | 7.97% | 44.08% | 8.65% | 13.01% | 13.64% | 12.33% | 7.74% | 13.62% | 11.37% | 12.44% | 18.37% | 13.70% | 17.60% | 6.91% | 14.66% |