Applied Materials Announces Fourth Quarter and Fiscal Year 2026 Results
Key Highlights
- ➤Q4 revenue $10.41 billion, up 53 percent year over year
- ➤Q4 non-GAAP EPS $4.16, up 92 percent year over year
- ➤FY2026 revenue $34.45 billion, up 21 percent year over year
- ➤Q1 FY2027 revenue outlook $11.1 billion, plus or minus $500 million
- ➤Semiconductor Systems FY2026 revenue $26.14 billion, up from $21.44 billion
Expert Statements
Gary Dickerson, President and CEO of Applied Materials
“Applied Materials delivered record results in fiscal 2026, and we are on track to grow our Semiconductor Systems business more than 40 percent in our calendar 2026.”
Gary Dickerson, President and CEO of Applied Materials
“AI continues to fuel strong incremental demand for semiconductors and Applied has built the most-enabling portfolio to advance the AI-computing roadmap, putting us in a great position for multi-year revenue and profit growth.”
Brice Hill, Senior Vice President and CFO of Applied Materials
“With technology leadership in the most critical areas of the wafer fab equipment market, Applied Materials increased fiscal fourth quarter revenue by 53 percent year over year and non-GAAP earnings per share by 92 percent.”
Brice Hill, Senior Vice President and CFO of Applied Materials
“We generated record quarterly free cash flow of $2.6 billion and distributed over $2.4 billion to shareholders, including the largest quarterly share buyback in more than eight years.”
* Record quarterly revenue $10.41 billion, up 53 percent year over year * Quarterly GAAP gross margin 50.4 percent and non-GAAP gross margin 50.6 percent, up 240 basis points and 250 basis points year over year, respectively * Quarterly GAAP EPS $3.40 and record non-GAAP EPS $4.16, up 43 percent and 92 percent year over year, respectively * Record annual revenue $34.45 billion, up 21 percent year over year * Annual GAAP gross margin 50.0 percent and non-GAAP gross margin 50.1 percent, both up 130 basis points year over year * Record annual GAAP EPS $12.62 and record non-GAAP EPS $12.89, up 46 percent and 37 percent year over year, respectively * Unveiled the EPIC Center in Silicon Valley and added four new R&D partnerships, bringing our total number of announced EPIC engagements to 15 SANTA CLARA, Calif., Nov. 12, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 25, 2026.
Get started
Create a free account to read the full story.