Applied Materials, Inc. (AMAT) Earnings Call Transcripts
Applied Materials, Inc.'s Latest Earnings Call - June 25, 2026
In the fiscal Q3 2026 earnings call, Applied Materials, Inc. reported revenues of $6.5 billion, exceeding expectations of $6.2 billion, and earnings per share (EPS) of $1.85, beating the consensus estimate by $0.15. The company highlighted strong demand driven by AI applications, particularly in DRAM and advanced packaging, which are expected to continue growing significantly. Management raised guidance for Q4 2026, projecting revenues of $6.8 billion, up from previous estimates of $6.5 billion, reflecting confidence in ongoing market trends.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $6.5B (beat) |
| EPS | $1.85 (beat) |
| Q4 Revenue Guidance | $6.8B (beat) |
| Advanced Packaging Revenue | over $2B (positive) |
| DRAM Market Share | 10 points (positive) |
| WFE Spending Ratio | 2x (positive) |
Guidance from management
Management raised Q4 2026 revenue guidance to $6.8 billion, up from previous estimates of $6.5 billion, reflecting strong demand in DRAM and advanced packaging sectors.
What analysts pressed on
Analysts expressed concerns regarding potential supply chain disruptions and the sustainability of the current demand surge. Questions were raised about how Applied Materials plans to address any future capacity constraints as demand continues to rise.
Main topics on the call
- AI-Driven Demand — Management emphasized that AI is driving unprecedented demand in the semiconductor space, stating, "AI waves are fueling demand for faster, more energy-efficient chips and systems." This trend is expected to sustain grow...
- DRAM Market Position — Applied Materials has solidified its position as the leading supplier in the DRAM market, with management noting, "We’ve since gained around 10 points of share and become #1." The company expects DRAM WFE spending to be ...
- Advanced Packaging Growth — The advanced packaging segment is projected to grow over 50% this year, with management stating, "We expect our advanced packaging revenue to increase by more than 50% to more than $2 billion." This reflects strong deman...
- Innovation Strategy — Applied's 'inflection-focused innovation' strategy is driving growth, with management claiming, "We believe we can generate more than 4x that over the next 5 years" from their co-optimized solutions. This positions the c...
Read the full Applied Materials, Inc. transcript (June 25, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Applied Materials, Inc.
Applied Materials, Inc. (AMAT) is a publicly listed company in the Semiconductors and Semiconductor Equipment industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 81 calls on record spanning February 12, 2020 to June 25, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 81 Applied Materials, Inc. earnings call transcripts on record, spanning February 12, 2020 to June 25, 2026. Based on this history, Applied Materials, Inc. reports quarterly. The most recent call on file is dated June 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- AMAT
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Calls on record
- 81
- First call
- February 12, 2020
- Most recent
- June 25, 2026
- Reporting cadence
- quarterly