---
schema_version: "secwatch.filing_event.v1"
accession: "0000006951-24-000017"
form_type: "8-K"
ticker: "AMAT"
cik: "0000006951"
company_name: "APPLIED MATERIALS INC /DE"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T22:01:48.146607+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Applied Materials Q2 FY2024 EPS up 5% (non-GAAP) to $2.09; revenue flat at $6.65B

## Summary
- GAAP EPS $2.06, up 11% YoY; net income $1.72B.
- Non-GAAP EPS $2.09, up 5% YoY; non-GAAP operating margin 29.0%.
- Revenue $6.65B, flat YoY; GAAP gross margin improved 0.7 pts to 47.4%.
- Cash from operations $1.39B; returned $1.09B via $820M buybacks, $266M dividends.
- Management cited strong performance from enabling portfolio for AI, IoT, EVs, clean energy.

## SEC filing metadata
- accession: 0000006951-24-000017
- form_type: 8-K
- ticker: AMAT
- cik: 0000006951
- company_name: APPLIED MATERIALS INC /DE
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6951/000000695124000017/0000006951-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6951/000000695124000017/amat-20240516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006951-24-000017
- JSON: https://secwatch.observer/filing/0000006951-24-000017.json
- Plain text: https://secwatch.observer/filing/0000006951-24-000017.txt

## Key facts
- Earnings Releases
  APPLIED MATERIALS INC /DE reported second quarter ended April 28, 2024 results: revenue $6.65 billion, EPS $2.06.
  - Period: second quarter ended April 28, 2024
  - Revenue: $6.65 billion
  - EPS: $2.06
  - 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 SECOND QUARTER 2024 RESULTS • Revenue $6.65 billion, flat year over year • GAAP operating margin 28.8 percent and non-GAAP operating margin 29.0 percent, flat and down 0.1 point year over year, respectively • GAAP EPS $2.06 and
  evidence_url: https://www.sec.gov/Archives/edgar/data/6951/000000695124000017/0000006951-24-000017-index.htm

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