Stock research

Applied Materials, Inc. (AMAT) Stock Research

Applied Materials makes the manufacturing equipment that chipmakers use to fabricate semiconductors.

For the fiscal year ended October 26, 2025, Applied Materials, Inc. reported revenue of $28.4B and net income of $7.0B, with operating cash flow of $8.0B. Source: Form 10-K filed December 12, 2025

SEC data as of

Revenue
$28.4B
FY ending 2025-10-26
Net income
$7.0B
FY ending 2025-10-26
Diluted EPS
$8.66
Net margin
24.7%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Applied Materials

As the largest supplier in its field, its orders serve as a leading indicator of industry capital spending.

Exchange
NASDAQ: AMAT
Sector
Information Technology
SEC industry
Semiconductors & Related Devices (SIC 3674)
Fiscal year end
October 26
Headquarters
Santa Clara, California
Founded
1967

AMAT key financials

Reported figures from Applied Materials, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$28.4B2024-10-28 – 2025-10-26SEC filing
Net income$7.0B2024-10-28 – 2025-10-26SEC filing
Operating cash flow$8.0B2024-10-28 – 2025-10-26SEC filing
Diluted EPS$8.662024-10-28 – 2025-10-26SEC filing
Net margin24.7%2024-10-28 – 2025-10-26SEC filing
Shares outstanding794MAs of 2026-01-25SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in AMAT

Applied Materials, Inc. sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for AMAT; the forces that matter most for the sector are:

  • ◆The AI capital-expenditure cycle
  • ◆Interest rates and the cost of long-duration growth
  • ◆Enterprise IT budgets and cloud migration
  • ◆Export controls and the US–China chip race

Key questions for the AMAT thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does AMAT's reported profit turn into cash?

Operating cash flow was $8.0B, 1.14 times net income of $7.0B, for the fiscal year ended October 26, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed December 12, 2025

How much of AMAT's revenue is left as profit?

Net income was 24.7% of revenue for the fiscal year ended October 26, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed December 12, 2025

When does Applied Materials, Inc.'s fiscal year end?

The SEC lists Applied Materials, Inc.'s fiscal year end as October 26, not December 31. The latest annual figures here run from October 28, 2024 to October 26, 2025.

Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.

Form 10-K filed December 12, 2025

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Congressional trading in AMAT

PoliticianTrade dateTypeOwnerAmountSource
Josh Gottheimer2026-08-06PurchaseJoint$1,001 - $15,000Filing #20035455
John McGuire2026-07-15PurchaseSpouse$1,001 - $15,000Filing #20035180
Jared Moskowitz2026-07-13PurchaseSelf$1,001 - $15,000Filing #20035243
Dan Newhouse2026-07-10SaleSpouse$1,001 - $15,000Filing #20034998
Jared Moskowitz2026-06-18PurchaseDependent$1,001 - $15,000Filing #20034963
Jared Moskowitz2026-06-18PurchaseDependent$1,001 - $15,000Filing #20034963
Jared Moskowitz2026-06-18PurchaseSelf$1,001 - $15,000Filing #20034963
Alan Armstrong2026-03-27PurchaseSelf$15,001 - $50,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
John Boozman2026-02-27SaleJoint$1,001 - $15,000Filing #2b56957f-6859-43e2-a447-898509c7f142
Dan Newhouse2025-08-18PurchaseSpouse$1,001 - $15,000Filing #20032091

All verified AMAT congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

AMAT — frequently asked questions

What does Applied Materials, Inc. do?

Applied Materials makes the manufacturing equipment that chipmakers use to fabricate semiconductors.

What were AMAT's latest reported annual revenue and net income?

For the fiscal year ended October 26, 2025, Applied Materials, Inc. reported revenue of $28.4B and net income of $7.0B, with operating cash flow of $8.0B. The figures come from Applied Materials, Inc.'s SEC XBRL filings.

When does Applied Materials, Inc.'s fiscal year end?

The SEC lists Applied Materials, Inc.'s fiscal year end as October 26.

Do members of Congress trade AMAT?

The current verified House and Senate snapshot contains 28 transaction rows for AMAT, each linked to the original filing.

Where is Applied Materials, Inc. headquartered?

Applied Materials, Inc. is headquartered in Santa Clara, California and was founded in 1967.

Is AMAT a good investment?

This page does not rate AMAT as a buy or sell. It sets out what Applied Materials, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the AMAT numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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