Applied Materials (AMAT) Tops Q1 EPS by 17c, Beats on Revenue; Offers Q2 Revenue Guidance

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Applied Materials Announces First Quarter 2026 Results

February 12, 2026 4:01 PM EST

Revenue $7.01 billion, down 2 percent year over yearGAAP gross margin 49.0 percent and non-GAAP gross margin 49.1 percentGAAP EPS $2.54 and non-GAAP EPS $2.38, up 75 percent and flat year over year, respectivelySemiconductor Systems achieved record DRAM revenueApplied Global Services delivered record services and spares revenue

SANTA CLARA, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ :... More