Skip to content

Applied Materials AMAT Q3 2024 earnings

Reported August 15, 2024 · After market close

Revenue estimate$6.7B
EPS estimate$2.02

Next report

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

Financials

Q3 2024

Income statement

See full
Revenue$6.8B+5.5%
Gross profit$3.2B+7.7%
Operating income$1.9B+7.8%
Net income$1.7B+9.3%
EPS (diluted)$2.05+10.8%

Balance sheet

See full
Cash & equivalents$1.3B-5.7%
Total debt$6.7B+9.4%
Total equity$18.8B+24.8%
Total assets$33.6B+10.6%

Cash flow

See full
Operating cash flow$2.4B-7.7%
CapEx$297.0M+16.5%
Free cash flow$2.1B-10.3%

Valuation & ratios

Valuation

as of 07/28/24
See full
Market cap$175.7B+38.0%
Enterprise value$181.05B+37.2%
P/E23.6×+3.8×
P/S6.5×+1.7×

Profitability

See full
Gross margin47.4%+1.0pp
Operating margin29%+0.1pp
Net margin27.7%+3.5pp
FCF margin24.4%-1.9pp

Returns & leverage

See full
Return on equity43.9%-3.5pp
Debt / equity0.4×0.0×
Current ratio2.9×+0.6×

Versus estimates

Ask the moment Applied Materials reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Applied Materials report Q3 2024 earnings?
Applied Materials (AMAT) reported Q3 2024 earnings on August 15, 2024 after market close.
What were Applied Materials's Q3 2024 revenue and EPS?
Applied Materials reported revenue of $6.8B and diluted EPS of $2.12 for Q3 2024.
Did Applied Materials beat estimates in Q3 2024?
Revenue beat the consensus estimate of $6.7B by $101.2M. EPS beat the consensus estimate of $2.02 by $0.10.
Where can I find Applied Materials's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000006951-24-000032) directly on SEC EDGAR. The filing index links above go to sec.gov.