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Revenue were $7.01 billion, down 2 percent year over year.
February 19, 2026
By: David Savastano
Editor
Applied Materials, Inc. reports results for its first quarter ended Jan. 25, 2026. Applied generated revenue of $7.01 billion. On a GAAP basis, the company reported gross margin of 49.0 percent, operating income of $1.83 billion or 26.1 percent of net revenue, and earnings per share (EPS) of $2.54. On a non-GAAP basis, the company reported gross margin of 49.1 percent, operating income of $2.11 billion or 30.0 percent of net revenue, and EPS of $2.38. The company generated $1.69 billion in...
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