Applied Materials posts record fiscal 2026 results, sees over 40% growth in Semiconductor Systems

CEO Gary Dickerson says the chip equipment segment is on track to grow more than 40% in calendar 2026 as AI demand keeps the order books full Applied Materials just closed out the best year in its history, and its CEO thinks the next one could look even better. The company reported record fiscal 2026 results, with total revenue reaching $34.45 billion , a 21% jump from the prior fiscal year. CEO Gary Dickerson then raised the stakes: he expects the Semiconductor Systems business to grow more than 40% in calendar year 2026. Start with profitability. Non-GAAP earnings per share for fiscal 2026 came in at $12.89, up 37% year over year. The margin line backs that up.

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