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KLA Corporation

KLAC · Information Technology

Last earnings Oct 28, 2026

Key results

GAAP EPSquarter

$8.68

GAAP diluted EPS was $8.68 and non-GAAP

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

Free cash flowquarter

$1.26 billion

free cash flow was $1.26 billion and $4.38 billion, respectively and Capital returns for the quarter and last twelve months were $797.4 million and $3.01 billion, respectively.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

GAAP net incomefull-year

$1.15 billion

, January 29, 2026 - KLA Corporation (NASDAQ KLAC) today announced financial and operating results for its second quarter of fiscal year 2026, which ended on December 31, 2025, and reported GAAP net income of $1.15 billion and GAAP net income per diluted share of $8.68 on revenues of $3.30 billion.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

GAAP net incomequarter

$8.68

, January 29, 2026 - KLA Corporation (NASDAQ KLAC) today announced financial and operating results for its second quarter of fiscal year 2026, which ended on December 31, 2025, and reported GAAP net income of $1.15 billion and GAAP net income per diluted share of $8.68 on revenues of $3.30 billion.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

Revenuequarter

$3.30 billion

, January 29, 2026 - KLA Corporation (NASDAQ KLAC) today announced financial and operating results for its second quarter of fiscal year 2026, which ended on December 31, 2025, and reported GAAP net income of $1.15 billion and GAAP net income per diluted share of $8.68 on revenues of $3.30 billion.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

AI analysis

Q2 FY2026 · reported Jan 29, 2026

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Revenue · Q2 FY2026
$3.30B
EX-99 · Jan 29, 2026
GAAP EPS · Q2 FY2026
$8.68
EX-99 · Jan 29, 2026
Free cash flow · Q2 FY2026
$1.26B
EX-99 · Jan 29, 2026
GAAP net income · Q2 FY2026
$1.15B
EX-99 · Jan 29, 2026

Headline figures

MetricQ2 FY2026Prior qtrYear ago
GAAP EPS$8.68——
Free cash flow$1.26 billion——
GAAP net income$8.68——
Revenue$3.30 billion——

EX-99 · Jan 29, 2026

Guidance · company-stated

gross margin

“is expected to be in a range of 60.62%”

GAAP diluted EPS

“is expected to be in a range of $8.85”

Non-GAAP diluted EPS

“is expected to be in a range of $9.08”

Guidance stated in the release's Business Outlook table for the third quarter of fiscal 2026; no direction stated — figures as stated in the table.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$1.26B

Capital allocation

Note Regarding Forward-Looking Statements Statements in this press release other than historical facts, such as statements pertaining to the amount and timing of dividends, the amount and timing of share repurchases, total revenues, GAAP and non-GAAP gross margin and GAAP and non-GAAP diluted EPS for the quarter ending March 31, 2026, are forward-looking statements and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995.

Our business depends upon the capital expenditures of semiconductor, semiconductor-related and electronic device manufacturers, which are driven by current and anticipated market demand for ICs and the products that use them.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

KLA will discuss the results for its fiscal year 2026 second quarter, along with its outlook, on a conference call today beginning at 2 00 p.m

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Guidance & outlook

gross margin: “gross margin is expected to be in a range of 60.62%”

GAAP diluted EPS: “GAAP diluted EPS is expected to be in a range of $8.85”

Non-GAAP diluted EPS: “Non-GAAP diluted EPS is expected to be in a range of $9.08”

gross margin (“the third quarter of fiscal 2026”)
“gross margin is expected to be in a range of 60.62%”

GAAP diluted EPS (“the third quarter of fiscal 2026”)
“GAAP diluted EPS is expected to be in a range of $8.85”

Non-GAAP diluted EPS (“the third quarter of fiscal 2026”)
“Non-GAAP diluted EPS is expected to be in a range of $9.08”

Guidance stated in the release's Business Outlook table for the third quarter of fiscal 2026; no direction stated — figures as stated in the table.

Capital allocation

Note Regarding Forward-Looking Statements Statements in this press release other than historical facts, such as statements pertaining to the amount and timing of dividends, the amount and timing of share repurchases, total revenues, GAAP and non-GAAP gross margin and GAAP and non-GAAP diluted EPS for the quarter ending March 31, 2026, are forward-looking statements and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

Our business depends upon the capital expenditures of semiconductor, semiconductor-related and electronic device manufacturers, which are driven by current and anticipated market demand for ICs and the products that use them.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Our business depends on capital expenditures from these manufacturers which, in turn, depend on many factors including general economic conditions, anticipated market demand, evolving government regulations and capacity constraints.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Compliance with these laws and regulations does not presently have a material effect on our capital expenditures, financial condition, results of operations or competitive position.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

We include details in our 2024 GIR and other similar disclosures that are not included in this Form 10-K because we seek to be responsive to various areas of interest of our stakeholders; however, such information generally does not, and is not expected to, have a material effect on our capital expenditures, financial condition, results of operations or competitive position.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Strategy & priorities

The semiconductor industry continues to experience market expansion and diversification.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

We focus on providing comprehensive resources for the full breadth of process control, process-enabling and yield management solutions for manufacturing and testing wafers and reticles, a wide variety of ICs, PCBs, IC substrates and packaging as well as general materials research.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Manufacturing, Raw Materials and Supplies We perform system design, assembly and testing in-house and use an outsourcing strategy to manufacture components and major subassemblies.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Our supply chain strategy incorporates considerations for ethical labor practices, responsible minerals sourcing, and Responsible Business Alliance and SEMI guidelines, and increasing regulatory expectations regarding the environmental, social and/or geographic provenance of materials or components may at times require us to incorporate further such considerations into our supply chain strategy.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Environmental, Social and Governance Initiatives KLA strives to proactively manage and address the ESG topics most important to our stakeholders.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Risks & headwinds

These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties.

SEC original ↗KLA Corporation — Earnings release (8-K exhibit)EX-99Jan 29, 2026

Legal Proceedings 33 Item 4.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

This report also contains ESG-related statements based on hypothetical scenarios and assumptions as well as estimates that are subject to a high level of uncertainty, and these statements should not necessarily be viewed as being representative of current or actual risk or performance, or forecasts of expected risk or performance.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Regulations that impact trade, including the imposition of export controls and tariffs, have had an adverse impact on our results of operations.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

government or another country could significantly impact our ability to provide products and services to existing and potential customers, especially in China, and adversely affect our business, financial condition and results of operations.

SEC original ↗KLA Corporation — 10-K Annual report10-KAug 6, 2026

Documents

Earnings deck slides

1 deck with slide view

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Microsoft (MSFT) Information TechnologyTeradyne (TER) Information TechnologyASML Holding (ASML) Information TechnologyMicron Technology (MU) Information TechnologySeagate Technology (STX) Information TechnologyUnited Microelectronics (UMC) Information TechnologyMonolithic Power Systems (MPWR) Information TechnologyCoherent Corp. (COHR) Information Technology

Filings

75 documents

Earnings releases

60 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for KLA Corporation are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention KLA Corporation by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.