
Applied Materials (AMAT) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 12, 2026 | $4.16 | $4.06 | 2.46 % |
| Q3 | Aug 13, 2026 | $3.50 | $3.39 | 3.24 % |
| Q2 | May 14, 2026 | $2.86 | $2.68 | 6.72 % |
| Q1 | Feb 12, 2026 | $2.38 | $2.20 | 8.18 % |
Quarterly Revenue (Billions)
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Nov 12, 2026 | $10.41B | $10.30B | 1.07 % |
| Q3 | Aug 13, 2026 | $9.12B | $9.00B | 1.24 % |
| Q2 | May 14, 2026 | $7.91B | $7.69B | 2.85 % |
| Q1 | Feb 12, 2026 | $7.01B | $6.88B | 1.86 % |
Applied Materials (AMAT) last issued guidance on November 12, 2026 for Q1 2027. The company guided earnings per share in the range of $4.15 - $4.55, compared to a consensus EPS estimate of $4.2. Applied Materials also guided revenue in the range of $10.6B - $11.6B for the period.
Compared to prior guidance, Applied Materials raised its revenue forecast from a prior range of $9.75B - $10.75B.
Applied Materials has issued 18 guidance updates between November 17, 2022 and November 12, 2026. During this period, the company raised its outlook 10 times and lowered it 3 times, providing investors with insight into management's evolving expectations.
| Metric | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $4.06 | $3.39 | $2.68 | $2.20 |
| Actual | $4.16 | $3.50 | $2.86 | $2.38 |
| Surprise | +2.46% | +3.24% | +6.72% | +8.18% |
| Revenue | ||||
| Estimate | $10.30B | $9.00B | $7.69B | $6.88B |
| Actual | $10.41B | $9.12B | $7.91B | $7.01B |
| Surprise | +1.07% | +1.24% | +2.85% | +1.86% |
| Metric | Q1 '27E | Q2 '27E | Q3 '27E | Q4 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $4.31 | $4.57 | $4.69 | $4.93 |
| Revenue | ||||
| Consensus | $10.99B | $11.56B | — | — |