Operating Income for Applied Materials (AMAT)
According to Applied Materials's latest reported financial statements, the company's current operating income (TTM) is $8.21B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$8.21B
YoY change
+5.4%
5Y CAGR
+13.7%
Peak year (2025)
$8.29B
Cumulative operating income
$81.87B
Operating Income history chart for Applied Materials (AMAT) from 1985 to 2025
Operating Income history table for Applied Materials (AMAT) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $8.29B | +5.4% | ||
| 2024 | $7.87B | +2.8% | ||
| 2023 | $7.65B | -1.7% | ||
| 2022 | $7.79B | +13.0% | ||
| 2021 | $6.89B | +57.8% | ||
| 2020 | $4.37B | +30.3% | ||
| 2019 | $3.35B | -25.4% | ||
| 2018 | $4.49B | +14.1% | ||
| 2017 | $3.94B | +82.9% | ||
| 2016 | $2.15B | +27.1% | ||
| 2015 | $1.69B | +11.4% | ||
| 2014 | $1.52B | +251.9% | ||
| 2013 | $432.00M | -60.5% | ||
| 2012 | $1.09B | -54.4% | ||
| 2011 | $2.40B | +73.3% | ||
| 2010 | $1.38B | -451.5% | ||
| 2009 | -$393.62M | -129.0% | ||
| 2008 | $1.36B | -42.8% | ||
| 2007 | $2.37B | +63.8% | ||
| 2006 | $1.45B | 0.0% | ||
| 2005 | $1.45B | -17.9% | ||
| 2004 | $1.76B | -662.1% | ||
| 2003 | -$313.78M | -249.4% | ||
| 2002 | $209.96M | -77.4% | ||
| 2001 | $930.15M | -68.4% | ||
| 2000 | $2.95B | +215.7% | ||
| 1999 | $933.70M | +34.8% | ||
| 1998 | $692.71M | +0.3% | ||
| 1997 | $690.90M | -25.6% | ||
| 1996 | $928.60M | +33.8% | ||
| 1995 | $693.90M | +104.6% | ||
| 1994 | $339.20M | +107.1% | ||
| 1993 | $163.80M | +125.6% | ||
| 1992 | $72.60M | +37.8% | ||
| 1991 | $52.70M | -10.5% | ||
| 1990 | $58.90M | -29.5% | ||
| 1989 | $83.50M | +18.3% | ||
| 1988 | $70.60M | +3430.0% | ||
| 1987 | $2.00M | -50.0% | ||
| 1986 | $4.00M | -75.2% | ||
| 1985 | $16.10M | — |
Operating 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) operating income is $8.29B – grew 5.4% year-over-year.
Through 2020–2025 (5 years), Applied Materials operating income delivered a +13.7% annualised rate; sustaining 2 straight years of year-over-year growth.
Across the available history, operating income reached its high of $8.29B in 2025 and its low of -$393.62M in 2009.
Applied Materials (AMAT) sits 8th of 8 Technology peers we track on this metric, against a peer median of $77.01B.
Applied Materials Operating Income by Year
Applied Materials Operating Income 2025: $8.29B
Applied Materials operating income in 2025 was $8.29B, grew 5.4% from 2024. This figure represents the highest annual value in the available history.
Applied Materials Operating Income 2024: $7.87B
Applied Materials operating income in 2024 was $7.87B, edged up 2.8% from 2023.
Applied Materials Operating Income 2023: $7.65B
Applied Materials operating income in 2023 was $7.65B, edged down 1.7% below 2022.
Applied Materials Operating Income 2022: $7.79B
Applied Materials operating income in 2022 was $7.79B, grew 13.0% from 2021.
Applied Materials Operating Income 2021: $6.89B
Applied Materials operating income in 2021 was $6.89B.
See more financial history for Applied Materials (AMAT).
Sector peers — Operating Income
Companies in the same sector as Applied Materials, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Applied Materials's operating income?
- Latest reported operating income for Applied Materials (AMAT) is $8.21B (period ending January 25, 2026).
How has Applied Materials operating income changed year-over-year?
- Applied Materials (AMAT) operating income changed +5.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Applied Materials operating income?
- Applied Materials (AMAT) operating income compound annual growth rate is +13.7% over the most recent 5 years available.
When did Applied Materials operating income hit its highest annual value?
- Applied Materials operating income reached its highest annual value of $8.29B in 2025.
What was Applied Materials operating income in 2024?
- Applied Materials (AMAT) operating income in 2024 was $7.87B.
What was Applied Materials operating income in 2025?
- Applied Materials (AMAT) operating income in 2025 was $8.29B.
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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