Earnings · Quarter

Applied Materials Q1 FY2026 earnings: revenue, margins and segments

Fiscal Q1 FY2026 (Nov 2025–Jan 2026) · Reported

Applied Materials

Q1 2026 · Reported

Revenue: $7.0B; ▼ −2.1% y/y▲ +3.1% q/q
Net income: $2.0B; ▲ +71.0% y/y▲ +6.8% q/q
Gross margin: 49.0%; +0.2 pp y/y+1.0 pp q/q

Summary

Revenue fell 2.1% from a year earlier to $7.0B.

Compared with the previous quarter, revenue rose 3.1%.

Net income rose 71.0% to $2.0B.

Gross margin was 49.0%, up 0.2 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 FY2026

— 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.

Applied Materials Q1 FY2026 earnings: revenue, margins and segments