AMAT · 10-Q · 2026Q3 · Full report
Operating Income and Margins
APPLIED MATERIALS INC /DE · 2026-08-20 · Importance 64 · Surprise 56 · In source text
Third-quarter operating income increased to $3.075 billion from $2.233 billion, and nine-month operating income increased to $7.429 billion from $6.577 billion. Consolidated operating margin expanded 3.1 percentage points to 33.7% in the third quarter and 0.4 points to 30.9% for the first nine months. Semiconductor Systems’ nine-month operating margin rose to 34.0% from 33.1%, while Applied Global Services’ margin rose to 29.2% from 26.3%. AGS margin expansion reflected higher services and spares revenue and favorable customer and product mix.
Key facts
- Operating income for the three months ended July 26, 2026: $3,075 million. source
- Operating income for the nine months ended July 26, 2026: $7,429 million. source
- Semiconductor Systems operating income for the three months ended July 26, 2026: $2,657 million; operating margin: 37.7%. source
- Diluted earnings per share for the three months ended July 26, 2026: $3.17. source
- Diluted earnings per share for the nine months ended July 26, 2026: $9.22. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | — | Operating income for the three months ended July 26, 2026: $3,075 million. |
| operating_income | positive | realized | — | Operating income for the nine months ended July 26, 2026: $7,429 million. |