Applied Materials stock reports 24.8 percent revenue growth
Published on 09/24/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Applied Materials stock (AMAT) stood at USD 474.38 on Nasdaq on September 23, 2026, while fiscal Q3 revenue reached USD 9.12 billion, up 24.8 percent year over year. The latest report gives investors two separate signals: accelerating demand and a valuation that still depends on sustained semiconductor spending.
Revenue growth sets the tone
Applied Materials reported fiscal Q3 2026 results for the quarter ended July 26, 2026, with adjusted EPS of USD 3.50 versus a USD 3.40 consensus estimate. According to MarketBeat, revenue came in at USD 9.12 billion against an expected USD 8.99 billion.
The comparison is material: revenue rose 24.8 percent from the prior-year quarter, while adjusted EPS increased from USD 2.48 to USD 3.50. Applied Materials also reported a fiscal Q3 operating margin of 34 percent, according to its standardized quarterly financial data.
Fourth-quarter guidance raises the bar
Management set fiscal Q4 2026 adjusted EPS guidance at USD 3.82 to USD 4.22, according to MarketBeat. The range places the lower end USD 0.32 above fiscal Q3 adjusted EPS and the upper end USD 0.72 higher, keeping execution in the next quarter central to the stock narrative.
Applied Materials supplies wafer fabrication equipment and related services to semiconductor manufacturers. Its business is divided between Semiconductor Systems and Applied Global Services, making equipment demand and recurring service revenue important indicators for the next report.
Stock value and yearly range
The September 23, 2026 quote was 0.41 percent above the prior session, a modest daily move compared with the companys 24.8 percent quarterly revenue growth. The stock remained within its 52-week range of USD 196.20 to USD 739.67, while market capitalization stood at USD 376,638,270,420.
For investors, the key contrast is clear. Applied Materials has delivered a USD 0.10 adjusted EPS beat and double-digit revenue growth, but the share price remains substantially below its yearly high. The next evidence point is whether fiscal Q4 guidance converts into another revenue increase.
Applied Materials stock facts
- Company: Applied Materials, Inc.
- Ticker: AMAT
- Trading venue: Nasdaq
- Price as of September 23, 2026: USD 474.38
- Market capitalization: USD 376,638,270,420 as of September 23, 2026
- 52-week range: USD 196.20-739.67 as of September 23, 2026
- Sector / Industry: Technology / Semiconductors
