Filing Flows › Applied Materials (AMAT) › Guidance history
Applied Materials (AMAT) guidance history: what it guided and what it reported
Applied Materials gave guidance in 11 earnings releases on file since Nov 16, 2023. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +1.7% against the guided midpoint. Its releases raised guidance once and lowered it 0 times.
Revenue
Met or beat 7 of 7 periods (5 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 FY26 | $10.2B–$10.3B (Aug 13, 2026) | — | to be reported | — |
| Q3 FY26 | $8.9B–$9.0B (May 14, 2026) | $9.1B | above the range | +1.8% |
| Q2 FY26 | $7.6B–$7.7B (Feb 12, 2026) | $7.9B | above the range | +3.4% |
| Q1 FY26 | $6.8B–$6.9B (Nov 13, 2025) | $7.0B | above the range | +2.4% |
| Q4 FY25 | $6.7B–$6.7B (Aug 14, 2025) | $6.8B | above the range | +1.5% |
| Q3 FY25 | $7.2B–$7.2B (May 15, 2025) | $7.3B | above the range | +1.4% |
| Q2 FY25 | $7.1B–$7.1B (Feb 13, 2025) | $7.1B | within the range | +0.0% |
| Q1 FY25 | $6.8B–$7.5B (Nov 14, 2024) | — | — | — |
| Q4 FY24 | $6.5B–$7.3B (Aug 15, 2024) | $7.0B | within the range | +1.7% |
| Q2 FY24 | $6.1B–$6.9B (Feb 15, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q1 FY25 | $2.11–$2.47 (Nov 14, 2024) | — | — | — |
| Q1 FY24 | $1.72–$2.08 (Nov 16, 2023) | — | — | — |
The latest quarter
Applied Materials, Q3 FY26: revenue $9.1B (+25% year over year), operating margin 33.7%, net earnings $2.5B, operating cash flow $3.0B. The chart follows the revenue to costs, profit and cash.
Questions
Does Applied Materials beat its guidance?
Applied Materials gave guidance in 11 earnings releases on file since Nov 16, 2023. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +1.7% against the guided midpoint.
How often does Applied Materials raise guidance?
Its earnings releases raised guidance once and lowered it 0 times since Nov 16, 2023.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.