AMAT Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-10-27), AMAT reported revenue of $7.0B, gross profit of $3.3B (47.3% gross margin), operating income of $2.0B, and net income of $1.7B (24.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMAT was profitable; revenue grew 4.8% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +4.8% | −13.6% | −5.2 pp |
| Quarter over quarter | +3.9% | +1.5% | −0.6 pp |
Consensus estimate data is not available for this report.
AMAT Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $7.0B | 100% |
| Cost of Revenue | −$3.7B | 52.7% |
| Gross Profit | $3.3B | 47.3% |
| Research & Development | −$858M | 12.2% |
| Selling, General & Administrative | −$431M | 6.1% |
| Operating Income | $2.0B | 29.0% |
| Interest Expense | −$66M | 0.9% |
| Other Income, net | −$85M | 1.2% |
| Income Tax Expense | −$164M | 2.3% |
| Net Income | $1.7B | 24.6% |
Source: original SEC filing (filed 2024-11-14). Accession 0000006951-24-000037. Data normalized by EarningsFyi.