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Apr 26, 2020

Applied Materials Q2 2020 Earnings Report

Applied Materials reported Q2 2020 results with revenue up 12% year over year and returned $392 million to shareholders.

Key Takeaways

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.

Quarterly revenue of $3.96 billion, up 12 percent year over year

GAAP EPS of $0.82 and non-GAAP EPS of $0.89, up 17 percent and 27 percent year over year, respectively

Returned $392 million to shareholders

Supply chain is recovering and underlying demand for semiconductor equipment and services remains robust

Total Revenue
$3.96B
Previous year: $3.54B
+11.8%
EPS
$0.89
Previous year: $0.7
+27.1%
Gross Margin
44.2%
Previous year: 43.2%
+2.3%
Operating Margin
23.6%
Previous year: 21.9%
+7.8%
Non-GAAP Gross Margin
44.6%
Previous year: 43.5%
+2.5%
Gross Profit
$1.75B
Previous year: $1.53B
+14.3%
Cash and Equivalents
$5.28B
Previous year: $3.12B
+69.5%
Free Cash Flow
$564M
Previous year: $682M
-17.3%
Total Assets
$21.8B
Previous year: $18.8B
+16.2%

Applied Materials

Applied Materials

Applied Materials Revenue by Segment

Applied Materials Revenue by Geographic Location

Forward Guidance

The press release contains forward-looking statements regarding anticipated growth and trends in businesses and markets, industry outlooks and demand drivers, technology transitions, business and financial performance and market share positions, capital allocation, investment and growth strategies, development of new products and technologies, business outlook for the third quarter of fiscal 2020 and beyond, and the impact of the COVID-19 pandemic.

Revenue & Expenses

Visualization of income flow from segment revenue to net income