---
schema_version: "secwatch.filing_event.v1"
accession: "0000006951-23-000026"
form_type: "8-K"
ticker: "AMAT"
cik: "0000006951"
company_name: "APPLIED MATERIALS INC /DE"
filed_at: "2023-08-17T23:59:59+00:00"
generated_at: "2026-06-11T08:05:54.415494+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Applied Materials Q3 revenue $6.43B, down 1% YoY; GAAP EPS $1.85 flat, non-GAAP EPS $1.90 down 2%

## Summary
- Revenue $6.43B (-1% YoY); GAAP operating margin 28.0% (down 1.5 pts), non-GAAP op. margin 28.3% (down 1.7 pts).
- GAAP diluted EPS $1.85 (flat YoY); non-GAAP diluted EPS $1.90 (-2% YoY).
- Cash from operations $2.58B; returned $707M to shareholders ($439M buybacks + $268M dividends).
- CEO cites execution at high end of guidance; strategy focused on IoT and AI technologies.

## SEC filing metadata
- accession: 0000006951-23-000026
- form_type: 8-K
- ticker: AMAT
- cik: 0000006951
- company_name: APPLIED MATERIALS INC /DE
- filed_at: 2023-08-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/6951/000000695123000026/0000006951-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6951/000000695123000026/amat-20230817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006951-23-000026
- JSON: https://secwatch.observer/filing/0000006951-23-000026.json
- Plain text: https://secwatch.observer/filing/0000006951-23-000026.txt

## Key facts
- Earnings Releases
  APPLIED MATERIALS INC /DE reported third quarter ended July 30, 2023 results: revenue $6.43 billion, EPS $1.90.
  - Period: third quarter ended July 30, 2023
  - Revenue: $6.43 billion
  - EPS: $1.90
  - Result: reported results
  source text: Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended July 30, 2023. Third Quarter Results Applied generated revenue of $6.43 billion. On a GAAP basis, the company reported gross margin of 46.3 percent, operating income of $1.80 billion or 28.0 percent of net sales, and earnings per share (EPS) of $1.85.
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000000695123000026/0000006951-23-000026-index.htm
- Earnings Releases
  APPLIED MATERIALS INC /DE reported third quarter ended July 30, 2023 results: revenue $6.43 billion, EPS $1.90.
  - Period: third quarter ended July 30, 2023
  - Revenue: $6.43 billion
  - EPS: $1.90
  - 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 THIRD QUARTER 2023 RESULTS • Revenue $6.43 billion, down 1 percent year over year • GAAP operating margin 28.0 percent and non-GAAP operating margin 28.3 percent, down 1.5 points and 1.7 points year over year, respectively • GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000000695123000026/0000006951-23-000026-index.htm

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