SemiconductorsEarnings — Latest Quarter & What's Coming

MU reported a remarkable financial performance in Q3 FY2026, with revenue surging by 345.7% year-over-year, driven by significant increases in gross and operating margins.

Broadcom delivered exceptional Q2 FY2026 results with revenue surging 47.9% YoY to $22.2B, driven by AI semiconductor demand, while operating income nearly doubled and cash generation remained robust with $18.8B in YTD operating cash flow.

Applied Materials (AMAT) delivered a strong Q2 FY2026 with revenue of $7.91B (+11.4% YoY), net income surging 31.3% to $2.81B, and EPS of $3.51 (diluted), driven by expanding margins and robust demand for semiconductor equipment.

NVIDIA delivered extraordinary Q2 FY2026 results with revenue surging 85.2% YoY to $81.6B, net income tripling to $58.3B, and gross margin expanding to 74.9%, driven by insatiable demand for AI computing infrastructure.

ADI delivered exceptional Q2 FY2026 results with revenue surging 37.2% YoY to $3.62B and net income more than doubling to $1.18B, driven by strong demand recovery and significant margin expansion across all profitability metrics.

SMCI reported a significant increase in revenue and net income for Q3 FY2026, driven by strong operational performance and effective cost management, despite a substantial increase in liabilities and negative operating cash flow.

AMD delivered a standout Q1 2026 with revenue surging 37.8% YoY to $10.25B and net income nearly doubling to $1.38B, driven by strong data center demand and significant operating leverage.

ON Semiconductor posted Q1 FY2026 revenue of $1.51B (+4.7% YoY) with a dramatic gross margin recovery to 38.5% from 20.3%, though the company remained modestly net-loss negative at -$33.4M amid significantly reduced operating losses versus the prior year.

KLAC reported strong financial performance in Q3 FY2026 with an 11.5% increase in revenue and a 10.3% rise in net income, driven by robust demand and effective cost management.

In Q2 FY2026, QCOM reported a significant increase in net income and EPS despite a slight decline in revenue, driven by cost management and strategic share buybacks.

Intel reported Q1 2026 revenue of $13.6B (+7.2% YoY) but swung to a deep operating loss of -$3.1B and net loss of -$3.7B, reflecting heavy restructuring and impairment charges that overwhelmed improving gross margins.

Texas Instruments delivered a strong Q1 2026 with revenue of $4.83B (+18.6% YoY), operating income surging 36.6% to $1.81B, and operating cash flow nearly doubling to $1.52B, reflecting broad-based demand recovery across its analog and embedded processing segments.