AMATApplied Materials

Technology · Semiconductors · Nasdaq

Applied Materials, Inc. is the leader in the materials engineering solutions used to produce virtually every semiconductor in the world. 10-K, Item 1

Headquarters: Santa Clara, CA
CEO: Gary E. Dickerson
Next results: around Nov 12, 2026

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Key numbers

Latest fiscal year, with ten years behind each

RevenueFY2016–25 $28.4B+4.4% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $7.0B−2.5% FY2024: $7.2B 10-K FY2025 · XBRL Free cash flowFY2016–25 $5.7B−23.9% FY2024: $7.5B 10-K FY2025 · XBRL Operating marginFY2016–25 29.2%+0.3 pts 19.9% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Dec 12, 2025 against Dec 13, 2024

Area	What changed	Source
Risk factors	9 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	1 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Dec 12, 2025

Paragraphs in Risk Factors that were not in the 10-K filed 2024-12-13. Quoted as filed.

Our business, financial condition and results of operations may be adversely affected by uncertainty and changes in trade policies, including tariffs, and trade disputes between the United States and other countries. The United States has announced changes to its trade policy, including increased tariffs on imports. These actions have…
10-K, Item 1A

All 9 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables -0.9% vs revenue +4.4% (-5.3 pts)
✓
Cash from operations $8.0B vs net income $7.0B (FY ending 2025-10-26)
✓
Inventory +9.1% vs revenue +4.4% (+4.7 pts)
✓
Same auditor in both 10-Ks: KPMG LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Evaluation of sufficiency of audit evidence over revenue; KPMG LLP
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Oct 26, 20268-K Other events 8-K item 8.01

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