AMAT · 10-Q · 2026Q3 · Full report

Applied Global Services Growth

APPLIED MATERIALS INC /DE · 2026-08-20 · Importance 49 · Surprise 32

Applied Global Services provides services, spares and factory-automation software to fabrication plants worldwide, supporting the company’s installed base of semiconductor and other equipment. Demand is linked to wafer starts, utilization rates, installed-base growth, shorter ramp times, improved system performance and higher service intensity from newer tools. Fiscal 2026 AGS revenue increased year over year, primarily from higher long-term service-agreement revenue and customer spending on spares, while the company continues shifting services and spares toward subscription agreements.

Key facts

• Applied Global Services operating income for the three months ended July 26, 2026: $537 million (implied from total and Semiconductor Systems and Other entries: total $3,075; Semiconductor Systems $2,657; Other $(118)). source
• Applied Global Services revenue for the three months ended July 26, 2026: $1,781 million. source
• Applied Global Services revenue for the nine months ended July 26, 2026: $5,005 million. source
• Applied Global Services operating margin for the three months ended July 26, 2026: 30.1%. source
• AGS operating margin increases for the three and nine months ended July 26, 2026 were primarily due to higher revenue from services and spares and favorable changes in customer and product mix. source