For the quarter ended July 2026, Applied Materials (AMAT Quick QuoteAMAT - Free Report) reported revenue of $9.12 billion, up 24.8% over the same period last year. EPS came in at $3.50, compared to $2.48 in the year-ago quarter.

The reported revenue represents a surprise of +1.31% over the Zacks Consensus Estimate of $9 billion. With the consensus EPS estimate being $3.38, the EPS surprise was +3.55%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Applied Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Revenue- Other: $294 million compared to the $301.2 million average estimate based on two analysts. The reported number represents a change of +2350% year over year.
• Net Revenue- Semiconductor Systems: $7.04 billion compared to the $6.92 billion average estimate based on two analysts. The reported number represents a change of +29.7% year over year.
• Net Revenue- Applied Global Services: $1.78 billion compared to the $1.75 billion average estimate based on two analysts. The reported number represents a change of +11.3% year over year.

View all Key Company Metrics for Applied Materials here>>>

Shares of Applied Materials have returned -5.4% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.