← APPLIED MATERIALS INC /DE

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $10.8b $14.5b $17.3b $14.6b $17.2b $23.1b $25.8b $26.5b $27.2b $28.4b
Cost of Revenue $6.3b $8.0b $9.4b $8.2b $9.5b $12.1b $13.8b $14.1b $14.3b $14.6b
Gross Profit $4.5b $6.5b $7.8b $6.4b $7.7b $10.9b $12.0b $12.4b $12.9b $13.8b
Operating Expenses $2.4b $2.7b $3.0b $3.0b $3.3b $4.0b $4.2b $4.7b $5.0b $5.5b
Total operating expenses $2.4b $2.7b $3.0b $3.0b $3.3b $4.0b $4.2b $4.7b $5.0b $5.5b
Operating Income (Loss) $2.2b $3.9b $4.8b $3.4b $4.4b $6.9b $7.8b $7.7b $7.9b $8.3b
Additional Financial Items
Amortization of Intangible Assets $189.0m $193.0m $199.0m $57.0m $56.0m $49.0m $40.0m $44.0m — —
Basic (in shares) $1.1b $1.1b $1.0b $937.0m $916.0m $910.0m $871.0m $840.0m $827.0m $804.0m
Diluted (in shares) $1.1b $1.1b $1.0b $945.0m $923.0m $919.0m $877.0m $845.0m $834.0m $808.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $121.0m $0 $0
Gain (Loss) on Investments — — — — — — — — — $792.0m
General and administrative $390.0m $434.0m $481.0m $461.0m $567.0m $620.0m $735.0m $852.0m $961.0m $910.0m
Goodwill, Impairment Loss — — — — — — — — $0 $41.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $199.0m $514.0m $439.0m $363.0m $92.0m $512.0m $1.2b $1.2b $833.0m $56.0m
Marketing and selling $429.0m $456.0m $521.0m $521.0m $526.0m $609.0m $703.0m $776.0m $836.0m $858.0m
Provision for income taxes $292.0m $297.0m $1.4b $563.0m $547.0m $883.0m $1.1b $860.0m $975.0m $2.3b
Research, development and engineering $1.5b $1.8b $2.0b $2.1b $2.2b $2.5b $2.8b $3.1b $3.2b $3.6b
Restructuring charges — — — — — — — $0 $0 $181.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.0b $3.7b $4.7b $3.3b $4.2b $6.8b $7.6b $7.7b $8.2b $9.3b
Investment Income, Net — — — — — — — $262.0m $486.0m —
Income before income taxes $2.0b $3.7b $4.7b $3.3b $4.2b $6.8b $7.6b $7.7b $8.2b $9.3b
Net Income (Loss) Attributable to Parent $1.7b $3.4b $3.3b $2.7b $3.6b $5.9b $6.5b $6.9b $7.2b $7.0b
Common Stock, Dividends, Per Share, Declared $0.10 $0.10 $3.27 $2.89 $0.87 $0.94 $1.02 $1.22 $1.52 $1.78
Earnings Per Share, Basic $1.56 $3.20 $3.27 $2.89 $3.95 $6.47 $7.49 $8.16 $8.68 $8.71
Earnings Per Share, Diluted $1.54 $3.17 $3.23 $2.86 $3.92 $6.40 $7.44 $8.11 $8.61 $8.66
Weighted Average Number of Shares Outstanding, Basic 1.1b 1.1b 1.0b 937.0m 916.0m 910.0m 871.0m 840.0m 827.0m 804.0m
Weighted Average Number of Shares Outstanding, Diluted 1.1b 1.1b 1.0b 945.0m 923.0m 919.0m 877.0m 845.0m 834.0m 808.0m
Cost of products sold $6.3b $8.0b $9.4b $8.2b $9.5b $12.1b $13.8b $14.1b $14.3b $14.6b
Current Income Tax Expense (Benefit) $313.0m $309.0m $1.2b $512.0m $479.0m $823.0m $879.0m $1.2b $1.7b $1.1b
General and Administrative Expense $390.0m $434.0m $481.0m $461.0m $567.0m $620.0m $735.0m $852.0m $961.0m $910.0m
Interest Expense $155.0m $198.0m $234.0m $237.0m $240.0m $236.0m $228.0m $238.0m $247.0m $269.0m
Interest Expense (non-operating) — — — — — — — — $247.0m $269.0m
Interest and other income (expense), net $16.0m $61.0m $132.0m $156.0m $41.0m $118.0m $39.0m $300.0m $532.0m $1.3b
Other Nonoperating Income (Expense) $16.0m $61.0m $132.0m $156.0m $41.0m $118.0m $39.0m $300.0m $532.0m $1.3b
Research and Development Expense $1.5b $1.8b $2.0b $2.1b $2.2b $2.5b $2.8b $3.1b $3.2b $3.6b
Restructuring Costs — — — — — $148.0m ($4.0m) $0 $0 $179.0m
Selling and Marketing Expense $429.0m $456.0m $521.0m $521.0m $526.0m $609.0m $703.0m $776.0m $836.0m $858.0m
Selling, General and Administrative Expense — — — — — — — — — $1.8b
Income Tax Expense (Benefit) $292.0m $297.0m $1.4b $563.0m $547.0m $883.0m $1.1b $860.0m $975.0m $2.3b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.