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Friday 6 November 2026 Export AMAT’s income statement to Excel — free account

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

334.00 14.75 +4.62%
Market cap
$253.4B
P/E
27.7×
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Applied Materials, Inc. (AMAT) Operating margin

Alert me on Operating margin

Applied Materials, Inc.'s operating margin over the twelve months to 31 July 2026 was 29.6%, up 0.4 percentage points from fiscal 2025 (29.2%). Over the past ten years it has ranged from 17.5% (fiscal 2015) to 30.2% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Semiconductor Equipment & Materials industry median of 12.0% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 29.2% 0.27
FY2024 29.0% 0.09
FY2023 28.9% (1.34)
FY2022 30.2% 0.33
FY2021 29.9% 4.50
FY2020 25.4% 2.44
FY2019 22.9% (3.95)
FY2018 26.9% 0.10
FY2017 26.8% 6.90
FY2016 19.9% 2.35

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 33.7% 1.84
Apr 2026 31.9% 5.79
Jan 2026 26.1% 0.93
Oct 2025 25.2% (5.40)
43 more quarters

Against its own ten years

Low 17.5% High 30.2%
Ten-year median 26.9%
Current reading's percentile 84

Operating margin against peers

Company Operating margin
KLAC KLA Corporation compare 42.6%
ASML ASML Holding N.V. compare 38.6%
LRCX Lam Research Corporation compare 37.0%
TER Teradyne, Inc. compare 32.1%
AMAT Applied Materials, Inc. 29.6%
NVMI Nova Ltd. compare 29.0%
Q Qnity Electronics, Inc. compare 20.0%
ENTG Entegris, Inc. compare 18.2%
ONTO Onto Innovation Inc. compare 12.0%
Semiconductor Equipment & Materials industry median 12.0%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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