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Applied Materials AMAT Applied Global Services — Operating margin

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Other financials

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

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Market cap$424.16B+197%
Enterprise value$429.94B+190%
P/E49.9×+28.9×
P/S14.6×+9.6×

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×

Where this comes from

Reported directly by Applied Materials in its filing.

Tagged under the XBRL concept amat:OperatingIncomeLossPercentage.

The source filing: Applied Materials’s 10-Q, filed May 21, 2026.

Filed
May 21, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-037227
Six Months Ended April 26, 2026Semiconductor Systems / (In millions, except percentages)Applied Global Services / (In millions, except percentages)Other / (In millions, except percentages)Total
Research, development and engineering1,663382541,955
Selling, general and administrative62315134808
Legal settlement253253
Restructuring charges1212
Operating income (loss)$3,519$925$(90)$4,354
Operating margin31.7%28.7%29.2%
Depreciation and amortization$182$30$50$262
Capital expenditures$196$24$1,061$1,281

Item 1. Financial Statements (Unaudited)

FAQ

What is Applied Materials's applied global services — operating margin?
Applied Materials (AMAT) reported applied global services — operating margin of 29.2% in Q1 2026.
How has Applied Materials's applied global services — operating margin changed year-over-year?
Applied Materials's applied global services — operating margin increased by 9.8% year-over-year, from 26.6% to 29.2%.
What does applied global services — operating margin mean?
This metric is calculated as the Applied Global Services operating income divided by its segment revenue. It measures the percentage of revenue that remains as operating profit after all operating expenses are covered. It is a key indicator of the segment's operational efficiency and competitive strength.

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