KLAC

MKT CAP:$253B

KLA Corporation

Market Cap

$253B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$1,927.77+$653.30 (+51.26%)

Apr 24, 2026

Company Details

KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through four segments: Semiconductor Proces...

CEO

Richard Wallace

IPO Date

Oct 8, 1980

Website

www.kla.com

Key Metrics TTM

Revenue

$12.7B

+17.6% YoY

Net Income

$4.6B

EPS (Diluted)

$34.37

Free Cash Flow

$4.4B

Revenue / Share

$96.40

Gross Margin

61.9%

Operating Margin

42.4%

Net Margin

35.8%

FCF Margin

34.4%

P/S

19.9x

P/E

55.6x

Earnings Reports

Q3 2026

Apr 29, 2026

PENDING

Q2 2026

Jan 30, 2026

$3.3B+7.2%EPS $8.68

Q1 2026

Oct 31, 2025

$3.2B+13.0%EPS $8.47

FY 2025

Aug 8, 2025

$12.2B+23.9%EPS $30.37

Q4 2025

Aug 8, 2025

$3.2B+23.7%EPS $9.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$2.3B	$1.4B	$895M
Q4 22	$2.5B	$1.5B	$972M
Q1 23	$2.7B	$1.7B	$1.1B
Q2 23	$3.0B	$1.8B	$1.2B
Q3 23	$2.4B	$1.4B	$861M
Q4 23	$2.4B	$1.4B	$824M
Q1 24	$2.4B	$1.5B	$899M
Q2 24	$2.5B	$1.5B	$952M
Q3 24	$2.4B	$1.4B	$848M
Q4 24	$2.6B	$1.6B	$1.1B
Q1 25	$2.8B	$1.7B	$1.1B
Q2 25	$3.1B	$1.9B	$1.2B
Q3 25	$3.1B	$1.9B	$1.3B
Q4 25	$3.2B	$2.0B	$1.4B
Q1 26	$3.2B	$2.0B	$1.3B
Q2 26	$3.3B	$2.0B	$1.4B

Valuation

Quarter	P/S	P/E
Q3 22	6.5x	17.9x
Q4 22	5.4x	15.1x
Q1 23	4.5x	13.6x
Q2 23	5.4x	15.9x
Q3 23	5.1x	15.6x
Q4 23	6.3x	19.5x
Q1 24	6.1x	20.1x
Q2 24	7.8x	28.0x
Q3 24	10.0x	36.6x
Q4 24	11.3x	40.2x
Q1 25	10.1x	34.8x
Q2 25	7.8x	26.3x
Q3 25	7.8x	24.3x
Q4 25	9.7x	29.1x
Q1 26	11.2x	33.1x
Q2 26	13.0x	36.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$819M	$719M
Q4 22	$819M	$746M
Q1 23	$1.0B	$927M
Q2 23	$688M	$595M
Q3 23	$1.0B	$926M
Q4 23	$959M	$880M
Q1 24	$884M	$816M
Q2 24	$622M	$545M
Q3 24	$910M	$838M
Q4 24	$893M	$832M
Q1 25	$995M	$935M
Q2 25	$850M	$757M
Q3 25	$1.1B	$987M
Q4 25	$1.2B	$1.1B
Q1 26	$1.2B	$1.1B
Q2 26	$1.4B	$1.3B

Capital Expenditures

Quarter	CapEx
Q3 22	$100M
Q4 22	$73M
Q1 23	$84M
Q2 23	$94M
Q3 23	$85M
Q4 23	$79M
Q1 24	$68M
Q2 24	$77M
Q3 24	$72M
Q4 24	$61M
Q1 25	$60M
Q2 25	$92M
Q3 25	$85M
Q4 25	$100M
Q1 26	$96M
Q2 26	$106M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+26.9%	+23.2%
Q4 22	+29.1%	+25.6%
Q1 23	+30.7%	+27.6%
Q2 23	+26.8%	+28.7%
Q3 23	+6.3%	+12.8%
Q4 23	-5.3%	+1.1%
Q1 24	-12.0%	-7.2%
Q2 24	-16.7%	-14.0%
Q3 24	-3.2%	-4.1%
Q4 24	+9.0%	-1.1%
Q1 25	+18.5%	+14.9%
Q2 25	+23.7%	+19.6%
Q3 25	+30.0%	+17.0%
Q4 25	+23.7%	+16.9%
Q1 26	+13.0%	+8.8%
Q2 26	+7.2%	+5.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$37M	1.6%
Q4 22	$37M	1.5%
Q1 23	$35M	1.3%
Q2 23	$38M	1.3%
Q3 23	$48M	2.0%
Q4 23	$50M	2.1%
Q1 24	$49M	2.0%
Q2 24	$49M	2.0%
Q3 24	$57M	2.4%
Q4 24	$59M	2.3%
Q1 25	$62M	2.2%
Q2 25	$62M	2.0%
Q3 25	$70M	2.3%
Q4 25	$71M	2.2%
Q1 26	$70M	2.2%
Q2 26	$74M	2.2%

OpEx Breakdown

Quarter	R&D	SG&A
Q3 22	$285M	$216M
Q4 22	$297M	$237M
Q1 23	$319M	$254M
Q2 23	$333M	$243M
Q3 23	$328M	$238M
Q4 23	$317M	$251M
Q1 24	$311M	$240M
Q2 24	$320M	$237M
Q3 24	$322M	$222M
Q4 24	$324M	$216M
Q1 25	$323M	$251M
Q2 25	$346M	$267M
Q3 25	$338M	$249M
Q4 25	$353M	$250M
Q1 26	$360M	$269M
Q2 26	$384M	$280M

Revenue Segments

Quarter	Defect Inspection	Other Revenue	PCB And Component Inspection	Patterning	Service	Specialty Semiconductor Process
Q3 22	$919M	$42M	$123M	$611M	$488M	$106M
Q4 22	$1.1B	$90M	$179M	$491M	$512M	$111M
Q1 23	$1.1B	$111M	$134M	$733M	$529M	$114M
Q2 23	$1.3B	$91M	$109M	$861M	$520M	$146M
Q3 23	$1.0B	$80M	$69M	$612M	$529M	$115M
Q4 23	$950M	$99M	$65M	$585M	$539M	$117M
Q1 24	$1.0B	$101M	$71M	$542M	$560M	$112M
Q2 24	$1.2B	$111M	$77M	$430M	$565M	$136M
Q3 24	$988M	$58M	$68M	$539M	$590M	$116M
Q4 24	$1.2B	$64M	$74M	$542M	$614M	$106M
Q1 25	$1.4B	$66M	$73M	$576M	$644M	$113M
Q2 25	$1.6B	$80M	$93M	$531M	$667M	$143M
Q3 25	$1.5B	$19M	$104M	$636M	$669M	$138M
Q4 25	$1.8B	$39M	$85M	$453M	$703M	$123M
Q1 26	$1.5B	$43M	$117M	$667M	$745M	$100M
Q2 26	$1.6B	$40M	$80M	$696M	$786M	$122M

Revenue by Geography

Quarter	China	Europe and Israel	Japan	Korea, Republic Of	North America	Rest of Asia	Taiwan, Province Of China
Q3 22	$710M	$164M	$133M	$474M	$219M	$74M	$515M
Q4 22	$721M	$210M	$220M	$394M	$259M	$72M	$610M
Q1 23	$840M	$164M	$218M	$407M	$234M	$113M	$748M
Q2 23	$682M	$170M	$270M	$591M	$367M	$136M	$769M
Q3 23	$635M	$209M	$216M	$468M	$341M	$84M	$479M
Q4 23	$711M	$139M	$185M	$429M	$313M	$80M	$497M
Q1 24	$1.0B	$168M	$227M	$220M	$251M	$99M	$405M
Q2 24	$1.0B	$123M	$298M	$311M	$264M	$88M	$375M
Q3 24	$997M	$129M	$267M	$201M	$247M	$84M	$434M
Q4 24	$1.1B	$119M	$171M	$175M	$309M	$124M	$524M
Q1 25	$1.2B	$145M	$189M	$239M	$501M	$108M	$462M
Q2 25	$1.1B	$134M	$229M	$357M	$286M	$97M	$881M
Q3 25	$793M	$170M	$339M	$379M	$294M	$100M	$988M
Q4 25	$959M	$125M	$377M	$478M	$281M	$81M	$874M
Q1 26	$1.3B	$151M	$295M	$299M	$298M	$105M	$794M
Q2 26	$995M	$161M	$229M	$479M	$394M	$194M	$845M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$1.4B	$1.2B	$2.6B
Q4 22	$1.6B	$1.1B	$2.7B
Q1 23	$1.8B	$1.1B	$3.0B
Q2 23	$1.6B	$1.3B	$2.9B
Q3 23	$1.6B	$1.3B	$2.9B
Q4 23	$1.9B	$1.3B	$3.2B
Q1 24	$1.7B	$1.6B	$3.3B
Q2 24	$1.7B	$1.7B	$3.3B
Q3 24	$1.8B	$2.4B	$4.3B
Q4 24	$2.0B	$2.5B	$4.5B
Q1 25	$2.0B	$2.7B	$4.6B
Q2 25	$1.8B	$1.9B	$3.8B
Q3 25	$1.9B	$2.2B	$4.0B
Q4 25	$2.1B	$2.4B	$4.5B
Q1 26	$1.9B	$2.7B	$4.7B
Q2 26	$2.5B	$2.8B	$5.2B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	151M	-0.8%	-2.6%
Q4 22	149M	-1.3%	-3.3%
Q1 23	143M	-4.4%	-7.1%
Q2 23	142M	-0.4%	-6.8%
Q3 23	139M	-2.3%	-8.3%
Q4 23	138M	-0.7%	-7.7%
Q1 24	137M	-0.4%	-3.8%
Q2 24	136M	-0.6%	-4.0%
Q3 24	136M	-0.3%	-2.0%
Q4 24	135M	-0.4%	-1.7%
Q1 25	135M	-0.4%	-1.6%
Q2 25	134M	-0.3%	-1.3%
Q3 25	133M	-0.8%	-1.9%
Q4 25	133M	-0.4%	-1.9%
Q1 26	132M	-0.3%	-1.8%
Q2 26	132M	-0.1%	-1.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$202.5K	11K
Q4 22	$177.6K	14K
Q1 23	$194.6K	14K
Q2 23	$213.1K	14K
Q3 23	$173.8K	14K
Q4 23	$157.0K	15K
Q1 24	$159.8K	15K
Q2 24	$165.8K	15K
Q3 24	$157.0K	15K
Q4 24	$171.1K	15K
Q1 25	$189.4K	15K
Q2 25	$205.1K	15K
Q3 25	$204.2K	15K
Q4 25	$211.6K	15K
Q1 26	$214.0K	15K
Q2 26	$219.8K	15K

Revenue / Employee