Applied Materials Delivers Strong Q2 Fiscal 2025 Results, Forecasts Q3 Revenue Above Estimates

AMAT
September 21, 2025
Applied Materials, Inc. reported strong results for its second fiscal quarter ended April 27, 2025, with total net revenue reaching $7.1 billion, a 7% increase year-over-year. The company achieved a record non-GAAP earnings per share of $2.39, up 14% year-over-year, and a non-GAAP gross margin of 49.2%, its highest since fiscal year 2000. The strong performance was driven by increased leading-edge foundry-logic investments and growth across all business segments, including a 45% year-over-year surge in Display revenue to $259 million. Applied Materials generated approximately $1.6 billion in cash from operations and distributed nearly $2 billion to shareholders through dividends and share repurchases during the quarter. For the third fiscal quarter of 2025, Applied Materials provided an optimistic outlook, projecting total revenue of $7.2 billion, plus or minus $500 million, and non-GAAP diluted EPS of $2.35, plus or minus $0.20. This guidance, which is above Wall Street estimates, anticipates continued acceleration in leading-edge foundry logic investments and a stable DRAM market, driven by high-performance, energy-efficient AI computing. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.