Applied Materials Non-GAAP EPS of $2.38 beats by $0.17, revenue of $7.01B beats by $130M

Applied Materials press release (AMAT): Q1 Non-GAAP EPS of $2.38 beats by $0.17.
Revenue of $7.01B (-2.2% Y/Y) beats by $130M.
Applied’s total revenue and non-GAAP diluted EPS for the second quarter of fiscal 2026 are expected to be as follows:

Q2 FY2026

(In millions, except per share amounts)

Total revenue $ 7,650 +/- $ 500 vs consensus of $7.02B

Non-GAAP diluted EPS $ 2.64 +/- $ 0.20 vs consensus of $2.28
Shares +5.82% AH.

	Q2 FY2026
(In millions, except per share amounts)
Total revenue	$	7,650	+/-	$	500 vs consensus of $7.02B
Non-GAAP diluted EPS	$	2.64	+/-	$	0.20 vs consensus of $2.28