Applied Materials (AMAT) Operating Margin (2009 - 2026)

Applied Materials (AMAT) posted Operating Margin of 31.9% for Q2 2026, up 22.15% sequentially from 26.11% in Q1 2026, and up 135.0% YoY from 13.57% in Q2 2025.

Applied Materials (AMAT) Operating Margin (2009 - 2026) Analysis & Trends

Applied Materials (AMAT) has 18 years of Operating Margin data on file, last reported at 31.9% in Q2 2026.

  • Quarterly Operating Margin rose 135.0% year-over-year to 31.9% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 28.59% (down 107.0% YoY) and the FY2025 annual result came in at 29.22%, up 27.0% from the prior year.
  • Operating Margin grew to 31.9% in Q2 2026 per AMAT's latest filing, from 26.11% in the prior quarter.
  • The five-year high for Operating Margin was 31.9% in Q2 2026, with the low at 25.18% in Q4 2025.
  • Average Operating Margin over 5 years is 29.26%, with a median of 29.32% recorded in 2023.
  • Year-over-year, Operating Margin jumped 666 bps in 2022 and sank 424 bps in 2026.
  • Applied Materials' Operating Margin stood at 29.55% in 2022, then declined by 1 bps to 29.32% in 2023, then decreased by 1 bps to 29.04% in 2024, then fell by 13 bps to 25.18% in 2025, then grew by 27 bps to 31.9% in 2026.
  • Business Quant data shows AMAT's Operating Margin at 31.9% in Q2 2026, 26.11% in Q1 2026, and 25.18% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 31.90%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 35.04%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 41.21%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 36.88%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 26.69%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 17.44%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 5.95%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 7.36%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 15.64%
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 15.90%

Historic Data

Download Data
DateValue
Apr 26, 2026 31.90%
Jan 25, 2026 26.11%
Oct 26, 2025 25.18%
Jul 27, 2025 30.58%
Apr 27, 2025 30.55%
Jan 26, 2025 30.35%
Oct 27, 2024 29.04%
Jul 28, 2024 28.65%
Apr 28, 2024 28.77%
Jan 28, 2024 29.33%
Oct 29, 2023 29.32%
Jul 30, 2023 28.05%
Apr 30, 2023 28.82%
Jan 29, 2023 29.23%
Oct 30, 2022 29.55%
Jul 31, 2022 29.51%
May 1, 2022 30.33%
Jan 30, 2022 31.51%
Oct 31, 2021 32.89%
Aug 1, 2021 32.49%