Applied Materials Reports Strong Q4 2026 Results Driven by DRAM and AI Demand
Applied Materials (AMAT) delivered exceptional fourth-quarter fiscal 2026 results, reporting revenue of $10.41 billion, a 53% increase year-over-year. Growth was primarily fueled by record sales in Semiconductor Systems, particularly within the DRAM and advanced packaging segments, as well as strong performance in Korea and Taiwan. The company demonstrated significant operating leverage, with non-GAAP EPS rising 92% year-over-year to $4.16. Looking ahead, management provided optimistic guidance for Q1 fiscal 2027, projecting revenue of approximately $11.1 billion. This outlook is supported by an expected 30% increase in wafer fab equipment (WFE) demand and massive projected cloud capital expenditures exceeding $1 trillion in 2027 due to artificial intelligence expansion.
Tickers: $AMAT
Topics: DRAM sales free cash flow operating margin revenue growth