$AMAT
APPLIED MATERIALS INC /DE
CIK:0000006951|SEC Filings
Consolidated Condensed Statements of Operations - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Jul. 26, 2026 |
Jul. 27, 2025 |
Jul. 26, 2026 |
Jul. 27, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 9,115 | $ 7,302 | $ 24,037 | $ 21,568 |
| Cost of products sold | 4,529 | 3,740 | 12,069 | 11,025 |
| Gross profit | 4,586 | 3,562 | 11,968 | 10,543 |
| Operating expenses: | ||||
| Research, development and engineering | 1,100 | 901 | 3,055 | 2,653 |
| Marketing and selling | 249 | 224 | 704 | 646 |
| General and administrative | 162 | 204 | 515 | 667 |
| Legal settlement | 0 | 0 | 253 | 0 |
| Restructuring charges | 0 | 0 | 12 | 0 |
| Total operating expenses | 1,511 | 1,329 | 4,539 | 3,966 |
| Income from operations | 3,075 | 2,233 | 7,429 | 6,577 |
| Interest expense | 68 | 66 | 206 | 198 |
| Interest and other income (expense), net | (100) | 396 | 1,237 | 625 |
| Income before income taxes | 2,907 | 2,563 | 8,460 | 7,004 |
| Provision for income taxes | 369 | 784 | 1,090 | 1,903 |
| Net income | $ 2,538 | $ 1,779 | $ 7,370 | $ 5,101 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 3.20 | $ 2.23 | $ 9.29 | $ 6.32 |
| Diluted (in dollars per share) | $ 3.17 | $ 2.22 | $ 9.22 | $ 6.29 |
| Weighted average number of shares: | ||||
| Basic (in shares) | 794 | 798 | 794 | 807 |
| Diluted (in shares) | 800 | 802 | 799 | 811 |