Applied Matls Inc Financials

AMAT

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Key Financial Metrics

Revenue

$28.4B

YoY+4.4%

5Y CAGR+10.5%

10Y CAGR+11.4%

Applied Matls Inc generated $28.4B in revenue in fiscal year 2025. This represents an increase of 4.4% from the prior year.

EBITDA

$8.7B

YoY+5.6%

5Y CAGR+13.0%

10Y CAGR+15.5%

Applied Matls Inc's EBITDA was $8.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.6% from the prior year.

Free Cash Flow

$5.7B

YoY-23.9%

5Y CAGR+11.0%

10Y CAGR+19.6%

Applied Matls Inc generated $5.7B in free cash flow in fiscal year 2025, representing cash available after capital expenditures. This represents a decrease of 23.9% from the prior year.

Net Income

$7.0B

YoY-2.5%

5Y CAGR+14.1%

10Y CAGR+17.7%

Applied Matls Inc reported $7.0B in net income in fiscal year 2025. This represents a decrease of 2.5% from the prior year.

EPS (Diluted)

$8.66

YoY+0.6%

5Y CAGR+17.2%

10Y CAGR+22.7%

Applied Matls Inc earned $8.66 per diluted share in fiscal year 2025. This represents an increase of 0.6% from the prior year.

Cash & Debt

$7.2B

YoY+15.6%

5Y CAGR+3.1%

10Y CAGR+9.4%

Applied Matls Inc held $7.2B in cash against $6.5B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

793M

YoY-2.5%

5Y CAGR-2.8%

10Y CAGR-3.6%

Applied Matls Inc had 793M shares outstanding in fiscal year 2025. This represents a decrease of 2.5% from the prior year.

Gross Margin

48.7%

YoY+1.2pp

5Y CAGR+4.0pp

10Y CAGR+7.8pp

Applied Matls Inc's gross margin was 48.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.2 percentage points from the prior year.

Operating Margin

29.2%

YoY+0.3pp

5Y CAGR+3.9pp

10Y CAGR+11.7pp

Applied Matls Inc's operating margin was 29.2% in fiscal year 2025, reflecting core business profitability. This is up 0.3 percentage points from the prior year.

Net Margin

24.7%

YoY-1.7pp

5Y CAGR+3.6pp

10Y CAGR+10.4pp

Applied Matls Inc's net profit margin was 24.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.7 percentage points from the prior year.

Return on Equity

34.3%

YoY-4.2pp

5Y CAGR+2.7pp

10Y CAGR+15.1pp

Applied Matls Inc's return on equity was 34.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.

R&D Spending

$3.6B

YoY+10.4%

5Y CAGR+9.8%

10Y CAGR+9.4%

Applied Matls Inc invested $3.6B in research and development in fiscal year 2025. This represents an increase of 10.4% from the prior year.

Share Buybacks

$4.9B

YoY+28.0%

5Y CAGR+49.8%

10Y CAGR+14.0%

Applied Matls Inc spent $4.9B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 28.0% from the prior year.

Capital Expenditures

$2.3B

YoY+89.9%

5Y CAGR+39.9%

10Y CAGR+26.5%

Applied Matls Inc invested $2.3B in capital expenditures in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 89.9% from the prior year.

AMAT Income Statement

Metric	FY25	FY25	FY25	FY24	FY23	FY22
Revenue	$28.4B+4.4%	$27.2B+2.5%	$26.5B+2.8%	$25.8B+11.8%	$23.1B+34.1%	$17.2B
Cost of Revenue	$14.6B+2.0%	$14.3B+1.0%	$14.1B+2.5%	$13.8B+13.5%	$12.1B+27.7%	$9.5B
Gross Profit	$13.8B+7.1%	$12.9B+4.1%	$12.4B+3.3%	$12.0B+9.9%	$10.9B+41.9%	$7.7B
R&D Expenses	$3.6B+10.4%	$3.2B+4.2%	$3.1B+11.9%	$2.8B+11.5%	$2.5B+11.2%	$2.2B
SG&A Expenses	$1.8B-1.6%	$1.8B+10.4%	$1.6B+121.5%	$735.0M+18.5%	$620.0M+9.3%	$567.0M
Operating Income	$8.3B+5.4%	$7.9B+2.8%	$7.7B-1.7%	$7.8B+13.0%	$6.9B+57.8%	$4.4B
Interest Expense	$269.0M+8.9%	$247.0M+3.8%	$238.0M+4.4%	$228.0M-3.4%	$236.0M-1.7%	$240.0M
Income Tax	$2.3B+133.1%	$975.0M+13.4%	$860.0M-19.9%	$1.1B+21.6%	$883.0M+61.4%	$547.0M
Net Income	$7.0B-2.5%	$7.2B+4.7%	$6.9B+5.1%	$6.5B+10.8%	$5.9B+62.7%	$3.6B
EPS (Diluted)	$8.66+0.6%	$8.61+6.2%	$8.11+9.0%	$7.44+16.3%	$6.40+63.3%	$3.92

Metric	Q3'25	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25
Revenue	N/A	$7.3B+2.8%	$7.1B-0.9%	$7.2B	N/A	$6.8B+2.0%	$6.6B-0.9%	$6.7B
Cost of Revenue	N/A	$3.7B+3.5%	$3.6B-1.5%	$3.7B	N/A	$3.6B+2.3%	$3.5B-0.3%	$3.5B
Gross Profit	N/A	$3.6B+2.2%	$3.5B-0.3%	$3.5B	N/A	$3.2B+1.6%	$3.2B-1.6%	$3.2B
R&D Expenses	N/A	$901.0M+0.9%	$893.0M+4.0%	$859.0M	N/A	$836.0M+6.5%	$785.0M+4.1%	$754.0M
SG&A Expenses	N/A	$204.0M-1.4%	$207.0M-19.1%	$256.0M	N/A	$222.0M-10.1%	$247.0M-10.5%	$276.0M
Operating Income	N/A	$2.2B+3.0%	$2.2B-0.3%	$2.2B	N/A	$1.9B+1.6%	$1.9B-2.8%	$2.0B
Interest Expense	N/A	$66.0M-2.9%	$68.0M+6.3%	$64.0M	N/A	$63.0M+6.8%	$59.0M0.0%	$59.0M
Income Tax	N/A	$784.0M+323.8%	$185.0M-80.2%	$934.0M	N/A	$255.0M-6.3%	$272.0M-4.2%	$284.0M
Net Income	N/A	$1.8B-16.8%	$2.1B+80.3%	$1.2B	N/A	$1.7B-1.0%	$1.7B-14.7%	$2.0B
EPS (Diluted)	N/A	$2.22-15.6%	$2.63+81.4%	$1.45	N/A	$2.05-0.5%	$2.06-14.5%	$2.41

AMAT Balance Sheet

Metric	FY25	FY25	FY25	FY24	FY23	FY22
Total Assets	$36.3B+8.9%	$33.3B+5.7%	$31.5B+12.8%	$28.0B+10.0%	$25.4B+9.1%	$23.3B
Current Assets	$20.9B+0.9%	$20.7B+7.9%	$19.2B+14.8%	$16.7B+6.4%	$15.7B+10.1%	$14.3B
Cash & Equivalents	$7.2B+15.6%	$6.3B-8.6%	$6.9B+93.2%	$3.5B-32.6%	$5.3B-15.3%	$6.2B
Inventory	$5.9B+7.5%	$5.5B-2.6%	$5.6B-6.7%	$6.1B+33.8%	$4.5B+15.3%	$3.9B
Accounts Receivable	$5.2B-13.6%	$6.0B+27.6%	$4.7B-12.7%	$5.4B+22.2%	$4.4B+44.7%	$3.0B
Goodwill	$3.7B-1.6%	$3.8B+1.0%	$3.7B+0.4%	$3.7B+6.9%	$3.5B0.0%	$3.5B
Total Liabilities	$15.9B+8.0%	$14.7B+4.3%	$14.1B-2.9%	$14.5B+7.4%	$13.5B+14.4%	$11.8B
Current Liabilities	$8.0B+3.4%	$7.7B+9.3%	$7.1B-2.4%	$7.3B+15.7%	$6.3B+39.1%	$4.5B
Long-Term Debt	$6.5B+18.2%	$5.5B0.0%	$5.5B+0.1%	$5.5B+0.1%	$5.5B+0.1%	$5.4B
Total Equity	$20.4B+9.6%	$18.6B+6.9%	$17.4B+29.9%	$13.4B+12.9%	$11.9B+3.6%	$11.5B
Retained Earnings	$55.2B+9.3%	$50.5B+11.1%	$45.5B+15.5%	$39.4B+16.4%	$33.8B+20.2%	$28.1B

Metric	Q3'25	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25
Total Assets	$36.3B+6.1%	$34.2B+1.7%	$33.6B+0.9%	$33.3B-3.1%	$34.4B+2.3%	$33.6B+5.3%	$31.9B+1.3%	$31.5B
Current Assets	$20.9B+5.9%	$19.7B+0.1%	$19.7B-4.8%	$20.7B-2.5%	$21.2B+2.7%	$20.7B+7.3%	$19.3B+0.4%	$19.2B
Cash & Equivalents	$7.2B+34.5%	$5.4B-12.7%	$6.2B-1.5%	$6.3B-21.9%	$8.0B-3.2%	$8.3B+17.0%	$7.1B+3.4%	$6.9B
Inventory	$5.9B+1.9%	$5.8B+2.7%	$5.7B+2.8%	$5.5B+1.5%	$5.4B-2.6%	$5.6B-2.2%	$5.7B+0.8%	$5.6B
Accounts Receivable	$5.2B-10.2%	$5.8B-6.7%	$6.2B+3.2%	$6.0B+14.6%	$5.2B+5.3%	$5.0B+4.0%	$4.8B+1.7%	$4.7B
Goodwill	$3.7B-1.1%	$3.7B0.0%	$3.7B-0.5%	$3.8B+1.0%	$3.7B0.0%	$3.7B0.0%	$3.7B0.0%	$3.7B
Total Liabilities	$15.9B+8.0%	$14.7B+0.2%	$14.7B-0.3%	$14.7B-4.5%	$15.4B+4.1%	$14.8B+7.7%	$13.8B-2.6%	$14.1B
Current Liabilities	$8.0B+1.5%	$7.9B-1.4%	$8.0B+3.4%	$7.7B-8.6%	$8.5B+17.2%	$7.2B+5.0%	$6.9B-2.7%	$7.1B
Long-Term Debt	$6.5B+18.2%	$5.5B0.0%	$5.5B0.0%	$5.5B0.0%	$5.5B-11.3%	$6.2B+12.7%	$5.5B0.0%	$5.5B
Total Equity	$20.4B+4.7%	$19.5B+2.9%	$19.0B+1.8%	$18.6B-2.0%	$19.0B+0.9%	$18.8B+3.5%	$18.2B+4.4%	$17.4B
Retained Earnings	$55.2B+2.9%	$53.7B+2.7%	$52.3B+3.5%	$50.5B+1.7%	$49.7B+2.9%	$48.2B+2.9%	$46.9B+3.1%	$45.5B

AMAT Cash Flow Statement

Metric	FY25	FY25	FY25	FY24	FY23	FY22
Operating Cash Flow	$8.0B-8.3%	$8.7B-0.3%	$8.7B+61.1%	$5.4B-0.8%	$5.4B+43.1%	$3.8B
Capital Expenditures	$2.3B+89.9%	$1.2B+7.6%	$1.1B+40.5%	$787.0M+17.8%	$668.0M+58.3%	$422.0M
Free Cash Flow	$5.7B-23.9%	$7.5B-1.4%	$7.6B+64.7%	$4.6B-3.4%	$4.8B+41.2%	$3.4B
Investing Cash Flow	-$2.8B-19.6%	-$2.3B-51.6%	-$1.5B-13.1%	-$1.4B-11.6%	-$1.2B-835.4%	-$130.0M
Financing Cash Flow	-$6.0B-33.7%	-$4.5B-47.4%	-$3.0B+57.0%	-$7.0B-53.4%	-$4.6B-243.4%	-$1.3B
Dividends Paid	$1.4B+16.1%	$1.2B+22.3%	$975.0M+11.7%	$873.0M+4.2%	$838.0M+6.5%	$787.0M
Share Buybacks	$4.9B+28.0%	$3.8B+74.6%	$2.2B-64.1%	$6.1B+62.7%	$3.8B+477.8%	$649.0M

Metric	Q3'25	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	N/A	N/A	N/A	$925.0M	N/A	N/A	N/A	$2.3B
Capital Expenditures	N/A	N/A	N/A	$381.0M	N/A	N/A	N/A	$229.0M
Free Cash Flow	N/A	N/A	N/A	$544.0M	N/A	N/A	N/A	$2.1B
Investing Cash Flow	N/A	N/A	N/A	-$897.0M	N/A	N/A	N/A	-$447.0M
Financing Cash Flow	N/A	N/A	N/A	-$1.8B	N/A	N/A	N/A	-$1.2B
Dividends Paid	N/A	N/A	N/A	$326.0M	N/A	N/A	N/A	$266.0M
Share Buybacks	N/A	N/A	N/A	$1.3B	N/A	N/A	N/A	$700.0M

AMAT Financial Ratios

Metric	FY25	FY25	FY25	FY24	FY23	FY22
Gross Margin	48.7%+1.2pp	47.5%+0.8pp	46.7%+0.2pp	46.5%-0.8pp	47.3%+2.6pp	44.7%
Operating Margin	29.2%+0.3pp	28.9%+0.1pp	28.9%-1.3pp	30.2%+0.3pp	29.9%+4.5pp	25.4%
Net Margin	24.7%-1.7pp	26.4%+0.6pp	25.9%+0.6pp	25.3%-0.2pp	25.5%+4.5pp	21.0%
Return on Equity	34.3%-4.2pp	38.5%-0.8pp	39.3%-9.3pp	48.6%-0.9pp	49.5%+18.0pp	31.5%
Return on Assets	19.3%-2.2pp	21.5%-0.2pp	21.7%-1.6pp	23.3%+0.2pp	23.2%+7.6pp	15.5%
Current Ratio	2.61-0.1	2.67-0.0	2.71+0.4	2.31-0.2	2.51-0.7	3.17
Debt-to-Equity	0.32+0.0	0.29-0.0	0.31-0.1	0.41-0.1	0.46-0.0	0.47
FCF Margin	20.1%-7.5pp	27.6%-1.1pp	28.6%+10.7pp	17.9%-2.8pp	20.7%+1.0pp	19.7%

Metric	Q3'25	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25
Gross Margin	N/A	48.8%-0.3pp	49.1%+0.3pp	48.8%	N/A	47.3%-0.2pp	47.4%-0.3pp	47.8%
Operating Margin	N/A	30.6%+0.0pp	30.6%+0.2pp	30.3%	N/A	28.6%-0.1pp	28.8%-0.6pp	29.3%
Net Margin	N/A	24.4%-5.7pp	30.1%+13.6pp	16.5%	N/A	25.1%-0.8pp	25.9%-4.2pp	30.1%
Return on Equity	N/A	9.1%-2.1pp	11.3%+4.9pp	6.4%	N/A	9.0%-0.4pp	9.5%-2.1pp	11.6%
Return on Assets	N/A	5.2%-1.2pp	6.3%+2.8pp	3.5%	N/A	5.1%-0.3pp	5.4%-1.0pp	6.4%
Current Ratio	2.61+0.1	2.50+0.0	2.46-0.2	2.67+0.2	2.51-0.4	2.86+0.1	2.80+0.1	2.71
Debt-to-Equity	0.32+0.0	0.280.0	0.290.0	0.290.0	0.29-0.0	0.33+0.0	0.30-0.0	0.31
FCF Margin	N/A	N/A	N/A	7.6%	N/A	N/A	N/A	31.3%

Frequently Asked Questions

What is Applied Matls Inc's annual revenue?

Applied Matls Inc (AMAT) reported $28.4B in revenue for fiscal year 2025.

How fast is Applied Matls Inc's revenue growing?

Applied Matls Inc (AMAT) revenue grew by 4.4% year-over-year, from $27.2B to $28.4B in fiscal year 2025.

Is Applied Matls Inc profitable?

Yes, Applied Matls Inc (AMAT) reported a net income of $7.0B in fiscal year 2025, with a net profit margin of 24.7%.

What is Applied Matls Inc's earnings per share (EPS)?

Applied Matls Inc (AMAT) reported diluted earnings per share of $8.66 for fiscal year 2025.

What is Applied Matls Inc's EBITDA?

Applied Matls Inc (AMAT) had EBITDA of $8.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Applied Matls Inc have?

As of fiscal year 2025, Applied Matls Inc (AMAT) had $7.2B in cash and equivalents against $6.5B in long-term debt.

What is Applied Matls Inc's gross margin?

Applied Matls Inc (AMAT) had a gross margin of 48.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Applied Matls Inc's operating margin?

Applied Matls Inc (AMAT) had an operating margin of 29.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Applied Matls Inc's net profit margin?

Applied Matls Inc (AMAT) had a net profit margin of 24.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Applied Matls Inc's return on equity (ROE)?

Applied Matls Inc (AMAT) has a return on equity of 34.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Applied Matls Inc's free cash flow?

Applied Matls Inc (AMAT) generated $5.7B in free cash flow during fiscal year 2025, representing cash available after capital expenditures.

What is Applied Matls Inc's operating cash flow?

Applied Matls Inc (AMAT) generated $8.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Applied Matls Inc's total assets?

Applied Matls Inc (AMAT) had $36.3B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Applied Matls Inc's capital expenditures?

Applied Matls Inc (AMAT) invested $2.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Applied Matls Inc spend on research and development?

Applied Matls Inc (AMAT) invested $3.6B in research and development during fiscal year 2025.

Does Applied Matls Inc buy back shares?

Yes, Applied Matls Inc (AMAT) spent $4.9B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Applied Matls Inc have outstanding?

Applied Matls Inc (AMAT) had 793M shares outstanding as of fiscal year 2025.

What is Applied Matls Inc's current ratio?

Applied Matls Inc (AMAT) had a current ratio of 2.61 as of fiscal year 2025, which is generally considered healthy.

What is Applied Matls Inc's debt-to-equity ratio?

Applied Matls Inc (AMAT) had a debt-to-equity ratio of 0.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Applied Matls Inc's return on assets (ROA)?

Applied Matls Inc (AMAT) had a return on assets of 19.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.