Operating Income
Applied Materials Operating Income increased by 37.8% to $2.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $2.17B to $2.52B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 4.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.58B | $2.01B | $2.01B | $1.98B | $1.89B | $1.92B | $1.99B | $1.97B | $1.91B | $1.80B | $1.97B | $1.97B | $1.91B | $1.94B | $2.05B | $2.18B | $2.17B | $2.23B | $1.71B | $1.83B | $2.52B |
| QoQ Change | — | +27.5% | +0.0% | -1.9% | -4.1% | +1.6% | +3.6% | -1.2% | -3.0% | -5.7% | +9.4% | -0.2% | -2.8% | +1.6% | +5.4% | +6.3% | -0.3% | +3.0% | -23.3% | +7.0% | +37.8% |
| YoY Change | — | — | — | — | +19.9% | -4.4% | -1.0% | -0.3% | +0.9% | -6.3% | -1.2% | -0.2% | +0.1% | +7.8% | +3.8% | +10.6% | +13.4% | +15.0% | -16.3% | -15.8% | +16.3% |
Business Segments — Semiconductor Systems
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|---|---|---|
| Semiconductor Systems | $1.86B | $1.72B | $1.57B | $1.74B | $1.74B | $1.70B | $1.71B | $1.82B |
| Applied Global Services | $345.00M | $384.00M | $399.00M | $401.00M | $417.00M | $436.00M | $467.00M | $492.00M |
| Display and Adjacent Markets | $3.00M | $16.00M | $32.00M | $82.00M | $25.00M | $5.00M | $16.00M | — |
| Total | $1.97B | $1.91B | $1.80B | $1.97B | $1.97B | $1.91B | $1.94B | $2.05B |
Display and Adjacent Markets was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Display
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|
| Display | $60.75M | $28.50M | $28.50M | $28.50M | $14.00M | $68.00M | $62.00M |
| Total | $1.99B | $1.97B | $1.91B | $1.80B | $2.18B | $2.17B | $2.23B |
Display was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Applied Materials's operating income?
- Applied Materials (AMAT) reported operating income of $2.52B in Q1 2026.
- How has Applied Materials's operating income changed year-over-year?
- Applied Materials's operating income increased by 16.3% year-over-year, from $2.17B to $2.52B.
- What is the long-term trend for Applied Materials's operating income?
- Over 4 years (2021 to 2025), Applied Materials's operating income has grown at a 4.7% compound annual growth rate (CAGR), from $6.89B to $8.29B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.