Applied Materials posts $10.41 billion in quarterly revenue
The chip equipment supplier recorded fiscal 2026 sales of $34.31 billion and forecast first-quarter revenue of $11.1 billion, plus or minus $500 million.
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Applied Materials’ fiscal fourth-quarter revenue rose 53% from a year earlier to $10.41 billion, helping the semiconductor equipment supplier reach record fiscal 2026 sales of $34.31 billion, up 21% from the prior year.
Net income rose to $2.71 billion from $1.89 billion a year earlier. Adjusted earnings were $4.16 per share, above the $4.06 analysts had expected; revenue also exceeded their $10.3 billion estimate, SiliconANGLE said.
Equipment demand and business results
Applied Materials makes equipment used in chip manufacturing, including machines for advanced chips used in superintelligence (SI) workloads. CEO Gary Dickerson said SI was fueling additional demand for semiconductors and expected the company’s equipment portfolio to support revenue and profit growth over several years.
| Business | Latest quarter | Year-earlier quarter |
|---|---|---|
| Semiconductor Systems | $7.99 billion | $4.88 billion |
| Applied Global Services | $1.89 billion | $1.5 billion |
Dickerson said Semiconductor Systems was on track to grow more than 40% in calendar 2026.
First-quarter outlook
For its first quarter, Applied Materials forecast revenue of about $11.1 billion, plus or minus $500 million. The midpoint was above the $10.89 billion average analyst estimate compiled by LSEG, CNA said.
The company also forecast earnings of $4.35 per share at the midpoint of its guidance, compared with analyst expectations of $4.24 per share cited by SiliconANGLE.
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