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

- Company: APPLIED MATERIALS INC /DE (AMAT)
- Period: 2024-01-29 to 2024-04-28
- Filing: Q2 FY2024 10-Q, filed 2024-05-23, accession number 0000006951-24-000022
- Page: https://plicit.ai/financials/amat/fy2024-q2-income-statement
- Chart image: https://plicit.ai/charts/amat-fy2024-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/amat/fy2024-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/amat-fy2024-q2-revenue-by-geography-sankey.png

Income statement for 2024-01-29 through 2024-04-28. View: Geography. 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
- **CHINA**: 2,831,000,000 US dollars
- **KOREA, REPUBLIC OF**: 988,000,000 US dollars
- **TAIWAN**: 1,019,000,000 US dollars
- **JAPAN**: 453,000,000 US dollars
- **Southeast Asia**: 213,000,000 US dollars
- **UNITED STATES**: 853,000,000 US dollars
- **Europe**: 289,000,000 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

### 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.