Applied Materials, Inc.

AMAT Technology Semiconductor Equipment & Materials

Applied Materials, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $28.4 billion, up 4.39% from fiscal 2024.

Revenue
+24.8%
EPS
+43.5%
Free cash flow
+13.7%
Total debt
+4.50%

Quarter to July 2026, against a year earlier

331.61 12.36 +3.87%
Market cap
$253.4B
P/E
28.4×
Fwd P/E
12.4×
Dividend yield
0.00%
F-score
6/9
Altman Z
11.17
Beneish M
−2.57
Dividend safety
96/100

Applied Materials, Inc. (AMAT) Gross margin

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Applied Materials, Inc.'s gross margin over the twelve months to 31 July 2026 was 49.4%, up 0.7 percentage points from fiscal 2025 (48.7%). Over the past ten years it has ranged from 40.9% (fiscal 2015) to 48.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Semiconductor Equipment & Materials industry median of 46.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 48.7% 1.21
FY2024 47.5% 0.76
FY2023 46.7% 0.19
FY2022 46.5% (0.81)
FY2021 47.3% 2.60
FY2020 44.7% 1.00
FY2019 43.7% (1.28)
FY2018 45.0% 0.01
FY2017 45.0% 3.32
FY2016 41.7% 0.75

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 50.3% 0.41
Apr 2026 49.9% 0.91
Jan 2026 49.0% 0.98
Oct 2025 48.0% (0.77)
43 more quarters

Against its own ten years

Low 40.9% High 48.7%
Ten-year median 45.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
KLAC KLA Corporation compare 61.5%
TER Teradyne, Inc. compare 59.3%
NVMI Nova Ltd. compare 57.1%
ASML ASML Holding N.V. compare 54.4%
LRCX Lam Research Corporation compare 51.1%
ONTO Onto Innovation Inc. compare 50.4%
AMAT Applied Materials, Inc. 49.4%
ENTG Entegris, Inc. compare 47.1%
Q Qnity Electronics, Inc. compare 46.9%
Semiconductor Equipment & Materials industry median 46.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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