Applied Materials Inc (AMAT) Financial Statements
Historical financial data — 43 statements covering FY2016–FY2025
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials h...
Applied Materials Inc's revenue increased 4.4% year over year, from $27.18B to $28.37B.
Net income decreased 2.5% over the same period, from $7.18B to $7.00B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 162% in total.
Total debt remained relatively stable at $6.55B.
The debt-to-equity ratio stands at 0.32, indicating a moderate leverage profile.
Operating cash flow declined 8.3% to $7.96B.
Applied Materials Inc maintains a strong net profit margin of 24.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2024 | $7.04B+3.9% | $1.73B | $3.33B | $2.05B | $2.58B | $34.41B | $6.26B | $19.00B |
| Q1 FY2025 | $7.17B+1.7% | $1.19B | $3.50B | $2.17B | $925.0M | $33.34B | $6.26B | $18.63B |
| Q2 FY2025 | $7.10B-0.9% | $2.14B | $3.48B | $2.17B | $1.57B | $33.63B | $6.26B | $18.96B |
| Q3 FY2025 | $7.30B+2.8% | $1.78B | $3.56B | $2.23B | $2.63B | $34.21B | $6.26B | $19.50B |
| Q4 FY2025 | $6.80B-6.9% | $1.90B | $3.27B | $1.71B | $2.83B | $36.30B | $6.55B | $20.41B |
| Q1 FY2026 | $7.01B+3.1% | $2.03B | $3.44B | $1.83B | $1.69B | $37.64B | $6.55B | $21.72B |
| Q2 FY2026 | $7.91B+12.8% | $2.81B | $3.95B | $2.52B | $845.0M | N/A | N/A | N/A |
| Q3 FY2026 | $9.12B+15.2% | $2.54B | $4.59B | $3.08B | $3.04B | N/A | N/A | N/A |
Balance Sheet Summary (Q1 FY2026)
Applied Materials Inc (AMAT) Financial Statements & Revenue History
Applied Materials Inc (AMAT) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry trading at $409.00 with a market capitalization of $325. This page provides 43 historical financial statements for Applied Materials Inc, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Applied Materials Inc reported revenue of $28.4 billion, representing 4.4% year-over-year growth. The net profit margin of 24.7% reflects strong profitability. The debt-to-equity ratio of 0.32 shows conservative leverage.
AMAT Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Applied Materials Inc's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether AMAT is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track AMAT's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Applied Materials Inc converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of AMAT's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use AMAT Financial Data
Investors use Applied Materials Inc's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare AMAT's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how AMAT's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View AMAT's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Applied Materials Inc's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.AMAT trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

