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Applied Materials Showcases Unique Capabilities to Accelerate Innovation and Drive Long-Term Profitable Growth Applied Materials 2024 Financial Model Applied Materials 2024 Financial Model. Applied Materials 2024 Financial Model vs. Prior Years Applied Materials 2024 Financial Model vs. Prior Years. Outlines strategy to be “the PPACt enablement company” Plans to grow revenue by over 55 percent and non-GAAP EPS by more than 100 percent by fiscal 2024 Commits to return 80 to 100 percent of free cash flow to shareholders SANTA CLARA, Calif., April 06, 2021 (GLOBE NEWSWIRE) At its 2021 Investor Meeting held today, Applied Materials unveiled plans to grow the company’s revenue, earnings and free cash flow by enabling customers to accelerate improvements in chip power, performance, area, cost and time to market (PPACt). Applied also announced plans to generate 70 percent of future services and parts revenue through subscription-like long-term agreements.

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