Applied Materials (AMAT) Outlines Q2 Revenue and Profit Above Estimates, Shares Up 9%

Applied Materials (AMAT) reported on Friday, February 13, 2026, that it forecast second-quarter revenue and adjusted profit above estimates, led by heightened demand for AI processors and manufacturing expansion. The company anticipates Q2 sales of about $7.65 billion (±$500 million), versus $7.01 billion, and adjusted profit of about $2.64 per share (±$0.20), versus $2.28 per share, according to LSEG data. The positive guidance drove its shares up 9% in extended trading.