Direct Answer
Applied Materials reported revenue of $28.4 billion for the fiscal year ended October 26, 2025, with an operating margin of 29.2% and net income of $7.0 billion, according to its SEC filings. Revenue grew 4.4% from the prior year.
What Are Applied Materials's Key Financial Figures?
| Fiscal year | FY2025 ended October 26, 2025 | FY2024 ended October 27, 2024 | FY2023 ended October 29, 2023 | FY2022 ended October 30, 2022 |
|---|---|---|---|---|
| Revenue | $28.4 billion | $27.2 billion | $26.5 billion | $25.8 billion |
| Operating income | $8.3 billion | $7.9 billion | $7.7 billion | $7.8 billion |
| Operating margin | 29.2% | 28.9% | 28.9% | 30.2% |
| Net income | $7.0 billion | $7.2 billion | $6.9 billion | $6.5 billion |
| Net margin | 24.7% | 26.4% | 25.9% | 25.3% |
| Operating cash flow | $8.0 billion | $8.7 billion | $8.7 billion | $5.4 billion |
| Capital expenditures | $2.3 billion | $1.2 billion | $1.1 billion | $787 million |
| Free cash flow | $5.7 billion | $7.5 billion | $7.6 billion | $4.6 billion |
Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $5.7 billion against net income of $7.0 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Applied Materials's Balance Sheet Show?
| Cash and cash equivalents | $7.2 billion |
|---|---|
| Long-term debt | $6.5 billion |
| Total assets | $36.3 billion |
| Total liabilities | $15.9 billion |
| Shareholders' equity | $20.4 billion |
| Current ratio | 2.6x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Applied Materials reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-25-056742 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Applied Materials's revenue in fiscal 2025?
Applied Materials reported revenue of $28.4 billion for the fiscal year ended October 26, 2025, according to its SEC filings.
What is Applied Materials's operating margin?
Applied Materials's operating margin was 29.2% in fiscal 2025: operating income of $8.3 billion on revenue of $28.4 billion.
How much free cash flow did Applied Materials generate?
Operating cash flow of $8.0 billion less capital expenditures of $2.3 billion gives free cash flow of $5.7 billion for fiscal 2025.