KLAC FY 2025 Earnings Report — KLA Corporation Revenue & Financial Results | Market Cap Arena

KLA CorporationKLAC

FY 2025 Earnings

Reported August 8, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$12.2B	—	$9.8B	—	23.9%
Op. Income	$5.2B	—	$3.6B	—	44.2%
Gross Margin	62.3%	—	60.0%	—	2.3pp
Net Margin	33.4%	—	28.1%	—	5.3pp
EPS (Diluted)	$30.37	—	$20.28	—	49.8%
Free Cash Flow	$3.7B	—	$3.0B	—	23.4%

Revenue Flow

Item	Amount
REVENUE	$12.2B
Cost of Revenue	$4.6B
GROSS PROFIT	$7.6B
R&D Expenses	$1.4B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$979M
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$6.9B
OPERATING INCOME	$5.2B
Interest Income	$180M
Interest Expense	$302M
Other Income/Expenses	-$597M
INCOME BEFORE TAX	$4.6B
Income Tax Expense	$583M
Net Income from Continuing Ops	$4.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.1B
D&A	$394M
EBIT	$4.9B
EBITDA	$5.3B
EPS	$31
EPS Diluted	$30

Income Statement

Item	Amount
REVENUE	$12.2B
Cost of Revenue	$4.6B
GROSS PROFIT	$7.6B
R&D Expenses	$1.4B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$979M
Other Expenses	$0
Operating Expenses	$2.3B
Cost & Expenses	$6.9B
OPERATING INCOME	$5.2B
Interest Income	$180M
Interest Expense	$302M
Other Income/Expenses	-$597M
INCOME BEFORE TAX	$4.6B
Income Tax Expense	$583M
Net Income from Continuing Ops	$4.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$4.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.1B
D&A	$394M
EBIT	$4.9B
EBITDA	$5.3B
EPS	$31
EPS Diluted	$30

Cash Flow Statement

Item	Amount
Net Income	$4.1B
Depreciation & Amortization	$394M
Stock-Based Compensation	$265M
Deferred Income Tax	-$247M
Other Non-Cash Items	$254M
Change in Working Capital	-$646M
OPERATING CASH FLOW	$4.1B
Capital Expenditure	-$340M
Acquisitions (Net)	$0
Purchases of Investments	-$2.9B
Sales/Maturities of Investments	$3.0B
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$202M
Net Debt Issuance	-$750M
Common Stock Repurchased	-$2.1B
Common Dividends Paid	-$905M
Other Financing Activities	-$133M
NET CASH FROM FINANCING	-$3.8B
FREE CASH FLOW	$3.7B
Net Change in Cash	$102M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.1B
Short-Term Investments	$2.4B
Net Receivables	$2.4B
Inventory	$3.2B
Other Current Assets	$357M
TOTAL CURRENT ASSETS	$10.7B
PP&E (Net)	$1.3B
Goodwill	$1.8B
Intangible Assets	$445M
Long-Term Investments	$0
Tax Assets	$1.1B
Other Non-Current Assets	$774M
TOTAL NON-CURRENT ASSETS	$5.4B
TOTAL ASSETS	$16.1B
Account Payables	$459M
Short-Term Debt	$0
Deferred Revenue	$2.0B
Other Current Liabilities	$1.3B
TOTAL CURRENT LIABILITIES	$4.1B
Long-Term Debt	$5.9B
Deferred Revenue NC	$349M
Deferred Tax Liabilities	$447M
Other Non-Current Liabilities	$451M
TOTAL NON-CURRENT LIABILITIES	$7.3B
TOTAL LIABILITIES	$11.4B
Common Stock	$132.0K
Additional Paid-In Capital	$2.5B
Retained Earnings	$2.2B
Treasury Stock	$0
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.7B
Minority Interest	$0
TOTAL EQUITY	$4.7B
TOTAL LIABILITIES & EQUITY	$16.1B
Total Debt	$6.1B
Net Debt	$4.0B