Applied Materials, Inc. has reported a strong first quarter for 2026 with a revenue of $7.01 billion and net income of $2.03 billion, alongside stable gross margins around 49%. In a noteworthy development, the company is likely to announce a dividend raise soon, building on eight consecutive years of dividend growth. Despite a recent downgrade from Morgan Stanley, Applied Materials continues to project over 20% growth in its semiconductor equipment business this year, reinforcing its leadership in the industry.
“Applied Materials · cut at · Morgan Stanley”
“AMAT · has grown the dividend for · 8 consecutive years · true”
“AMAT · is likely to announce a dividend raise in · the coming weeks · true”
“Applied Materials · generated revenue · $7.01 billion · first quarter 2026”
“Applied Materials · reported GAAP gross margin · 49.0 percent · first quarter 2026”
“Applied Materials · reported non-GAAP gross margin · 49.1 percent · first quarter 2026”
“Applied Materials · reported GAAP EPS · $2.54 · first quarter 2026”
“Applied Materials · reported non-GAAP EPS · $2.38 · first quarter 2026”
“Applied Materials · generated cash from operations · $1.69 billion · first quarter 2026”
“Applied Materials · distributed to shareholders · $702 million · first quarter 2026”
“Applied Materials · expects to grow its semiconductor equipment business · over 20 percent · this calendar year”
“Applied Materials · received 2025 TSMC Excellent Performance Awards · Excellent Technology Development and Production Support and Excellent Contribution in Green Manufacturing”
