APPLIED MATERIALS INC /DE (AMAT) FY2025 YTD Q2 P&L / Income Statement
2024-10-28 to 2025-04-27
Revenue by Business Segment
2024-10-28 to 2025-04-27
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APPLIED MATERIALS INC /DE (AMAT) FY2025 YTD Q2 P&L / Income Statement
Income statement for 2024-10-28 through 2025-04-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenue
- 14,266,000,000 US dollars
- Cost of products sold
- 7,285,000,000 US dollars
- Gross profit
- 6,981,000,000 US dollars
- Total operating expenses
- 2,637,000,000 US dollars
- Income from operations
- 4,344,000,000 US dollars
- Other income (expense), net (calculated)
- 97,000,000 US dollars
- Income before income taxes
- 4,441,000,000 US dollars
- Provision for income taxes
- 1,119,000,000 US dollars
- Net income
- 3,322,000,000 US dollars
- Semiconductor Systems
- 10,611,000,000 US dollars
- Applied Global Services
- 3,160,000,000 US dollars
- Display
- 442,000,000 US dollars
- Research, development and engineering
- 1,752,000,000 US dollars
- General and administrative
- 463,000,000 US dollars
- Marketing and selling
- 422,000,000 US dollars
- Revenue before reconciliation (calculated)
- 14,213,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Corporate and Other
- 53,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Semiconductor Systems costs (calculated)
- 6,725,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Applied Global Services costs (calculated)
- 2,267,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Display costs (calculated)
- 360,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 570,000,000 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.

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Gross margin
48.9%
Gross profit / revenue
Operating margin
30.5%
Operating profit / revenue
Cash conversion
75.1%
Operating cash / net income, same period
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