Applied Materials (AMAT) reported $7.01 billion in revenue for the quarter ended January 2026, representing a year-over-year decline of 2.2%. EPS of $2.38 for the same period compares to $2.38 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $6.89 billion, representing a surprise of +1.79%. The company delivered an EPS surprise of +8.53%, with the consensus EPS estimate being $2.19.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Applied Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Geographic Net Sales- United States: $656 million versus the two-analyst average estimate of $684.78 million. The reported number represents a year-over-year change of -28.5%.
- Geographic Net Sales- Europe: $221 million versus $256.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -33% change.
- Geographic Net Sales- Japan: $525 million versus $518.68 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.8% change.
- Geographic Net Sales- China: $2.1 billion versus the two-analyst average estimate of $1.97 billion. The reported number represents a year-over-year change of -6.6%.
- Geographic Net Sales- Taiwan: $1.72 billion versus $1.81 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +45.6% change.
- Geographic Net Sales- Southeast Asia: $335 million compared to the $271.34 million average estimate based on two analysts. The reported number represents a change of +17.1% year over year.
- Geographic Net Sales- Korea: $1.46 billion compared to the $1.41 billion average estimate based on two analysts. The reported number represents a change of -12.5% year over year.
- Net Revenue- Applied Global Services: $1.56 billion compared to the $1.56 billion average estimate based on three analysts. The reported number represents a change of -2.2% year over year.
- Net Revenue- Semiconductor Systems: $5.14 billion compared to the $4.97 billion average estimate based on three analysts. The reported number represents a change of -4% year over year.
- Net Revenue- Corporate and Other: $312 million versus $305.24 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +845.5% change.
- Operating Income- Applied Global Services: $438 million versus the two-analyst average estimate of $427.87 million.
- Operating Income- Semiconductor Systems: $1.43 billion versus the two-analyst average estimate of $1.81 billion.
View all Key Company Metrics for Applied Materials here>>>
Shares of Applied Materials have returned +12.6% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Applied Materials, Inc. (AMAT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
