Applied Materials (AMAT) Reports Fiscal Q1 Earnings: $2.38PS, Revenue $7.01B, Outperforming Estimates

Applied Materials Inc. (AMAT) released fiscal first-quarter results on February 12, 2026, reporting earnings of $2.03 billion and adjusted earnings of $2.38 per share, topping Zacks analysts’ $2.19 per share estimate. Revenue reached $7.01 billion, exceeding the $6.89 billion forecast. For the quarter ending April 30, the company guided to per-share earnings of $2.44–$2.84 and revenue of $7.15B–$8.15B. AMAT shares closed at $330.33, up 29% year-to-date, reflecting strong outperformance compared to the S&P 500’s near-flat start to 2026.