secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001628280-26-007661
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Materials Q1 revenue $7.01B (-2% YoY); GAAP EPS $2.54 (+75%), non-GAAP flat; record DRAM/services
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- Revenue $7.01B, down 2% YoY; GAAP net income $2.026B (EPS $2.54) vs $1.185B ($1.45) prior year.
- Non-GAAP EPS $2.38, flat YoY; non-GAAP gross margin 49.1%, operating margin 30.0%.
- Semiconductor Systems achieved record DRAM revenue; Applied Global Services record services and spares revenue.
- Cash from operations $1.69B; returned $702M via $337M buybacks and $365M dividends.
- CEO expects semicon equipment business to grow over 20% in calendar 2026; CFO notes capacity expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000162828026007661/0001628280-26-007661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000162828026007661/amat-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007661

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer