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Applied Materials, Inc.

AMAT

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

10/26/2025

Revenue
28,368
Cost of Revenue
14,560
Gross Profit
13,808
Gross Margin
48.7%
Operating Income
8,289
Operating Margin
29.2%
Net Income
6,998
Net Margin
24.7%
EPS (Basic)
$8.71
EPS (Diluted)
$8.66
EBITDA
9,650
EBITDA Margin
34.0%

2024

10/27/2024

Revenue
27,176
Cost of Revenue
14,279
Gross Profit
12,897
Gross Margin
47.5%
Operating Income
7,867
Operating Margin
28.9%
Net Income
7,177
Net Margin
26.4%
EPS (Basic)
$8.68
EPS (Diluted)
$8.61
EBITDA
8,791
EBITDA Margin
32.3%

2023

10/29/2023

Revenue
26,517
Cost of Revenue
14,133
Gross Profit
12,384
Gross Margin
46.7%
Operating Income
7,654
Operating Margin
28.9%
Net Income
6,856
Net Margin
25.9%
EPS (Basic)
$8.16
EPS (Diluted)
$8.11
EBITDA
8,456
EBITDA Margin
31.9%

2022

10/30/2022

Revenue
25,785
Cost of Revenue
13,792
Gross Profit
11,993
Gross Margin
46.5%
Operating Income
7,788
Operating Margin
30.2%
Net Income
6,525
Net Margin
25.3%
EPS (Basic)
$7.49
EPS (Diluted)
$7.44
EBITDA
8,258
EBITDA Margin
32.0%

2021

10/31/2021

Revenue
23,063
Cost of Revenue
12,149
Gross Profit
10,914
Gross Margin
47.3%
Operating Income
6,889
Operating Margin
29.9%
Net Income
5,888
Net Margin
25.5%
EPS (Basic)
$6.47
EPS (Diluted)
$6.40
EBITDA
7,388
EBITDA Margin
32.0%