Financials in USD. Standardized financial statements.
A compact view of how Applied Materials, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $28.37B | $27.18B | $26.52B | $25.79B | $23.06B | $17.20B | $14.61B | $16.70B | $14.70B | $10.82B |
| Revenue Growth? | +4.4% | +2.5% | +2.8% | +11.8% | +34.1% | +17.8% | -12.6% | +13.7% | +35.8% | 0.0% |
| Cost of Revenue? | $14.56B | $14.28B | $14.13B | $13.79B | $12.15B | $9.51B | $8.22B | $9.19B | $8.09B | $6.31B |
| Gross Profit? | $13.81B | $12.90B | $12.38B | $11.99B | $10.91B | $7.69B | $6.39B | $7.52B | $6.61B | $4.51B |
| Gross Margin? | +48.7% | +47.5% | +46.7% | +46.5% | +47.3% | +44.7% | +43.7% | +45.0% | +45.0% | +41.7% |
| Operating Expenses? | $5.52B | $5.03B | $4.73B | $4.21B | $4.03B | $3.33B | $3.04B | $3.02B | $2.66B | $2.36B |
| Operating Income? | $8.29B | $7.87B | $7.65B | $7.79B | $6.89B | $4.37B | $3.35B | $4.49B | $3.94B | $2.15B |
| EBITDA? | $9.65B | $8.79B | $8.46B | $8.26B | $7.39B | $4.78B | $3.87B | $5.08B | $4.42B | $2.56B |
| Income Before Tax | $9.27B | $8.15B | $7.72B | $7.60B | $6.77B | $4.17B | $3.27B | $4.40B | $3.82B | $2.01B |
| Income Tax Expense | $2.27B | $975.00M | $860.00M | $1.07B | $883.00M | $547.00M | $563.00M | $1.36B | $297.00M | $292.00M |
| Net Income? | $7.00B | $7.18B | $6.86B | $6.53B | $5.89B | $3.62B | $2.71B | $3.04B | $3.52B | $1.72B |
| EPS? | $8.71 | $8.68 | $8.16 | $7.49 | $6.47 | $3.95 | $2.89 | $3.00 | $3.20 | $1.56 |
| Diluted EPS? | $8.66 | $8.61 | $8.11 | $7.44 | $6.40 | $3.92 | $2.86 | $2.96 | $3.17 | $1.54 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality