AMAT Q2 2025 Earnings — Income Statement Breakdown

For its Q2 2025 period (ending 2025-04-27), AMAT reported revenue of $7.1B, gross profit of $3.5B (49.1% gross margin), operating income of $2.2B, and net income of $2.1B (30.1% net margin). The flow of revenue into costs and profit is visualized below.

What changed

AMAT was profitable; revenue fell 0.9% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter−0.9%+80.3%+13.6 pp

Consensus estimate data is not available for this report.

AMAT Q2 2025 Income Statement

AMAT Q2 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$7.1B100%
Cost of Revenue−$3.6B50.9%
Gross Profit$3.5B49.1%
Research & Development−$893M12.6%
Selling, General & Administrative−$423M6.0%
Operating Income$2.2B30.5%
Interest Expense−$68M1.0%
Other Income, net$221M3.1%
Income Tax Expense−$185M2.6%
Net Income$2.1B30.1%

Source: original SEC filing (filed 2025-05-15). Accession 0000006951-25-000017. Data normalized by EarningsFyi.