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Below are the financial statements of Applied Materials, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Applied Materials, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenue | 27,176a | 26,517a | 25,785a |
| Cost of products sold | -14,279a | -14,133a | -13,792a |
| Gross profit | 12,897a | 12,384a | 11,993a |
| Operating expenses | — | — | — |
| Research, development and engineering | -3,233a | -3,102a | -2,771a |
| Marketing and selling | -836a | -776a | -703a |
| General and administrative | -961a | -852a | -735a |
| Severance and related charges | 0a | 0a | -4a |
| Total operating expenses | -5,030a | -4,730a | -4,205a |
| Income from operations | 7,867a | 7,654a | 7,788a |
| Interest expense | -247a | -238a | -228a |
| Interest and other income (expense), net | 532a | 300a | 39a |
| Income before income taxes | 8,152a | 7,716a | 7,599a |
| Provision for income taxes | -975a | -860a | -1,074a |
| Net income | 7,177a | 6,856a | 6,525a |
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