APPLIED MATERIALS INC /DE (AMAT) FY2024 Q2 P&L / Income Statement

APPLIED MATERIALS INC /DE (AMAT) FY2024 Q2 P&L / Income Statement

Income statement for 2024-01-29 through 2024-04-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue

6,646,000,000 US dollars

Cost of products sold

3,493,000,000 US dollars

Gross profit

3,153,000,000 US dollars

Total operating expenses

1,241,000,000 US dollars

Income from operations

1,912,000,000 US dollars

Other income (expense), net (calculated)

82,000,000 US dollars

Income before income taxes

1,994,000,000 US dollars

Provision for income taxes

272,000,000 US dollars

Net income

1,722,000,000 US dollars

Semiconductor Systems

4,901,000,000 US dollars

Applied Global Services

1,530,000,000 US dollars

Display and Adjacent Markets

179,000,000 US dollars

Research, development and engineering

785,000,000 US dollars

General and administrative

247,000,000 US dollars

Marketing and selling

209,000,000 US dollars

Revenue before reconciliation (calculated)

6,610,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Corporate and Other

36,000,000 US dollars. Reported reconciliation to consolidated revenue.

Semiconductor Systems costs (calculated)

3,200,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Applied Global Services costs (calculated)

1,094,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Display and Adjacent Markets costs (calculated)

174,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

266,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.