Applied Materials AMAT Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Applied Global Services | $1.67B+17.3% | $1.56B+15.2% | $1.63B-0.9% | $1.6B+1.3% | $1.42B-7.2% | |
| Semiconductor Systems | $5.97B+10.4% | $5.14B-8.1% | $4.76B-8.1% | $5.43B+10.2% | $5.4B+10.2% | |
| Operating Income (Loss) by Business | ||||||
| Applied Global Services | $487M+28.8% | $438M+30.4% | $454M-7.7% | $445M-4.7% | $378M-13.3% | |
| Semiconductor Systems | $2.09B+18.2% | $1.43B-23.8% | $1.53B-16.3% | $1.97B+14.8% | $1.77B+4.1% | |
| Gross Profit by Business | ||||||
| Applied Global Services | $577M+21.2% | $537M+22.9% | —— | —— | $476M-10.9% | |
| Semiconductor Systems | $3.26B+13.0% | $2.79B-6.4% | —— | —— | $2.89B+9.7% | |
| SG&A by Business | ||||||
| Applied Global Services | $70M-12.5% | $81M-6.9% | —— | —— | $80M+51.7% | |
| Semiconductor Systems | $307M-11.0% | $316M-16.8% | —— | —— | $345M+59.2% | |
| Operating margin by Business | ||||||
| Applied Global Services | 29.2%+2.6pp | 28.1%+3.3pp | —— | —— | 26.6%+19.3pp | |
| Semiconductor Systems | 35.1%+2.3pp | 27.8%-5.6pp | —— | —— | 32.8%+24.0pp | |
| Gross margin by Business | ||||||
| Applied Global Services | 34.7%+1.2pp | 34.4%+2.1pp | —— | —— | 33.5%+24.9pp | |
| Semiconductor Systems | 54.7%+1.2pp | 54.3%+0.9pp | —— | —— | 53.5%+40.3pp | |
| Costs of products sold by Business | ||||||
| Applied Global Services | $1.09B+15.3% | $1.02B+11.6% | —— | —— | $944M-7.6% | |
| Semiconductor Systems | $2.7B+7.5% | $2.35B-10.1% | —— | —— | $2.51B+7.1% | |
| Accounts receivable by Business | ||||||
| Applied Global Services | $1.27B+9.1% | $1.2B+8.9% | $1.27B-2.2% | —— | $1.16B— | |
| Semiconductor Systems | $4.82B-2.1% | $3.69B-22.8% | $3.73B-2.2% | —— | $4.93B— | |
| 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-26.3% | $10M+150% | —— | —— | $19M+117% | |
| Semiconductor Systems | $120M+1.7% | $76M-29.0% | —— | —— | $118M+11.1% | |
| D&A by Business | ||||||
| Applied Global Services | $16M+33.3% | $14M+16.7% | —— | —— | $12M+118% | |
| Semiconductor Systems | $101M+38.4% | $81M+17.4% | —— | —— | $73M+73.8% | |
| Research, development and engineering by Business | ||||||
| Applied Global Services | $20M+11.1% | $18M+28.6% | —— | —— | $18M-36.8% | |
| Semiconductor Systems | $865M+11.8% | $798M+8.7% | —— | —— | $774M+15.4% | |
| Goodwill by Business | ||||||
| Applied Global Services | $964M0.0% | $964M0.0% | $1.03B0.0% | $1.03B0.0% | $964M-6.6% | |
| Semiconductor Systems | $2.66B+4.6% | $2.54B-0.8% | $2.48B+0.7% | $2.48B+0.7% | $2.54B+3.4% | |
| Inventories by Business | ||||||
| Applied Global Services | $1.85B+2.7% | $1.83B+0.9% | $2.3B-0.2% | —— | $1.8B— | |
| Semiconductor Systems | $4.31B+17.5% | $4.05B+14.2% | $3.44B+15.3% | —— | $3.67B— | |
| Concentration risk, percentage by Product | ||||||
| Dynamic random-access memory (DRAM) | 29%+2.0pp | 34%+7.0pp | —— | 22%-2.0pp | 27%-5.0pp | |
| Flash memory (NAND) | 4%-3.0pp | 4%0.0pp | —— | 9%+5.0pp | 7%+4.0pp | |
| Foundry, logic and other | 67%+1.0pp | 62%-7.0pp | —— | 69%-3.0pp | 66%+1.0pp | |
| Revenue by Geography | ||||||
| China | $2.09B+17.6% | $2.1B-6.6% | $1.96B-8.1% | $2.55B+18.3% | $1.77B-37.3% | |
| Europe | $347M+37.7% | $221M-33.0% | $220M-45.7% | $160M-52.8% | $252M-12.8% | |
| Japan | $623M+8.9% | $525M-2.8% | $448M-22.9% | $713M+28.5% | $572M+26.3% | |
| Korea | $1.57B+0.6% | $1.46B-12.5% | $1.22B+4.0% | $1.16B+5.3% | $1.56B+58.1% | |
| Southeast Asia | $185M+37.0% | $335M+17.1% | $460M+46.5% | $195M-54.4% | $135M-36.6% | |
| Taiwan | $2.16B+7.9% | $1.72B+45.6% | $1.83B+42.8% | $1.84B+60.5% | $2B+96.0% | |
| United States | $941M+16.5% | $656M-28.5% | $655M-43.2% | $683M-35.1% | $808M-5.3% | |
| Concentration risk, percentage by Geography | ||||||
| Europe | 4%0.0pp | 3%-1.0pp | —— | 2%-3.0pp | 4%0.0pp | |
| Southeast Asia | 2%0.0pp | 5%+1.0pp | —— | 3%-3.0pp | 2%-1.0pp | |
| Change by Geography | ||||||
| China | 18%+55.0pp | -7%+18.0pp | —— | 18%-6.0pp | -37%-138pp | |
| Europe | 38%+51.0pp | -33%-13.0pp | —— | -53%-4.0pp | -13%+26.0pp | |
| Japan | 9%-17.0pp | -3%+1.0pp | —— | 28%+12.0pp | 26%+28.0pp | |
| Korea | 1%-57.0pp | -13%-48.0pp | —— | 5%-7.0pp | 58%+96.0pp | |
| Southeast Asia | 37%+74.0pp | 17%-37.0pp | —— | -54%-192pp | -37%-73.0pp | |
| Taiwan | 8%-88.0pp | 46%-66.0pp | —— | 61%+76.0pp | 96%+125pp | |
| United States | 16%+21.0pp | -28%-49.0pp | —— | -35%-36.0pp | -5%+18.0pp |
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.
