Who Generates Higher Gross Profit? Applied Materials, Inc. or II-VI Incorporated

A Tale of Two Giants: Applied Materials vs. II-VI Incorporated

In the ever-evolving landscape of the semiconductor industry, two companies stand out for their impressive gross profit generation: Applied Materials, Inc. and II-VI Incorporated. Over the past decade, from 2014 to 2023, Applied Materials has consistently outperformed II-VI Incorporated, showcasing a robust growth trajectory. In 2023, Applied Materials reported a gross profit approximately 7.6 times higher than II-VI Incorporated, highlighting its dominant market position.

Applied Materials' gross profit surged from around $3.8 billion in 2014 to an impressive $12.4 billion in 2023, marking a growth of over 220%. Meanwhile, II-VI Incorporated also experienced growth, albeit at a slower pace, with its gross profit increasing from $227 million in 2014 to $1.6 billion in 2023. This data underscores the competitive dynamics and growth potential within the semiconductor sector, with Applied Materials leading the charge.