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Applied Materials AMAT Semiconductor Systems — Legal settlement

Other segment segments

Applied Global Services
$0

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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 us-gaap:LitigationSettlementExpense.

The source filing: Applied Materials’s 10-Q, filed February 19, 2026.

Filed
Feb 19, 2026, 4:01 PM EST
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-009694
Three Months Ended January 25, 2026Semiconductor Systems / (In millions, except percentages)Applied Global Services / (In millions, except percentages)Other / (In millions, except percentages)Total
Operating expenses:
Research, development and engineering79818112928
Selling, general and administrative3168114411
Legal settlement253253
Restructuring charges1212
Operating income (loss)$1,427$438$(34)$1,831
Operating margin27.8%28.1%26.1%
Depreciation and amortization$81$14$32$127

Item 1. Financial Statements (Unaudited)

FAQ

What is Applied Materials's semiconductor systems — legal settlement?
Applied Materials (AMAT) reported semiconductor systems — legal settlement of $253M in Q4 2025.
What does semiconductor systems — legal settlement mean?
This represents non-recurring costs or gains associated with legal disputes, settlements, or litigation specific to the Semiconductor Systems segment. These are typically excluded from core operating performance analysis due to their irregular nature. It highlights potential legal risks or one-time financial impacts.

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