Applied Materials (XSWX:AMAT) Pre-Tax Income: CHF8,233 Mil (TTM As of Apr. 2026)

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XSWX:AMAT Applied Materials Inc XSWX:AMAT
81 GF Score
Price CHF411.00
GF Value CHF181.41
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Applied Materials Pre-Tax Income?

Applied Materials XSWX:AMAT +2.85% 81 Pre-Tax Income is CHF8,233 Mil as of Apr. 2026. GuruFocus rates XSWX:AMAT with a GF Score™ of 81/100 and a GF Value™ of CHF181.41 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Pretax income is the income that a company earns before paying income taxes. Applied Materials's pretax income for the three months ended in Apr. 2026 was CHF2,540 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2026 was CHF8,233 Mil. Applied Materials's pretax margin was 40.77%.

During the past 13 years, Applied Materials's highest Pretax Margin was 35.77%. The lowest was 18.60%. And the median was 27.71%.


Applied Materials  (XSWX:AMAT) Pre-Tax Income Explanation

Applied Materials's Pretax Margin for the quarter that ended in Apr. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2540.01/6229.916
=40.77%

During the past 13 years, Applied Materials's highest Pretax Margin was 35.77%. The lowest was 18.60%. And the median was 27.71%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Applied Materials Pre-Tax Income Related Terms


Applied Materials Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Applied Materials's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Applied Materials Pre-Tax Income Chart

Applied Materials Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,247.60 7,560.25 6,971.41 7,021.32 7,393.62

Applied Materials Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,935.85 2,047.58 1,807.93 1,837.72 2,540.01

XSWX:AMAT vs LRCX, KLAC, TER: Pre-Tax Income Comparison

For the Semiconductor Equipment & Materials subindustry, Applied Materials's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Applied Materials Pre-Tax Income vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Applied Materials's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Applied Materials's Pre-Tax Income falls into.


XSWX:AMAT
81GF Score
Applied Materials Inc XSWX:AMAT
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied Materials Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Applied Materials's Pretax Income for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=6754.825+-144.347+-214.527+997.672+-0.00099999999929423
=7,394

Applied Materials's Pretax Income for the quarter that ended in Apr. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1987.115+0+-54.344+607.24+-0.00099999999974898
=2,540

Pre-Tax Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8,233 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of CHF8,233 Mil mean?
Applied Materials (XSWX:AMAT) has a Pre-Tax Income of CHF8,233 Mil as of Apr. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Applied Materials and its competitors.
Is Applied Materials' Pre-Tax Income too high?
Applied Materials' current Pre-Tax Income is CHF8,233 Mil. Overall, Applied Materials has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Pre-Tax Income compare to LRCX and KLAC?
Applied Materials' Pre-Tax Income of CHF8,233 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Semiconductors company?
A good Pre-Tax Income depends on the Semiconductors industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Applied Materials and its competitors. Applied Materials's current Pre-Tax Income is CHF8,233 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF181.41, compared to a current price of CHF411.00 — trading 126.6% above its estimated fair value. The current Pre-Tax Income is CHF8,233 Mil. Applied Materials' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Applied Materials (XSWX:AMAT), the current Pre-Tax Income is CHF8,233 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Applied Materials (XSWX:AMAT) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued. The current stock price of CHF411.00 is trading 126.6% above its estimated GF Value™ of CHF181.41. GuruFocus considers Applied Materials to be Significantly Overvalued.

Key valuation signals for XSWX:AMAT:

  • Pre-Tax Income: CHF8,233 Mil
  • GF Value™: CHF181.41 vs. price of CHF411.00 (126.6% above fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the XSWX:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Applied Materials Business Description

Address 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
81GF Score

Get the complete analysis for XSWX:AMAT

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF411.00
Price
CHF181.41
GF Value