Applied Materials (AMAT) Revenue — Quarter Ended Oct 27, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. The sequential gain was smaller than the year-over-year rise.
Key takeaway
Quarter ended Oct 27, 2024 · FY2024 Q4
Revenue increased compared to both the prior quarter and the same quarter last year. The sequential gain was smaller than the year-over-year rise.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 28, 2024 | $6.7B | -0.5% |
| Apr 28, 2024 | $6.6B | +0.2% |
| Jul 28, 2024 | $6.8B | +5.5% |
| Oct 27, 2024 | $7B | +4.8% |
Revenue performance
The reported revenue moved higher from the immediately preceding quarter.
Quarterly comparison
Revenue grew compared to the same quarter one year earlier, and the pace of that annual increase was more rapid than the sequential change.
What to watch
The filing context does not provide specific causes for the revenue trend.