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Applied Materials

AMAT

Applied Materials is the global leader in materials engineering solutions used to produce virtually every new semiconductor chip and advanced display in the world.

Market cap
$467.37B+194%
Revenue$29.0B+3.3%
Net income$8.5B+25.9%
Free cash flow$5.3B-8.8%
EPS (diluted)$10.64+29.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
Revenue estimate$9.0B
EPS estimate$3.35

Financials

Q2 2026

Income statement

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Revenue$7.9B+11.4%
Gross profit$3.9B+13.3%
Operating income$2.5B+16.3%
Net income$2.8B+31.3%
EPS (diluted)$3.51+33.5%

Balance sheet

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Cash & equivalents$1.5B+4.0%
Total debt$7.3B+9.0%
Total equity$23.9B+26.1%
Total assets$40.3B+19.8%

Cash flow

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Operating cash flow$845.0M-46.2%
CapEx$635.0M+24.5%
Free cash flow$210.0M-80.2%

Valuation & ratios

Valuation

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Market cap$467.37B+194%
Enterprise value$473.14B+199%
P/E54.9×+32.3×
P/S16.1×+10.7×

Profitability

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Gross margin49%+0.8pp
Operating margin28.6%-1.1pp
Net margin29.3%+5.3pp
FCF margin18.4%-2.5pp

Returns & leverage

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Return on equity39.7%+3.3pp
Debt / equity0.3×0.0×
Current ratio2.5×0.0×

Segments

By segment

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Semiconductor Systems$6.0B+10.4%
Applied Global Services$1.7B+17.3%

By geography

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Europe$347.0M+37.7%
Southeast Asia$185.0M+37.0%

Competitors

Profile

Applied Materials is the global leader in materials engineering solutions used to produce virtually every new semiconductor chip and advanced display in the world. The company specializes in the design, manufacturing, and servicing of critical wafer fabrication equipment that enables the production of complex integrated circuits. Its technology is foundational to major global inflections including artificial intelligence, the internet of things, and autonomous vehicles.

Competitive position

Applied Materials is the industry leader in materials engineering with the most comprehensive portfolio of semiconductor capital equipment, enabling it to co-optimize technologies across the entire chip-making process.

GeographiesUnited States, China, Taiwan, South Korea, Japan, Singapore, Israel, Europe
Customer segmentsSemiconductor foundries, Memory chip manufacturers, Consumer electronics manufacturers, Automotive technology providers
Business modelHardware manufacturing, Professional services, Subscription services, Software licensing
SuppliersContract manufacturers, Specialized component suppliers, Raw material providers, Subassembly manufacturers
CustomersIntegrated Device Manufacturers (IDMs), Foundries, Memory manufacturers, Display panel makers
Listed1972
Employees34.0K
CEOGary E. Dickerson
FilingsSEC EDGAR

Questions, answered.

What is Applied Materials's market cap?
Applied Materials (AMAT) has a market capitalization of $467.37B and trades on NASDAQ.
What is Applied Materials's revenue and profitability?
Applied Materials generated $29.0B in trailing twelve-month revenue with net income of $8.5B, representing a net margin of 29.3%. Gross margin stands at 49.0%, with free cash flow of $5.3B. These figures are based on the Q2 2026 filing.
Who are Applied Materials's competitors?
Applied Materials's key competitors include KLA Corporation, ASML Holding, Lam Research, and others. These companies compete in similar markets and product categories.
Who does Applied Materials partner with?
Applied Materials's notable partners include Responsible Business Alliance, SEMI.
What subsidiaries does Applied Materials have?
Applied Materials's subsidiaries include Applied Ventures, LLC.
Where is Applied Materials headquartered?
Applied Materials is headquartered in United States of America and employs approximately 34,000 people. It has been publicly traded since 1972.