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Jan 31, 2021
Applied Materials Q1 2021 Earnings Report
Applied Materials reported record quarterly revenue and non-GAAP EPS, driven by strong demand in the semiconductor business.
Key Takeaways
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.
Record quarterly revenue of $5.16 billion, up 24 percent year over year
GAAP EPS of $1.22, up 27 percent year over year
Record non-GAAP EPS of $1.39, up 42 percent year over year
Generated $1.42 billion in cash from operations
Applied Materials
Applied Materials
Applied Materials Revenue by Segment
Applied Materials Revenue by Geographic Location
Revenue by Segment
Semiconductor Systems Revenue
CapyFin.comApplied Global Services Revenue
CapyFin.comDisplay Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.comEurope Revenue
CapyFin.comJapan Revenue
CapyFin.comKorea Revenue
CapyFin.comTaiwan Revenue
CapyFin.comSoutheast Asia Revenue
CapyFin.comChina Revenue
CapyFin.com Forward Guidance
In the second quarter of fiscal 2021, Applied expects net sales to be approximately $5.39 billion, plus or minus $200 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.44 to $1.56.
Positive Outlook
- Net sales to be approximately $5.39 billion, plus or minus $200 million.
- Non-GAAP adjusted diluted EPS is expected to be in the range of $1.44 to $1.56.
- Excludes known charges related to completed acquisitions of $0.01 per share
- Includes the normalized tax benefit of share-based compensation of $0.01 per share
- Includes a net income tax benefit related to intra-entity intangible asset transfers of $0.03 per share
Challenges Ahead
- Outlook does not reflect any items that are unknown at this time
- Doesn't include any additional charges related to acquisitions or other non-operational or unusual items
- Doesn't include other tax related items
- Unable to predict without unreasonable efforts due to their inherent uncertainty
- Subject to various risks and uncertainties
Revenue & Expenses
Visualization of income flow from segment revenue to net income