Applied Materials AMAT Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Applied Global Services | $1.67B+6.8% | $1.56B-4.1% | $1.63B+1.6% | $1.6B+12.7% | $1.42B+5.0% | |
| Semiconductor Systems | $5.97B+16.0% | $5.14B+8.0% | $4.76B-12.3% | $5.43B+0.5% | $5.4B-3.5% | |
| Operating Income (Loss) by Business | ||||||
| Applied Global Services | $487M+11.2% | $438M-3.5% | $454M+2.0% | $445M+17.7% | $378M+12.5% | |
| Semiconductor Systems | $2.09B+46.6% | $1.43B-6.5% | $1.53B-22.3% | $1.97B+11.1% | $1.77B-5.4% | |
| Gross Profit by Business | ||||||
| Applied Global Services | $577M+7.4% | $537M— | —— | —— | $476M+8.9% | |
| Semiconductor Systems | $3.26B+16.8% | $2.79B— | —— | —— | $2.89B-3.2% | |
| SG&A by Business | ||||||
| Applied Global Services | $70M-13.6% | $81M— | —— | —— | $80M-8.0% | |
| Semiconductor Systems | $307M-2.8% | $316M— | —— | —— | $345M-9.2% | |
| Operating margin by Business | ||||||
| Applied Global Services | 29.2%+1.1pp | 28.1%— | —— | —— | 26.6%+1.8pp | |
| Semiconductor Systems | 35.1%+7.3pp | 27.8%— | —— | —— | 32.8%-0.6pp | |
| Gross margin by Business | ||||||
| Applied Global Services | 34.7%+0.3pp | 34.4%— | —— | —— | 33.5%+1.2pp | |
| Semiconductor Systems | 54.7%+0.4pp | 54.3%— | —— | —— | 53.5%+0.1pp | |
| Costs of products sold by Business | ||||||
| Applied Global Services | $1.09B+6.5% | $1.02B— | —— | —— | $944M+3.1% | |
| Semiconductor Systems | $2.7B+15.1% | $2.35B— | —— | —— | $2.51B-3.8% | |
| Accounts receivable by Business | ||||||
| Applied Global Services | $1.27B+5.2% | $1.2B-5.2% | $1.27B— | —— | $1.16B+4.9% | |
| Semiconductor Systems | $4.82B+30.7% | $3.69B-1.2% | $3.73B— | —— | $4.93B+3.1% | |
| Legal settlement by Business | ||||||
| Applied Global Services | $0— | $0— | —— | —— | —— | |
| Severance and other employee-related charges by Business | ||||||
| Applied Global Services | $0— | $0— | —— | —— | —— | |
| Semiconductor Systems | $0— | $0— | —— | —— | —— | |
| CapEx by Business | ||||||
| Applied Global Services | $14M+40.0% | $10M— | —— | —— | $19M+375% | |
| Semiconductor Systems | $120M+57.9% | $76M— | —— | —— | $118M+10.3% | |
| D&A by Business | ||||||
| Applied Global Services | $16M+14.3% | $14M— | —— | —— | $12M0.0% | |
| Semiconductor Systems | $101M+24.7% | $81M— | —— | —— | $73M+5.8% | |
| Research, development and engineering by Business | ||||||
| Applied Global Services | $20M+11.1% | $18M— | —— | —— | $18M+28.6% | |
| Semiconductor Systems | $865M+8.4% | $798M— | —— | —— | $774M+5.4% | |
| Goodwill by Business | ||||||
| Applied Global Services | $964M0.0% | $964M-6.6% | $1.03B0.0% | $1.03B+7.1% | $964M0.0% | |
| Semiconductor Systems | $2.66B+4.6% | $2.54B+2.7% | $2.48B0.0% | $2.48B-2.7% | $2.54B-0.8% | |
| Inventories by Business | ||||||
| Applied Global Services | $1.85B+1.4% | $1.83B-20.6% | $2.3B— | —— | $1.8B-0.3% | |
| Semiconductor Systems | $4.31B+6.5% | $4.05B+17.5% | $3.44B— | —— | $3.67B+3.5% | |
| Concentration risk, percentage by Product | ||||||
| Dynamic random-access memory (DRAM) | 29%-5.0pp | 34%— | —— | 22%-5.0pp | 27%0.0pp | |
| Flash memory (NAND) | 4%0.0pp | 4%— | —— | 9%+2.0pp | 7%+3.0pp | |
| Foundry, logic and other | 67%+5.0pp | 62%— | —— | 69%+3.0pp | 66%-3.0pp | |
| Revenue by Geography | ||||||
| China | $2.09B-0.4% | $2.1B+6.7% | $1.96B-22.9% | $2.55B+43.6% | $1.77B-20.9% | |
| Europe | $347M+57.0% | $221M+0.5% | $220M+37.5% | $160M-36.5% | $252M-23.6% | |
| Japan | $623M+18.7% | $525M+17.2% | $448M-37.2% | $713M+24.7% | $572M+5.9% | |
| Korea | $1.57B+7.8% | $1.46B+19.6% | $1.22B+5.1% | $1.16B-25.7% | $1.56B-6.3% | |
| Southeast Asia | $185M-44.8% | $335M-27.2% | $460M+136% | $195M+44.4% | $135M-52.8% | |
| Taiwan | $2.16B+25.1% | $1.72B-6.1% | $1.83B-0.5% | $1.84B-7.7% | $2B+68.8% | |
| United States | $941M+43.4% | $656M+0.2% | $655M-4.1% | $683M-15.5% | $808M-11.9% | |
| Concentration risk, percentage by Geography | ||||||
| Europe | 4%+1.0pp | 3%— | —— | 2%-2.0pp | 4%0.0pp | |
| Southeast Asia | 2%-3.0pp | 5%— | —— | 3%+1.0pp | 2%-2.0pp | |
| Change by Geography | ||||||
| China | 18%+25.0pp | -7%— | —— | 18%+55.0pp | -37%-12.0pp | |
| Europe | 38%+71.0pp | -33%— | —— | -53%-40.0pp | -13%+7.0pp | |
| Japan | 9%+12.0pp | -3%— | —— | 28%+2.0pp | 26%+30.0pp | |
| Korea | 1%+14.0pp | -13%— | —— | 5%-53.0pp | 58%+23.0pp | |
| Southeast Asia | 37%+20.0pp | 17%— | —— | -54%-17.0pp | -37%-91.0pp | |
| Taiwan | 8%-38.0pp | 46%— | —— | 61%-35.0pp | 96%-16.0pp | |
| United States | 16%+44.0pp | -28%— | —— | -35%-30.0pp | -5%-26.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Applied Materials break its business down?
- Applied Materials (AMAT) reports revenue by business across 2 parts — Applied Global Services and Semiconductor Systems. Each is extracted from the segment footnotes and tracked over time.
- Where does Applied Materials's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Applied Materials's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
