As of Q1'26 (2026-01-25), AMAT reported net income of USD 2.03B, representing a significant year-over-year growth rate of 70.97%. This marks a strong rebound compared to the previous quarter, both in absolute net income and YoY growth. Over the period from Q2'23 to Q1'26, AMAT's net income exhibited notable volatility, with peaks in Q4'23 (USD 2.00B) and Q2'25 (USD 2.14B), and a sharp dip in Q1'25 (USD 1.19B). The YoY growth rate fluctuated accordingly, including periods of decline such as Q1'25 (-41.31%), followed by a substantial recovery in subsequent quarters. The overall trend suggests cyclical performance with strong recovery momentum entering 2026.