AMAT Q4 FY2026 earnings: EPS beat by 2.5%, revenue beat by 1.0%
Applied Materials reported Q4 FY2026. EPS came in at $4.16 against a $4.06 consensus, beat by 2.5%. Revenue was $10.4B versus $10.3B expected, beat by 1.0%. Gross margin was 50.4%, up 10 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $4.16 | $4.06 | beat by 2.5% |
| Revenue | $10.4B | $10.3B | beat by 1.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $10.4B | +14.2% | +48.4% |
| Gross profit | $5.3B | +14.5% | +52.9% |
| Operating income | $3.4B | +10.3% | +61.9% |
| Net income | $2.7B | +7.1% | +34.2% |
| Diluted EPS | $3.40 | +7.3% | +33.9% |
| Gross margin: 50.4%. |
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The trend
Revenue is up 48.4% from the same quarter last year. Gross margin sits at 50.4%, a new high for the period charted.
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How it stacks up
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