Inferra AI / Company / AMAT
Applied Materials
AMAT · Information Technology
Last earnings Aug 13, 2026 · Next earnings Nov 12, 2026
Important announcements
Key results
Record revenuequarter
$7.91 billion
com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS Record revenue $7.91 billion, up 11 percent year over year GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20 percent year over year, respectively Announced new EPIC Center partner engagements designed to accelerate commercialization of next-generation semiconductor technologies SANTA CLARA, Calif.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
GAAP gross marginquarter
11 percent
com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS Record revenue $7.91 billion, up 11 percent year over year GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20 percent year over year, respectively Announced new EPIC Center partner engagements designed to accelerate commercialization of next-generation semiconductor technologies SANTA CLARA, Calif.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Gross marginquarter
50.0 percent
com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS Record revenue $7.91 billion, up 11 percent year over year GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20 percent year over year, respectively Announced new EPIC Center partner engagements designed to accelerate commercialization of next-generation semiconductor technologies SANTA CLARA, Calif.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Record EPSquarter
$3.51
com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS Record revenue $7.91 billion, up 11 percent year over year GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20 percent year over year, respectively Announced new EPIC Center partner engagements designed to accelerate commercialization of next-generation semiconductor technologies SANTA CLARA, Calif.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
EPSquarter
$2.86
com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS Record revenue $7.91 billion, up 11 percent year over year GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20 percent year over year, respectively Announced new EPIC Center partner engagements designed to accelerate commercialization of next-generation semiconductor technologies SANTA CLARA, Calif.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Revenuequarter
$7.91 billion
Second Quarter Results Applied generated record revenue of $7.91 billion.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Operating incomequarter
$2.52 billion
On a GAAP basis, the company reported gross margin of 49.9 percent, operating income of $2.52 billion or 31.9 percent of revenue, and record earnings per share (EPS) of $3.51.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
On a non-GAAP basis, the company reported gross margin of 50.0 percent, operating income of $2.54 billion or 32.1 percent of revenue, and record EPS of $2.86.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Net incomequarter
$2,806 million
Net income $ 2,806 $ 2,137 $ 4,832 $ 3,322
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
AI analysis
Q2 2026 · reported May 14, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Record revenue | $7.91 billion | — | — |
| GAAP gross margin | 11 percent | — | — |
| Gross margin | 50.0 percent | — | — |
| Record EPS | $3.51 | — | — |
| EPS | $2.86 | — | — |
| Revenue | $7.91 billion | — | — |
| Operating income | $2.52 billion | — | — |
| Net income | $2,806 million | — | — |
Guidance · company-stated
“$ 8,950”
“$ 3.36”
“tax benefit related to intra-entity intangible asset transfers of $0.04”
Guidance stated in the release's Business Outlook table for the third quarter of fiscal 2026; no direction stated — figures as stated in the table.
Margin
Capital allocation
The company generated $845 million in cash from operations and distributed $765 million to shareholders through $400 million in share repurchases and $365 million in dividends.
Event summary
Second Quarter Results Applied generated record revenue of $7.91 billion
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Total revenue: “Total revenue $ 8,950”
Non-GAAP diluted EPS: “Non-GAAP diluted EPS $ 3.36”
net income: “net income tax benefit related to intra-entity intangible asset transfers of $0.04”
Total revenue (“the third quarter of fiscal 2026”)
“Total revenue $ 8,950”
Non-GAAP diluted EPS (“the third quarter of fiscal 2026”)
“Non-GAAP diluted EPS $ 3.36”
net income (“the third quarter of fiscal 2026”)
“net income tax benefit related to intra-entity intangible asset transfers of $0.04”
Guidance stated in the release's Business Outlook table for the third quarter of fiscal 2026; no direction stated — figures as stated in the table.
Capital allocation
The company generated $845 million in cash from operations and distributed $765 million to shareholders through $400 million in share repurchases and $365 million in dividends.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Increased the quarterly cash dividend by 15 percent, from $0.46 to $0.53 per share, marking nine consecutive years of dividend increases.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
With the increase, Applied has more than doubled its dividend per share from four years ago.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Page 5 of 14 Use of Non-GAAP Financial Measures Applied provides investors with certain non-GAAP financial measures, which are adjusted for the impact of certain costs, expenses, gains and losses, including, as applicable, certain items related to mergers and acquisitions restructuring and severance charges and any associated adjustments legal settlement charges impairments of assets gain or loss, dividends and impairments on strategic investments certain income tax items and other discrete adjustments.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
**Consists of German government debt.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
**Consists of Canadian provincial government debt.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
Strategy & priorities
As the largest process equipment company in the fastest growing markets, our top priority is ensuring we have the operational and supply chain readiness to support our customers growth.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Page 5 of 14 Use of Non-GAAP Financial Measures Applied provides investors with certain non-GAAP financial measures, which are adjusted for the impact of certain costs, expenses, gains and losses, including, as applicable, certain items related to mergers and acquisitions restructuring and severance charges and any associated adjustments legal settlement charges impairments of assets gain or loss, dividends and impairments on strategic investments certain income tax items and other discrete adjustments.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Page 6 of 14 Forward-Looking Statements This press release contains forward-looking statements, including those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, our business and financial performance and market share positions, our capital allocation and cash deployment strategies, our investment and growth strategies, our development of new products and technologies, the plans and expectations for the EPIC Center, legal matters, our business outlook for the third quarter of fiscal 2026 and beyond, and other statements that are not historical facts.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Risks & headwinds
These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
Commerce Department Bureau of Industry and Security to resolve a previously disclosed export controls compliance matter.
SEC original ↗Applied Materials — Earnings release (8-K exhibit)EX-99May 14, 2026
OTHER INFORMATION Item 1: Legal Proceedings 46 Item 1A: Risk Factors 47 Item 2: Unregistered Sales of Equity Securities and Use of Proceeds 59 Item 3: Defaults Upon Senior Securities 59 Item 4: Mine Safety Disclosures 59 Item 5: Other Information 59 Item 6: Exhibits 60 Signatures 61 Table of Contents PART I.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS - (Continued) Legal Matters From time to time, we receive notification from third parties, including customers and suppliers, seeking indemnification, litigation support, payment of money or other actions by us in connection with claims made against them.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
We also are subject to various legal proceedings, government investigations or inquiries, and claims, both asserted and unasserted, that arise in the ordinary course of business.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
These matters are subject to uncertainties, and we cannot predict the outcome of these matters, or governmental inquiries or proceedings that may occur.
SEC original ↗Applied Materials — 10-Q Quarterly report10-QAug 20, 2026
Earnings deck slides
0 decks with slide viewApplied Materials — Q3 2026 Earnings Presentation (Fiscal Q3 2026) — Slide view unavailable — the original PDF could not be retrieved for segmentation (HTTP Error 403: Forbidden).
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
62 documents- Q3 2026
- 8-KAMAT
Oct 26, 2026
- 8-KAMAT
Aug 27, 2026
- 10-QAMAT
Aug 20, 2026
- 8-KAMAT
Aug 13, 2026
- Q1 2026
- 10-QAMAT
May 21, 2026
- 8-KAMAT
May 14, 2026
- Q4 2025
- 8-KAMAT
Mar 13, 2026
- 10-QAMAT
Feb 19, 2026
- 8-KAMAT
Feb 12, 2026
- 8-KAMAT
Feb 12, 2026
- Q3 2025
- 10-KAMAT
Dec 12, 2025
- 8-KAMAT
Nov 13, 2025
- 8-KAMAT
Oct 23, 2025
- 8-KAMAT
Oct 2, 2025
- Q2 2025
- 8-KAMAT
Sep 26, 2025
- 8-KAMAT
Sep 19, 2025
- 8-KAMAT
Sep 15, 2025
- 10-QAMAT
Aug 21, 2025
- 8-KAMAT
Aug 14, 2025
- 8-KAMAT
Jul 22, 2025
- Q1 2025
- 10-QAMAT
May 22, 2025
- 8-KAMAT
May 15, 2025
- 8-KAMAT
Apr 14, 2025
- EX-99AMAT
Apr 14, 2025
- Q4 2024
- 8-KAMAT
Mar 10, 2025
- 8-KAMAT
Feb 27, 2025
- 10-QAMAT
Feb 20, 2025
- 8-KAMAT
Feb 13, 2025
- Q3 2024
- 10-KAMAT
Dec 13, 2024
- 8-KAMAT
Nov 14, 2024
- Q2 2024
- 10-QAMAT
Aug 22, 2024
- 8-KAMAT
Aug 15, 2024
- Q1 2024
- 8-KAMAT
Jun 11, 2024
- 10-QAMAT
May 23, 2024
- 8-KAMAT
May 16, 2024
- Q4 2023
- 8-KAMAT
Mar 11, 2024
- 8-KAMAT
Feb 29, 2024
- 10-QAMAT
Feb 27, 2024
- 8-KAMAT
Feb 15, 2024
- Q3 2023
- 10-KAMAT
Dec 15, 2023
- 8-KAMAT
Dec 13, 2023
- 8-KAMAT
Nov 16, 2023
- Q2 2023
- 10-QAMAT
Aug 24, 2023
- 8-KAMAT
Aug 17, 2023
- Q1 2023
- 10-QAMAT
May 26, 2023
- 8-KAMAT
May 18, 2023
- Q4 2022
- 8-KAMAT
Mar 13, 2023
- 10-QAMAT
Feb 23, 2023
- 8-KAMAT
Feb 16, 2023
- Q3 2022
- 10-KAMAT
Dec 16, 2022
- 8-KAMAT
Dec 16, 2022
- 8-KAMAT
Nov 17, 2022
- 8-KAMAT
Oct 24, 2022
- EX-99AMAT
Oct 24, 2022
- 8-KAMAT
Oct 12, 2022
- Q2 2022
- 8-KAMAT
Sep 29, 2022
- 8-KAMAT
Sep 6, 2022
- 10-QAMAT
Aug 25, 2022
- 8-KAMAT
Aug 25, 2022
- 8-KAMAT
Aug 18, 2022
- Q1 2022
- 10-QAMAT
May 26, 2022
- 8-KAMAT
May 19, 2022
Earnings releases
24 documents- Q3 2026
- EX-99AMAT
- EX-99AMAT
- EX-99AMAT
- Q1 2026
- EX-99AMAT
- Q4 2025
- EX-99AMAT
- EX-99AMAT
- Q3 2025
- EX-99AMAT
- EX-99AMAT
- Q2 2025
- EX-99AMAT
- EX-99AMAT
- Q1 2025
- EX-99AMAT
- Q4 2024
- EX-99AMAT
- Q3 2024
- EX-99AMAT
- Q2 2024
- EX-99AMAT
- Q1 2024
- EX-99AMAT
- Q4 2023
- EX-99AMAT
- Q3 2023
- EX-99AMAT
- Q2 2023
- EX-99AMAT
- Q1 2023
- EX-99AMAT
- Q4 2022
- EX-99AMAT
- Q3 2022
- EX-99AMAT
- EX-99AMAT
- Q2 2022
- EX-99AMAT
- Q1 2022
- EX-99AMAT
Presentations
1 document- Q3 2026
- AMATDeck
Transcripts
0 documentsNo transcripts for Applied Materials are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Applied Materials by name or ticker. A mention is counted once per document, from the document text the library holds.
“to shareholders through $440 million in share repurchases and $420 million in dividends. “Applied Materials delivered another record-breaking quarter, including the highest sequential revenue… …“We expect continued strong revenue growth in the second”
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