Applied Materials’ Q4 operating profit hit a new high and continues to reach peak levels this quarter

[Reporter Lin Yiru/Taipei Report] Applied Materials, a major semiconductor equipment manufacturer, announced its fourth quarter and full-year financial report for fiscal year 2026. Thanks to the continued growth in semiconductor demand driven by AI, revenue in the fourth quarter reached US$10.41 billion, a record high, an annual increase of 53%; non-GAAP earnings per share reached a record high of US$4.16, an annual increase of 92%. Looking forward to this quarter, Applied Materials is optimistic that investment in AI infrastructure will continue to expand, and revenue is expected to reach a new high. Gary, President and CEO of Applied Materials. Gary Dickerson said that Applied Materials' semiconductor systems business is expected to grow by more than 40% in the 2026 calendar year, and he is optimistic that AI will drive revenue and profit growth in the next few years.

Applied Materials' revenue in the fourth quarter of fiscal year 2026 (as of October 25) reached US$10.41 billion, a record high, with an annual increase of 53%; calculated based on GAAP (Generally Accepted Accounting Principles), the gross profit margin was 50.4%, an increase of 2.4 percentage points from the same period last year, operating profit reached US$3.66 billion, accounting for 35.1% of revenue, and earnings per share (EPS) was US$3.40, an annual increase of 43%. Non-GAAP gross profit margin was 50.6%, an increase of 2.5 percentage points from the same period last year. Operating profit reached US$3.68 billion, accounting for 35.3% of revenue. Non-GAAP earnings per share reached US$4.16, an annual increase of 92%, a record high.

Applied Materials’ cumulative annual revenue for fiscal year 2026 reached US$34.45 billion, an annual increase of 21%, setting a record high; GAAP gross profit margin was 50%, operating profit reached US$11.09 billion, accounting for 32.2% of revenue, and earnings per share were 12 .62 US dollars, an annual increase of 46%; non-GAAP gross profit margin was 50.1%, operating profits reached US$11.42 billion, accounting for 33.1% of revenue, and earnings per share were US$12.89, an annual increase of 37%. Both earnings per share hit record highs.

Applied Materials President and CEO Gary. Dixon said that Applied Materials will achieve record operating performance in the 2026 fiscal year, and the semiconductor system business is expected to grow by more than 40% in the 2026 calendar year. AI continues to drive strong incremental demand for semiconductors. Applied Materials has built a key technology product lineup to promote the development of AI computing and lay a favorable foundation for revenue and profit growth in the next few years.