Company Analysis

Applied Materials, Inc. (AMAT)

Nasdaq: AMAT · Semiconductors & Related Devices · Santa Clara, CA · filing with the SEC since 1994
Grade7.1
◀ Past 7.6● Present 7.9▶ Future 5.5

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in October.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingOct 26, 2025Oct 27, 2024Oct 29, 2023Oct 30, 2022Oct 31, 2021Oct 25, 2020Oct 27, 2019Oct 28, 2018Oct 29, 2017Oct 30, 2016
Report filedDec 12, 2025Dec 13, 2024Dec 15, 2023Dec 16, 2022Dec 17, 2021Dec 11, 2020Dec 13, 2019Dec 13, 2018Dec 15, 2017·
Revenue28,36827,17626,51725,78523,06317,20214,60816,70514,698r10,825
Cost of revenue14,56014,27914,13313,79212,1499,5108,2229,188r8,086r6,314
Gross profit13,80812,89712,38411,99310,9147,6926,3867,517r6,612r4,511
Research and development3,5703,2333,1022,7712,4852,2342,0542,022r1,781r1,540
Selling, general and administrative1,7681,7971,628·······
Sales and marketing858836776703609526521521457r429
General and administrative910961852735620567461483r438r390
Total operating expenses5,5195,0304,7304,2054,0253,3273,0363,026r2,676r2,359
Operating income8,2897,8677,6547,7886,8894,3653,3504,491r3,936r2,152
Interest expense269247238228236240237234198155
Interest and investment income4064862624426·····
Other income (expense), net1,2515323003911841156139r78r16
Income before income taxes9,2718,1527,7167,5996,7714,1663,2694,396r3,816r2,013
Income tax expense2,2739758601,0748835475631,358r297292
Net income6,9987,1776,8566,5255,8883,6192,7063,038r3,519r1,721
Earnings per share, basic8.718.688.167.496.473.952.893.00r3.28r1.56
Earnings per share, diluted8.668.618.117.446.403.922.862.96r3.25r1.54
Weighted average shares, basic8048278408719109169371,0131,0731,107
Weighted average shares, diluted8088348458779199239451,0261,0841,116
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
us-gaap:InvestmentIncomeNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton AMAT · research, not advice