Net Income for Applied Materials (AMAT)
According to Applied Materials's latest reported financial statements, the company's current net income (TTM) is $7.84B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$7.84B
YoY change
-2.5%
5Y CAGR
+14.1%
Peak year (2024)
$7.18B
Cumulative net income
$66.19B
Net Income history chart for Applied Materials (AMAT) from 1985 to 2025
Net Income history table for Applied Materials (AMAT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $7.00B | -2.5% | ||
| 2024 | $7.18B | +4.7% | ||
| 2023 | $6.86B | +5.1% | ||
| 2022 | $6.53B | +10.8% | ||
| 2021 | $5.89B | +62.7% | ||
| 2020 | $3.62B | +33.7% | ||
| 2019 | $2.71B | -10.9% | ||
| 2018 | $3.04B | -13.7% | ||
| 2017 | $3.52B | +104.5% | ||
| 2016 | $1.72B | +25.0% | ||
| 2015 | $1.38B | +28.5% | ||
| 2014 | $1.07B | +318.8% | ||
| 2013 | $256.00M | +134.9% | ||
| 2012 | $109.00M | -94.3% | ||
| 2011 | $1.93B | +105.4% | ||
| 2010 | $937.87M | -407.2% | ||
| 2009 | -$305.33M | -131.8% | ||
| 2008 | $960.75M | -43.8% | ||
| 2007 | $1.71B | +12.8% | ||
| 2006 | $1.52B | +25.4% | ||
| 2005 | $1.21B | -10.5% | ||
| 2004 | $1.35B | -1006.0% | ||
| 2003 | -$149.15M | -155.4% | ||
| 2002 | $269.00M | -65.3% | ||
| 2001 | $775.23M | -62.4% | ||
| 2000 | $2.06B | +189.1% | ||
| 1999 | $713.88M | +157.1% | ||
| 1998 | $277.67M | -44.3% | ||
| 1997 | $498.50M | -16.9% | ||
| 1996 | $599.60M | +32.0% | ||
| 1995 | $454.10M | +105.8% | ||
| 1994 | $220.70M | +121.4% | ||
| 1993 | $99.70M | +152.4% | ||
| 1992 | $39.50M | +50.8% | ||
| 1991 | $26.20M | -23.2% | ||
| 1990 | $34.10M | -33.8% | ||
| 1989 | $51.50M | +28.7% | ||
| 1988 | $40.00M | +13233.3% | ||
| 1987 | $300,000 | -75.0% | ||
| 1986 | $1.20M | -87.1% | ||
| 1985 | $9.30M | — |
Net Income values are taken from Applied Materials's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Applied Materials (AMAT) net income is $7.00B – edged down 2.5% year-over-year.
Over 2020–2025 (5 years), Applied Materials net income expanded at a +14.1% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Applied Materials net income edged down 2.5%, falling from $7.18B to $7.00B.
Across the available history, net income reached its high of $7.18B in 2024 and its low of -$305.33M in 2009.
Applied Materials (AMAT) sits 8th of 8 Technology peers we track on this metric, against a peer median of $62.48B.
Applied Materials Net Income by Year
Applied Materials Net Income 2025: $7.00B
Applied Materials net income in 2025 was $7.00B, edged down 2.5% below 2024.
Applied Materials Net Income 2024: $7.18B
Applied Materials net income in 2024 was $7.18B, edged up 4.7% from 2023. This figure represents the highest annual value in the available history.
Applied Materials Net Income 2023: $6.86B
Applied Materials net income in 2023 was $6.86B, grew 5.1% from 2022.
Applied Materials Net Income 2022: $6.53B
Applied Materials net income in 2022 was $6.53B, grew 10.8% from 2021.
Applied Materials Net Income 2021: $5.89B
Applied Materials net income in 2021 was $5.89B.
See more financial history for Applied Materials (AMAT).
Sector peers — Net Income
Companies in the same sector as Applied Materials, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Applied Materials's net income?
- Latest reported net income for Applied Materials (AMAT) is $7.84B (period ending January 25, 2026).
How has Applied Materials net income changed year-over-year?
- Applied Materials (AMAT) net income changed -2.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Applied Materials net income?
- Applied Materials (AMAT) net income compound annual growth rate is +14.1% over the most recent 5 years available.
When did Applied Materials net income hit its highest annual value?
- Applied Materials net income reached its highest annual value of $7.18B in 2024.
What was Applied Materials net income in 2024?
- Applied Materials (AMAT) net income in 2024 was $7.18B.
What was Applied Materials net income in 2025?
- Applied Materials (AMAT) net income in 2025 was $7.00B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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