Applied Materials achieved record revenue of $7.17 billion, up 7% YoY, and improved operating margins. However, GAAP net income declined due to a $644 million tax expense from Singapore tax incentive changes. Non-GAAP EPS grew 12% YoY, reflecting strong operational performance.
Applied Materials announced its Q4 and fiscal year 2024 results, with record quarterly revenue of $7.05 billion, up 5 percent year over year, and GAAP EPS of $2.09. The company generated $2.58 billion in cash from operations and distributed $1.77 billion to shareholders.
Applied Materials announced its Q3 2024 results, reporting a 5% year-over-year increase in revenue to $6.78 billion. GAAP EPS was $2.05, and non-GAAP EPS was $2.12, representing an 11% and 12% increase year-over-year, respectively. The company generated $2.39 billion in cash from operations and distributed $1.19 billion to shareholders through share repurchases and dividends.
Applied Materials announced its Q1 2024 results, reporting revenue of $6.71 billion, which remained flat compared to the previous year. GAAP EPS increased by 19% to $2.41, while non-GAAP EPS increased by 5% to $2.13. The company generated $2.33 billion in cash from operations.
Applied Materials announced its Q4 and Fiscal Year 2023 results, with quarterly revenue of $6.72 billion, flat year over year. The company reported GAAP EPS of $2.38, up 29 percent year over year, and non-GAAP EPS of $2.12, up 4 percent year over year. For the full year, Applied Materials generated record revenue of $26.52 billion, up 3 percent year over year.
Applied Materials announced its Q3 2023 results, reporting revenue of $6.43 billion, a 1% decrease year-over-year. The company's GAAP EPS was $1.85, while non-GAAP EPS was $1.90. They generated $2.58 billion in cash from operations and distributed $707 million to shareholders.
Applied Materials announced its Q2 2023 results, reporting revenue of $6.63 billion, up 6% year-over-year. GAAP EPS was $1.86, and non-GAAP EPS was $2.00, representing increases of 7% and 8% year-over-year, respectively. The company generated $2.29 billion in cash from operations and returned $1.02 billion to shareholders through share repurchases and dividends.
Applied Materials announced its Q1 2023 results, reporting revenue of $6.74 billion, a 7% increase year over year. The company's GAAP EPS was $2.02, and non-GAAP EPS was $2.03. They generated $2.27 billion in cash from operations and returned $470 million to shareholders.
Applied Materials announced strong Q4 2022 results, featuring record quarterly revenue of $6.75 billion, a 10% increase year-over-year. The company's GAAP EPS was $1.85, while non-GAAP EPS reached a record $2.03. Applied Materials also generated $857 million in cash from operations and returned $1.72 billion to shareholders through share repurchases and dividends.
Applied Materials announced record quarterly revenue of $6.52 billion, a 5% increase year over year. GAAP EPS was $1.85, down 1% year over year, while non-GAAP EPS was $1.94, up 2% year over year. The company generated $1.47 billion in cash from operations and returned $1.23 billion to shareholders.
Applied Materials announced its second quarter 2022 results, with revenue reaching $6.25 billion, a 12% increase year over year. The company's GAAP EPS was $1.74, up by 22% compared to the previous year. However, ongoing supply chain issues continue to pose constraints.
Applied Materials announced record quarterly revenue of $6.27 billion, a 21% increase year-over-year. GAAP EPS was $2.00, up 64% year-over-year, and non-GAAP EPS was $1.89, up 36% year-over-year. The company generated $2.66 billion in cash from operations and returned $2.02 billion to shareholders through share repurchases and dividends.
Applied Materials announced its Q4 and Fiscal Year 2021 results, with record annual revenue of $23.06 billion, up 34% year over year. The company's Q4 revenue reached $6.12 billion, a 31% increase year over year, despite facing supply chain challenges. The company returned $1.72 billion to shareholders through share repurchases and dividends.
Applied Materials reported record third-quarter results with revenue of $6.20 billion, up 41% year over year. GAAP EPS was $1.87, and non-GAAP EPS was $1.90, representing increases of 105% and 79% year-over-year, respectively.
Applied Materials announced record quarterly revenue of $5.58 billion, up 41 percent year over year. The company's GAAP EPS was $1.43, and non-GAAP EPS was a record $1.63, up 74 percent and 83 percent year over year, respectively.
Applied Materials announced record quarterly revenue of $5.16 billion, up 24 percent year over year. The company reported GAAP EPS of $1.22 and record non-GAAP EPS of $1.39, up 27 percent and 42 percent year over year, respectively. Cash from operations was $1.42 billion.
Applied Materials announced record quarterly revenue of $4.69 billion, up 25% year over year, and record quarterly GAAP EPS of $1.23 and non-GAAP EPS of $1.25, up 64% and 56% year over year, respectively. The company generated $1.32 billion in cash from operations and returned $250 million to shareholders through dividends and share repurchases.
Applied Materials announced outstanding financial results for Q3 2020, with revenue reaching $4.40 billion, a 23% increase year-over-year. GAAP EPS was $0.91, and non-GAAP EPS was $1.06, representing increases of 49% and 43% year-over-year, respectively. The company returned $402 million to shareholders through share repurchases and dividends.
Applied Materials announced second quarter 2020 results with revenue of $3.96 billion, up 12 percent year over year. GAAP EPS was $0.82 and non-GAAP EPS was $0.89, up 17 percent and 27 percent year over year, respectively. The company returned $392 million to shareholders.
Applied Materials' first quarter earnings exceeded the top-end of their guidance, giving them great momentum entering 2020. The company generated revenue of $4.16 billion, with a GAAP EPS of $0.96 and a non-GAAP EPS of $0.98. They returned $392 million to shareholders through share repurchases and dividends.