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Applied Materials AMAT Applied Global Services — Revenue

Other segment segments

Semiconductor Systems
$5.97B+10.4%

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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$418.8B+193%
Enterprise value$424.57B+186%
P/E49.2×+28.3×
P/S14.4×+9.4×

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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Three Months Ended April 26, 2026Semiconductor Systems / (In millions, except percentages)Applied Global Services / (In millions, except percentages)Other / (In millions, except percentages)Total
Revenue$5,965$1,665$280$7,910
Cost of products sold2,7011,0881743,963
Gross profit$3,264$577$106$3,947
Gross margin54.7%34.7%49.9%
Operating expenses:
Research, development and engineering865201421,027
Selling, general and administrative3077020397
Operating income (loss)$2,092$487$(56)$2,523

Item 1. Financial Statements (Unaudited)

FAQ

What is Applied Materials's applied global services — revenue?
Applied Materials (AMAT) reported applied global services — revenue of $1.67B in Q1 2026.
How has Applied Materials's applied global services — revenue changed year-over-year?
Applied Materials's applied global services — revenue increased by 17.3% year-over-year, from $1.42B to $1.67B.
What is the long-term trend for Applied Materials's applied global services — revenue?
Over 2 years (2023 to 2025), Applied Materials's applied global services — revenue has grown at a 2.3% compound annual growth rate (CAGR), from $5.73B to $6B.
What does applied global services — revenue mean?
This metric represents the total revenue generated by the Applied Global Services segment, which provides integrated solutions to optimize equipment performance and productivity. It includes revenue from maintenance, spare parts, software, and technical support services for semiconductor manufacturing equipment. This segment is critical for recurring revenue streams and long-term customer engagement.

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