# APPLIED MATERIALS INC /DE (AMAT) FY2024 Q3 P&L / Income Statement

- Company: APPLIED MATERIALS INC /DE (AMAT)
- Period: 2024-04-29 to 2024-07-28
- Filing: Q3 FY2024 10-Q, filed 2024-08-22, accession number 0000006951-24-000032
- Page: https://plicit.ai/financials/amat/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/amat-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-04-29 through 2024-07-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 6,778,000,000 US dollars
- **Cost of products sold**: 3,573,000,000 US dollars
- **Gross profit**: 3,205,000,000 US dollars
- **Total operating expenses**: 1,263,000,000 US dollars
- **Income from operations**: 1,942,000,000 US dollars
- **Other income (expense), net (calculated)**: 18,000,000 US dollars
- **Income before income taxes**: 1,960,000,000 US dollars
- **Provision for income taxes**: 255,000,000 US dollars
- **Net income**: 1,705,000,000 US dollars
- **Semiconductor Systems**: 4,924,000,000 US dollars
- **Applied Global Services**: 1,580,000,000 US dollars
- **Display and Adjacent Markets**: 251,000,000 US dollars
- **Research, development and engineering**: 836,000,000 US dollars
- **General and administrative**: 222,000,000 US dollars
- **Marketing and selling**: 205,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 6,755,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 23,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Semiconductor Systems costs (calculated)**: 3,212,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Applied Global Services costs (calculated)**: 1,113,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Display and Adjacent Markets costs (calculated)**: 235,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 276,000,000 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-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/amat-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-04-29 through 2024-07-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 6,778,000,000 US dollars
- **Cost of products sold**: 3,573,000,000 US dollars
- **Gross profit**: 3,205,000,000 US dollars
- **Total operating expenses**: 1,263,000,000 US dollars
- **Income from operations**: 1,942,000,000 US dollars
- **Other income (expense), net (calculated)**: 18,000,000 US dollars
- **Income before income taxes**: 1,960,000,000 US dollars
- **Provision for income taxes**: 255,000,000 US dollars
- **Net income**: 1,705,000,000 US dollars
- **CHINA**: 2,153,000,000 US dollars
- **KOREA, REPUBLIC OF**: 1,102,000,000 US dollars
- **TAIWAN**: 1,148,000,000 US dollars
- **JAPAN**: 555,000,000 US dollars
- **Southeast Asia**: 428,000,000 US dollars
- **UNITED STATES**: 1,053,000,000 US dollars
- **Europe**: 339,000,000 US dollars
- **Research, development and engineering**: 836,000,000 US dollars
- **General and administrative**: 222,000,000 US dollars
- **Marketing and selling**: 205,000,000 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.