Applied Materials Files 8-K on Disposal Costs
Ticker: AMAT · Form: 8-K · Filed: Oct 23, 2025 · CIK: 6951
| Field | Detail |
|---|---|
| Company | Applied Materials Inc /De (AMAT) |
| Form Type | 8-K |
| Filed Date | Oct 23, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $160 million, $180 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: disposal-costs, 8-K, financial-reporting
Related Tickers: AMAT
TL;DR
AMAT filed an 8-K on 10/23/25 about exit/disposal costs. #AMAT
AI Summary
On October 23, 2025, Applied Materials, Inc. filed an 8-K report detailing cost associated with exit or disposal activities. The filing also included Regulation FD Disclosure and Financial Statements and Exhibits. The company, incorporated in Delaware, is headquartered at 3050 Bowers Avenue, Santa Clara, CA.
Why It Matters
This filing indicates potential restructuring or divestiture activities by Applied Materials, which could impact future financial performance and operational focus.
Risk Assessment
Risk Level: medium — Disposal activities can signal financial strain or strategic shifts that may carry inherent risks.
Key Players & Entities
- Applied Materials, Inc. (company) — Registrant
- 0000006951 (company) — Central Index Key
- 3050 Bowers Avenue (location) — Business Address
- Santa Clara, CA (location) — Business Address City/State
- October 23, 2025 (date) — Date of Report
FAQ
What specific activities are associated with the exit or disposal costs reported?
The filing does not specify the exact nature of the exit or disposal activities, only that costs are associated with them.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 23, 2025.
What is Applied Materials' fiscal year end?
Applied Materials' fiscal year ends on October 26.
What is the SIC code for Applied Materials?
The Standard Industrial Classification (SIC) code for Applied Materials is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.
What is the IRS Employer Identification Number (EIN) for Applied Materials?
The IRS Employer Identification Number (EIN) for Applied Materials is 94-1655526.
Filing Stats: 818 words · 3 min read · ~3 pages · Grade level 11.8 · Accepted 2025-10-23 16:27:16
Key Financial Figures
- $160 million — mpany to incur charges of approximately $160 million to $180 million, consisting primarily o
- $180 m — harges of approximately $160 million to $180 million, consisting primarily of severanc
Filing Documents
- amat-20251023.htm (8-K) — 31KB
- exhibit991eml102325.htm (EX-99.1) — 6KB
- 0001628280-25-046107.txt ( ) — 155KB
- amat-20251023.xsd (EX-101.SCH) — 2KB
- amat-20251023_lab.xml (EX-101.LAB) — 22KB
- amat-20251023_pre.xml (EX-101.PRE) — 13KB
- amat-20251023_htm.xml (XML) — 3KB
05 Costs Associated with Exit or Disposal Activities
Item 2.05 Costs Associated with Exit or Disposal Activities. On October 23, 2025, Applied Materials, Inc. ("Applied" or the "Company") approved a workforce reduction plan to position the Company for continued growth as a more competitive and productive organization. Applied expects approximately four percent of its global workforce to be impacted under this action and the Company to incur charges of approximately $160 million to $180 million, consisting primarily of severance and other one-time employment termination benefits to be paid in cash, and other non-cash related charges. The Company expects to recognize most of these charges in the fourth quarter of fiscal 2025 and to complete the plan in the first quarter of fiscal 2026, depending on local legal requirements and in consultation with employee works councils and other employee representatives, as applicable.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On October 23, 2025, Gary E. Dickerson, Applied's President and Chief Executive Officer, sent an email to the Company's employees regarding the workforce reduction plan. A copy of the email is attached hereto as Exhibit 99.1. The information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, and shall not be deemed to be incorporated by reference in any filing of Applied under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly incorporated by specific reference in such filing.
Forward-Looking Statements
Forward-Looking Statements This report contains forward-looking statements, including those relating to the objectives, scope and timing of the workforce reduction plan, and the amount and timing of anticipated charges and cash expenditures. These statements and their underlying assumptions are subject to risks related to the completion of the plan in the manner anticipated by the Company. These forward-looking statements may differ materially from actual future events or results due to a variety of factors, including Applied's ability to achieve the benefits of the workforce reduction plan and possible changes in the size and timing of the related charges. Other factors that could cause actual results to differ materially from those expressed or implied by such statements include the risks and uncertainties described in the Company's most recent Form 10-Q and other Securities and Exchange Commission filings. All forward-looking statements are based on management's estimates, projections and assumptions as of the date hereof, and Applied assumes no obligation to update them.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Email from Gary E. Dickerson, President and Chief Executive Officer of Applied Materials, Inc., to the Company's employees, dated October 23, 2025 104 Cover Page Interactive Data File (formatted as inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Applied Materials, Inc. (Registrant) Date: October 23, 2025 By: /s/ Teri A. Little Teri A. Little Senior Vice President, Chief Legal Officer and Corporate Secretary