---
schema_version: "secwatch.filing_event.v1"
accession: "0000006951-24-000006"
form_type: "8-K"
ticker: "AMAT"
cik: "0000006951"
company_name: "APPLIED MATERIALS INC /DE"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:39:50.370868+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Applied Materials Q1 FY2024: rev flat $6.71B, GAAP EPS $2.41 (+19%), non-GAAP $2.13 (+5%)

## Summary
- Revenue $6.71B flat YoY; GAAP EPS $2.41 (+19%), non-GAAP EPS $2.13 (+5%).
- GAAP operating margin 29.3% (+0.1pp); non-GAAP operating margin 29.5% (flat).
- Cash from operations $2.33B; returned $966M to shareholders via $700M buybacks and $266M dividends.
- CEO cites leadership in AI and IoT inflections driving continued outperformance.
- Change in useful lives of PP&E boosted GAAP and non-GAAP EPS by $0.03.

## SEC filing metadata
- accession: 0000006951-24-000006
- form_type: 8-K
- ticker: AMAT
- cik: 0000006951
- company_name: APPLIED MATERIALS INC /DE
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6951/000000695124000006/0000006951-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6951/000000695124000006/amat-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006951-24-000006
- JSON: https://secwatch.observer/filing/0000006951-24-000006.json
- Plain text: https://secwatch.observer/filing/0000006951-24-000006.txt

## Key facts
- Earnings Releases
  APPLIED MATERIALS INC /DE reported first quarter ended January 28, 2024 results: revenue $6.71 billion, net income $2,019 million, EPS $2.41.
  - Period: first quarter ended January 28, 2024
  - Revenue: $6.71 billion
  - Net income: $2,019 million
  - EPS: $2.41
  - Result: reported results
  source text: Applied generated revenue of $6.71 billion. On a GAAP basis, the company reported gross margin of 47.8 percent, operating income of $1.97 billion or 29.3 percent of net revenue, and earnings per share (EPS) of $2.41.
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000000695124000006/0000006951-24-000006-index.htm

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