Applied Materials, Inc. officially announced on April 23, 2026, that it will release its fiscal second quarter 2026 financial results on Thursday, May 14, 2026. The company, a global leader in materials engineering solutions for the semiconductor and display industries, will host a conference call and video webcast at 4:30 p.m. ET (1:30 p.m. PT) on the same day to discuss the results and provide a business outlook. The session will be led by President and CEO Gary Dickerson and Senior Vice President and CFO Brice Hill.
The scheduling of the second-quarter report follows a fiscal first quarter in which Applied Materials reported revenue of $7.01 billion. While this represented a 2% decline compared to the same period in the previous year, the figure exceeded the midpoint of the company’s own guidance range. For the first quarter, the company reported a GAAP gross margin of 49.0% and an operating margin of 26.1%. GAAP earnings per share (EPS) rose 75% to $2.54, while non-GAAP EPS remained flat at $2.38. The company generated $1.69 billion in cash from operations and returned $702 million to shareholders, including $365 million in dividends and $337 million in share repurchases.
For the upcoming second-quarter results, Applied Materials previously issued guidance projecting total revenue of approximately $7.65 billion, plus or minus $500 million. Non-GAAP EPS for the period is expected to be in the range of $2.44 to $2.84. Management has attributed this outlook to accelerating industry investments in artificial intelligence (AI) computing, which is driving demand for leading-edge logic, high-bandwidth memory (HBM), and advanced packaging. CEO Gary Dickerson has stated that the company expects its semiconductor equipment business to grow by more than 20% in calendar year 2026, supported by these technology inflections.
Leading into the May 14 report, the company has reached several strategic milestones. In April 2026, Applied Materials introduced two new deposition systems—the Applied Producer Precision Selective Nitride PECVD and the Trillium ALD system—specifically designed for angstrom-era logic chips at the 2-nanometer node and below. These systems address parasitic capacitance and material erosion in gate-all-around (GAA) transistor structures. Additionally, on April 21, 2026, the company announced that Advantest Corporation joined its Equipment and Process Innovation and Commercialization (EPIC) platform as an innovation partner. This partnership aims to link front-end manufacturing technologies with back-end testing to accelerate the commercialization of next-generation semiconductors.
The company’s EPIC Center in Silicon Valley remains on track to become operational later in 2026, serving as a hub for collaborative R&D with partners including Samsung Electronics, SK hynix, and Micron. Furthermore, the company’s board of directors approved a 15% increase in the quarterly cash dividend in March 2026, raising the payout to $0.53 per share, reflecting the company's current cash position and long-term growth projections for the semiconductor equipment market.