KLA Corporation (KLAC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1	$1.05	+5.0%	—	$3.7B	—
Q3 26	$0.92	$0.94	+2.2%	—	$3.4B	—
Q2 26	$0.88	$0.89	+1.1%	—	$3.3B	—
Q1 26	$0.86	$0.88	+2.3%	—	$3.2B	—
Q4 25	$0.86	$0.94	+9.3%	—	$3.2B	—
Q3 25	$0.81	$0.84	+3.7%	—	$3.1B	—
Q2 25	$0.78	$0.82	+5.1%	—	$3.1B	—
Q1 25	$0.7	$0.73	+4.3%	—	$2.8B	—
Q4 24	$0.61	$0.66	+8.2%	—	$2.6B	—
Q3 24	$0.51	$0.53	+3.9%	—	$2.4B	—
Q2 24	$0.59	$0.62	+5.1%	—	$2.5B	—
Q1 24	$5.41	$5.74	+6.1%	—	$2.4B	—
Q4 23	$4.85	$5.4	+11.3%	—	$2.4B	—
Q3 23	$5.32	$5.49	+3.2%	—	$2.4B	—
Q2 23	$7.1	$7.38	+3.9%	—	$3B	—
Q1 23	$6.21	$7.06	+13.7%	—	$2.7B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$3.68	—	—	$13.6B	—
FY25	—	$3.05	—	—	$12.2B	—
FY24	—	$20.4	—	—	$9.8B	—
FY23	—	$24.3	—	—	$10.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$3.5B	$4B	$4.6B	$5.8B	$6.9B	$9.2B	$10.5B	$9.8B	$12.2B	$13.6B
YoY change	+16.6%	+16%	+13.2%	+27.1%	+19.2%	+33.1%	+13.9%	-6.51%	+23.9%	+11.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3.5B	4B	4.6B	5.8B	6.9B	9.2B	10.5B	9.8B	12.2B	13.6B
Cost of revenue	1.3B	1.4B	1.9B	2.4B	2.8B	3.6B	4.2B	3.9B	4.8B	5.3B
Gross profit	2.2B	2.6B	2.7B	3.4B	4.1B	5.6B	6.3B	5.9B	7.4B	8.3B
Gross margin	63%	64.2%	59.1%	57.8%	59.9%	61%	59.8%	60%	60.9%	61.3%
Research & development	526.7M	608.5M	711M	863.9M	928.5M	1.1B	1.3B	1.3B	1.4B	1.5B
Selling, general & administrative	388.2M	442.3M	599.1M	734.1M	729.6M	860M	986.3M	969.5M	1B	1.1B
Operating expenses	914.9M	1.1B	1.3B	1.6B	1.7B	2B	2.3B	2.2B	2.4B	2.7B
Operating income	1.3B	1.5B	1.4B	1.8B	2.5B	3.7B	4B	3.6B	5B	5.7B
Operating margin	36.7%	38.1%	30.4%	30.3%	36%	39.7%	38.1%	37.1%	41.2%	41.7%
Non-operating income, net	-6.4M	-6.4M	-8.9M	-303.5M	20.4M	-13.3M	17.3M	-295.1M	-247.9M	52.5M
Pretax income	1.2B	1.5B	1.3B	1.3B	2.4B	3.5B	3.8B	3.2B	4.6B	5.6B
Income tax	247.2M	653.7M	121.2M	101.7M	283.1M	167.2M	401.8M	428.1M	582.8M	775.2M
Net income	926.1M	802.3M	1.2B	1.2B	2.1B	3.3B	3.4B	2.8B	4.1B	4.8B
Net margin	26.6%	19.9%	25.7%	20.9%	30%	36.1%	32.3%	28.1%	33.4%	35.6%
EBITDA	1.4B	1.6B	1.7B	2.1B	2.9B	4B	4.5B	4.2B	5.6B	6.3B
EPS	5.92	5.13	7.53	7.76	13.5	22.1	24.3	20.4	3.05	3.68
Diluted EPS	5.88	5.1	7.49	7.7	13.4	21.9	24.1	20.3	3.04	3.66

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	2.4B	2.5B	2.4B	2.6B	2.8B	3.1B	3.1B	3.2B	3.2B	3.3B	3.4B	3.7B
Cost of revenue	946.9M	976.7M	993.9M	1B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.4B
Gross profit	1.5B	1.5B	1.4B	1.6B	1.7B	1.9B	1.9B	2B	2B	2B	2.1B	2.2B
Gross margin	60.5%	60.7%	57.9%	60.7%	59.6%	60.3%	61.6%	62%	61.3%	61.4%	61.1%	61.4%
Research & development	311.2M	320.4M	321.6M	325.8M	323.1M	346.2M	338M	353M	360.5M	383.9M	388.8M	399M
Selling, general & administrative	239.6M	237.2M	237.5M	255.1M	251M	267.1M	248.9M	262.7M	269M	279.9M	291.1M	291.5M
Operating expenses	550.9M	557.7M	559.1M	580.9M	574.2M	613.2M	586.9M	615.7M	629.4M	663.8M	679.9M	690.5M
Operating income	899.2M	952.3M	806.8M	977.3M	1.1B	1.2B	1.3B	1.4B	1.3B	1.4B	1.4B	1.6B
Operating margin	37.5%	38.3%	34.2%	38%	39.4%	40.4%	42.5%	42.6%	41.7%	41.3%	41.2%	42.5%
Non-operating income, net	26.7M	-186.8M	-24.9M	-110.1M	40.9M	-194.6M	35.9M	-130.1M	43.4M	37.8M	79.7M	-108.3M
Pretax income	851.7M	691.3M	702M	945M	1.1B	972.5M	1.3B	1.3B	1.3B	1.3B	1.4B	1.5B
Income tax	110.3M	108.7M	100.5M	108.6M	132.8M	148M	176M	126M	188.4M	184.6M	215.8M	186.3M
Net income	741.4M	582.5M	601.5M	836.4M	945.9M	824.5M	1.1B	1.2B	1.1B	1.1B	1.2B	1.4B
Net margin	30.9%	23.4%	25.5%	32.6%	33.3%	26.8%	35.5%	37.9%	34.9%	34.7%	35.2%	37.3%
EBITDA	1B	1.1B	951.7M	1.1B	1.3B	1.4B	1.4B	1.5B	1.5B	1.5B	1.6B	1.7B
EPS	5.43	4.3	4.46	6.22	7.05	6.18	8.21	0.91	0.85	0.87	0.92	1.04
Diluted EPS	5.41	4.28	4.43	6.18	7.01	6.16	8.16	0.91	0.85	0.87	0.91	1.04

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	1.4B	1.6B	1.8B	3B	5B	4.8B	6.8B	11.2B	—	395.7B	246.9B
Enterprise value	1.3B	960.1M	3.5B	4.6B	6B	8.9B	9.6B	13.5B	—	396.9B	246.8B
Shares outstanding	156.5M	156.3M	156.1M	156.8M	154.1M	150.5M	139.5M	135.3M	1.3B	1.3B	1.3B

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	1.55	2	1.57	2.51	2.4	1.45	2	4.04	—	81.9	51.4
P/S	0.41	0.4	0.4	0.53	0.72	0.52	0.64	1.14	—	29.1	18.1
P/B	1.08	0.99	0.69	1.14	1.48	3.43	2.32	3.31	—	62.3	38.7
EV/EBITDA	0.99	0.59	2.13	2.2	2.12	2.21	2.12	3.22	—	63.3	40.8
EV/Sales	0.39	0.24	0.77	0.8	0.87	0.96	0.91	1.37	—	29.2	18.2
Earnings yield	64.7%	50%	63.7%	39.8%	41.6%	69.2%	50.1%	24.7%	—	1.22%	1.94%
FCF yield	72.7%	72.5%	55.4%	53.3%	39.1%	62.6%	49.2%	27.2%	—	0.95%	1.06%
PEG	—	—	—	—	—	—	—	—	—	—	3.63

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	63%	64.2%	59.1%	57.8%	59.9%	61%	59.8%	60%	60.9%	61.3%	61.4%
Operating margin	36.7%	38.1%	30.4%	30.3%	36%	39.7%	38.1%	37.1%	41.2%	41.7%	42.5%
Net margin	26.6%	19.9%	25.7%	20.9%	30%	36.1%	32.3%	28.1%	33.4%	35.6%	35.6%
ROE	69.8%	49.5%	43.9%	45.3%	61.5%	237.4%	116%	82%	86.6%	76.1%	87.5%
ROA	16.7%	14.2%	13%	13.1%	20.2%	26.4%	24.1%	17.9%	25.3%	26.9%	20.8%
ROIC	81.4%	86.8%	28.9%	38%	49.5%	63.7%	62.2%	55.4%	69.8%	64.2%	64.2%
Return on tangible assets	19.3%	16.4%	80.3%	50.5%	53.6%	59.7%	44.3%	27.4%	35%	34.8%	34.8%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	3.4	3.75	2.44	2.78	2.71	2.5	2.24	2.15	2.62	2.88	2.88
Quick ratio	2.83	2.98	1.73	2.01	1.96	1.75	1.47	1.5	1.83	2.03	2.03
Debt / equity	2.21	1.38	1.28	1.33	1.05	4.84	2.08	2.02	1.3	0.97	0.97
Debt / assets	0.53	0.4	0.38	0.38	0.35	0.54	0.43	0.44	0.38	0.34	0.34
Net debt / EBITDA	-0.06	-0.39	1.02	0.75	0.37	1.01	0.62	0.55	0.29	0.2	0.2
Interest coverage	10.6	13.7	11.4	9.22	16	22.8	13.8	11.2	16.4	20.7	20.7
Effective tax rate	21.1%	44.9%	9.35%	7.72%	12%	4.79%	10.6%	13.4%	12.5%	13.8%	13.8%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	22.2	25.8	29.3	37	44.9	61.2	75.2	72.5	9.14	10.4	10.4
EPS (basic)	5.92	5.13	7.53	7.76	13.5	22.1	24.3	20.4	3.05	3.68	3.68
EPS (diluted)	5.88	5.1	7.49	7.7	13.4	21.9	24.1	20.3	3.04	3.66	3.66
Book value per share	8.48	10.4	17.2	17.1	21.9	9.3	20.9	24.9	3.53	4.84	4.86
FCF per share	6.65	7.43	6.55	10.4	12.7	20	23.9	22.4	2.81	2.87	2.86
Cash per share	19.3	18.4	11.1	12.6	16.2	18	23.3	33.3	3.38	3.74	3.75
Capex per share	0.02	—	—	—	—	—	—	—	0.25	0.29	0.29

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	0.08%	—	—	—	—	—	—	—	2.76%	2.77%	2.77%
Capex / operating cash flow	0.27%	—	—	—	—	—	—	—	8.21%	9.07%	9.07%
Payout ratio	37.1%	50.1%	40.2%	43%	26.9%	19.2%	21.6%	28%	22.3%	21.9%	21.9%
Dividend yield	24%	25.1%	25.6%	17.1%	11.2%	13.3%	10.8%	6.93%	—	0.27%	0.49%

Yield

0.49%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.23

ex-dividend Aug 17, 2026

Payout ratio

22%

of earnings

Dividend growth

10 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 17, 2026	$0.23
May 18, 2026	$2.30
Feb 17, 2026	$1.90
Nov 17, 2025	$1.90
Aug 18, 2025

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$2.4B	$2.5B	$2.4B	$2.6B	$2.8B	$3.1B	$3.1B	$3.2B	$3.2B	$3.3B	$3.4B	$3.7B
YoY change	-12%	-16.7%	-2.99%	+9.07%	+18.5%	+23.7%	+29.8%	+23.6%	+13%	+7.16%	+11.5%	+15.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	3B	2.9B	1.7B	2B	2.5B	2.7B	3.2B	4.5B	4.5B	4.9B
Receivables	571.1M	651.7M	990.1M	1.1B	1.3B	1.8B	1.8B	1.8B	2.3B	2.9B
Inventory	733M	931.8M	1.3B	1.3B	1.6B	2.1B	2.9B	3B	3.2B	3.6B
Total current assets	4.4B	4.5B	4.3B	4.7B	5.7B	7.2B	8.4B	10B	10.7B	12.4B
Property, plant & equipment	-35.3M	-49.3M	46.1M	215.4M	307.3M	263.6M	414.6M	421.9M	390.3M	461.4M
Goodwill & intangibles	737M	748.1M	7.5B	6.9B	6.4B	7B	6.4B	5.4B	4.5B	4.1B
Total assets	5.5B	5.6B	9B	9.3B	10.3B	12.6B	14.1B	15.4B	16.1B	18B
Accounts payable	147.4M	169.4M	202.4M	264.3M	342.1M	443.3M	371M	359.5M	458.5M	623.7M
Short-term debt	250M	—	250M	29M	52.3M	32.2M	34M	786.3M	45.2M	52.9M
Total current liabilities	1.3B	1.2B	1.8B	1.7B	2.1B	2.9B	3.7B	4.7B	4.1B	4.3B
Long-term debt	2.7B	2.2B	3.2B	3.5B	3.5B	6.7B	6B	6B	6B	6.1B
Total liabilities	4.2B	4B	6.3B	6.6B	6.9B	11.2B	11.2B	12.1B	11.4B	11.6B
Shareholders' equity	1.3B	1.6B	2.7B	2.7B	3.4B	1.4B	2.9B	3.4B	4.7B	6.3B
Total debt	2.9B	2.2B	3.4B	3.6B	3.5B	6.8B	6.1B	6.8B	6.1B	6.2B
Net debt	1.8B	833M	2.4B	2.3B	2.1B	5.2B	4.1B	4.8B	4B	4.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	3.3B	3.3B	4.3B	4.5B	4.6B	3.8B	4B	4.5B	4.7B	5.2B	5B	4.9B
Receivables	1.6B	1.8B	1.6B	1.8B	2B	2.3B	2.2B	2.3B	2.3B	2.1B	2.3B	2.9B
Inventory	3B	3B	3B	3B	3.1B	3B	3.2B	3.2B	3.3B	3.3B	3.4B	3.6B
Total current assets	8.4B	8.7B	9.5B	10B	10.2B	9.8B	9.9B	10.7B	10.9B	11.3B	11.4B	12.4B
Property, plant & equipment	415.2M	451.4M	424.1M	421.9M	443.5M	436.1M	467.1M	390.3M	392.7M	417.6M	459.1M	461.4M
Goodwill & intangibles	6.3B	5.7B	5.5B	5.4B	5.3B	4.7B	4.6B	4.5B	4.4B	4.3B	4.2B	4.1B
Total assets	14.1B	14.3B	15B	15.4B	15.7B	15B	15.2B	16.1B	16.3B	16.7B	16.9B	18B
Accounts payable	363.7M	376.7M	354.7M	359.5M	376.5M	432.9M	429.3M	458.5M	429.8M	425.2M	515M	623.7M
Short-term debt	35.5M	785.3M	786.3M	786.3M	790.4M	40.6M	43.5M	45.2M	46.8M	51M	51.1M	52.9M
Total current liabilities	3.8B	4.6B	4.5B	4.7B	4.8B	4.1B	3.9B	4.1B	4B	4B	3.8B	4.3B
Long-term debt	6B	5.3B	6B	6B	6B	6B	6B	6B	6B	6.1B	6.1B	6.1B
Total liabilities	11.1B	11.2B	11.9B	12.1B	12.1B	11.4B	11.2B	11.4B	11.3B	11.3B	11B	11.6B
Shareholders' equity	3B	3B	3.1B	3.4B	3.6B	3.6B	4B	4.7B	5B	5.5B	5.8B	6.3B
Total debt	6.1B	6.1B	6.8B	6.8B	6.8B	6.1B	6.1B	6.1B	6.1B	6.1B	6.1B	6.2B
Net debt	4.4B	4.4B	5B	4.8B	4.8B	4.2B	4.2B	4B	4.1B	3.7B	4.4B	4.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	926.1M	802.3M	1.2B	1.2B	2.1B	3.3B	3.4B	2.8B	4.1B	4.8B
Depreciation & amortization	57.8M	62.7M	233.2M	348M	333.3M	363.3M	415.1M	401.7M	394.1M	394M
Stock-based compensation	50.9M	62.8M	94.2M	111.4M	111.8M	126.9M	171.4M	212.7M	265M	310.2M
Change in working capital	45M	192.7M	-326.3M	-87.4M	-243.3M	-305.4M	10.1M	-201.2M	-646.2M	-1.5B
Operating cash flow	1.1B	1.2B	1.1B	1.5B	2.2B	3.3B	3.7B	3B	4.1B	4.1B
Capital expenditure	2.9M	—	—	—	—	—	—	—	-335.3M	-375.9M
Investing cash flow	-519.3M	358.6M	-1.1B	-106.2M	-268.8M	-569.1M	-141M	-1.2B	-197.5M	-1.2B
Dividends paid	-344M	-402.1M	-472.3M	-522.4M	-559.4M	-638.5M	-732.6M	-773M	-904.6M	-1.1B
Share repurchases	-25M	-203.2M	-1.1B	-829.1M	-938.6M	-4B	-1.3B	-1.7B	-2.1B	-2.3B
Financing cash flow	-472.8M	-1B	540M	-849.6M	-1.5B	-2.3B	-2.8B	-1.8B	-3.8B	-3.4B
Net change in cash	91.7M	556.4M	638.1M	516.6M	468.1M	434.1M	722.9M	44.7M	98.7M	-432.6M
Free cash flow	1B	1.2B	1B	1.6B	2B	3B	3.3B	3B	3.7B	3.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	741.4M	582.5M	601.5M	836.4M	945.9M	824.5M	1.1B	1.2B	1.1B	1.1B	1.2B	1.4B
Depreciation & amortization	102.4M	99.1M	99.3M	101M	95.8M	103.9M	98.1M	96.3M	97M	99.3M	99.1M	98.6M
Stock-based compensation	48.8M	48.6M	56.7M	58.6M	61.7M	61.8M	70.2M	71.3M	70.2M	73.9M	83.9M	82.1M
Change in working capital	52.5M	-227.5M	62.5M	-88.8M	-34.2M	-322.1M	-153.7M	-136.2M	-128.1M	78.1M	-677M	-748.7M
Operating cash flow	873.8M	437.6M	831.9M	876.7M	987.5M	599.2M	1.1B	1.2B	1.2B	1.4B	707.5M	906.4M
Capital expenditure	—	—	—	—	—	—	—	-100.4M	-95.9M	-105.6M	-85.2M	-89.3M
Investing cash flow	-323.6M	-16.8M	-786.3M	-78M	-110.6M	705.9M	-234.8M	-323.2M	-410M	-112.7M	-494.3M	-173.1M
Dividends paid	-181.5M	-196.9M	-197.2M	-197.5M	-198.1M	-226.8M	-225.8M	-254M	-254M	-249.7M	-248.8M	-305.3M
Share repurchases	-455.4M	-437.8M	-372.3M	-470.3M	-567.4M	-650.1M	-506.7M	-425.7M	-545.1M	-547.8M	-626M	-571M
Financing cash flow	-705.2M	-590.9M	138.9M	-618.9M	-837.7M	-880.5M	-735.2M	-629.8M	-881.8M	-803.1M	-879.2M	-877.1M
Net change in cash	-155M	-170.1M	184.5M	179.8M	39.2M	424.6M	97.6M	211.9M	-130.2M	451.8M	-666M	-143.8M
Free cash flow	815.7M	545.4M	838.2M	831.9M	934.8M	757.2M	987.2M	1.1B	1.1B	1.3B	622.3M	817.1M

Date	Ratio
Jun 12, 2026	10:1
Jan 19, 2000	2:1
Oct 2, 1995	2:1
Dec 17, 1984	3:2
Dec 9, 1983	2:1
Jan 10, 1983	2:1

KLA Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history