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Company exports

Pro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.

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Semicap·AMAT
Applied Materials, Inc. logo

Applied Materials, Inc.

NASDAQ · US

Wafer fabrication equipment supplier across deposition, implant, etch, metrology, and packaging processes.

AI relevance

Broad process-equipment exposure to AI logic, memory, and advanced packaging capex.

SemicapEtch / Dep / Clean

Price

$617.11

Change

+24.19 (+4.08%)

Market cap

$490.0B

52w range

$154–$639

Exchange

NASDAQ

Country

US

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Price chart

AMAT market performance

Daily close for Applied Materials, Inc.

$119.4$253.0$386.7$520.3$654.0Jun 25Sep 25Dec 25Mar 26Jun 26
Latest close
$617.1
Range move
+$444.3 (+257.0%)
Range high
$617.1
Range low
$156.3
Latest volume
16.8M
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

80 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetBuy

Analyst expectations

Consensus target
$533.65
-13.5%
Target range
$425.00 - $650.00
Rating mix
Buy
53 ratings
Next FY revenue
$33.35B
2026-10-26
Next FY EPS
$12.24
$11.64 - $12.54
Rating consensus53 ratings

Strong buy

1

Buy

40

Hold

12

Sell

0

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-10-26$33.35B$32.98B - $33.84B$12.24$11.64 - $12.54$12.04B$12.36B$9.77B$1.99B26 rev / 21 EPS
2027-10-26$42.30B$36.95B - $44.61B$16.48$12.88 - $17.76$15.27B$15.67B$12.90B$2.53B27 rev / 20 EPS
2028-10-26$49.48B$49.15B - $49.82B$20.16$14.78 - $26.68$17.86B$18.33B$15.46B$2.96B20 rev / 11 EPS
2029-10-26$53.24B$48.90B - $55.99B$21.94$19.61 - $23.41$19.22B$19.73B$17.73B$3.18B10 rev / 7 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-07-26$8.98B$8.95B - $9.10B$3.39$3.21 - $3.53$3.24B$3.33B$2.71B$536.9M17 rev / 19 EPS
2026-10-26$9.39B$9.09B - $9.63B$3.61$3.39 - $3.82$3.39B$3.48B$2.89B$561.6M17 rev / 18 EPS
2027-01-26$9.77B$9.57B - $10.01B$3.77$3.67 - $3.89$3.53B$3.62B$3.02B$584.3M8 rev / 8 EPS
2027-04-26$10.32B$10.11B - $10.57B$4.06$3.95 - $4.19$3.73B$3.83B$3.24B$617.2M8 rev / 13 EPS
2027-07-26$10.84B$10.61B - $11.10B$4.34$4.22 - $4.48$3.91B$4.02B$3.47B$647.9M11 rev / 8 EPS
2027-10-26$11.32B$11.09B - $11.60B$4.57$4.45 - $4.72$4.09B$4.19B$3.65B$676.8M8 rev / 8 EPS
2028-01-26$11.91B$11.66B - $12.20B$4.86$4.73 - $5.01$4.30B$4.41B$3.88B$712.1M9 rev / 12 EPS
2028-04-26$12.78B$12.52B - $13.09B$5.20$5.06 - $5.36$4.61B$4.74B$4.16B$764.3M7 rev / 9 EPS
Price target history
WindowTargetsAverage target
Last month6$595.83
Last quarter27$535.89
Last year80$400.35
All time168$279.82

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0, TipRanks Contributor, Investing, MarketWatch

Latest grade actions
DateFirmActionPreviousNew
2026-06-17CitigroupMaintainBuyBuy
2026-06-11BarclaysMaintainOverweightOverweight
2026-06-10Cantor FitzgeraldMaintainOverweightOverweight
2026-06-10UBSMaintainBuyBuy
2026-05-28Cantor FitzgeraldMaintainOverweightOverweight
2026-05-27MizuhoMaintainOutperformOutperform
2026-05-19Argus ResearchMaintainBuyBuy
2026-05-18Morgan StanleyDowngradeOverweightEqual Weight
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-06-01428801
2026-05-01528800
2026-04-01524900
2026-03-01523900
2026-02-015241001
2026-01-015221501
2025-12-013201510
2025-11-013211510
FinancialsFY 2025

Financials

Revenue
$28.37B
Gross margin
48.7%
Operating income
$8.29B
Free cash flow
$5.70B
Cash + ST investments
$8.57B
Net debt
-$191.0M
ROE
34.3%
ROIC
22.0%
EV / sales
6.5x
EV / EBITDA
19.3x
R&D / revenue
12.6%
Current ratio
2.6x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$28.37B$13.81B48.7%$3.57B$8.29B$9.65B$7.00B$8.71
FY 2024$27.18B$12.90B47.5%$3.23B$7.87B$8.79B$7.18B$8.68
FY 2023$26.52B$12.38B46.7%$3.10B$7.65B$8.46B$6.86B$8.16
FY 2022$25.79B$11.99B46.5%$2.77B$7.79B$8.26B$6.53B$7.49
FY 2021$23.06B$10.91B47.3%$2.48B$6.89B$7.39B$5.89B$6.47
FY 2020$17.20B$7.69B44.7%$2.23B$4.37B$4.78B$3.62B$3.95
FY 2019$14.61B$6.39B43.7%$2.05B$3.35B$3.87B$2.71B$2.89
FY 2018$16.70B$7.52B45.0%$2.02B$4.49B$5.08B$3.04B$3.00
FY 2017$14.70B$6.61B45.0%$1.77B$3.94B$4.42B$3.52B$3.20
FY 2016$10.82B$4.51B41.7%$1.54B$2.15B$2.56B$1.72B$1.56
FY 2015$9.66B$3.95B40.9%$1.45B$1.69B$2.07B$1.38B$1.13
FY 2014$9.07B$3.84B42.4%$1.43B$1.52B$1.94B$1.07B$0.88
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$7.96B$2.26B$5.70B
FY 2024$8.68B$1.19B$7.49B
FY 2023$8.70B$1.11B$7.59B
FY 2022$5.40B$787.0M$4.61B
FY 2021$5.44B$668.0M$4.77B
FY 2020$3.80B$422.0M$3.38B
FY 2019$3.25B$441.0M$2.81B
FY 2018$3.79B$622.0M$3.17B
FY 2017$3.61B$345.0M$3.26B
FY 2016$2.47B$253.0M$2.21B
FY 2015$1.16B$215.0M$948.0M
FY 2014$1.80B$241.0M$1.56B
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$8.57B$5.33B$5.92B$5.12B$36.30B$7.05B-$191.0M$15.88B$20.41B
FY 2024$9.47B$5.35B$5.42B$3.71B$34.41B$6.61B-$1.42B$15.41B$19.00B
FY 2023$6.87B$5.58B$5.72B$3.20B$30.73B$6.00B-$133.0M$14.38B$16.35B
FY 2022$2.58B$6.53B$5.93B$2.70B$26.73B$5.83B$3.83B$14.53B$12.19B
FY 2021$5.46B$5.55B$4.31B$2.23B$25.82B$5.75B$758.0M$13.58B$12.25B
FY 2020$5.74B$3.11B$3.90B$1.86B$22.35B$5.71B$356.0M$11.78B$10.58B
FY 2019$3.62B$2.64B$3.47B$1.53B$19.04B$5.31B$2.18B$10.81B$8.21B
FY 2018$4.03B$2.42B$3.72B$1.41B$17.64B$5.31B$1.87B$10.79B$6.84B
FY 2017$7.28B$2.34B$2.93B$1.07B$19.42B$5.30B$294.0M$10.07B$9.35B
FY 2016$3.75B$2.28B$2.05B$937.0M$14.57B$3.33B-$81.0M$7.37B$7.22B
FY 2015$4.96B$1.74B$1.83B$892.0M$15.31B$4.54B-$255.0M$7.70B$7.61B
FY 2014$3.16B$1.67B$1.57B$861.0M$13.17B$1.95B-$1.05B$5.31B$7.87B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202548.7%29.2%24.7%2.6x1.9x34.3%22.0%6.5x19.3x3.1%12.6%167d
FY 202447.5%28.9%26.4%2.5x1.9x37.8%25.8%5.6x17.3x4.9%11.9%170d
FY 202346.7%28.9%25.9%2.6x1.8x41.9%28.8%4.1x13.0x6.9%11.7%186d
FY 202246.5%30.2%25.3%2.2x1.4x53.5%34.4%3.1x9.8x6.0%10.7%203d
FY 202147.3%29.9%25.5%2.5x1.9x48.1%30.6%5.5x17.3x3.8%10.8%173d
FY 202044.7%25.4%21.0%3.0x2.1x34.2%21.1%3.2x11.5x6.2%13.0%173d
FY 201943.7%22.9%18.5%2.3x1.5x32.9%18.3%3.8x14.4x5.3%14.1%178d
FY 201845.0%26.9%18.2%2.7x1.8x44.4%22.6%2.0x6.6x10.0%12.1%161d
FY 201745.0%26.8%23.9%3.1x2.4x37.6%23.7%4.1x13.6x5.4%12.1%148d
FY 201641.7%19.9%15.9%2.3x1.7x23.8%16.5%3.0x12.6x6.9%14.2%148d
FY 201540.9%17.5%14.3%2.4x2.0x18.1%11.5%2.0x9.4x4.8%15.0%141d
FY 201442.4%16.8%11.8%2.5x1.9x13.6%10.9%2.7x12.6x6.1%15.7%134d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+4.4%+7.1%+10.4%+5.4%-2.5%+0.3%-23.9%-89.9%-9.5%+9.1%+5.5%+6.7%
FY 2024+2.5%+4.1%+4.2%+2.8%+4.7%+6.4%-1.4%-7.6%+37.9%-5.3%+12.0%+10.1%
FY 2023+2.8%+3.3%+11.9%-1.7%+5.1%+8.9%+64.7%-40.5%+166.1%-3.5%+15.0%+2.9%
FY 2022+11.8%+9.9%+11.5%+13.0%+10.8%+15.8%-3.4%-17.8%-52.7%+37.7%+3.5%+1.3%
FY 2021+34.1%+41.9%+11.2%+57.8%+62.7%+63.8%+41.2%-58.3%-4.9%+10.4%+15.5%+0.8%
FY 2020+17.8%+20.5%+8.8%+30.3%+33.7%+36.7%+20.5%+4.3%+58.6%+12.4%+17.4%+7.4%
FY 2019-12.6%-15.0%+1.7%-25.4%-10.9%-3.7%-11.3%+29.1%-10.2%-6.6%+7.9%+0.1%
FY 2018+13.7%+13.7%+13.8%+14.1%-13.7%-6.3%-3.0%-80.3%-44.6%+27.0%-9.2%+0.1%
FY 2017+35.8%+46.6%+15.2%+82.9%+104.5%+105.1%+47.5%-36.4%+94.1%+42.9%+33.3%+59.5%
FY 2016+12.1%+14.1%+6.1%+27.1%+25.0%+38.1%+133.4%-17.7%-24.5%+11.8%-4.8%-26.8%
FY 2015+6.5%+2.8%+1.6%+11.4%+28.5%+28.4%-39.2%+10.8%+57.0%+17.0%+16.2%+133.3%
FY 2014+20.8%+28.5%+8.2%+251.9%+318.8%+319.0%+266.0%-22.3%+67.2%+10.9%+9.4%+0.1%
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $28.37B
Semiconductor Systems$20.80B · 73.3%
Applied Global Services$6.38B · 22.5%
Corporate And Reconciling Items$1.19B · 4.2%
Latest geography mixFY 2025 · $28.37B
CHINA$8.53B · 30.1%
TAIWAN, PROVINCE OF CHINA$6.86B · 24.2%
KOREA, REPUBLIC OF$5.61B · 19.8%
UNITED STATES$3.06B · 10.8%
JAPAN$2.27B · 8.0%
Southeast Asia$1.08B · 3.8%
Europe$962.0M · 3.4%
Product revenue annual
PeriodTotalSemiconductor SystemsApplied Global ServicesDisplay and Adjacent MarketsSilicon Systems GroupTotal SegmentDisplayCorporate And Reconciling ItemsEnergy And Environmental SolutionsCorporate and Other
FY 2025$28.37B$20.80B$6.38B--------$1.19B----
FY 2024$27.02B$19.91B$6.22B$885.0M------------
FY 2023$26.30B$19.70B$5.73B$868.0M------------
FY 2022$25.67B$18.80B$5.54B$1.33B------------
FY 2021$22.93B$16.29B$5.01B$1.63B------------
FY 2020$17.13B$11.37B$4.16B$1.61B------------
FY 2019$14.53B$9.03B$3.85B$1.65B------------
FY 2018$17.16B$10.90B$3.75B$2.50B------------
FY 2017$14.43B$9.52B$3.02B$1.90B------------
FY 2016$10.82B$6.87B$2.59B$1.21B----------$157.0M
FY 2015$19.32B--$2.53B--$6.13B$9.66B$780.0M--$213.0M--
FY 2014$9.07B--$2.20B--$5.98B--$615.0M--$279.0M--
Geography revenue annual
PeriodTotalCHINATAIWAN, PROVINCE OF CHINAKOREA, REPUBLIC OFUNITED STATESJAPANEuropeSoutheast Asia
FY 2025$28.37B$8.53B$6.86B$5.61B$3.06B$2.27B$962.0M$1.08B
FY 2024$27.18B$10.12B$4.01B$4.49B$3.82B$2.15B$1.44B$1.14B
FY 2023$26.52B$7.25B$5.67B$4.61B$4.01B$2.08B$2.15B$758.0M
FY 2022$25.79B$7.25B$6.26B$4.39B$3.10B$2.01B$1.67B$1.08B
FY 2021$23.06B$7.54B$4.74B$5.01B$2.04B$1.96B$1.10B$677.0M
FY 2020$17.20B$5.46B$3.95B$3.03B$1.62B$2.00B$736.0M$411.0M
FY 2019$14.61B$4.28B$2.96B$1.93B$1.87B$2.20B$820.0M$548.0M
FY 2018$17.25B$5.11B$2.73B$3.60B$1.53B$2.40B$1.07B$802.0M
FY 2017$14.54B$2.75B$3.29B$4.05B$1.47B$1.52B$816.0M$640.0M
FY 2016$10.82B$2.26B$2.84B$1.88B$1.14B$1.28B$615.0M$803.0M
FY 2015$9.66B$1.62B$2.60B$1.65B$1.63B$1.08B$642.0M$432.0M
FY 2014$9.07B$1.61B$2.70B$965.0M$1.97B$817.0M$658.0M$356.0M
Transcripts80 on file

Transcripts

  • FY2026 · Q22026-05-14
  • FY2026 · Q12026-02-12
  • FY2025 · Q42025-11-13
  • FY2025 · Q32025-08-15
Events

Events

Next earnings

2026-08-13EPS est $3.35

Recent filings
  • 42026-06-17
  • 42026-06-17
  • 42026-06-17
Latest news
  • Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?

    MarketBeat · 2026-06-21

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    Zacks Investment Research · 2026-06-19

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