AMAT Q3 2023 Earnings — Income Statement Breakdown
For its Q3 2023 period (ending 2023-07-30), AMAT reported revenue of $6.4B, gross profit of $3.0B (46.3% gross margin), operating income of $1.8B, and net income of $1.6B (24.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMAT was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
AMAT Q3 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6.4B | 100% |
| Cost of Revenue | −$3.4B | 53.7% |
| Gross Profit | $3.0B | 46.3% |
| Research & Development | −$767M | 11.9% |
| Selling, General & Administrative | −$407M | 6.3% |
| Operating Income | $1.8B | 28.0% |
| Interest Expense | −$60M | 0.9% |
| Other Income, net | $64M | 1.0% |
| Income Tax Expense | −$246M | 3.8% |
| Net Income | $1.6B | 24.3% |
Source: original SEC filing (filed 2023-08-17). Accession 0000006951-23-000026. Data normalized by EarningsFyi.