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| Date | Value |
|---|---|
| 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% |