Form 10-Q · Quarterly report
Applied Materials 10-Q, filed Aug 20, 2026
- Filed
- CIK
- 0000006951
- Accession no.
- 0001628280-26-058235
Summary
Applied Materials reported fiscal third-quarter 2026 revenue of $9.12 billion, up 25% from $7.30 billion a year earlier, with net income of $2.54 billion and diluted earnings per share of $3.17, versus $1.78 billion and $2.22. The company said memory customers increased spending on DRAM technology transitions and foundry and logic customers spent more on leading-edge manufacturing, while U.S. export licensing requirements and tariffs continued to limit its ability to serve customers in China.
Key points
- Gross margin rose to 50.3% from 48.8% and operating margin to 33.7% from 30.6% in the quarter.
- Semiconductor Systems revenue was $7.04 billion, up 27%, and Applied Global Services revenue was $1.78 billion, up 22%.
- Within Semiconductor Systems, foundry, logic and other accounted for 67% of quarterly revenue, DRAM 26% and NAND 7%.
- Effective in the first quarter of fiscal 2026, the 200mm equipment business moved from Applied Global Services to Semiconductor Systems, and corporate support costs are now fully allocated to reportable segments.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview We provide equipment, services and software to the semiconductor and related industries. Our customers include manufacturers of semiconductor wafers and chips and other electronic devices. Our customers’ products are used in a wide variety of products such as personal computing devices, mobile phones, artificial intelligence (AI) and data center servers, automobiles, connected devices, industrial applications and consumer electronics. …
An excerpt of the text as filed with the SEC, cut for length.
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