Earnings · Quarter

Applied Materials Q3 FY2023 earnings: revenue, margins and segments

Fiscal Q3 FY2023 (May–Jul 2023) · Reported

Applied Materials

Q3 2023 · Reported

Revenue: $6.4B; ▼ −3.1% q/q
Net income: $1.6B; ▼ −1.0% q/q
Gross margin: 46.3%; −0.3 pp q/q

Summary

Revenue was $6.4B.

Compared with the previous quarter, revenue fell 3.1%.

Net income was $1.6B.

Gross margin was 46.3%, down 0.3 percentage points from the previous quarter.

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, Q3 FY2023

— 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 Q3 FY2023 earnings: revenue, margins and segments