Applied Materials, Inc. financials

Key figures from Applied Materials, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJul 2026Jul 2025Change
Revenue$9.1B$7.3B+24.8%
Net income$2.5B$1.8B+42.7%
Free cash flow$2.3B$2.0B+13.7%
Gross margin50.3%48.8%+1.5 pts
Operating margin33.7%30.6%+3.2 pts
Net margin27.8%24.4%+3.5 pts

Quarterly trend

Revenue by quarter
$6.7BOct 2023*$6.7BJan 2024$6.6BApr 2024$6.8BJul 2024$7.0BOct 2024*$7.2BJan 2025$7.1BApr 2025$7.3BJul 2025$6.8BOct 2025*$7.0BJan 2026$7.9BApr 2026$9.1BJul 2026
Net income by quarter
$2.0BOct 2023*$2.0BJan 2024$1.7BApr 2024$1.7BJul 2024$1.7BOct 2024*$1.2BJan 2025$2.1BApr 2025$1.8BJul 2025$1.9BOct 2025*$2.0BJan 2026$2.8BApr 2026$2.5BJul 2026
Free cash flow by quarter
$1.2BOct 2023*$2.1BJan 2024$1.1BApr 2024$2.1BJul 2024$2.2BOct 2024*$544MJan 2025$1.1BApr 2025$2.0BJul 2025$2.0BOct 2025*$1.0BJan 2026$210MApr 2026$2.3BJul 2026
Margins by quarter
11%33%55%Oct 2023*Jan 2024Apr 2024Jul 2024Oct 2024*Jan 2025Apr 2025Jul 2025Oct 2025*Jan 2026Apr 2026Jul 202647.1%47.8%47.4%47.3%47.3%48.8%49.1%48.8%48.0%49.0%49.9%50.3%29.3%29.3%28.8%28.7%29.0%30.4%30.5%30.6%25.2%26.1%31.9%33.7%29.8%30.1%25.9%25.2%24.6%16.5%30.1%24.4%27.9%28.9%35.5%27.8%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Oct 2025$28.4B$7.0B24.7%$5.7B$8.66
FY Oct 2024$27.2B$7.2B26.4%$7.5B$8.61
FY Oct 2023$26.5B$6.9B25.9%$7.6B$8.11
FY Oct 2022$25.8B$6.5B25.3%$4.6B$7.44
FY Oct 2021$23.1B$5.9B25.5%$4.8B$6.40

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.