NASDAQ$AMAT
Applied Materials Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Applied Materials reported strong Q4 2021 results with revenue at the low end of guidance due to supply chain challenges, and record annual revenue and operating margin.
Applied Materials announced its Q4 and Fiscal Year 2021 results, with record annual revenue of $23.06 billion, up 34% year over year. The company's Q4 revenue reached $6.12 billion, a 31% increase year over year, despite facing supply chain challenges. The company returned $1.72 billion to shareholders through share repurchases and dividends.
- Record annual revenue of $23.06 billion, up 34% year over year.
- Record annual GAAP operating margin of 29.9%, non-GAAP operating margin of 31.7%, GAAP EPS of $6.40 and non-GAAP EPS of $6.84.
- Quarterly revenue of $6.12 billion, up 31% year over year.
- Record quarterly GAAP operating margin of 32.9%, non-GAAP operating margin of 33.1%, GAAP EPS of $1.89 and non-GAAP EPS of $1.94.
Headline financials
Revenue & EPS history
Applied Materials · Revenue · Quarterly
$6.12B
Revenue by segment
Applied Materials · $5.71B total across 3 segments · Q4 2021
- Semiconductor Systems$4.31B+40.3%75.5%
- Applied Global Services$1.37B+23.8%24.0%
- Other$30M+11.1%0.5%
Forward guidance
For the first quarter of fiscal 2022, Applied expects net sales to be approximately $6.16 billion, plus or minus $250 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.78 to $1.92.
Tailwinds
- Net sales are expected to be approximately $6.16 billion, plus or minus $250 million.
- Non-GAAP adjusted diluted EPS is expected to be in the range of $1.78 to $1.92.
- The net sales outlook includes the expected impact of ongoing supply chain challenges.
- The EPS outlook excludes known charges related to completed acquisitions of $0.01 per share.
- The EPS outlook excludes a net income tax benefit related to intra-entity intangible asset transfers of $0.02 per share.
Headwinds
- The net sales outlook includes the expected impact of ongoing supply chain challenges.
- The EPS outlook does not reflect any items that are unknown at this time.
- The EPS outlook does not include any additional charges related to acquisitions.
- The EPS outlook does not include other non-operational or unusual items.
- The EPS outlook does not include other tax-related items, which we are not able to predict without unreasonable efforts due to their inherent uncertainty.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+0.7%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.9%
Avg return
30 days after
56%
41 / 73 earnings
Positive
+13.8%
Q2 2016
Best reaction
-14.1%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -4.2% | -6.4% | +25.5% | |
| Q1 2026 | +8.1% | +12.5% | +4.0% | |
| Q4 2025 | +4.4% | +5.3% | +16.1% | |
| Q3 2025 | -14.1% | -14.5% | -10.9% | |
| Q2 2025 | -5.1% | -7.2% | -2.4% | |
| Q1 2025 | -8.2% | -5.5% | -15.5% | |
| Q4 2024 | -7.6% | -7.4% | -7.4% | |
| Q3 2024 | +3.1% | +2.2% | -6.5% | |
| Q2 2024 | -2.5% | +1.1% | +9.0% | |
| Q1 2024 | +7.2% | +1.6% | +6.7% | |
| Q4 2023 | -4.4% | -3.9% | +4.2% | |
| Q3 2023 | +3.2% | +6.9% | +0.0% | |
| Q2 2023 | +1.0% | -1.0% | +10.5% | |
| Q1 2023 | -3.4% | -6.8% | +2.6% | |
| Q4 2022 | +0.5% | +2.7% | +0.5% | |
| Q3 2022 | -1.3% | -3.8% | -16.2% | |
| Q2 2022 | -4.4% | -4.3% | -19.3% | |
| Q1 2022 | -2.4% | -4.6% | -3.4% | |
| Q4 2021 | -3.8% | -4.5% | -6.3% | |
| Q3 2021 | -0.1% | +3.2% | +10.5% | |
| Q2 2021 | +3.1% | +10.2% | +5.2% | |
| Q1 2021 | +3.2% | +0.4% | -0.7% | |
| Q4 2020 | +2.3% | +4.5% | +24.1% | |
| Q3 2020 | +1.7% | -0.1% | -17.3% | |
| Q2 2020 | +1.1% | +7.7% | +9.8% | |
| Q1 2020 | +4.5% | +3.7% | -21.0% | |
| Q4 2019 | +8.6% | +6.7% | +4.8% | |
| Q3 2019 | -0.2% | +0.0% | +9.9% | |
| Q2 2019 | +2.9% | -0.6% | -0.7% | |
| Q1 2019 | -4.3% | -3.8% | -1.1% | |
| Q4 2018 | +5.4% | +6.5% | -2.8% | |
| Q3 2018 | -7.9% | -7.9% | -17.7% | |
| Q2 2018 | -10.3% | -8.9% | -10.6% | |
| Q1 2018 | +9.0% | +11.1% | +20.0% | |
| Q4 2017 | +1.3% | +5.4% | -5.8% | |
| Q3 2017 | -0.4% | -0.0% | +6.0% | |
| Q2 2017 | +3.1% | +5.0% | +0.8% | |
| Q1 2017 | -0.1% | +1.2% | +11.5% | |
| Q4 2016 | +2.4% | +5.5% | +8.3% | |
| Q3 2016 | +8.6% | +9.7% | +10.1% | |
| Q2 2016 | +13.8% | — | — | |
| Q1 2016 | +7.2% | — | — | |
| Q4 2015 | +2.7% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | +1.4% | — | — | |
| Q1 2015 | -0.6% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2014 | +7.2% | — | — | |
| Q2 2014 | +6.6% | — | — | |
| Q1 2014 | +6.1% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | -0.7% | — | — | |
| Q2 2013 | +1.1% | — | — | |
| Q1 2013 | +1.7% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | +2.3% | — | — | |
| Q2 2012 | -1.2% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | +2.4% | — | — | |
| Q3 2011 | +5.4% | — | — | |
| Q2 2011 | -2.6% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q1 2009 | +1.4% | — | — | |
| Q1 2010 | +1.4% | — | — | |
| Q4 2007 | +1.9% | — | — | |
| Q4 2009 | +1.9% | — | — | |
| Q3 2009 | -1.6% | — | — | |
| Q2 2009 | -1.6% | — | — | |
| Q4 2008 | -1.6% | — | — | |
| Q3 2008 | -1.6% | — | — |
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