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

- Company: APPLIED MATERIALS INC /DE (AMAT)
- Period: 2023-10-30 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/amat-fy2024-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2023-10-30 through 2024-04-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 13,353,000,000 US dollars
- **Cost of products sold**: 6,996,000,000 US dollars
- **Gross profit**: 6,357,000,000 US dollars
- **Total operating expenses**: 2,478,000,000 US dollars
- **Income from operations**: 3,879,000,000 US dollars
- **Other income (expense), net (calculated)**: 418,000,000 US dollars
- **Income before income taxes**: 4,297,000,000 US dollars
- **Provision for income taxes**: 556,000,000 US dollars
- **Net income**: 3,741,000,000 US dollars
- **Semiconductor Systems**: 9,810,000,000 US dollars
- **Applied Global Services**: 3,006,000,000 US dollars
- **Display and Adjacent Markets**: 423,000,000 US dollars
- **Research, development and engineering**: 1,539,000,000 US dollars
- **General and administrative**: 523,000,000 US dollars
- **Marketing and selling**: 416,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 13,239,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 114,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Semiconductor Systems costs (calculated)**: 6,365,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Applied Global Services costs (calculated)**: 2,153,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Display and Adjacent Markets costs (calculated)**: 393,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 563,000,000 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-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/amat-fy2024-ytd-q2-revenue-by-geography-sankey.png

Income statement for 2023-10-30 through 2024-04-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 13,353,000,000 US dollars
- **Cost of products sold**: 6,996,000,000 US dollars
- **Gross profit**: 6,357,000,000 US dollars
- **Total operating expenses**: 2,478,000,000 US dollars
- **Income from operations**: 3,879,000,000 US dollars
- **Other income (expense), net (calculated)**: 418,000,000 US dollars
- **Income before income taxes**: 4,297,000,000 US dollars
- **Provision for income taxes**: 556,000,000 US dollars
- **Net income**: 3,741,000,000 US dollars
- **CHINA**: 5,828,000,000 US dollars
- **KOREA, REPUBLIC OF**: 2,219,000,000 US dollars
- **TAIWAN**: 1,578,000,000 US dollars
- **JAPAN**: 1,018,000,000 US dollars
- **Southeast Asia**: 399,000,000 US dollars
- **UNITED STATES**: 1,612,000,000 US dollars
- **Europe**: 699,000,000 US dollars
- **Research, development and engineering**: 1,539,000,000 US dollars
- **General and administrative**: 523,000,000 US dollars
- **Marketing and selling**: 416,000,000 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.