---
schema_version: "secwatch.filing_event.v1"
accession: "0000006951-23-000007"
form_type: "8-K"
ticker: "AMAT"
cik: "0000006951"
company_name: "APPLIED MATERIALS INC /DE"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:53:19.596963+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Applied Materials Q1 revenue $6.74B up 7% YoY; GAAP EPS $2.02, non-GAAP EPS $2.03

## Summary
- Revenue $6.74B (+7% YoY); GAAP EPS $2.02 (+1% YoY); non-GAAP EPS $2.03 (+7% YoY).
- GAAP operating margin 29.2% (down 2.3pp YoY); non-GAAP 29.5% (down 2.2pp).
- Cash from operations $2.27B; returned $470M to shareholders ($250M buybacks, $220M dividends).
- CEO cites strong positions, large backlog, expects to outperform markets in 2023.

## SEC filing metadata
- accession: 0000006951-23-000007
- form_type: 8-K
- ticker: AMAT
- cik: 0000006951
- company_name: APPLIED MATERIALS INC /DE
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6951/000000695123000007/0000006951-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6951/000000695123000007/amat-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006951-23-000007
- JSON: https://secwatch.observer/filing/0000006951-23-000007.json
- Plain text: https://secwatch.observer/filing/0000006951-23-000007.txt

## Key facts
- Earnings Releases
  APPLIED MATERIALS INC /DE reported first quarter ended January 29, 2023 results: revenue $6.74 billion, net income $1,717 million, EPS $2.02.
  - Period: first quarter ended January 29, 2023
  - Revenue: $6.74 billion
  - Net income: $1,717 million
  - EPS: $2.02
  - Result: reported results
  source text: reference in such filing. --- EX-99.1 (EX-99.1 EARNINGS RELEASE) --- EARNINGS RELEASE Document Exhibit 99.1 APPLIED MATERIALS ANNOUNCES FIRST QUARTER 2023 RESULTS • Revenue $6.74 billion, up 7 percent year over year • GAAP operating margin 29.2 percent and non-GAAP operating margin 29.5 percent, down 2.3 points and 2.2 points year over year, respectively • GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000000695123000007/0000006951-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.