What is Applied Materials's pre-tax income?

Applied Materials (AMAT) reported pre-tax income of $3.23B in Q1 2026.

How has Applied Materials's pre-tax income changed year-over-year?

Applied Materials's pre-tax income increased by 38.9% year-over-year, from $2.32B to $3.23B.

What is the long-term trend for Applied Materials's pre-tax income?

Over 4 years (2021 to 2025), Applied Materials's pre-tax income has grown at a 8.2% compound annual growth rate (CAGR), from $6.77B to $9.27B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Applied Materials AMAT Pre-Tax Income

Pre-Tax Income at other companies

Veeco InstrumentsVECO

-$1.48M-110%

KLA CorporationKLAC

$1.42B+12.0%

Onto InnovationONTO

$38.05M-46.9%

Lam ResearchLRCX

$2.01B+30.9%

Benchmark ElectronicsBHE

$18.42M+119%

Axcelis TechnologiesACLS

$10.63M-67.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$845.0M-46.2%

CapEx$635.0M+24.5%

Free cash flow$210.0M-80.2%

Valuation

See full

Market cap$574.03B+290%

Enterprise value$579.8B+280%

P/E67.5×+45.7×

P/S19.8×+14.5×

Profitability

See full

Gross margin49%+0.8pp

Operating margin28.6%-1.1pp

Net margin29.3%+5.3pp

FCF margin18.4%-2.5pp

Returns & leverage

See full

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Applied Materials’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →

Ask your AI about Applied Materials's pre-tax income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Applied Materials's pre-tax income?: Applied Materials (AMAT) reported pre-tax income of $3.23B in Q1 2026.
How has Applied Materials's pre-tax income changed year-over-year?: Applied Materials's pre-tax income increased by 38.9% year-over-year, from $2.32B to $3.23B.
What is the long-term trend for Applied Materials's pre-tax income?: Over 4 years (2021 to 2025), Applied Materials's pre-tax income has grown at a 8.2% compound annual growth rate (CAGR), from $6.77B to $9.27B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.