AMAT Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-04-26), AMAT reported revenue of $7.9B, gross profit of $3.9B (49.9% gross margin), operating income of $2.5B, and net income of $2.8B (35.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMAT was profitable; revenue grew 11.4% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +11.4% | +31.3% | +5.4 pp |
| Quarter over quarter | +16.3% | +47.9% | +7.6 pp |
Consensus estimate data is not available for this report.
AMAT Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $7.9B | 100% |
| Cost of Revenue | −$4.0B | 50.1% |
| Gross Profit | $3.9B | 49.9% |
| Research & Development | −$1.0B | 13.0% |
| Selling, General & Administrative | −$397M | 5.0% |
| Operating Income | $2.5B | 31.9% |
| Interest Expense | −$69M | 0.9% |
| Other Income, net | $771M | 9.7% |
| Income Tax Expense | −$419M | 5.3% |
| Net Income | $2.8B | 35.5% |
Source: original SEC filing (filed 2026-05-14). Accession 0001628280-26-035071. Data normalized by EarningsFyi.