AMAT Q1 2025 Earnings — Income Statement Breakdown

For its Q1 2025 period (ending 2025-01-26), AMAT reported revenue of $7.2B, gross profit of $3.5B (48.8% gross margin), operating income of $2.2B, and net income of $1.2B (16.5% net margin). The flow of revenue into costs and profit is visualized below.

What changed

AMAT was profitable; revenue grew 1.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+1.7%−31.5%−8.0 pp

Consensus estimate data is not available for this report.

AMAT Q1 2025 Income Statement

AMAT Q1 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$7.2B100%
Cost of Revenue−$3.7B51.2%
Gross Profit$3.5B48.8%
Research & Development−$859M12.0%
Selling, General & Administrative−$462M6.4%
Operating Income$2.2B30.4%
Interest Expense−$64M0.9%
Other Income, net$8M0.1%
Income Tax Expense−$934M13.0%
Net Income$1.2B16.5%

Source: original SEC filing (filed 2025-02-13). Accession 0000006951-25-000005. Data normalized by EarningsFyi.