NASDAQ$AMAT
Applied Materials Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Applied Materials reported flat year-over-year quarterly revenue and increased GAAP EPS by 29 percent.
Applied Materials announced its Q4 and Fiscal Year 2023 results, with quarterly revenue of $6.72 billion, flat year over year. The company reported GAAP EPS of $2.38, up 29 percent year over year, and non-GAAP EPS of $2.12, up 4 percent year over year. For the full year, Applied Materials generated record revenue of $26.52 billion, up 3 percent year over year.
- Quarterly revenue was $6.72 billion, flat year over year.
- GAAP EPS was $2.38, up 29 percent year over year.
- Non-GAAP EPS was $2.12, up 4 percent year over year.
- Generated $1.56 billion in cash from operations and distributed $968 million to shareholders.
Headline financials
Revenue & EPS history
Applied Materials · Revenue · Quarterly
$6.72B
Revenue by segment
Applied Materials · $6.43B total across 3 segments · Q4 2023
- Semiconductor Systems$4.88B-3.1%76.0%
- Applied Global Services$1.47B+3.6%22.9%
- Other$71M—1.1%
Forward guidance
In the first quarter of fiscal 2024, Applied expects net sales to be approximately $6.47 billion, plus or minus $400 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.72 to $2.08.
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 2023
+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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