Applied Materials Reports Better-Than-Expected Q4 Earnings

Benzinga

Applied Materials beat expectations with $6.8B in fourth-quarter revenue and $2.17 adjusted EPS. The company said AI adoption is fueling demand for advanced semiconductors and wafer-fab equipment, with stronger growth expected in the second half of 2026. Shares slipped after hours.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Applied Materials reported fourth-quarter revenue of $6.8 billion and adjusted earnings

00:08of $2.17 per share, topping analyst estimates, according to Benzinga Pro.

00:13Revenue fell 3 percent from last year, and the company said AI adoption is driving investment

00:18in advanced semiconductors and wafer fab equipment. CFO Bryce Hill said operations

00:24are being prepared for higher demand beginning in the second half of 2026.

00:28Applied projected fiscal first-quarter revenue of $6.85 billion and adjusted earnings of $1.98

00:36to $2.38 per share. Shares traded 2.84 percent lower after hours on Thursday.

00:43For all things money, visit Benzinga.com.

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