AMAT: reading the FY2025 financial structure
Annual revenue of USD 28.368 billion and net income of USD 6.998 billion for the period ended 2025-10-26.
Data through 2025-10-26
AMAT / Technology
Semiconductors & Related Devices
APPLIED MATERIALS INC /DE is an SEC-reporting issuer listed on NASDAQ under AMAT. Its SEC industry description is Semiconductors & Related Devices. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.
Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.
Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.
Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.
| Metric | 2025-10-26 | 2024-10-27 | Source filed |
|---|---|---|---|
| Revenue | USD 28,368m | USD 27,176m | 2025-12-12 |
| Operating income | USD 8,289m | USD 7,867m | 2025-12-12 |
| Net income | USD 6,998m | USD 7,177m | 2025-12-12 |
| Diluted EPS | USD 8.66 | USD 8.61 | 2025-12-12 |
| Operating cash flow | USD 7,958m | USD 8,677m | 2025-12-12 |
| Capital expenditure | USD 2,260m | USD 1,190m | 2025-12-12 |
| Free cash flow | USD 5,698m | USD 7,487m | 2025-12-12 |
| Gross margin | 48.67% | 47.46% | 2025-12-12 |
| Operating margin | 29.22% | 28.95% | 2025-12-12 |
FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.
{
"revenue": {
"start": "2024-10-28",
"end": "2025-10-26",
"val": 28368000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
"frame": "CY2025",
"tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
"unit": "USD"
},
"netIncome": {
"start": "2024-10-28",
"end": "2025-10-26",
"val": 6998000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
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},
"grossProfit": {
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"end": "2025-10-26",
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"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
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"frame": "CY2025",
"tag": "us-gaap:GrossProfit",
"unit": "USD"
},
"operatingIncome": {
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"end": "2025-10-26",
"val": 8289000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
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"tag": "us-gaap:OperatingIncomeLoss",
"unit": "USD"
},
"eps": {
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"end": "2025-10-26",
"val": 8.66,
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"fy": 2025,
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"tag": "us-gaap:EarningsPerShareDiluted",
"unit": "USD/shares"
},
"operatingCashFlow": {
"start": "2024-10-28",
"end": "2025-10-26",
"val": 7958000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
"frame": "CY2025",
"tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
"unit": "USD"
},
"capex": {
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"end": "2025-10-26",
"val": 2260000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
"frame": "CY2025",
"tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
"unit": "USD"
},
"totalAssets": {
"end": "2025-10-26",
"val": 36299000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
"tag": "us-gaap:Assets",
"unit": "USD"
},
"totalLiabilities": {
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"val": 15884000000,
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"fy": 2025,
"fp": "FY",
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"tag": "us-gaap:Liabilities",
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},
"shareholdersEquity": {
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"tag": "us-gaap:StockholdersEquity",
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},
"currentAssets": {
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"filed": "2025-12-12",
"tag": "us-gaap:AssetsCurrent",
"unit": "USD"
},
"currentLiabilities": {
"end": "2025-10-26",
"val": 7999000000,
"accn": "0001628280-25-056742",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2025-12-12",
"tag": "us-gaap:LiabilitiesCurrent",
"unit": "USD"
}
}Reported fiscal periods, not a live price chart.
Interactive chart loads in the browser. The full annual values are available below.
| Period end | Revenue | Net income | EPS |
|---|---|---|---|
| 2025-10-26 | USD 28,368m | USD 6,998m | USD 8.66 |
| 2024-10-27 | USD 27,176m | USD 7,177m | USD 8.61 |
| 2023-10-29 | USD 26,517m | USD 6,856m | USD 8.11 |
| 2022-10-30 | USD 25,785m | USD 6,525m | USD 7.44 |
This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.
| Measure | Interpretation |
|---|---|
| P/E | Price divided by EPS; identify annual, trailing or forward basis. |
| P/S & P/B | Market capitalization divided by sales or book equity. |
| EV / EBITDA | Enterprise value and EBITDA need consistent definitions. |
| FCF yield | Free cash flow divided by dated market capitalization. |
A sector median is descriptive, not a fair-value estimate. Explore sector context ↗
AMAT filed this 10-K on 2025-12-12 for the reported period 2025-10-26. Reading focus: Revenue mix, research spending, inventory and cash conversion. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.
Read SEC original ↗Annual revenue of USD 28.368 billion and net income of USD 6.998 billion for the period ended 2025-10-26.
Customer concentration, product transitions, export restrictions and the durability of capital spending.
Revenue mix, research spending, inventory and cash conversion.