Tuesday 27 October 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. 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.

395.07 7.48 +1.93%

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Market cap: $307.6B
P/E: 33.3×
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 Segments Filings

Applied Materials, Inc. (AMAT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Semiconductor Systems	20,798	73.32%
Applied Global Services	6,385	22.51%
Other, not broken out	1,185	4.18%
Gross margin		48.67%
Operating margin		29.22%
Pre-tax margin		32.68%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Semiconductor Systems	20,798 73.32%	19,911 73.27%	19,698 74.28%	18,797 72.90%	16,286 70.62%	11,367 66.08%	9,027 61.79%	10,577 63.32%	9,544 64.93%	6,873 63.49%	6,135 63.52%	5,978 65.90%	4,775 63.59%	5,536 63.49%	5,415 51.49%	5,304 55.55%	1,960 39.09%
Applied Global Services	6,385 22.51%	6,225 22.91%	5,732 21.62%	5,543 21.50%	5,013 21.74%	4,155 24.15%	3,854 26.38%	3,754 22.47%	3,014 20.51%	2,589 23.92%	2,447 25.33%	2,114 23.30%	2,023 26.94%	2,285 26.21%	2,413 22.94%	1,865 19.53%	1,397 27.86%
Display	—	—	—	1,331 5.16%	1,634 7.08%	1,607 9.34%	1,651 11.30%	2,298 13.76%	2,042 13.89%	1,206 11.14%	944 9.77%	848 9.35%	538 7.16%	473 5.42%	699 6.65%	899 9.41%	502 10.01%
Corporate and Other	—	—	—	—	—	—	—	—	—	—	—	132 1.46%	—	—	—	—	—
Energy And Environmental Solutions	—	—	—	—	—	—	—	—	—	—	—	—	173 2.30%	425 4.87%	1,990 18.92%	1,481 15.51%	1,155 23.04%
Other, not broken out	1,185 4.18%	1,040 3.83%	1,087 4.10%	—	130 0.56%	—	76 0.52%	—	98 0.67%	157 1.45%	133 1.38%	—	—	—	—	—	—
Operating Segments	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	9,549	5,014
Total	—	—	—	—	—	—	—	—	—	—	—	—	7,509	—	—	—	—
Revenue	28,368	27,176	26,517	25,785	23,063	17,202	14,608	16,705	14,698	10,825	9,659	9,072	7,509	8,719	10,517	9,549	5,014

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Semiconductor Systems	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Applied Global Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Display	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Energy And Environmental Solutions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
China	8,529 30.07%	10,117 37.23%	7,247 27.33%	7,254 28.13%	7,535 32.67%	5,456 31.72%	4,277 29.28%	5,047 30.21%	2,758 18.76%	2,259 20.87%	1,623 16.80%	1,608 17.72%	787 10.48%	783 8.98%	2,574 24.47%	1,557 16.31%	635 12.66%
Taiwan	6,857 24.17%	4,010 14.76%	5,670 21.38%	6,262 24.29%	4,742 20.56%	3,953 22.98%	2,965 20.30%	2,504 14.99%	3,369 22.92%	2,843 26.26%	2,600 26.92%	2,702 29.78%	2,640 35.16%	2,411 27.65%	2,093 19.90%	2,750 28.80%	1,026 20.46%
Korea	5,608 19.77%	4,493 16.53%	4,609 17.38%	4,395 17.04%	5,012 21.73%	3,031 17.62%	1,929 13.21%	3,539 21.19%	4,087 27.81%	1,883 17.39%	1,654 17.12%	965 10.64%	924 12.31%	1,897 21.76%	1,263 12.01%	1,768 18.52%	664 13.24%
United States	3,063 10.80%	3,818 14.05%	4,006 15.11%	3,104 12.04%	2,038 8.84%	1,619 9.41%	1,871 12.81%	1,413 8.46%	1,512 10.29%	1,143 10.56%	1,630 16.88%	1,966 21.67%	1,473 19.62%	1,749 20.06%	1,963 18.67%	1,147 12.01%	966 19.27%
Japan	2,273 8.01%	2,154 7.93%	2,075 7.83%	2,012 7.80%	1,962 8.51%	1,996 11.60%	2,198 15.05%	2,396 14.34%	1,519 10.33%	1,279 11.82%	1,078 11.16%	817 9.01%	685 9.12%	704 8.07%	912 8.67%	768 8.04%	718 14.32%
Southeast Asia	1,076 3.79%	1,141 4.20%	758 2.86%	1,084 4.20%	677 2.94%	411 2.39%	548 3.75%	797 4.77%	625 4.25%	803 7.42%	432 4.47%	356 3.92%	320 4.26%	312 3.58%	592 5.63%	578 6.05%	252 5.03%
Europe	962 3.39%	1,443 5.31%	2,152 8.12%	1,674 6.49%	1,097 4.76%	736 4.28%	820 5.61%	1,009 6.04%	828 5.63%	615 5.68%	642 6.65%	658 7.25%	680 9.06%	863 9.90%	1,120 10.65%	981 10.27%	753 15.02%
Outside North America	25,305	23,358	22,511	22,681	21,025	15,583	12,737	15,292	13,186	9,682	8,029	7,106	6,036	6,970	8,554	8,402	4,048
Revenue	28,368	27,176	26,517	25,785	23,063	17,202	14,608	16,705	14,698	10,825	9,659	9,072	7,509	8,719	10,517	9,549	5,014

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Regular Full Time	Q3 FY2026	38.9K	36.1K	+7.76%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q1 FY2024	Q4 FY2023
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.