AMAT · Full Picture

APPLIED MATERIALS INC /DE — the full picture

Earnings window · 2026-05-21 to 2026-11-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Guidance / Outlook · Guidance & outlookPriority 89
    +220.3% revenue; 3 sources (news, press_release, transcript); 13 forward row(s); quote_verified
    Applied Materials expects fiscal fourth-quarter revenue of $10.25 billion, plus or minus $500 million -- about 51% year-over-year growth at the midpoint.
  2. Revenue Performance and Mix · Revenue growth & mixPriority 87
    +2.5% revenue; 4 sources (news, press_release, sec_filing, transcript); 1 forward row(s); quote_verified
    Q3 FY2026 revenue: $9.1 billion (record), up 15% sequentially and 25% year over year.
  3. EPIC Partner Ecosystem Expansion · Partnerships & JVsPriority 85
    +9.8% assets; 3 sources (news, press_release, transcript); 7 forward row(s); quote_verified
    Applied Materials has announced that its new $5 billion EPIC Center is tied to goals to increase wafer fab equipment (WFE) market share by over two percentage points by 2030, achieve $2 billion in eBeam equipment revenue by 2026, and reach over $12 billion in service revenue by 2030.
  4. Capital Expenditures Program · Capital expenditurePriority 83
    -9.8% cash; 4 sources (news, press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    Applied Materials has unveiled its $5 billion EPIC Center in Sunnyvale.
  5. Capital Return Program · Buybacks & dividendsPriority 81
    -27.9% cash; 4 sources (news, press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    As of July 26, 2026, approximately $12.8 billion remained available for future stock repurchases under the repurchase program.
  6. Income Tax Rate Changes · TaxPriority 79
    +24.9% net_income (realized); 3 sources (press_release, sec_filing, transcript); 4 forward row(s); quote_verified
    Provision for income taxes for the nine months ended July 26, 2026 decreased by $813 million versus prior period (provision shown as $(415) for current and $1,903 prior), and effective tax rate for nine months ended July 26, 2026: 12.9% versus 27.2% prior year (decrease of 14.3 points).
  7. Market Demand Trends · Demand, orders & backlogPriority 78
    4 sources (news, press_release, sec_filing, transcript); 6 forward row(s); quote_verified
    Bank of America projects wafer fab equipment spending to rise from $144 billion in 2026 to $250 billion by 2028, a trend cited in the context of Applied Materials' outlook.
  8. AI Infrastructure Investment · Strategic & business-model shiftsPriority 73
    +9.8% assets; 2 sources (news, transcript); 1 forward row(s); quote_verified
    Applied Materials has activated its EPIC Center, a US$5b process innovation facility focused on next generation semiconductor manufacturing.
  9. Singapore Manufacturing Expansion · Capacity & footprint expansionPriority 70
    +6.8% assets; 2 sources (news, press_release); 4 forward row(s); quote_verified
    Expanded manufacturing and R&D operations in Singapore with a new US$500 million Tampines Campus that more than doubles Applied’s advanced cleanroom capacity in Singapore.
  10. Domestic Manufacturing Investment · Capacity & footprint expansionPriority 69
    -6.2% cash; 2 sources (news, sec_filing); 8 forward row(s); quote_verified
    Applied Materials announced it will invest $5 billion in India over the next decade, focusing on research, supply chain expansion, and workforce development.
  11. EPIC Partner Ecosystem Expansion · UnclassifiedPriority 69
    +9.8% assets; 1 forward row(s); quote_verified
    Applied Materials has launched its US$5 billion EPIC Center, a semiconductor R&D hub designed to accelerate the commercialization of AI-era process technology.
  12. Gross Margin Drivers · Gross marginPriority 69
    +5.4% margin; 4 sources (news, press_release, sec_filing, transcript); 1 forward row(s); quote_verified
    Applied Materials's operating margin is expected to rise 640 basis points year-over-year in Q4.

Threads by pillar

Revenue & Demand Priority 96 · 10 threads

Costs & Margins Priority 89 · 9 threads

Capital & Balance Sheet Priority 95 · 6 threads

Strategy & Portfolio Priority 93 · 10 threads

Legal, Regulatory & Policy Priority 59 · 2 threads

Guidance & Outlook Priority 89 · 1 thread

Macro & Market Conditions Priority 48 · 2 threads

Unclassified Priority 87 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
revenue+222.8%+222.8%+56.7%
cash-59.4%+59.4%+15.7%
assets+52.1%+52.1%+23.0%
margin+5.7%+5.7%+7.6%
operating_income——-1.5%
net_income——+31.7%