Applied Materials guided to $8.95 billion. Will its quarterly revenue top that when it reports Aug 13?
100% of users predicted YES — the community got this one right. 1 predictions cast.
Applied Materials reported fiscal third-quarter 2026 results on August 13, posting revenue of $9.12 billion, up 25% year over year and above both its own $8.95 billion guidance and Wall Street's roughly $8.99-9.0 billion consensus estimate. Non-GAAP earnings per share came in at $3.50, also topping analyst forecasts of about $3.40-3.45.
The beat was driven largely by continued strong demand for semiconductor manufacturing equipment tied to AI chip production. Despite the top- and bottom-line beat, shares fell in after-hours trading as investors focused on near-term margin guidance and a declining share of China revenue. For the fiscal fourth quarter, the company guided to approximately $10.25 billion in revenue, above prior analyst expectations.
The community's forecast of 100% "yes" matched the actual outcome: revenue did top the $8.95 billion guidance figure, resolving the question true.