Application Materials for the FY2026 Q4 Performance

Revenues amounted to $10.409 billion, a year-on-year increase of 53%, exceeding the estimated $10.27 billion.

After adjustment, EPS is set at $4.16, a year-on-year increase of 92%, with an estimated value of $4.06.

The adjusted gross profit margin is 50.6%, compared to 48.1% in the same period last year, and it is estimated to be 50.4%.

Semiconductor system net sales reached $8 billion, a year-on-year increase of 68%, exceeding the estimated $7.94 billion.

The application's global services net sales amounted to $1.9 billion, a year-on-year increase of 17%, exceeding the estimated $1.85 billion.

Other net sales amounted to 517 million US dollars.

Management Statement

Gary Dixon, President and CEO of Applied Materials, stated: "Applied Materials achieved record-breaking results in the fiscal year 2026, and we are poised to achieve more than 40% growth in our semiconductor systems business in 2026. Artificial intelligence continues to drive strong demand for semiconductors, and Applied Materials has built the most powerful product portfolio to advance the implementation of the artificial intelligence computing roadmap, which puts us in a favorable position for revenue and profit growth in the coming years."

Blyce Hill, Senior Vice President and Chief Financial Officer of Applied Materials, stated: "Leveraging our technological leadership in the most critical areas of the wafer manufacturing equipment market, the company's revenue for the fourth fiscal quarter increased by 53% year-over-year, and non-GAAP earnings per share increased by 92% year-over-year. We generated a record $2.6 billion in quarterly free cash flow and distributed more than $2.4 billion in dividends to shareholders, including the largest quarterly stock repurchase in over eight years."

Outlook

The application materials estimate net sales for the first fiscal quarter to be between $10.6 billion and $11.6 billion, with an estimated figure of $1.087 billion.

The company expects the adjusted earnings per share to be between $4.15 and $4.55, with an estimate of $4.26.

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