Applied Materials AMAT
Applied Materials fiscal 2025 annual report
Fiscal 2025 (ended Oct 26, 2025) · Filed Dec 12, 2025Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Applied Materials sell in fiscal 2025?
As stated in annual reports · fiscal 2021–2025
Fiscal 2025 revenue
$28.4B+4.4% vs prior year
Net income $7B · 24.7% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2021 | $23.1B | $5.9B |
| 2022 | $25.8B | $6.5B |
| 2023 | $26.5B | $6.9B |
| 2024 | $27.2B | $7.2B |
| 2025 | $28.4B | $7B |
Fiscal 2025 (ended Oct 26, 2025) · Filed Dec 12, 2025Whalegun
- Revenue
- $28.4B
- +4.4% vs prior year
- Operating income
- $8.3B
- 29.2% of revenue
- Net income
- $7B
- −2.5% vs prior year
- Diluted EPS
- $8.66
- Operating cash flow
- $8B
- Free cash flow
- $5.7B
Key points the company states
Applied Materials makes wafer fabrication tools; backlog was $15.00 billion on Oct 26, 2025
- The company makes materials engineering equipment and services used to produce semiconductors.
- It has two segments, Semiconductor Systems and Applied Global Services (AGS); Semiconductor Systems is the largest contributor to net revenue.
- Backlog on Oct 26, 2025 was $15.00 billion, of which about 31% is not reasonably expected to be filled within 12 months.
Applied Materials' fiscal 2025 net revenue rose 4% to $28.37 billion
- Net revenue rose 4% to $28.37 billion.
- Gross margin was 48.7%, up from 47.5% a year earlier.
- Semiconductor Systems revenue rose 4% and AGS revenue rose 3%.