Applied Materials, Inc. (AMAT)
NASDAQ: AMAT · Real-Time Price · USD
456.49
+2.48 (0.55%)
At close: Sep 11, 2026, 4:00 PM EDT
456.95
+0.46 (0.10%)
After-hours: Sep 11, 2026, 7:58 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 |
| 30,837 | 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 | |
Revenue Growth (YoY) | 7.77% | 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% |
Cost of Revenue | 15,604 | 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 |
Gross Profit | 15,233 | 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 |
Selling, General & Admin | 1,633 | 1,650 | 1,676 | 1,727 | 1,744 | 1,743 | 1,776 | 1,797 | 1,775 | 1,755 | 1,707 | 1,628 | 1,600 | 1,570 | 1,509 | 1,438 | 1,362 | 1,295 | 1,233 | 1,229 |
Research & Development | 3,972 | 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 |
Operating Expenses | 5,605 | 5,423 | 5,315 | 5,297 | 5,255 | 5,189 | 5,114 | 5,030 | 4,939 | 4,850 | 4,792 | 4,730 | 4,639 | 4,547 | 4,397 | 4,209 | 4,029 | 3,897 | 3,766 | 3,714 |
Operating Income | 9,628 | 8,786 | 8,432 | 8,511 | 8,623 | 8,332 | 8,075 | 7,867 | 7,792 | 7,652 | 7,651 | 7,654 | 7,677 | 7,799 | 7,782 | 7,784 | 7,808 | 7,901 | 7,758 | 7,200 |
Interest Expense | -277 | -275 | -274 | -269 | -264 | -261 | -252 | -247 | -239 | -236 | -238 | -238 | -237 | -233 | -230 | -228 | -238 | -230 | -239 | -236 |
Interest & Investment Income | 414 | 399 | 421 | 430 | 484 | 508 | 503 | 512 | 431 | 368 | 297 | 273 | 196 | 137 | 87 | 32 | - | - | - | - |
Currency Exchange Gain (Loss) | - | - | - | - | - | - | - | - | 25 | 36 | 48 | - | 1 | 11 | 19 | - | 51 | 33 | 29 | 29 |
Other Non Operating Income (Expenses) | - | - | - | - | - | - | - | - | 8 | 4 | - | - | -13 | -20 | -35 | - | -33 | -29 | -10 | -10 |
EBT Excluding Unusual Items | 9,765 | 8,910 | 8,579 | 8,672 | 8,843 | 8,579 | 8,326 | 8,132 | 8,017 | 7,824 | 7,758 | 7,689 | 7,624 | 7,694 | 7,623 | 7,588 | 7,588 | 7,675 | 7,538 | 6,983 |
Merger & Restructuring Charges | -193 | -193 | -193 | -181 | - | - | - | - | - | - | - | - | - | - | - | 4 | - | -4 | -22 | -157 |
Impairment of Goodwill | -41 | -41 | -41 | -41 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | 1,449 | 1,960 | 1,388 | 821 | 56 | -283 | -358 | 20 | 412 | 451 | 300 | 27 | -131 | -146 | 12 | 7 | 68 | 104 | 94 | 99 |
Legal Settlements | -253 | -253 | -253 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -154 | -154 |
Pretax Income | 10,727 | 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 |
Income Tax Expense | 1,460 | 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 |
Net Income | 9,267 | 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 |
Net Income to Common | 9,267 | 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 |
Net Income Growth (YoY) | 35.64% | 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% |
Shares Outstanding (Basic) | 794 | 796 | 799 | 804 | 811 | 817 | 823 | 827 | 830 | 834 | 837 | 840 | 845 | 852 | 860 | 871 | 882 | 893 | 904 | 910 |
Shares Outstanding (Diluted) | 799 | 800 | 803 | 808 | 816 | 823 | 830 | 834 | 837 | 840 | 842 | 845 | 849 | 856 | 865 | 877 | 889 | 901 | 912 | 919 |
Shares Change (YoY) | -2.08% | -2.79% | -3.19% | -3.12% | -2.48% | -1.97% | -1.49% | -1.30% | -1.47% | -1.93% | -2.66% | -3.65% | -4.47% | -4.99% | -5.15% | -4.57% | -3.60% | -2.44% | -1.14% | -0.43% |
EPS (Basic) | 11.67 | 10.70 | 9.81 | 8.70 | 8.43 | 8.27 | 7.71 | 8.68 | 8.97 | 8.76 | 8.56 | 8.16 | 7.63 | 7.62 | 7.50 | 7.49 | 7.53 | 7.57 | 7.25 | 6.47 |
EPS (Diluted) | 11.59 | 10.63 | 9.76 | 8.66 | 8.38 | 8.22 | 7.66 | 8.61 | 8.90 | 8.70 | 8.50 | 8.11 | 7.58 | 7.58 | 7.45 | 7.44 | 7.48 | 7.49 | 7.18 | 6.40 |
EPS Growth (YoY) | 38.35% | 29.36% | 27.50% | 0.58% | -5.88% | -5.53% | -9.90% | 6.17% | 17.47% | 14.82% | 14.04% | 9.01% | 1.39% | 1.19% | 3.80% | 16.25% | 29.97% | 55.94% | 71.71% | 63.27% |
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 | 5,623 | 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 |
Free Cash Flow Per Share | 7.04 | 6.68 | 7.71 | 7.05 | 7.14 | 7.12 | 7.16 | 8.98 | 7.85 | 8.11 | 9.15 | 8.99 | 8.22 | 6.91 | 4.72 | 5.26 | 5.53 | 5.78 | 6.57 | 5.20 |
Dividend Per Share | 1.980 | 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 |
Dividend Growth (YoY) | 15.12% | 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% |
Gross Margin | 49.40% | 48.96% | 48.72% | 48.68% | 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% |
Operating Margin | 31.22% | 30.27% | 29.89% | 30.00% | 30.14% | 29.66% | 29.22% | 28.95% | 29.02% | 28.87% | 28.89% | 28.87% | 28.92% | 29.28% | 29.64% | 30.19% | 31.04% | 31.81% | 32.09% | 31.22% |
Profit Margin | 30.05% | 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% | 25.30% | 26.42% | 27.20% | 27.10% | 25.53% |
Free Cash Flow Margin | 18.23% | 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% |
EBITDA | 10,155 | 9,275 | 8,889 | 8,946 | 9,054 | 8,745 | 8,481 | 8,259 | 8,204 | 8,105 | 8,137 | 8,169 | 8,185 | 8,279 | 8,244 | 8,228 | 8,234 | 8,317 | 8,160 | 7,594 |
EBITDA Margin | 32.93% | 31.96% | 31.51% | 31.54% | 31.64% | 31.13% | 30.69% | 30.39% | 30.55% | 30.58% | 30.72% | 30.81% | 30.84% | 31.08% | 31.40% | 31.91% | 32.73% | 33.49% | 33.76% | 32.93% |
D&A For EBITDA | 527 | 489 | 457 | 435 | 431 | 413 | 406 | 392 | 412 | 453 | 486 | 515 | 508 | 480 | 462 | 444 | 426 | 416 | 402 | 394 |
EBIT | 9,628 | 8,786 | 8,432 | 8,511 | 8,623 | 8,332 | 8,075 | 7,867 | 7,792 | 7,652 | 7,651 | 7,654 | 7,677 | 7,799 | 7,782 | 7,784 | 7,808 | 7,901 | 7,758 | 7,200 |
EBIT Margin | 31.22% | 30.27% | 29.89% | 30.00% | 30.14% | 29.66% | 29.22% | 28.95% | 29.02% | 28.87% | 28.89% | 28.87% | 28.92% | 29.28% | 29.64% | 30.19% | 31.04% | 31.81% | 32.09% | 31.22% |
Effective Tax Rate | 13.61% | 18.06% | 17.31% | 24.52% | 23.23% | 18.54% | 20.39% | 11.96% | 11.62% | 11.72% | 11.17% | 11.15% | 14.01% | 14.03% | 15.52% | 14.13% | 13.19% | 13.11% | 12.15% | 13.04% |