secwatch / observer

APPLIED MATERIALS INC /DE — fact timeline

Source-grounded facts extracted from APPLIED MATERIALS INC /DE's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AMAT APPLIED MATERIALS INC /DE JSON

Akash Palkhiwala was elected as Director and Audit Committee member at APPLIED MATERIALS INC /DE.

“On August 27, 2026, the Board of Directors (the “Board”) of Applied Materials, Inc. (“Applied” or the “Company”) elected Akash Palkhiwala to the Board and the Board’s Audit Committee, effective immediately.”
Earnings Releases

APPLIED MATERIALS INC /DE reported second quarter ended April 26, 2026 results: revenue $7,910 million, net income $2,806 million, EPS $3.51.

“986-7977 mike_sullivan@amat.com Media Contact: Ricky Gradwohl (408) 235-4676 ricky_gradwohl@amat.com APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2026 RESULTS • Record revenue $7.91 billion, up 11 percent year over year • GAAP gross margin 49.9 percent and non-GAAP gross margin 50.0 percent • Record GAAP EPS $3.51 and record non-GAAP EPS $2.86, up 33 percent and 20”
Restructurings & Charges

APPLIED MATERIALS INC /DE announced a restructuring with charges of approximately $160 million to $180 million (approximately four percent of its global workforce).

“On October 23, 2025, Applied Materials, Inc. (“Applied” or the “Company”) approved a workforce reduction plan to position the Company for continued growth as a more competitive and productive organization. Applied expects approximately four percent of its global workforce to be impacted under this action and the Company to incur charges of approximately $160 million to $180 million, consisting primarily of severance and other one-time employment termination benefits to be paid in cash, and other non-cash related charges.”
Debt Financings

APPLIED MATERIALS INC /DE incurred revolving credit of $2.0 billion with Bank of America, N.A. (as administrative agent) and the lenders party thereto at Term SOFR plus applicable margin ranging from 0.50% to 1.00% per annum, or alter maturing September 24, 2026.

“On September 25, 2025, Applied Materials, Inc. (“Applied”) entered into a credit agreement (the “Credit Agreement”) for a 364-day $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto (collectively, the “Lenders”).”
Debt Financings

APPLIED MATERIALS INC /DE incurred credit facility of $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent, and the lenders party thereto at Term SOFR plus an adjustment of 0.10% plus the applicable margin, which will ran maturing February 24, 2030.

“On February 24, 2025, Applied Materials, Inc. (“Applied”) entered into a credit agreement (the “Credit Agreement”) for a five-year $2.0 billion revolving credit facility with Bank of America, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto (collectively, the “Lenders”).”
Earnings Releases

APPLIED MATERIALS INC /DE reported second quarter ended April 28, 2024 results: revenue $6.65 billion, EPS $2.06.

“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”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders rejected Shareholder Proposal Regarding Pay Equity Reporting at the 2024-03-07 meeting.

“The shareholder proposal requesting that the Company report on quantitative median and adjusted pay gaps across race and gender was not approved.”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders rejected Shareholder Proposal Regarding Lobbying Report at the 2024-03-07 meeting.

“The shareholder proposal requesting that the Company prepare a report disclosing Company policy and procedures governing lobbying and payments by the Company used for lobbying was not approved.”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Ratification of the Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2024 at the 2024-03-07 meeting.

“The appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2024 was ratified.”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Approval, on an Advisory Basis, of the Compensation of the Company’s Named Executive Officers for Fiscal Year 2023 at the 2024-03-07 meeting.

“The compensation of the Company’s named executive officers, as disclosed in the Company’s Proxy Statement for the Annual Meeting, was approved on an advisory basis.”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Election of Directors at the 2024-03-07 meeting.

“Each of the ten nominees was elected to serve as a director for a one-year term and until he or she is succeeded by another qualified director who has been elected, or, if earlier, until his or her death, resignation or removal.”

Adam Sanders was appointed as Vice President, Corporate Controller and Chief Accounting Officer at APPLIED MATERIALS INC /DE.

“On February 27, 2024, Applied Materials, Inc. (“Applied” or the “Company”) appointed Adam Sanders as the Company’s Appointed Vice President, Corporate Controller and Chief Accounting Officer (“Chief Accounting Officer”), effective March 4, 2024 (the “Effective Date”).”
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.

“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.”
Governance Changes

APPLIED MATERIALS INC /DE: Lowered ownership threshold for calling special meetings from 20% to 10%, reflected Delaware law amendments, and made ministerial changes (effective 2023-12-08).

“On December 8, 2023, the Board of Directors (the “Board”) of the Company amended its Amended and Restated Bylaws, effective immediately, to: lower the ownership threshold required for stockholders to call a special meeting from 20% to 10%; reflect recent Delaware law amendments, including but not limited to communications regarding adjourned stockholder meetings, proxy requirements, and requirements for action by written consent of the Board; and make technical edits and clarifying, conforming and ministerial changes.”

Charles Read was appointed as interim principal accounting officer at APPLIED MATERIALS INC /DE.

“Charles Read will serve as the Company’s interim principal accounting officer, effective immediately.”

Jeff Bodner departed as principal accounting officer at APPLIED MATERIALS INC /DE.

“On December 11, 2023, Jeff Bodner, the principal accounting officer of Applied Materials, Inc. (the “Company” or “Applied”), departed the Company.”
Earnings Releases

APPLIED MATERIALS INC /DE reported fiscal year ended October 29, 2023 results: revenue $26.52 billion, net income $6,856 million, EPS $8.11.

“In fiscal 2023, Applied generated record revenue of $26.52 billion. On a GAAP basis, the company recorded”
Earnings Releases

APPLIED MATERIALS INC /DE reported fourth quarter ended October 29, 2023 results: revenue $6.72 billion, net income $2,004 million, EPS $2.38.

“--- EX-99.1 (EX-99.1 EARNINGS RELEASE) --- EARNINGS RELEASE Document Exhibit 99.1 APPLIED MATERIALS ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS • Quarterly revenue $6.72 billion, flat year over year • Quarterly GAAP EPS $2.38 and non-GAAP EPS $2.12, up 29 percent and 4 percent year over year, respectively • Annual revenue $26.52 billion, up 3 percent”
Earnings Releases

APPLIED MATERIALS INC /DE reported third quarter ended July 30, 2023 results: revenue $6.43 billion, EPS $1.90.

“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.”
Earnings Releases

APPLIED MATERIALS INC /DE reported second quarter ended April 30, 2023 results: revenue $6.63 billion, net income $1,575 million, EPS $1.86.

“reference in such filing. --- EX-99.1 (EX-99.1 EARNINGS RELEASE) --- EARNINGS RELEASE Document Exhibit 99.1 APPLIED MATERIALS ANNOUNCES SECOND QUARTER 2023 RESULTS • Revenue $6.63 billion, up 6 percent year over year • GAAP operating margin 28.8 percent and non-GAAP operating margin 29.1 percent, both down 1.5 points year over year • GAAP EPS $1.86 and non-GAAP”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders rejected Shareholder Proposal Regarding Executive Compensation Program and Policy at the 2023-03-09 meeting.

“For Against Abstain Broker Non-Votes 62,097,687 576,813,728 5,868,169 87,375,529”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Shareholder Proposal Regarding Special Shareholder Meeting at the 2023-03-09 meeting.

“For Against Abstain Broker Non-Votes 324,058,307 319,236,286 1,484,991 87,375,529”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Ratification of the Appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-03-09 meeting.

“For Against Abstain 717,522,697 13,506,157 1,126,259”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Approval, on an Advisory Basis, of the Frequency of Holding an Advisory Vote on Executive Compensation at the 2023-03-09 meeting.

“One Year Two Years Three Years Abstain 635,872,904 807,056 7,142,735 956,889”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Approval, on an Advisory Basis, of the Compensation of the Company's Named Executive Officers for Fiscal Year 2022 at the 2023-03-09 meeting.

“For Against Abstain Broker Non-Votes 595,938,579 46,750,557 2,090,448 87,375,529”
Shareholder Votes

APPLIED MATERIALS INC /DE shareholders approved Election of Directors at the 2023-03-09 meeting.

“Name of Nominee For Against Abstain Broker Non-Votes Rani Borkar 641,625,411 2,278,993 875,180 87,375,529 Judy Bruner 617,265,731 26,629,021 884,832 87,375,529 Xun (Eric) Chen 640,588,645 3,341,808 849,131 87,375,529 Aart J. de Geus 634,049,276 9,830,515 899,793 87,375,529 Gary E. Dickerson 639,030,257 4,910,268 839,059 87,375,529 Thomas J. Iannotti 597,829,210 46,076,371 874,003 87,375,529 Alexander A. Karsner 614,121,121 29,738,895 919,568 87,375,529 Kevin P. March 641,730,187 2,136,874 912,523 87,375,529 Yvonne McGill 635,622,548 8,279,792 877,244 87,375,529 Scott A. McGregor 641,271,719 2,637,146 870,719 87,375,529”
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.

“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”
Governance Changes

APPLIED MATERIALS INC /DE: 修订了公司章程,加强股东提名董事的程序性机制和披露要求 (effective 2022-12-13).

“On December 13, 2022, the Board of Directors (the “Board”) of Applied Materials, Inc. (“Applied Materials”) amended its Amended and Restated Bylaws, effective immediately, to enhance procedural mechanics and disclosure requirements in connection with stockholder nominations of directors”
Earnings Releases

APPLIED MATERIALS INC /DE reported the fiscal year ended October 30, 2022 results: revenue $25.79 billion, net income $6,525, EPS $7.44.

“10 percent year over year • Quarterly GAAP EPS of $1.85 and record non-GAAP EPS of $2.03, down 2 percent and up 5 percent year over year, respectively • Record annual revenue of $25.79 billion, up 12 percent year over year • Record annual GAAP EPS of $7.44 and record non-GAAP EPS of $7.70, up 16 percent and up 13 percent year over year, respectively SANTA CLARA,”
Earnings Releases

APPLIED MATERIALS INC /DE reported the fourth quarter ended October 30, 2022 results: revenue $6.75 billion, net income $1,591, EPS $1.85.

“(EX-99.1 EARNINGS RELEASE) --- EARNINGS RELEASE Document Exhibit 99.1 APPLIED MATERIALS ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS • Record quarterly revenue of $6.75 billion, up 10 percent year over year • Quarterly GAAP EPS of $1.85 and record non-GAAP EPS of $2.03, down 2 percent and up 5 percent year over year, respectively • Record annual revenue”

Kevin P. March was elected as Director at APPLIED MATERIALS INC /DE.

“On October 20, 2022, the Board of Directors (the “Board”) of Applied Materials, Inc. (“Applied” or the “Company”) elected Kevin P. March to the Board and the Board’s Audit Committee, effective immediately.”

Ali Salehpour departed as Senior Vice President, Services, Display and Flexible Technology at APPLIED MATERIALS INC /DE.

“Ali Salehpour, then Senior Vice President, Services, Display and Flexible Technology of Applied Materials, Inc. (“Applied” or the “Company”), notified Applied of his intent to retire from the Company in January 2023.”

Jeff Bodner was appointed as Corporate Vice President, Corporate Controller and Chief Accounting Officer at APPLIED MATERIALS INC /DE.

“On September 6, 2022, Applied appointed Jeff Bodner as the Company’s new Corporate Vice President, Corporate Controller and Chief Accounting Officer, effective September 13, 2022”

Charles Read was appointed as Corporate Vice President, Business Units and Operations CFO at APPLIED MATERIALS INC /DE.

“Effective September 13, 2022, Mr. Read will begin serving as the Company’s Corporate Vice President, Business Units and Operations CFO.”

Ali Salehpour departed as Senior Vice President, Services, Display and Flexible Technology at APPLIED MATERIALS INC /DE.

“On August 23, 2022, Ali Salehpour, Senior Vice President, Services, Display and Flexible Technology of Applied Materials, Inc. (“Applied” or the “Company”), notified Applied of his intent to retire from the Company in January 2023.”

Robert J. Halliday changed role as Corporate Vice President and Advisor at APPLIED MATERIALS INC /DE.

“Mr. Hill will succeed Robert J. Halliday, the Company’s interim Chief Financial Officer. Mr. Halliday will remain with the Company to support a smooth transition and resume his role as a Corporate Vice President and Advisor.”

Brice Hill was appointed as Senior Vice President, Chief Financial Officer at APPLIED MATERIALS INC /DE.

“appointed Brice Hill, age 55, Senior Vice President, Chief Financial Officer, of the Company, effective on March 7, 2022”

Robert J. Halliday was appointed as interim CFO at APPLIED MATERIALS INC /DE.

“Effective immediately, Robert J. Halliday, age 67, will serve as Applied’s interim CFO while the Company conducts a search for Mr. Durn’s successor.”

Daniel J. Durn departed as Senior Vice President, Chief Financial Officer at APPLIED MATERIALS INC /DE.

“On September 28, 2021, Daniel J. Durn, Applied Materials, Inc.’s (“Applied” or the “Company”) Senior Vice President, Chief Financial Officer, notified the Company he will be leaving Applied to become the CFO at Adobe Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.