APPLIED MATERIALS INC (AMAT) Earnings History & Surprises

NASDAQ:AMATUS0382221051

Current stock price

361.79 USD
+4.73 (+1.32%)
At close:
364 USD
+2.21 (+0.61%)
After Hours:

AMAT Earnings overview

Past quarterly earnings results for APPLIED MATERIALS INC (AMAT), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
May 14, 2026
Period
Q2 / 2026
EPS Estimate
$2.71
Revenue Estimate
7.846B

Last Reported

Most Recent
Release Date
Feb 12, 2026
Period
Q1 / 2026
EPS Reported
$2.38
EPS Surprise
5.86%
Revenue Surprise
0.06%

Beat Rate

Last 8 Quarters
63%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q1 2026 2.38 2.25 5.86% - 7.012B 7.008B 0.06% -2.15%
Q4 2025 2.17 2.14 1.63% -6.47% 6.8B 6.798B 0.03% -3.48%
Q3 2025 2.48 2.41 3.04% 16.98% 7.302B 7.367B -0.88% 7.73%
Q2 2025 2.39 2.36 1.29% 14.35% 7.1B 7.27B -2.34% 6.83%
Q1 2025 2.38 2.33 2.11% 11.74% 7.166B 7.284B -1.62% 6.84%
Q4 2024 2.32 2.23 3.84% 9.43% 7.045B 7.093B -0.68% 4.79%
Q3 2024 2.12 2.06 2.71% 11.58% 6.778B 6.807B -0.43% 5.49%
Q2 2024 2.09 2.03 3.01% 4.50% 6.646B 6.667B -0.31% 0.24%
Q1 2024 2.13 1.94 9.58% 4.93% 6.707B 6.606B 1.53% -0.47%
Q4 2023 2.12 2.04 4.02% 4.43% 6.723B 6.646B 1.16% -0.39%
Q3 2023 1.90 1.78 7.04% -2.06% 6.425B 6.283B 2.26% -1.46%
Q2 2023 2.00 1.88 6.61% 8.11% 6.63B 6.505B 1.92% 6.16%
Q1 2023 2.03 1.97 2.98% 7.41% 6.739B 6.822B -1.22% 7.46%
Q4 2022 2.03 1.76 15.20% 4.64% 6.749B 6.578B 2.60% 10.22%
Q3 2022 1.94 1.83 6.03% 2.11% 6.52B 6.406B 1.78% 5.23%
Q2 2022 1.85 1.94 -4.57% 13.50% 6.245B 6.502B -3.95% 11.88%
Q1 2022 1.89 1.89 -0.10% 35.97% 6.271B 6.283B -0.19% 21.48%
Q4 2021 1.94 1.99 -2.64% 55.20% 6.123B 6.471B -5.38% 30.61%
Q3 2021 1.90 1.81 5.07% 79.25% 6.196B 6.057B 2.29% 40.98%
Q2 2021 1.63 1.54 5.80% 83.15% 5.582B 5.516B 1.20% 41.07%
Q1 2021 1.39 1.30 6.78% 41.84% 5.162B 5.074B 1.73% 24.03%
Q4 2020 1.25 1.19 4.64% - 4.688B 4.696B -0.17% -
Q3 2020 1.06 0.97 9.04% - 4.395B 4.266B 3.02% -
Q2 2020 0.89 0.96 -6.94% - 3.957B 4.208B -5.96% -
Q1 2020 0.98 0.94 3.78% - 4.162B 4.196B -0.81% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

AMAT EPS Q2Q GrowthAMAT EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 20 40 60 80

Revenue Historical Q2Q growth and Acceleration

AMAT Revenue Q2Q GrowthAMAT Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 10 20 30 40

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
2.95%
Max EPS beat (4)
5.86%
Min EPS beat (4)
1.29%

Revenue beat statistics

Revenue beat (4)
2
Average Revenue beat (4)
-0.78%
Max Revenue beat (4)
0.06%
Min Revenue beat (4)
-2.34%

Analysis

In the last 4 quarters, AMAT has consistently beaten EPS estimates in all releases
AMAT has beaten revenue estimates in 2 out of the last 4 releases
In the last 4 quarters, AMAT has beaten the EPS estimates by 3.0% on average.
In the last 4 quarters, AMAT reported -0.8% below the revenue estimates on average.

APPLIED MATERIALS INC / AMAT Earnings FAQ

What is the most recent earnings date for AMAT stock?

APPLIED MATERIALS INC (AMAT) last reported earnings on 2/12/2026.

Can you provide information on whether APPLIED MATERIALS INC beat earnings estimates in the last quarter?

APPLIED MATERIALS INC (AMAT) beat EPS estimates and beat revenue estimates in the most recent quarter.

How often does APPLIED MATERIALS INC (AMAT) beat earnings estimates?

In the last 4 quarters, APPLIED MATERIALS INC (AMAT) has beaten EPS estimates in 4 out of 4 releases.