Revenue
$9.12B
Fiscal year ended 2026-07-26Operating income
$3.08B
Fiscal year ended 2026-07-26Free cash flow
$2.33B
Fiscal year ended 2026-07-26APPLIED MATERIALS INC /DE (AMAT) reported revenue of $9.12B and net income of $2.54B for the fiscal year ended 2026-07-26. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from APPLIED MATERIALS INC /DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Semiconductors & Related Devices.
Income
| Metric | 2026-07-26 | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.12B | $7.91B | $7.01B | $6.80B | $7.30B | $7.10B | $7.17B | $7.04B | $6.78B | $6.65B |
| Cost of revenue | $4.53B | $3.96B | $3.58B | $3.54B | $3.74B | $3.62B | $3.67B | $3.71B | $3.57B | $3.49B |
| Gross profit | $4.59B | $3.95B | $3.44B | $3.26B | $3.56B | $3.48B | $3.50B | $3.34B | $3.20B | $3.15B |
| Operating income | $3.08B | $2.52B | $1.83B | $1.71B | $2.23B | $2.17B | $2.18B | $2.05B | $1.94B | $1.91B |
| Net income | $2.54B | $2.81B | $2.03B | $1.90B | $1.78B | $2.14B | $1.18B | $1.73B | $1.70B | $1.72B |
| Research & development | $1.10B | $1.03B | $928.00M | $917.00M | $901.00M | $893.00M | $859.00M | $858.00M | $836.00M | $785.00M |
| Weighted-average diluted shares | shares 800.00M | shares 799.00M | shares 799.00M | Unavailable | shares 802.00M | shares 812.00M | shares 819.00M | Unavailable | shares 833.00M | shares 836.00M |
| Pretax income | $2.91B | $3.22B | $2.33B | $2.27B | $2.56B | $2.32B | $2.12B | $1.90B | $1.96B | $1.99B |
| Income tax expense | $369.00M | $419.00M | $302.00M | $370.00M | $784.00M | $185.00M | $934.00M | $164.00M | $255.00M | $272.00M |
| Diluted EPS | $3.17 | $3.51 | $2.54 | Unavailable | $2.22 | $2.63 | $1.45 | Unavailable | $2.05 | $2.06 |
| Selling, general & administrative | $411.00M | $397.00M | $411.00M | $455.00M | $428.00M | $423.00M | $462.00M | $431.00M | $427.00M | $456.00M |
| General & administrative | $162.00M | $164.00M | $189.00M | $243.00M | $204.00M | $207.00M | $256.00M | $216.00M | $222.00M | $247.00M |
| Selling & marketing | $249.00M | $233.00M | $222.00M | $212.00M | $224.00M | $216.00M | $206.00M | $215.00M | $205.00M | $209.00M |
Balance
| Metric | 2026-07-26 | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $7.04B | $6.30B | $7.22B | $7.24B | $5.38B | $6.17B | $6.26B | $8.02B | $8.29B | $7.08B |
| Total assets | $43.52B | $40.29B | $37.64B | $36.30B | $34.21B | $33.63B | $33.34B | $34.41B | $33.65B | $31.95B |
| Current assets | $25.10B | $22.57B | $21.05B | $20.88B | $19.72B | $19.71B | $20.69B | $21.22B | $20.67B | $19.26B |
| Total liabilities | $17.90B | $16.38B | $15.93B | $15.88B | $14.71B | $14.67B | $14.71B | $15.41B | $14.81B | $13.75B |
| Current liabilities | $10.36B | $9.00B | $7.75B | $8.00B | $7.88B | $8.00B | $7.74B | $8.47B | $7.23B | $6.88B |
| Total equity incl. NCI | $25.63B | $23.91B | $21.72B | $20.42B | $19.50B | $18.96B | $18.62B | $19.00B | $18.84B | $18.20B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $6.56B | $6.34B | $6.00B | $5.92B | $5.81B | $5.66B | $5.50B | $5.42B | $5.57B | $5.69B |
| Accounts receivable | $7.69B | $6.37B | $4.98B | $5.18B | $5.77B | $6.19B | $6.00B | $5.23B | $4.97B | $4.78B |
| Goodwill | $3.87B | $3.82B | $3.71B | $3.71B | $3.75B | $3.75B | $3.77B | $3.73B | $3.73B | $3.73B |
| Long-term debt | $5.24B | $5.26B | $6.45B | $6.46B | $5.46B | $5.46B | $5.46B | $5.46B | $6.16B | $5.46B |
| Accounts payable | $2.39B | $2.20B | $1.92B | $1.98B | $1.77B | $1.80B | $1.74B | $1.57B | $1.47B | $1.46B |
Cash flow
| Metric | 2026-07-26 | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.04B | $845.00M | $1.69B | $2.83B | $2.63B | $1.57B | $925.00M | $2.58B | $2.38B | $1.39B |
| Capital expenditures | $707.00M | $635.00M | $646.00M | $785.00M | $584.00M | $510.00M | $381.00M | $407.00M | $297.00M | $257.00M |
| Investing cash flow | -$1.41B | -$959.00M | -$780.00M | -$139.00M | -$1.97B | $221.00M | -$897.00M | -$1.07B | -$660.00M | -$149.00M |
| Financing cash flow | -$889.00M | -$814.00M | -$931.00M | -$831.00M | -$1.46B | -$1.90B | -$1.79B | -$1.77B | -$522.00M | -$1.02B |
| Net change in cash | $735.00M | -$928.00M | -$25.00M | $1.86B | -$790.00M | -$111.00M | -$1.76B | -$265.00M | $1.20B | $221.00M |
| Stock-based compensation | $169.00M | $169.00M | $207.00M | $156.00M | $158.00M | $159.00M | $195.00M | $141.00M | $132.00M | $134.00M |
| Common dividends paid | $420.00M | $365.00M | $365.00M | $365.00M | $368.00M | $325.00M | $326.00M | $329.00M | $331.00M | $266.00M |
| Common share repurchases | $440.00M | $400.00M | $337.00M | $851.00M | $1.06B | $1.67B | $1.32B | $1.44B | $861.00M | $820.00M |
| Depreciation & amortization | $151.00M | $135.00M | $127.00M | $114.00M | $113.00M | $103.00M | $105.00M | $110.00M | $95.00M | $96.00M |
Derived
| Metric | 2026-07-26 | 2026-04-26 | 2026-01-25 | 2025-10-26 | 2025-07-27 | 2025-04-27 | 2025-01-26 | 2024-10-27 | 2024-07-28 | 2024-04-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $2.33B | $210.00M | $1.04B | $2.04B | $2.05B | $1.06B | $544.00M | $2.17B | $2.09B | $1.14B |
| Gross margin | 50.3% | 49.9% | 49.0% | 48.0% | 48.8% | 49.1% | 48.8% | 47.3% | 47.3% | 47.4% |
| Operating margin | 33.7% | 31.9% | 26.1% | 25.2% | 30.6% | 30.5% | 30.4% | 29.0% | 28.7% | 28.8% |
| FCF margin | 25.6% | 2.7% | 14.8% | 30.0% | 28.1% | 14.9% | 7.6% | 30.8% | 30.8% | 17.1% |
| SBC / revenue | 1.9% | 2.1% | 3.0% | 2.3% | 2.2% | 2.2% | 2.7% | 2.0% | 1.9% | 2.0% |
| Current ratio | 2.42x | 2.51x | 2.71x | 2.61x | 2.50x | 2.46x | 2.68x | 2.51x | 2.86x | 2.80x |
| Revenue YoY growth | 24.8% | 11.4% | -2.1% | -3.5% | 7.7% | 6.8% | 6.8% | 4.8% | 5.5% | 0.2% |
| Net margin | 27.8% | 35.5% | 28.9% | 27.9% | 24.4% | 30.1% | 16.5% | 24.6% | 25.2% | 25.9% |
| R&D / revenue | 12.1% | 13.0% | 13.2% | 13.5% | 12.3% | 12.6% | 12.0% | 12.2% | 12.3% | 11.8% |
| CapEx / revenue | 7.8% | 8.0% | 9.2% | 11.5% | 8.0% | 7.2% | 5.3% | 5.8% | 4.4% | 3.9% |
| Long-term debt / equity | 0.20x | Unavailable | Unavailable | 0.32x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 12.7% | 13.0% | 13.0% | 16.3% | 30.6% | 8.0% | 44.1% | 8.7% | 13.0% | 13.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AMAT in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-20View SEC filing
10-Q · Filed 2026-05-21View SEC filing
10-Q · Filed 2026-02-19View SEC filing
10-K · Filed 2025-12-12View SEC filing
10-Q · Filed 2025-08-21View SEC filing
10-Q · Filed 2025-05-22View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.