Applied Materials, Inc. · AMAT · Next earnings

Applied Materials, Inc. reports Thursday, Nov 12, 2026

AMAT reports after market close with consensus EPS at $4.05 and revenue at $10.31B. Last quarter: Applied Materials Posts Record Q2 on AI-Driven Demand, Gross Margin at 25-Year High

Reports After market close53 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $4.05 Calendar consensus
Consensus revenue $10.31B Calendar consensus
Report date Nov 12, 2026 Thursday, date estimated
Session After market close 53 days away

Where AMAT left off: FY2026 Q2

Full report

Applied Materials Posts Record Q2 on AI-Driven Demand, Gross Margin at 25-Year High

EPS surprise +6.7% Reported $2.86 vs $2.68
Revenue surprise +3.0% Reported $7.91B vs $7.68B
Stock move -0.9% Event window
Subsequent drift +34.2% Up to 20 sessions

Guidance sentiment was maintained, with management reiterating its outlook for approximately 30% wafer-fab equipment growth in 2026. Capex outlook remains stable. Q3 guidance was described as robust. No upward or downward revision to the full-year growth framework was indicated.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Supply-chain capacity constraints and the need to ramp new manufacturing sites.
  • Potential impact of geopolitical restrictions, particularly China and Huawei-related sales.
  • Dependency on clean-room floor-space availability for customer fab expansions.

Questions analysts left open

  • Effect of 8-quarter rolling visibility on order patterns, deposits, and pricing contracts.
  • Sustainability of gross-margin expansion beyond Q3.
  • Correlation between rapid equipment growth and Applied Global Services growth.
  • Capacity utilization and whether manufacturing expansion can keep pace with demand.

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Recent AMAT quarters

All AMAT earnings
-0.9%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.