Applied Materials Inc.
Applied Materials Reports Q1 2026 Financial Results
Summary
Applied Materials, Inc. reported its first quarter 2026 financial results on February 12, 2026. The company generated $7.01 billion in revenue, a 2% decline from the $7.166 billion reported in Q1 2025. Despite the revenue decrease, GAAP earnings per share (EPS) increased to $2.54 from $1.45 in the prior year, while non-GAAP EPS remained flat at $2.38. The Semiconductor Systems segment achieved record DRAM revenue, and Applied Global Services reported record services and spares revenue. The company also announced a settlement with the U.S. Commerce Department and incurred restructuring charges related to a workforce reduction plan.
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About Applied Materials Inc.
Applied Materials Inc. is a leading provider of innovative equipment, services, and software for the global semiconductor industry. Specializing in the development of materials engineering solutions, the company's products play a crucial role in the production of advanced semiconductor chips, which are essential components in electronic devices. Applied Materials' equipment is widely used in the manufacturing processes for a variety of industries, including consumer electronics, computer systems, communications infrastructure, and automotive components. Notably, Applied Materials offers solutions for deposition, removal, patterning, and inspection, serving the needs of chipmakers aiming to improve performance, energy consumption, and computational power of their semiconductor devices. With a focus on cutting-edge research and development, the company continually advances the technology landscape, enabling trends like artificial intelligence, internet of things (IoT), and data center expansion. In the financial market, Applied Materials Inc. holds a significant position due to its impact on technology advancements and its partnerships with leading tech and electronics companies. Headquartered in Santa Clara, California, the company's innovations underpin the critical supply chains of the high-tech and electronics industries worldwide.
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