Applied Materials Q1 FY2024 earnings: revenue, margins and segments

Summary

Revenue fell 0.5% from a year earlier to $6.7B.

Compared with the previous quarter, revenue fell 0.2%.

Net income rose 17.6% to $2.0B.

Gross margin was 47.8%, up 1.1 percentage points from a year earlier.

Built from the stored figures above; Reported values are as filed, Calculated values are Silicon Analytica arithmetic from those filings. Percentages and margins are never converted to US$; ≈US$ amounts are approximate.

Revenue mix, Q1 FY2024

— No segment or regional split is stored for this quarter; the company's filings for it have not been added at segment level. See the fiscal-year pages for the stored annual split.