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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 6.79B | 2.8% |
| Gross Profit | 3.21B | 1.6% |
| Cost of Revenue | 4.01B | 1.3% |
| Operating expense | 1.26B | 1.8% |
| Net Income | 1.71B | 1% |
| EBITDA | 2.04B | 5.2% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 33.6B | 5.3% |
| Total Liabilities | 14.8B | 7.7% |
| Total Equity | 18.8B | 3.5% |
| Shares Outstanding | 826M | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 2.39B | 71.3% |
| Cash from investing | -660M | 343% |
| Cash from financing | -522M | 48.9% |
EPS
Financial Highlights for Applied Materials in Q3 '24
Applied Materials reported a revenue of 6.79B, which is a 2.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.21B, marking a 1.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.01B, a 1.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.26B, showing a 1.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.71B, showing a -1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 2.04B, showing a -5.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Applied Materials faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
