AMAT Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-10-26), AMAT reported revenue of $6.8B, gross profit of $3.3B (48.0% gross margin), operating income of $1.7B, and net income of $1.9B (27.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMAT was profitable; revenue fell 3.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −3.5% | +9.6% | +3.3 pp |
| Quarter over quarter | −6.9% | +6.6% | +3.5 pp |
Consensus estimate data is not available for this report.
AMAT Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6.8B | 100% |
| Cost of Revenue | −$3.5B | 52.0% |
| Gross Profit | $3.3B | 48.0% |
| Research & Development | −$917M | 13.5% |
| Selling, General & Administrative | −$455M | 6.7% |
| Other Operating Expenses | −$181M | 2.7% |
| Operating Income | $1.7B | 25.2% |
| Interest Expense | −$71M | 1.0% |
| Other Income, net | $626M | 9.2% |
| Income Tax Expense | −$370M | 5.4% |
| Net Income | $1.9B | 27.9% |
Source: original SEC filing (filed 2025-11-13). Accession 0001628280-25-051998. Data normalized by EarningsFyi.