Applied Global Services
Recurring-revenue arm: $1.78 billion in fiscal Q3 2026 revenue, up 21.7% from a year earlier.
The numbers
What it is
Service agreements, spare parts, upgrades and factory automation software for tools already installed in customer fabs. Revenue here is recurring rather than tied to new tool orders.↗ source
Why it matters to the stock. Growth in installed tools and service agreements tends to hold up better than new-tool orders when chip spending slows, so it helps smooth quarter-to-quarter revenue.
News
Applied Materials posts record fiscal Q3 2026 revenue of $9.12B and non-GAAP EPS of $3.50
Applied Materials reported record fiscal third-quarter revenue of $9.12 billion for the quarter ended July 26, 2026, up 25% from a year earlier.
Applied Materials Q2 FY2026 record revenue $7.91B; Q3 guided to $8.95B and 2026 outlook raised
Applied reported record fiscal second-quarter revenue of $7.91 billion, up 11% from a year earlier, with record GAAP EPS of $3.51 and non-GAAP EPS of $2.86, up 20%.
Applied Materials Q1 FY2026 revenue $7.01B, down 2%; Q2 revenue guided to $7.65B
Applied reported fiscal first-quarter revenue of $7.01 billion, down 2% from a year earlier, with non-GAAP EPS of $2.38, flat year over year.