APPLIED MATERIALS $AMAT Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $10.41B (Est. $10.3B) 🟢; +53% YoY 🔹 Adj. EPS: $4.16 (Est. $4.05) 🟢; +92% YoY 🔹 Non-GAAP Gross Margin: 50.6% (Est. 50.45%) 🟢 🔹 Non-GAAP Oper Income: $3.68B (Est. $3.62B) 🟢 🔹 Non-GAAP FCF: $2.6B (Est. $2.26B) 🟢 Q1 Guide: 🔹 Revenue: $11.10B +/- $500M (Est. $10.89B) 🟢 🔹 Adj. EPS: $4.35 +/- $0.20 (Est. $4.26) 🟢 Fiscal 2026: 🔹 Revenue: $34.45B; +21% YoY 🔹 Adj. EPS: $12.89; +37% YoY Segment Net Revenue: 🔹 Semiconductor Systems: $8.0B; +64% YoY 🔹 Applied Global Services: $1.9B; +26% YoY 🔹 Display / Corporate and Other: $517M; +25% YoY Other Q4 Metrics: 🔹 GAAP Gross Margin: 50.4%; +240 bps YoY 🔹 GAAP EPS: $3.40; +43% YoY 🔹 Cash From Operations: $3.3B 🔹 Shareholder Distributions: $2.42B, incl. $2.00B buybacks and $421M dividends Comments: 🔸 “AI continues to fuel strong incremental demand for semiconductors and Applied has built the most-enabling portfolio to advance the AI-computing roadmap, putting us in a great position for multi-year revenue and profit growth.”