Applied Materials stock slips 2.54% to EUR 346.65 premarket
Published on 11/13/2026 at 08:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord Results Meet Higher Expectations
- Applied Materials reported record fiscal fourth-quarter revenue of USD 10.41 billion and adjusted earnings per share of USD 4.16.
- Fiscal first-quarter guidance calls for revenue of USD 11.10 billion and adjusted earnings per share of USD 4.35 at the midpoint.
- Management said advanced semiconductor demand remains ahead of supply and expects multiyear fabrication investments.
Applied Materials stock traded at 346.65 euros on Lang & Schwarz at 08:31 CET on Friday, November 13, 2026, 2.54 percent below the Xetra close of Thursday, November 12, at 355.70 euros.
Record Quarter Raises The Bar
Applied Materials reported record fiscal fourth-quarter revenue of USD 10.41 billion for the period ended October 25, 2026. According to the company's fiscal 2026 results release, GAAP operating income reached USD 3.66 billion, while GAAP earnings per share came to USD 3.40.
On a non-GAAP basis, gross margin was 50.6 percent and operating margin was 35.3 percent. Adjusted earnings per share of USD 4.16 exceeded the USD 4.06 analyst estimate cited in the company's release. Semiconductor Systems revenue reached a record USD 8.0 billion, supported by demand in memory and advanced packaging.
Higher Guidance Sets Next Test
For fiscal first-quarter 2027, Applied Materials guided to revenue of USD 11.10 billion, plus or minus USD 500 million, and adjusted earnings per share of USD 4.35, plus or minus USD 0.20. Both midpoint targets were above the analyst estimates reported by Yahoo Finance. Chief Executive Gary Dickerson said advanced semiconductor demand remains higher than supply and that customers need multiyear investments in new fabrication capacity.
US equities remain the broader market backdrop, with the S&P 500 providing the main benchmark for the company's US-listed shares.
