Earnings ·
Applied Materials reported record third-quarter revenue of $9.12 billion, a 25% increase year-over-year, driven by…
AMATApplied Materials Inc
Applied Materials reported record third-quarter revenue of $9.12 billion, a 25% increase year-over-year, driven by strong demand for AI-related semiconductor equipment. GAAP diluted earnings per share reached $3.17, up 43%, while non-GAAP diluted EPS hit a record $3.50, rising 41%. The company generated record operating cash flow of $3.04 billion and returned $860 million to shareholders via $440 million in share repurchases and $420 million in dividends. Management raised full-year Semiconductor Systems revenue expectations for calendar 2026 and provided fourth-quarter guidance of $10.25 billion in total revenue and $4.02 non-GAAP diluted EPS. Applied Materials operates in the semiconductor equipment industry, providing materials engineering solutions for chip manufacturing.