Applied Materials (AMAT) 10-K Summaries & Annual Filing History
Review Applied Materials, Inc. (AMAT) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Oct 26, 2025 · FY2025 10-K
Applied Materials filed its annual report for the fiscal year ended in late 2025. The filing describes the company's business, financial results, risk factors, and liquidity position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$28.4B
Revenue reported for the fiscal year.
Operating income
$8.3B
Income from operations reported for the year.
Net income
$7B
Net income reported for the year.
Operating cash flow
$8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 30, 2022 | $25.8B | +11.8% |
| Oct 29, 2023 | $26.5B | +2.8% |
| Oct 27, 2024 | $27.2B | +2.5% |
| Oct 26, 2025 | $28.4B | +4.4% |
Business overview
Applied Materials provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company's offerings support the production of advanced chips and displays used in electronics and other technologies.
Financial performance
Revenue increased compared to the prior year, while operating income and net income also rose. Operating cash flow remained strong, reflecting the company's ongoing profitability.
Material risks
The filing identifies risks including potential fluctuations in customer demand and spending, changes in end-user demand, and uncertainties in global markets and supply chains. Forward-looking statements are subject to these and other factors that could cause actual results to differ materially.
Liquidity and capital
The company maintains a share repurchase program authorized by its board, with a significant amount remaining available for future repurchases. The filing also discusses cash deployment strategies and dividend declarations.
What to watch
Readers should monitor changes in customer demand and spending trends in the semiconductor and display markets.