Invesaro

Stocks Comparison

Applied Materials vs Micron Technology: revenue, profit, margins and growth compared

Applied Materials brought in $28.4B of revenue in fiscal 2025, Micron Technology $37.4B in fiscal 2025. Revenue changed by +4.4% at Applied Materials and +48.9% at Micron Technology on the year before, so Micron Technology grew faster. Applied Materials kept 24.7% of its revenue as net profit, Micron Technology 22.8%. Free cash flow was $5.7B at Applied Materials and $1.7B at Micron Technology.

Side by side, latest fiscal year

AMATMU
Fiscal year endedFY2025 (October 26, 2025)FY2025 (August 28, 2025)
Revenue$28.4B$37.4B
Revenue growth+4.4%+48.9%
Net income$7B$8.5B
Net margin24.7%22.8%
Free cash flow$5.7B$1.7B
Free cash flow margin20.1%4.5%
Earnings per share (diluted)$8.66$7.59
Cash$7.2B$9.6B
Debt$6.5B$11.5B
Price to earnings56.0142.6
Market value$385.1B$1.22T
Dividend yield0.37%0.04%
Rank by revenue in sector#26 of 530 · Technology#21 of 530 · Technology

Over the years

Revenue
AMAT FY2018: $16.7BAMAT FY2019: $14.6BAMAT FY2020: $17.2BAMAT FY2021: $23.1BAMAT FY2022: $25.8BAMAT FY2023: $26.5BAMAT FY2024: $27.2BAMAT FY2025: $28.4BMU FY2018: $30.4BMU FY2019: $23.4BMU FY2020: $21.4BMU FY2021: $27.7BMU FY2022: $30.8BMU FY2023: $15.5BMU FY2024: $25.1BMU FY2025: $37.4BFY18FY19FY20FY21FY22FY23FY24FY25
AMAT $28.4BMU $37.4B
Net income
AMAT FY2018: $3BAMAT FY2019: $2.7BAMAT FY2020: $3.6BAMAT FY2021: $5.9BAMAT FY2022: $6.5BAMAT FY2023: $6.9BAMAT FY2024: $7.2BAMAT FY2025: $7BMU FY2018: $14.1BMU FY2019: $6.3BMU FY2020: $2.7BMU FY2021: $5.9BMU FY2022: $8.7BMU FY2023: -$5.8BMU FY2024: $778MMU FY2025: $8.5BFY18FY19FY20FY21FY22FY23FY24FY25
AMAT $7BMU $8.5B
Net margin
AMAT FY2018: 18.2%AMAT FY2019: 18.5%AMAT FY2020: 21.0%AMAT FY2021: 25.5%AMAT FY2022: 25.3%AMAT FY2023: 25.9%AMAT FY2024: 26.4%AMAT FY2025: 24.7%MU FY2018: 46.5%MU FY2019: 27.0%MU FY2020: 12.5%MU FY2021: 21.2%MU FY2022: 28.2%MU FY2023: -37.5%MU FY2024: 3.1%MU FY2025: 22.8%FY18FY19FY20FY21FY22FY23FY24FY25
AMAT 24.7%MU 22.8%
Revenue growth
AMAT FY2019: -12.6%AMAT FY2020: +17.8%AMAT FY2021: +34.1%AMAT FY2022: +11.8%AMAT FY2023: +2.8%AMAT FY2024: +2.5%AMAT FY2025: +4.4%MU FY2019: -23.0%MU FY2020: -8.4%MU FY2021: +29.3%MU FY2022: +11.0%MU FY2023: -49.5%MU FY2024: +61.6%MU FY2025: +48.9%FY19FY20FY21FY22FY23FY24FY25
AMAT +4.4%MU +48.9%
Free cash flow
AMAT FY2018: $3.2BAMAT FY2019: $2.8BAMAT FY2020: $3.4BAMAT FY2021: $4.8BAMAT FY2022: $4.6BAMAT FY2023: $7.6BAMAT FY2024: $7.5BAMAT FY2025: $5.7BMU FY2018: $8.5BMU FY2019: $3.4BMU FY2020: $83MMU FY2021: $2.4BMU FY2022: $3.1BMU FY2023: -$6.1BMU FY2024: $121MMU FY2025: $1.7BFY18FY19FY20FY21FY22FY23FY24FY25
AMAT $5.7BMU $1.7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Applied Materials and Micron Technology

Which is bigger by revenue, Applied Materials or Micron Technology?

Micron Technology is bigger by revenue: $37.4B in fiscal 2025, against $28.4B for Applied Materials in fiscal 2025.

Which keeps more of its revenue as profit, Applied Materials or Micron Technology?

Applied Materials had a net margin of 24.7% in fiscal 2025; Micron Technology had 22.8% in fiscal 2025.

Which grew revenue faster, Applied Materials or Micron Technology?

In their latest fiscal years revenue changed by +4.4% at Applied Materials and +48.9% at Micron Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies