Applied Materials Reports Q2 GAAP EPS of $3.51 on $7.91B Revenue
AMAT has more than doubled off its 52-week low of $153.47.
Summary
Applied Materials reported Q2 2026 diluted GAAP EPS of $3.51 on revenue of $7.91 billion, reflecting strong year-over-year growth. This news provides the full GAAP earnings details from the 10-Q filed today, complementing the non-GAAP EPS of $2.86 and revenue previously reported on May 14th. The significant difference between GAAP and non-GAAP EPS is a key detail for investors. Strong demand in foundry/logic and DRAM markets drove the revenue increase.
At the time of this announcement, AMAT was trading at $427.99 on NASDAQ in the Technology sector, with a market capitalization of approximately $339.2B. The 52-week trading range was $153.47 to $448.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.