AMAT
Applied Materials, Inc.
NASDAQ · USTechnologySemiconductors
$525.70-0.75%
Price as of Jul 20, 2026
AMAT financials
Applied Materials, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $28.4B | $27.2B | $26.5B | $25.8B |
| Cost of revenue | $14.6B | $14.3B | $14.1B | $13.8B |
| Gross profit | $13.8B | $12.9B | $12.4B | $12.0B |
| Operating expenses | $5.5B | $5.0B | $4.7B | $4.2B |
| Operating income | $8.3B | $7.9B | $7.7B | $7.8B |
| Net income | $7.0B | $7.2B | $6.9B | $6.5B |
| EBITDA | $9.7B | $8.8B | $8.5B | $8.3B |
| Basic EPS | $8.71 | $8.68 | $8.16 | $7.49 |
| Diluted EPS | $8.66 | $8.61 | $8.11 | $7.44 |
| Balance sheet | ||||
| Cash & equivalents | $7.2B | $8.0B | $6.1B | $2.0B |
| Total assets | $36.3B | $34.4B | $30.7B | $26.7B |
| Total liabilities | $15.9B | $15.4B | $14.4B | $14.5B |
| Stockholders’ equity | $20.4B | $19.0B | $16.3B | $12.2B |
| Total debt | $7.0B | $6.6B | $6.0B | $5.8B |
| Net debt | -$191.0M | -$1.4B | -$133.0M | $3.8B |
| Cash flow | ||||
| Operating cash flow | $8.0B | $8.7B | $8.7B | $5.4B |
| Capital expenditure | -$2.3B | -$1.2B | -$1.1B | -$787.0M |
| Free cash flow | $5.7B | $7.5B | $7.6B | $4.6B |
| Dividends paid | -$1.4B | -$1.2B | -$975.0M | -$873.0M |
| Share repurchases | -$4.9B | -$3.8B | -$2.2B | -$6.1B |