earnings
confidence high
sentiment positive
materiality 0.90
Applied Materials reports record annual revenue of $23.06B, up 34% YoY; Q4 EPS $1.89 GAAP
APPLIED MATERIALS INC /DE
2021-FY EPS reported
$6.40
revenue$23,063,000,000
- Q4 revenue $6.12B (+31% YoY) at low-end of guidance due to supply constraints; GAAP EPS $1.89, non-GAAP $1.94.
- FY2021 revenue $23.06B (+34% YoY); GAAP EPS $6.40, non-GAAP $6.84; record GAAP op margin 29.9%.
- Semiconductor Systems backlog grew from $5.5B to $6.7B in Q4; overall orders up 62% YoY.
- FY2021 cash from operations record $5.44B; returned $4.59B to shareholders ($3.75B buybacks, $838M dividends).
- CEO cites pandemic-driven demand, but near-term supply shortages of certain silicon components persist.