Quarterly ResultMay 14, 2026, 04:03 PM
Applied Materials Q2 Revenue $7.91B, GAAP EPS $3.51, Non-GAAP EPS $2.86
AI Summary
Applied Materials reported record second-quarter results for fiscal year 2026, with revenue reaching $7.91 billion, an 11% increase year over year. The company achieved record GAAP EPS of $3.51, up 33%, and record non-GAAP EPS of $2.86, up 20% year over year. Applied Materials also announced an agreement to acquire ASMPT's NEXX business, increased its quarterly cash dividend by 15%, and provided a positive outlook for Q3 FY2026, expecting revenue of $8.95 billion +/- $500 million.
Key Highlights
- Record revenue of $7.91 billion, up 11% year over year.
- Record GAAP EPS of $3.51, up 33% year over year.
- Record non-GAAP EPS of $2.86, up 20% year over year.
- Increased quarterly cash dividend by 15% to $0.53 per share.
- Agreed to acquire ASMPT's NEXX business for advanced packaging.
- Q3 FY2026 revenue guidance: $8.95 billion +/- $500 million.
- Q3 FY2026 non-GAAP EPS guidance: $3.36 +/- $0.20.