Applied Materials reported earnings per share (EPS) of $4.16 against an estimate of $4.06, with revenue of $10.41 billion against an estimate of $10.30 billion, a beat on both counts. The stock rose in after-hours trading following the report, which was released after the close on Thursday, November 12, 2026.
Source: Trades in the regular session and after hours, against the close · as of November 12, 2026 at 6:45 PM ET · Five-minute closes. Extended-hours trading is thin; the price can move a long way before the open.
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Earnings per share | $4.16 | $4.06 | Beat |
| Revenue | $10.41 billion | $10.30 billion | Beat |
Source: Company earnings report and sell-side analyst consensus estimates · as of November 12, 2026 at 6:45 PM ET · Reported after the close on Thursday, November 12, 2026.
Against the quarters before
Applied Materials has topped both earnings and revenue estimates in each of the last four quarters on record. Most recently, in the quarter reported August 13, 2026, the company posted EPS of $3.50 against an expected $3.40, on revenue of $9.12 billion. Before that, the quarter reported May 14, 2026 brought EPS of $2.86 versus $2.68 expected, with revenue of $7.91 billion. The quarter reported February 12, 2026 showed EPS of $2.38 against $2.21 expected, on revenue of $7.01 billion, and the quarter reported December 12, 2025 showed EPS of $2.17 versus $2.11 expected, with revenue of $6.80 billion. Across all four periods shown, actual results came in above the estimates listed.
Source: Company earnings reports and the consensus estimates at the time
| Reported | EPS | Estimate | Revenue | EPS result |
|---|---|---|---|---|
| August 13, 2026 | $3.50 | $3.40 | $9.12 billion | Beat |
| May 14, 2026 | $2.86 | $2.68 | $7.91 billion | Beat |
| February 12, 2026 | $2.38 | $2.21 | $7.01 billion | Beat |
| December 12, 2025 | $2.17 | $2.11 | $6.80 billion | Beat |
Source: Company earnings reports and the consensus estimates at the time
How the stock took it
Shares traded at $385.50 after hours, up 1.19% from the prior close of $380.95, putting the company's market value at $302.32 billion. The Wall Street Journal reported that Applied Materials' profit and sales both grew on the back of stronger demand for semiconductor equipment, and said the company appeared well positioned heading forward. No additional management commentary or guidance was included in the facts on file.
| Measure | Value |
|---|---|
| Last close | $380.95 |
| Price | $385.50 |
| Change | +1.19% |
Source: Extended-hours trades against the regular close · as of November 12, 2026 at 6:45 PM ET · Extended-hours trading is thin; the price can move a long way before the open.
Who it buys from and sells to
No suppliers or customers for Applied Materials are named in company filings on file today. Understanding where a chipmaking equipment supplier sits in the broader semiconductor supply chain can help explain how demand shifts ripple through the industry, but we have no filed names to point to here.