Applied Materials, Inc. (AMAT) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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AMAT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AMAT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 48.7% | 29.2% | 24.7% |
| 2024 | 47.5% | 28.9% | 26.4% |
| 2023 | 46.7% | 28.9% | 25.9% |
| 2022 | 46.5% | 30.2% | 25.3% |
| 2021 | 47.3% | 29.9% | 25.5% |
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Applied Materials, Inc. (AMAT) Earnings Overview
As of May 6, 2026, Applied Materials, Inc. (AMAT) reported trailing twelve-month net income of $7.00B, reflecting +0.6% year-over-year growth. The company earned $8.77 per diluted share over the past four quarters, with a net profit margin of 24.7%.
Looking at the long-term picture, AMAT's 5-year EPS compound annual growth rate (CAGR) stands at +17.2%, indicating exceptional earnings growth. The company achieved its highest annual net income of $7.18B in fiscal 2024.
Applied Materials, Inc. maintains industry-leading profitability with a gross margin of 48.7%, operating margin of 29.2%, and net margin of 24.7%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including LRCX ($6.71B net income, 29.1% margin), KLAC ($4.67B net income, 33.4% margin), ASML ($9.23B net income, 29.4% margin), AMAT has room to improve margins relative to the peer group. Compare AMAT vs LRCX →
AMAT Earnings vs Peers
Earnings metrics vs comparable public companies
AMAT Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.00B | -2.5% | $8.29B | $8.66 | 24.7% | 29.2% |
| 2024 | $7.18B | +4.7% | $7.87B | $8.61 | 26.4% | 28.9% |
| 2023 | $6.86B | +5.1% | $7.65B | $8.11 | 25.9% | 28.9% |
| 2022 | $6.53B | +10.8% | $7.79B | $7.44 | 25.3% | 30.2% |
| 2021 | $5.89B | +62.7% | $6.89B | $6.40 | 25.5% | 29.9% |
| 2020 | $3.62B | +33.7% | $4.37B | $3.92 | 21.0% | 25.4% |
| 2019 | $2.71B | -10.9% | $3.35B | $2.86 | 18.5% | 22.9% |
| 2018 | $3.04B | -13.7% | $4.49B | $2.96 | 18.2% | 26.9% |
| 2017 | $3.52B | +104.5% | $3.94B | $3.17 | 23.9% | 26.8% |
| 2016 | $1.72B | +25.0% | $2.15B | $1.54 | 15.9% | 19.9% |
Full AMAT Stock Analysis
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Start ComparisonAMAT — Frequently Asked Questions
Quick answers to the most common questions about buying AMAT stock.
Is AMAT growing earnings?
AMAT EPS of $8.77 reflects slowing growth at +0.6%, below the 5-year CAGR of +17.2%. TTM net income is $7.0B. Expansion rate has moderated.
What are AMAT's profit margins?
Applied Materials, Inc. net margin is +24.7%, with operating margin at +29.2%. Above-average margins indicate pricing power.
How consistent are AMAT's earnings?
AMAT earnings data spans 1989-2025. The current earnings trend is +0.6% YoY. Historical data enables comparison across business cycles.