Applied Materials, Inc. · AMAT · Next earnings

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

AMAT reports after market close with consensus EPS at $4.06 and revenue at $10.30B. Last quarter: Applied Materials Raises FY26 Outlook on AI-Driven Equipment Demand

Reports After market close8 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $4.06 Calendar consensus
Consensus revenue $10.30B Calendar consensus
Report date Nov 12, 2026 Thursday, date estimated
Session After market close 8 days away

Where AMAT left off: FY2026 Q3

Full report

Applied Materials Raises FY26 Outlook on AI-Driven Equipment Demand

EPS surprise +2.9% Reported $3.50 vs $3.40
Revenue surprise +1.3% Reported $9.12B vs $8.99B
Stock move -5.1% Event window
Subsequent drift -16.4% Up to 20 sessions

Raised: management increased full-year FY26 revenue guidance to $10.25 billion and indicated continued margin expansion.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Clean-room capacity constraints could limit customer deployments.
  • Ramp-up costs and hiring may pressure near-term margins.
  • Supply-chain disruption, input costs and pricing pressure could weigh on execution.
  • The outlook depends on continued AI investment cycles and customer commitments.

Questions analysts left open

  • Gross margins may be flat near term as ramp costs and hiring increase.
  • CapEx is increasing, raising questions about spending sustainability relative to revenue.
  • Execution and guidance confidence remain important as the company enters a 14-week Q1 FY27.

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Recent AMAT quarters

All AMAT earnings
-5.1%FY2026 Q3-0.9%FY2026 Q2+0.8%FY2025 Q4-14.1%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

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.