Applied Materials(AMAT) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Investor Relations Contact: Liz Morali (408) 986-7977 liz_morali@amat.com | | | Q1 FY2025 | | Q1 FY2024 | Change | | --- | --- | --- | --- | --- | --- | | | | | | (In millions, except per share amounts and percentages) | | | Net revenue | $| 7,166 |$ | 6,707 | 7% | | Gross margin | | 48.8 % | | 47.8 % | 1.0 point | | Operating margin | | 30.4 % | | 29.3 % | 1.1 points | | Net income | $| 1,185 |$ | 2,019 | (41)% | | Diluted earnings per share | $| 1.45 |$ | 2.41 | (40)% | | Non-GAAP Resul ...