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

- Company: APPLIED MATERIALS INC /DE (AMAT)
- Period: 2023-10-30 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/amat-fy2024-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2023-10-30 through 2024-07-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 20,131,000,000 US dollars
- **Cost of products sold**: 10,569,000,000 US dollars
- **Gross profit**: 9,562,000,000 US dollars
- **Total operating expenses**: 3,741,000,000 US dollars
- **Income from operations**: 5,821,000,000 US dollars
- **Other income (expense), net (calculated)**: 436,000,000 US dollars
- **Income before income taxes**: 6,257,000,000 US dollars
- **Provision for income taxes**: 811,000,000 US dollars
- **Net income**: 5,446,000,000 US dollars
- **Semiconductor Systems**: 14,734,000,000 US dollars
- **Applied Global Services**: 4,586,000,000 US dollars
- **Display and Adjacent Markets**: 674,000,000 US dollars
- **Research, development and engineering**: 2,375,000,000 US dollars
- **General and administrative**: 745,000,000 US dollars
- **Marketing and selling**: 621,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 19,994,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and Other**: 137,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Semiconductor Systems costs (calculated)**: 9,577,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Applied Global Services costs (calculated)**: 3,266,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Display and Adjacent Markets costs (calculated)**: 628,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 839,000,000 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-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/amat-fy2024-ytd-q3-revenue-by-geography-sankey.png

Income statement for 2023-10-30 through 2024-07-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenue**: 20,131,000,000 US dollars
- **Cost of products sold**: 10,569,000,000 US dollars
- **Gross profit**: 9,562,000,000 US dollars
- **Total operating expenses**: 3,741,000,000 US dollars
- **Income from operations**: 5,821,000,000 US dollars
- **Other income (expense), net (calculated)**: 436,000,000 US dollars
- **Income before income taxes**: 6,257,000,000 US dollars
- **Provision for income taxes**: 811,000,000 US dollars
- **Net income**: 5,446,000,000 US dollars
- **CHINA**: 7,981,000,000 US dollars
- **KOREA, REPUBLIC OF**: 3,321,000,000 US dollars
- **TAIWAN**: 2,726,000,000 US dollars
- **JAPAN**: 1,573,000,000 US dollars
- **Southeast Asia**: 827,000,000 US dollars
- **UNITED STATES**: 2,665,000,000 US dollars
- **Europe**: 1,038,000,000 US dollars
- **Research, development and engineering**: 2,375,000,000 US dollars
- **General and administrative**: 745,000,000 US dollars
- **Marketing and selling**: 621,000,000 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.