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. In the quarter to July 2026, revenue grew 24.8%, EPS grew 43.5%, free cash flow grew 13.7% and total debt rose 4.50%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for five.

409.29 20.72 −4.82%
Market cap
$341.3B
P/E
35.1×
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) 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 10.3% and above the Technology sector median of 0.00%.

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 41.7%
ASML ASML Holding N.V. compare 38.6%
LRCX Lam Research Corporation compare 35.3%
TER Teradyne, Inc. compare 30.2%
AMAT Applied Materials, Inc. 29.6%
Q Qnity Electronics, Inc. compare 19.9%
ENTG Entegris, Inc. compare 16.1%
ONTO Onto Innovation Inc. compare 12.0%
AMKR Amkor Technology, Inc. compare 8.64%
Semiconductor Equipment & Materials industry median 10.3%
Technology sector median 0.00%
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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