Direct Answer
Applied Materials reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Semiconductor Systems is the largest, with $20.8 billion of revenue (73% of the total), followed by Applied Global Services at $6.4 billion (23%). 11% of revenue came from the United States.
How Does Applied Materials Make Money?
Semiconductor Systems supplies 73% of revenue, so Applied Materials's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Semiconductor Systems grew fastest (+4.5%) and Applied Global Services slowest (+2.6%), so the revenue mix tilts toward Semiconductor Systems while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Semiconductor Systems | $20.8 billion | $19.9 billion | 73.3% | 4.5% |
| Applied Global Services | $6.4 billion | $6.2 billion | 22.5% | 2.6% |
Which Applied Materials Segments Earn the Most?
| Segment | FY2025 segment operating income | Segment margin |
|---|---|---|
| Semiconductor Systems | $7.4 billion | 35.5% |
| Applied Global Services | $1.8 billion | 28.1% |
Segment operating income is the profit measure Applied Materials reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Applied Materials more safely than against another company.
Where Does Applied Materials's Revenue Come From?
Regions follow the definitions in the filing; most companies assign revenue by customer location.
| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| China | $8.5 billion | $10.1 billion | 30.1% | -15.7% |
| Taiwan | $6.9 billion | $4.0 billion | 24.2% | 71.0% |
| South Korea | $5.6 billion | $4.5 billion | 19.8% | 24.8% |
| United States | $3.1 billion | $3.8 billion | 10.8% | -19.8% |
| Japan | $2.3 billion | $2.2 billion | 8.0% | 5.5% |
| Southeast Asia | $1.1 billion | $1.1 billion | 3.8% | -5.7% |
| Europe | $962 million | $1.4 billion | 3.4% | -33.3% |
What the Segment Figures Do Not Show
The rows above add up to 96% of Applied Materials's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Applied Materials reported in the segment note and revenue disclosures of its Form 10-K filed December 12, 2025 (accession 0001628280-25-056742), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Applied Materials's business segments?
In its fiscal 2025 Form 10-K, Applied Materials reports revenue for Semiconductor Systems and Applied Global Services.
Which part of Applied Materials brings in the most revenue?
Semiconductor Systems, with $20.8 billion of revenue in fiscal 2025, or 73% of the total.
How much of Applied Materials's revenue comes from outside the United States?
89% in fiscal 2025, by the geographic breakdown Applied Materials reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.