KLAC

KLA
D

KLAC

Arincen87/100B

KLA financials

Yes. KLA earned 5.26B USD of net income over the last twelve months, 36.2% of its revenue. It made a profit in 38 of its 41 fiscal years since 1986. Its last loss was in fiscal year 2009.

Revenue (TTM)
14.51B USD
Net income (TTM)
5.26B USD
Free cash flow (TTM)
4.04B USD
Cash and short-term investments
4.74B USD
Total debt
5.99B USD
Shareholders' equity
6.52B USD

Cash, debt and equity as of 30 Sept 2026.

KLA earnings

Next earnings · Q2 FY2027
EPS estimate
1.42 USD
Revenue estimate
4.72B USD
Last quarter · Q1 FY2027
EPS1.22Beat +2.5%Revenue4.14BBeat +2.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q1 FY20281.66——+35.89%5.28B——+27.66%
Q4 FY20271.59——+51.82%5.11B——+39.61%
Q3 FY20271.52——+61.38%4.90B——+43.59%
Q2 FY20271.42——+59.55%4.72B——+43.15%
Q1 FY20271.191.22+2.52%+38.64%4.04B4.14B+2.31%+28.86%
Q4 FY20261.001.05+5.00%+11.70%3.61B3.66B+1.38%+15.21%
Q3 FY20260.920.94+2.51%+11.90%3.37B3.42B+1.22%+11.49%
Q2 FY20260.880.89+1.14%+8.54%3.25B3.30B+1.47%+7.16%
Q1 FY20260.860.88+2.33%+20.05%3.17B3.21B+1.20%+12.96%
Q4 FY20250.850.94+10.59%+42.42%3.08B3.17B+3.09%+23.59%

KLA growth and profitability

Full income statement
Revenue (TTM)
14.51B USD
Net income (TTM)
5.26B USD
Gross margin
61.47%
Operating margin
42.64%
Net margin
36.25%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202613.58B+11.71%4.83B+18.94%61.30%41.69%35.57%6.05B+13.37%
FY202512.16B+23.89%4.06B+47.06%60.91%41.25%33.41%5.34B+36.84%
FY20249.81B-6.51%2.76B-18.46%59.97%37.05%28.15%3.90B-13.29%
FY202310.50B+13.94%3.39B+1.97%59.81%38.06%32.27%4.50B+12.17%
FY20229.21B+33.14%3.32B+59.83%61.00%39.67%36.06%4.01B+40.75%

How KLA makes its money

Wafer Inspection6.63B 48.8%
Services3.13B 23.0%
Patterning2.71B 19.9%
Specialty Semiconductor Process502.52M 3.7%
PCB and Component Inspection460.32M 3.4%
Other153.12M 1.1%
Revenue13.58B 100.0%
Cost of revenue5.26B 38.7%
Gross profit8.32B 61.3%
Research and development1.53B 11.3%
Selling and administration1.13B 8.3%
Operating income5.66B 41.7%
Tax775.15M 5.7%
Other expense54.86M 0.4%
Net income4.83B 35.6%

FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.

KLA revenue breakdown

By product

FY2026
Wafer Inspection: 48.8%Services: 23.0%Patterning: 19.9%Specialty Semiconductor Process: 3.7%PCB and Component Inspection: 3.4%Other: 1.1%48.8%Wafer Inspection23.0%Services19.9%Patterning3.7%Specialty Semiconductor Process3.4%PCB and Component Inspection1.1%Other
SegmentRevenueShare of revenueChange on the year
Wafer Inspection6.63B48.8%—
Services3.13B23.0%—
Patterning2.71B19.9%+23.2%
Specialty Semiconductor Process502.52M3.7%-2.8%
PCB and Component Inspection460.32M3.4%—
Other153.12M1.1%—

By region

FY2026
China: 29.8%Taiwan: 26.8%South Korea: 13.5%North America: 12.9%Japan: 6.7%Europe and Israel: 5.4%Rest of Asia: 4.8%29.8%China26.8%Taiwan13.5%South Korea12.9%North America6.7%Japan5.4%Europe and Israel4.8%Rest of Asia
RegionRevenueShare of revenueChange on the year
China4.05B29.8%+0.1%
Taiwan3.64B26.8%+13.7%
South Korea1.83B13.5%+26.2%
North America1.76B12.9%+29.0%
Japan915.11M6.7%-19.2%
Europe and Israel726.69M5.4%+26.6%
Rest of Asia654.40M4.8%+69.6%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20264.14B3.77B
FY20254.08B3.74B
FY20243.31B3.03B
FY20233.67B3.33B
FY20223.31B3.01B
FY20212.19B1.95B
FY20201.78B1.63B
FY20191.15B1.02B
FY20181.23B1.16B
FY20171.08B1.04B

KLA financial health

Full balance sheet
Cash and short-term investments
4.74B USD
Total debt
5.99B USD
Net cash
-1.25B USD
Free cash flow (TTM)
4.04B USD
Current ratio
2.76
Debt to equity
0.92
Piotroski score
8 / 9
Altman Z-score
11.26

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20264.90B6.15B3.77B
FY20254.49B6.09B3.74B
FY20244.50B6.82B3.03B
FY20233.24B6.06B3.33B
FY20222.71B6.77B3.01B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY202617.95B11.60B6.35B
FY202516.07B11.38B4.69B
FY202415.43B12.07B3.37B
FY202314.07B11.15B2.92B
FY202212.60B11.20B1.40B
FY202110.27B6.90B3.38B
FY20209.28B6.60B2.67B
FY20199.01B6.33B2.66B
FY20185.62B4.00B1.62B
FY20175.53B4.21B1.33B

KLA valuation

Price to earnings ratio (TTM)
34.35
Forward P/E (FY2027)
23.96
Price to sales (TTM)
12.41
Price to book
27.61
EV / EBITDA (TTM)
27.61

Capital structure

Market capitalization
180.08B USD
+
Total debt
5.99B USD
−
Cash and short-term investments
4.74B USD
=
Enterprise value
181.33B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2029 (est.)16.32————
FY2028 (est.)19.4716.32———
FY2027 (est.)23.9619.47———
Now (TTM)34.3522.1412.4127.6127.61
FY202681.9952.2329.1462.3266.10
FY202529.3424.149.8025.3923.06
FY202440.5624.6611.4233.2629.95
FY202319.982.206.4523.1715.95
FY202214.461.285.2134.2713.26

KLA against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Analog Devices, QUALCOMM, Marvell Technology, Texas Instruments, Lam Research, and Applied Materials, the US Semiconductors companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median34.4
    11.984.7
  • Gross marginHighest in 5 years61.3%
    59.8%61.3%
    Against its peers: 2 of 7Peers' median 53.2%
  • Operating marginHighest in 5 years41.7%
    37.1%41.7%
    Against its peers: 1 of 7Peers' median 28.6%
  • Net marginAbove its median35.6%
    28.1%36.1%
    Against its peers: 1 of 7Peers' median 26.5%
  • Return on equityLowest in 5 years76.1%
    76.1%237.0%
    Against its peers: 1 of 7Peers' median 28.4%
  • Free cash flow marginLowest in 5 years27.7%
    27.7%32.6%
    Against its peers: 3 of 7Peers' median 20.6%
  • Revenue growthBelow its median11.7%
    -6.5%33.1%
    Against its peers: 6 of 7Peers' median 15.3%
  • EPS growthAt its median20.5%
    -16.0%63.9%
    Against its peers: 3 of 6Peers' median 4.8%
  • Debt to EBITDALowest in 5 years1.02×
    1.02×1.75×
    Against its peers: 3 of 7Peers' median 1.08×
  • Current ratioHighest in 5 years2.88
    2.152.88
    Against its peers: 2 of 7Peers' median 2.62

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

KLA dividends

Annual dividend
0.92 USD
Dividend yield (indicated)
0.67%
Payout ratio
20.88%
Years of dividend growth
17
Frequency
Quarterly
Last payment
0.23 USD
Last ex-dividend date
17 Aug 2026
Last payment date
1 Sept 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.740.610.540.470.390.350.310.280.230.21

KLA ownership

Institutions
91.98%
Institutional holders
2,588 (+420)
Free float
99.91%

Who owns the shares

Institutions 92.0% Others 8.0%
As of 30 Jun 2026

Shares free to trade

Free float 1.30B shares ·99.9% Closely held 1.12M shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 20260013.89K0.00
Q3 2026016983.32K949.08K
Q2 202604980.80139.34K
Q1 20260011.270.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20261.31B1.32B-1.34%
FY20251.33B1.34B-1.79%
FY20241.35B1.36B-2.89%
FY20231.39B1.40B-7.47%
FY20221.50B1.52B-2.50%

Common questions about KLA's financials

Source: Financial Modeling Prep

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