Applied Materials Reports Record Q3 Revenue of $9.12 Billion Up 25 Percent Year Over Year
Applied Materials posted its highest-ever quarterly revenue in fiscal Q3 2026 at $9.115 billion, with Semiconductor Systems alone contributing $7.04 billion, and guided Q4 revenue to approximately $10.25 billion. The company also raised its calendar-2026 Semiconductor Systems outlook for the third consecutive quarter, having previously set a floor of more than 30% growth in May. Management attributed the momentum to AI-driven demand for advanced chips exceeding supply, with customers announcing more than 10 new fab projects during the quarter.