To the full analysis
Applied Materials stock: growth
AMATApplied Materials reported $34.45B in revenue for fiscal 2026, up 21.4% on the prior year, up 8.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
6.9%
per year from 2007 to 2026, per share 10.2%
Earnings (Annual rate)
9.8%
per year from 2007 to 2026, per share 13.1%
Free cash flow (Annual rate)
6.3%
per year from 2007 to 2026, per share 9.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 8.4% | 12.3% | 6.9% |
| Revenue per share | 11.4% | 16.1% | 10.2% |
| Earnings | 11.4% | 19.3% | 9.8% |
| Earnings per share | 14.5% | 23.3% | 13.1% |
| Free cash flow | 5.3% | 10.8% | 6.3% |
| Free cash flow per share | 8.3% | 14.6% | 9.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $9.73B | $1.71B | $1.94B |
| 2008 | $8.13B | $960.75M | $1.42B |
| 2009 | $5.01B | −$305.33M | $84.95M |
| 2010 | $9.55B | $937.87M | $1.55B |
| 2011 | $10.52B | $1.93B | $2.22B |
| 2012 | $8.72B | $109M | $1.69B |
| 2013 | $7.51B | $256M | $426M |
| 2014 | $9.07B | $1.07B | $1.56B |
| 2015 | $9.66B | $1.38B | $948M |
| 2016 | $10.83B | $1.72B | $2.21B |
| 2017 | $14.7B | $3.52B | $3.26B |
| 2018 | $16.71B | $3.04B | $3.17B |
| 2019 | $14.61B | $2.71B | $2.81B |
| 2020 | $17.2B | $3.62B | $3.38B |
| 2021 | $23.06B | $5.89B | $4.77B |
| 2022 | $25.79B | $6.53B | $4.61B |
| 2023 | $26.52B | $6.86B | $7.59B |
| 2024 | $27.18B | $7.18B | $7.49B |
| 2025 | $28.37B | $7B | $5.7B |
| 2026 | $34.45B | $10.09B | $6.19B |
Revenue by segment
How Applied Materials, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Semiconductor Systems73%
- Applied Global Services23%
- Other4%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|
| Semiconductor Systems | $11.37B | $16.29B | $18.8B | $19.7B | $19.91B | $20.8B | 73.3% |
| Applied Global Services | $4.16B | $5.01B | $5.54B | $5.73B | $6.23B | $6.39B | 22.5% |
| Other | $1.68B | $1.76B | $1.45B | $1.09B | $1.04B | $1.19B | 4.2% |
| Total revenue | $17.2B | $23.06B | $25.79B | $26.52B | $27.18B | $28.37B | 100% |
Revenue by region
Where Applied Materials, Inc. generates its revenue.
- China30%
- Taiwan24%
- South Korea20%
- United States11%
- Japan8%
- Southeast Asia4%
- Other3%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| China | $2.75B | $5.11B | $4.28B | $5.46B | $7.54B | $7.25B | $7.25B | $10.12B | $8.53B | 30.1% |
| Taiwan | $3.29B | $2.73B | $2.97B | $3.95B | $4.74B | $6.26B | $5.67B | $4.01B | $6.86B | 24.2% |
| South Korea | $4.05B | $3.6B | $1.93B | $3.03B | $5.01B | $4.4B | $4.61B | $4.49B | $5.61B | 19.8% |
| United States | $1.47B | $1.53B | $1.87B | $1.62B | $2.04B | $3.1B | $4.01B | $3.82B | $3.06B | 10.8% |
| Japan | $1.52B | $2.41B | $2.2B | $2B | $1.96B | $2.01B | $2.08B | $2.15B | $2.27B | 8% |
| Southeast Asia | $640M | $802M | $548M | $411M | $677M | $1.08B | $758M | $1.14B | $1.08B | 3.8% |
| Other | $977M | $518M | $820M | $736M | $1.1B | $1.67B | $2.15B | $1.44B | $962M | 3.4% |
| Total revenue | $14.7B | $16.71B | $14.61B | $17.2B | $23.06B | $25.79B | $26.52B | $27.18B | $28.37B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 25 Oct 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 29 Feb 2016)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.