AMAT
Applied Materials Inc
NASDAQ: AMAT · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$394.49
+3.11% today
Updated 2026-04-29
Market cap
$331.02B
P/E ratio
42.74
P/S ratio
11.73x
EPS (TTM)
$9.76
Dividend yield
0.46%
52W range
$143 – $421
Volume
6.5M
Applied Materials Inc (AMAT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.17B | $9.73B | $8.13B | $5.01B | $9.55B | $10.52B | $8.72B | $7.51B | $9.07B | $9.66B | $10.82B | $14.70B | $16.70B | $14.61B | $17.20B | $23.06B | $25.79B | $26.52B | $27.18B | $28.37B |
| Revenue growth (YoY) | — | +6.2% | -16.5% | -38.3% | +90.5% | +10.1% | -17.1% | -13.9% | +20.8% | +6.5% | +12.1% | +35.8% | +13.7% | -12.6% | +17.8% | +34.1% | +11.8% | +2.8% | +2.5% | +4.4% |
| Cost of revenue | $4.88B | $5.24B | $4.69B | $3.58B | $5.83B | $6.16B | $5.41B | $4.52B | $5.23B | $5.71B | $6.31B | $8.09B | $9.19B | $8.22B | $9.51B | $12.15B | $13.79B | $14.13B | $14.28B | $14.56B |
| Gross profit | $4.29B | $4.49B | $3.44B | $1.43B | $3.72B | $4.36B | $3.31B | $2.99B | $3.84B | $3.95B | $4.51B | $6.61B | $7.52B | $6.39B | $7.69B | $10.91B | $11.99B | $12.38B | $12.90B | $13.81B |
| Gross margin | 46.8% | 46.1% | 42.4% | 28.5% | 38.9% | 41.5% | 38.0% | 39.8% | 42.4% | 40.9% | 41.7% | 45.0% | 45.0% | 43.7% | 44.7% | 47.3% | 46.5% | 46.7% | 47.5% | 48.7% |
| R&D | $1.15B | $1.14B | $1.10B | $934.12M | $1.14B | $1.12B | $1.24B | $1.32B | $1.43B | $1.45B | $1.54B | $1.77B | $2.02B | $2.05B | $2.23B | $2.48B | $2.77B | $3.10B | $3.23B | $3.57B |
| SG&A | $468.35M | $501.19M | $505.76M | $406.95M | $535.82M | $469.00M | $595.00M | $465.00M | $467.00M | $469.00M | $390.00M | $434.00M | $481.00M | $461.00M | $567.00M | $620.00M | $735.00M | $852.00M | $961.00M | $910.00M |
| Operating income | $1.45B | $2.37B | $1.36B | $-393.62M | $1.38B | $2.40B | $1.09B | $432.00M | $1.52B | $1.69B | $2.15B | $3.94B | $4.49B | $3.35B | $4.37B | $6.89B | $7.79B | $7.65B | $7.87B | $8.29B |
| Operating margin | 15.8% | 24.4% | 16.7% | -7.9% | 14.5% | 22.8% | 12.5% | 5.8% | 16.8% | 17.5% | 19.9% | 26.8% | 26.9% | 22.9% | 25.4% | 29.9% | 30.2% | 28.9% | 28.9% | 29.2% |
| EBITDA | $1.93B | $2.75B | $1.75B | $-173.30M | $1.71B | $2.68B | $833.00M | $855.00M | $1.94B | $2.07B | $2.56B | $4.42B | $5.08B | $3.87B | $4.78B | $7.39B | $8.26B | $8.46B | $8.79B | $9.65B |
| EBITDA margin | 21.1% | 28.2% | 21.5% | -3.5% | 17.9% | 25.5% | 9.6% | 11.4% | 21.4% | 21.5% | 23.6% | 30.1% | 30.4% | 26.5% | 27.8% | 32.0% | 32.0% | 31.9% | 32.3% | 34.0% |
| EBIT | $1.66B | $2.48B | $1.43B | $-464.50M | $1.41B | $2.44B | $411.00M | $445.00M | $1.56B | $1.70B | $2.17B | $4.01B | $4.63B | $3.50B | $4.40B | $6.99B | $7.81B | $7.94B | $8.40B | $9.54B |
| Interest expense | $36.10M | $38.63M | $20.51M | $21.30M | $21.00M | $59.00M | $95.00M | $95.00M | $95.00M | $103.00M | $155.00M | $198.00M | $234.00M | $237.00M | $240.00M | $236.00M | $228.00M | $238.00M | $247.00M | $269.00M |
| Income tax | $650.31M | $729.46M | $447.97M | $-180.48M | $449.10M | $452.00M | $207.00M | $94.00M | $376.00M | $221.00M | $292.00M | $297.00M | $1.36B | $563.00M | $547.00M | $883.00M | $1.07B | $860.00M | $975.00M | $2.27B |
| Effective tax rate | 30.0% | 29.9% | 31.8% | 37.2% | 32.4% | 19.0% | 65.5% | 26.9% | 26.0% | 13.8% | 14.5% | 7.8% | 30.9% | 17.2% | 13.1% | 13.0% | 14.1% | 11.1% | 12.0% | 24.5% |
| Net income | $1.52B | $1.71B | $960.75M | $-305.33M | $937.87M | $1.93B | $109.00M | $256.00M | $1.07B | $1.38B | $1.72B | $3.52B | $3.04B | $2.71B | $3.62B | $5.89B | $6.53B | $6.86B | $7.18B | $7.00B |
| Net income growth (YoY) | — | +12.8% | -43.8% | -131.8% | +407.2% | +105.4% | -94.3% | +134.9% | +318.8% | +28.5% | +25.0% | +104.5% | -13.7% | -10.9% | +33.7% | +62.7% | +10.8% | +5.1% | +4.7% | -2.5% |
| Profit margin | 16.5% | 17.6% | 11.8% | -6.1% | 9.8% | 18.3% | 1.3% | 3.4% | 11.8% | 14.3% | 15.9% | 23.9% | 18.2% | 18.5% | 21.0% | 25.5% | 25.3% | 25.9% | 26.4% | 24.7% |