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 has reported Operating Margin for 18 years, with the latest figure 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.
- Over five years, Operating Margin peaked at 31.9% in Q2 2026 and troughed at 25.18% in Q4 2025.
- A 5-year average of 29.26% and a median of 29.32% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2026: Operating Margin surged 666 bps in 2022, then tumbled 424 bps in 2026.
- Over 5 years, Operating Margin stood at 29.55% in 2022, then dropped by 1 bps to 29.32% in 2023, then retreated by 1 bps to 29.04% in 2024, then declined by 13 bps to 25.18% in 2025, then climbed by 27 bps to 31.9% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 31.9%, 26.11%, and 25.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 37.39% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 31.90% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 42.49% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 32.94% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 25.75% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 18.64% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 18.52% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 10.53% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 29.88% |
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% |