Applied Materials, Inc.

AMATNASDAQ

$376.64

Last price · USD

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Applied Materials, Inc. income statement

Annual · USD millions except per-share data · 28 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	28,368	27,176	26,517	25,785	23,063	+5.3%
Cost of revenue	14,560	14,279	14,133	13,792	12,149	+4.6%
Gross profit	13,808	12,897	12,384	11,993	10,914	+6.1%
Operating expenses & income
Research & development	3,570	3,233	3,102	2,771	2,485	+9.5%
General & administrative	910	961	852	735	620	+10.1%
Selling & marketing	858	836	776	703	609	+8.9%
SG&A (combined)	1,768	1,797	1,628	1,438	1,229	+9.5%
Total operating expenses	5,519	5,030	4,730	4,209	4,025	+8.2%
Cost and expenses	20,079	19,309	18,863	17,997	16,174	+5.6%
Operating income	8,289	7,867	7,654	7,788	6,889	+4.7%
Non-operating & other
Interest income	0	532	300	39	118	—
Interest expense	269	247	238	228	236	+3.3%
Net interest income	(269)	285	62	(189)	(118)	—
Non-operating income (excl. interest)	(1,251)	(532)	(300)	(39)	(118)	—
Other expenses	181	0	0	0	311	-12.7%
Total other income (expenses), net	982	285	62	(189)	(118)	—
Profitability
Depreciation & amortization	435	392	515	444	394	+2.5%
Income before tax	9,271	8,152	7,716	7,599	6,771	+8.2%
Income tax expense	2,273	975	860	1,074	883	+26.7%
Net income from continuing operations	6,998	7,177	6,856	6,525	5,888	+4.4%
Net income	6,998	7,177	6,856	6,525	5,888	+4.4%
Bottom line net income	6,998	7,177	6,856	6,525	5,888	+4.4%
Additional fields
Ebit	9,540	8,399	7,954	7,827	7,007	+8.0%
Ebitda	9,975	8,791	8,456	8,258	7,388	+7.8%
Eps	$8.71	$8.68	$8.16	$7.49	$6.47	+7.7%
Eps Diluted	$8.66	$8.61	$8.11	$7.44	$6.40	+7.9%
Weighted Average Shs Out	804	827	840	871	910	-3.0%
Weighted Average Shs Out Dil	808	834	845	877	919	-3.2%