83/100B369.42
USD
-12.36
(-3.24%)
Post Trading·365.00USD-4.42(-1.20%)
Last updated: · Delayed 15 min
Fair value473.28Plus-22%355Price 369.42592
Q4 FY2026 · Earnings report
EPS estimate 4.06Revenue estimate 10.30B
Q4 FY2026 · Earnings report
EPS estimate 4.06Revenue estimate 10.30B
Applied Materials financials
Yes. Applied Materials earned 9.27B USD of net income over the last twelve months, 30.1% of its revenue. It made a profit in 39 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2009.
- Revenue (TTM)
- 30.84B USD
- Net income (TTM)
- 9.27B USD
- Free cash flow (TTM)
- 5.62B USD
- Cash and short-term investments
- 9.23B USD
- Total debt
- 7.35B USD
- Shareholders' equity
- 25.63B USD
Cash, debt and equity as of 26 Jul 2026.
Applied Materials earnings
Next earnings · Q4 FY2026
EPS estimate
4.06 USD
Revenue estimate
10.30B USD
Last quarter · Q3 FY2026
EPS3.50Beat +2.9%Revenue9.12BBeat +1.3%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 4.88 | — | — | +39.43% | 12.03B | — | — | +31.93% | |
| Q2 FY2027 | 4.54 | — | — | +58.75% | 11.39B | — | — | +44.01% | |
| Q1 FY2027 | 4.23 | — | — | +77.88% | 10.83B | — | — | +54.50% | |
| Q4 FY2026 | 4.06 | — | — | +87.10% | 10.30B | — | — | +51.47% | |
| Q3 FY2026 | 3.40 | 3.50 | +2.94% | +41.13% | 8.99B | 9.12B | +1.33% | +24.83% | |
| Q2 FY2026 | 2.68 | 2.86 | +6.72% | +19.67% | 7.68B | 7.91B | +2.95% | +11.41% | |
| Q1 FY2026 | 2.21 | 2.38 | +7.69% | 0.00% | 6.87B | 7.01B | +2.06% | -2.15% | |
| Q4 FY2025 | 2.11 | 2.17 | +2.84% | -6.47% | 6.68B | 6.80B | +1.74% | -3.48% | |
| Q3 FY2025 | 2.36 | 2.48 | +5.08% | +16.98% | 7.22B | 7.30B | +1.11% | +7.73% | |
| Q2 FY2025 | 2.31 | 2.39 | +3.46% | +14.35% | 7.13B | 7.10B | -0.40% | +6.83% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 24.64 | — | — | +31.25% | 57.18B | — | — | +22.03% |
| FY2027 | 18.77 | — | — | +46.46% | 46.86B | — | — | +36.51% |
| FY2026 | 12.82 | — | — | +36.05% | 34.33B | — | — | +21.01% |
| FY2025 | 9.37 | 9.42 | +0.53% | +8.78% | 28.26B | 28.37B | +0.37% | +4.39% |
| FY2024 | 7.71 | 8.66 | +12.33% | +7.58% | 27.64B | 27.18B | -1.66% | +2.49% |
| FY2023 | 7.92 | 8.05 | +1.62% | +4.41% | 26.32B | 26.52B | +0.75% | +2.84% |
| FY2022 | 7.43 | 7.71 | +3.74% | +12.39% | 25.49B | 25.79B | +1.15% | +11.80% |
Applied Materials growth and profitability
Full income statement- Revenue (TTM)
- 30.84B USD
- Net income (TTM)
- 9.27B USD
- Gross margin
- 49.40%
- Operating margin
- 30.50%
- Net margin
- 30.05%
Revenue / Net income
Revenue Net income Net margin
How Applied Materials makes its money
Semiconductor Systems20.80B 73.3%
Applied Global Services6.39B 22.5%
Corporate And Reconciling Items1.19B 4.2%
Revenue28.37B 100.0%
Cost of revenue14.56B 51.3%
Gross profit13.81B 48.7%
Research and development3.57B 12.6%
Selling and administration1.77B 6.2%
Other operating expenses181.00M 0.6%
Operating income8.29B 29.2%
Tax2.27B 8.0%
Net income7.00B 24.7%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Applied Materials revenue breakdown
By product
FY2025
73.3%Semiconductor Systems22.5%Applied Global Services4.2%Corporate And Reconciling Items
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Semiconductor Systems | 20.80B | 73.3% | +4.5% |
| Applied Global Services | 6.39B | 22.5% | +2.6% |
| Corporate And Reconciling Items | 1.19B | 4.2% | — |
By region
FY2025
30.1%CHINA24.2%TAIWAN, PROVINCE OF CHINA19.8%KOREA, REPUBLIC OF10.8%UNITED STATES8.0%JAPAN3.8%Southeast Asia3.4%Europe
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| CHINA | 8.53B | 30.1% | -15.7% |
| TAIWAN, PROVINCE OF CHINA | 6.86B | 24.2% | +71.0% |
| KOREA, REPUBLIC OF | 5.61B | 19.8% | +24.8% |
| UNITED STATES | 3.06B | 10.8% | -19.8% |
| JAPAN | 2.27B | 8.0% | +5.5% |
| Southeast Asia | 1.08B | 3.8% | -5.7% |
| Europe | 962.00M | 3.4% | -33.3% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Applied Materials financial health
Full balance sheet- Cash and short-term investments
- 9.23B USD
- Total debt
- 7.35B USD
- Net cash
- 1.89B USD
- Free cash flow (TTM)
- 5.62B USD
- Current ratio
- 2.42
- Debt to equity
- 0.29
- Piotroski score
- 6 / 9
- Altman Z-score
- 13.89
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Applied Materials valuation
- Price to earnings ratio (TTM)
- 31.66
- Forward P/E (FY2027)
- 19.68
- Price to sales (TTM)
- 9.51
- Price to book
- 11.44
- EV / EBITDA (TTM)
- 25.27
Capital structure
Market capitalization
293.17B USD
+
Total debt
7.35B USD
−
Cash and short-term investments
9.23B USD
=
Enterprise value
291.28B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Applied Materials against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Lam Research, Texas Instruments, Intel, Analog Devices, KLA, and QUALCOMM, the US Semiconductors companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median31.79.967.7
- Gross marginHighest in 5 years48.7%46.5%48.7%Against its peers: 6 of 7Peers' median 56.2%
- Operating marginAt its median29.2%28.9%30.2%Against its peers: 4 of 7Peers' median 31.0%
- Net marginLowest in 5 years24.7%24.7%26.4%Against its peers: 4 of 7Peers' median 24.4%
- Return on equityLowest in 5 years34.3%34.3%53.5%Against its peers: 3 of 7Peers' median 28.4%
- Free cash flow marginBelow its median20.1%17.9%28.6%Against its peers: 5 of 7Peers' median 24.4%
- Revenue growthAt its median4.4%2.5%34.1%Against its peers: 6 of 7Peers' median 13.4%
- EPS growthLowest in 5 years0.6%0.6%63.3%Against its peers: 5 of 6Peers' median 20.5%
- Debt to EBITDABelow its median0.71×0.71×0.78×Against its peers: 2 of 7Peers' median 1.41×
- Current ratioHighest in 5 years2.612.162.61Against its peers: 5 of 7Peers' median 2.72
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Applied Materials dividends
- Annual dividend
- 2.12 USD
- Dividend yield (indicated)
- 0.57%
- Payout ratio
- 21.51%
- Years of dividend growth
- 9
- Frequency
- Quarterly
- Last payment
- 0.53 USD
- Last ex-dividend date
- 19 Nov 2026
- Last payment date
- 10 Dec 2026
Dividends per share
Applied Materials ownership
- Institutions
- 84.27%
- Institutional holders
- 3,652 (+580)
- Free float
- 99.61%
InstitutionsOthers
As of 30 Jun 2026
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 0 | 2 | 279.00 | 8.63K |
| Q2 2026 | 0 | 34 | 0.00 | 315.36K |
| Q1 2026 | 0 | 5 | 6.67K | 14.22K |
| Q4 2025 | 0 | 3 | 513.07K | 402.64K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Applied Materials's financials
Source: Financial Modeling Prep