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

Applied Materials' (AMAT) quarterly Operating Margin came in at 31.9% in Q2 2026, up 135.0% year-on-year from 13.57% in Q2 2025, and up 22.15% quarter-over-quarter from 26.11% in Q1 2026.

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

Applied Materials has disclosed Operating Margin across 18 years of filings, most recently posting 31.9% for Q2 2026.

  • Operating Margin for Q2 2026 came in at 31.9%, up 135.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 28.59% (down 107.0% YoY), and the FY2025 annual result was 29.22%, up 27.0% from the prior year.
  • Operating Margin came in at 31.9% for Q2 2026 at Applied Materials, up from 26.11% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 31.9% in Q2 2026 to a low of 25.18% in Q4 2025.
  • The 5-year median for Operating Margin is 29.32% (2023), against an average of 29.26%.
  • Across the five-year window, Operating Margin soared 666 bps in 2022 and tumbled 424 bps in 2026, its largest moves.
  • Applied Materials' Operating Margin stood at 29.55% in 2022, then decreased by 1 bps to 29.32% in 2023, then declined by 1 bps to 29.04% in 2024, then slipped by 13 bps to 25.18% in 2025, then gained by 27 bps to 31.9% in 2026.
  • The last three Operating Margin figures came in at 31.9% (Q2 2026), 26.11% (Q1 2026), and 25.18% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Asml Holding 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn 51.98%
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 35.04%
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 31.90%
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 41.21%
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 36.88%
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 26.69%
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 17.44%
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 5.95%
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 11.48%
10 Formfactor 9.68 Bn 9.38 Bn 86.79 Mn 7.36%

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%