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How materiality turned from corporate reporting star to forgotten footnote
Applied Materials - Q2 FY2026 Earnings $AMAT 461.85 [+4.8% AH] ✅ Revenue: $7.91B (Est: $7.68B) [+11% YoY] ✅ Adj. EPS: $2.86 (Est: $2.68) Additional Metrics: Non-GAAP Gross Margin: 50.0% Non-GAAP Operating Margin: 32.1% Semiconductor Systems Revenue: $5.97B Semiconductor Systems Non-GAAP Operating Margin: 35.2% Applied Global Services Revenue: $1.67B Applied Global Services Non-GAAP Operating Margin: 29.2% Q3 FY2026 Guidance: ⚪ Revenue: $8.45-9.45B (Est: $8.15B) ⚪ Adj. EPS: $3.16-3.56 (Est: $2.90)
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APPLIED MATERIALS $AMAT JUST REPORTED Q2 EARNINGS Revenue: $7.91B vs $7.65B est 🟢 Adj EPS: $2.86 vs $2.66 est 🟢 Adj Net Income: $2.29B vs $2.11B est 🟢 Adj Gross Margin: 50% Adj Operating Margin: 32.1% Adj Free Cash Flow: $210M GAAP figures: EPS: $3.51 Net Income: $2.81B
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Applied Materials (AMAT) will report earnings today. @RickDucat analyzes $AMAT, its performance and key levels to watch.
Applied Materials: Demand from AI Data Center customers (speaking to CEOs) showing total waver starts for data centers passing PCs and eventually smartphones.