KLA CORP KLAC

Technology SIC 3827 - Optical Instruments & Lenses NAICS Manufacturing › Machinery Manufacturing › Commercial and Service Industry Machinery Manufacturing derived Nasdaq

KLA Corporation and its majority-owned subsidiaries ("KLA" or the "Company," and also referred to as "we," "our," "us" or similar references) are suppliers of industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits ("ICs" or "chips"), packaged ICs and printed circuit boards ("PCBs"), as well as comprehensive support and services across our installed base. Our suite of advanced products, coupled with our unique process control software and services, allows us to deliver solutions that help our customers achieve their technology advancement and high-volume production goals by improving yields while reducing waste, risks and costs. This improves our customers' overall profitability and return on investment. Our services business, which accounted for approximately 23% of our total revenues in fiscal 2026, provides maintenance and other services to maximize uptime, productivity and tool life for our customers.

Last close 145.61 2026-10-23
Market cap $190.25B 2026-06-30 share count
52-week range 107.20 - 307.37

Valuation FY2026 figures against the last close

P/S14.0x
P/E39.8x
P/FCF50.5x
EV/EBITDA—
Dividend yield0.6%
Diluted EPS3.66

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • China
  • Taiwan
  • Korea
  • North America
  • Japan
  • Europe and Israel
  • Rest of Asia
Revenue by geography, 7 categories over 3 years. The same figures are in the table below. FY2026 China, FY2026: 4B (29.8%) 30% China Taiwan, FY2026: 3.6B (26.8%) 27% Taiwan Korea, FY2026: 1.8B (13.5%) 14% Korea North America, FY2026: 1.8B (12.9%) 13% North America Japan, FY2026: 915.1M (6.7%) 7% Japan Europe and Israel, FY2026: 726.7M (5.4%) 5% Rest of Asia, FY2026: 654.4M (4.8%) 5% FY2025 China, FY2025: 4B (33.3%) 33% Taiwan, FY2025: 3.2B (26.4%) 26% Korea, FY2025: 1.5B (12.0%) 12% North America, FY2025: 1.4B (11.2%) 11% Japan, FY2025: 1.1B (9.3%) 9% Europe and Israel, FY2025: 574.2M (4.7%) 5% Rest of Asia, FY2025: 385.9M (3.2%) FY2024 China, FY2024: 4.2B (42.8%) 43% Taiwan, FY2024: 1.7B (17.7%) 18% Korea, FY2024: 906.9M (9.2%) 9% North America, FY2024: 1.1B (10.9%) 11% Japan, FY2024: 963.2M (9.8%) 10% Europe and Israel, FY2024: 540.3M (5.5%) 6% Rest of Asia, FY2024: 396.3M (4.0%) 4%
Region FY2026FY2025FY2024
China $4.05B $4.04B $4.20B
Taiwan $3.64B $3.21B $1.74B
Korea $1.83B $1.45B $906.9M
North America $1.76B $1.36B $1.07B
Japan $915.1M $1.13B $963.2M
Europe and Israel $726.7M $574.2M $540.3M
Rest of Asia $654.4M $385.9M $396.3M

As the company reported it, from the “SEGMENT REPORTING AND GEOGRAPHIC INFORMATION - Schedule of Revenue from External Customers (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue $13.58B$12.16B$9.81B$10.50B$9.21B$6.92B$5.81B$4.57B$4.04B$3.48B
Cost of revenue $5.26B$4.75B$3.93B$4.22B$3.59B$2.77B$2.45B$1.87B$1.45B$1.29B
Gross profit $8.32B$7.40B$5.88B$6.28B$5.62B$4.15B$3.36B$2.70B$2.59B$2.19B
R&D $1.53B$1.36B$1.28B$1.30B$1.11B$928.5M$863.9M$711.0M$608.5M$526.7M
SG&A $1.13B$1.03B$969.5M$986.3M$860.0M$729.6M$734.1M$599.1M$442.3M$388.2M
Interest expense $284.4M$302.2M$311.3M$296.9M$160.3M$157.3M$160.3M$124.6M$114.4M$122.5M
Pre-tax income $5.61B$4.64B$3.19B$3.79B$3.49B$2.36B$1.32B$1.30B$1.46B$1.17B
Income tax $775.2M$582.8M$428.1M$401.8M$167.2M$283.1M$101.7M$121.2M$653.7M$247.2M
Net income $4.83B$4.06B$2.76B$3.39B$3.32B$2.08B$1.22B$1.18B$802.3M$926.1M
EPS, basic 3.683.052.0424.2822.0713.497.767.535.135.92
EPS, diluted 3.663.042.0324.1521.9213.377.707.495.105.88
Shares, diluted (wtd. avg.) 1.32B1.34B1.36B140.2M151.6M155.4M158.0M156.9M157.4M157.5M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $1.65B$2.08B$1.98B$1.93B$1.58B$1.43B$1.23B$1.02B$1.40B$1.15B
Short-term investments ——————$746.1M$723.4M$1.48B$1.86B
Receivables $2.89B$2.26B$1.83B$1.75B$1.81B$1.31B$1.11B$990.1M$635.9M$571.1M
Inventory $3.65B$3.21B$3.03B$2.88B$2.15B$1.58B$1.31B$1.26B$931.8M$733.0M
Total current assets $12.38B$10.70B$10.03B$8.37B$7.17B$5.70B$4.72B$4.32B$4.55B$4.39B
Property, plant and equipment $1.38B$1.25B$1.11B$1.03B$849.9M$663.0M$519.8M$448.8M$286.3M$284.0M
Goodwill $1.79B$1.79B$2.02B$2.28B$2.32B$2.01B$2.05B$2.21B$354.7M$349.5M
Other intangibles $255.8M$444.8M$668.8M$935.3M$1.19B$1.19B$1.39B$1.56B$19.3M$19.0M
Total assets $17.95B$16.07B$15.43B$14.07B$12.60B$10.27B$9.28B$9.01B$5.64B$5.53B
Accounts payable $623.7M$458.5M$359.5M$371.0M$443.3M$342.1M$264.3M$202.4M$169.4M$147.4M
Short-term debt —$0$749.9M$0$0$20.0M$0$250.0M$0$250.0M
Total current liabilities $4.30B$4.09B$4.66B$3.74B$2.87B$2.10B$1.70B$1.77B$1.21B$1.29B
Long-term debt $5.89B$5.88B$5.88B$5.89B$6.66B$3.42B$3.47B$3.17B$2.24B$2.68B
Total liabilities $11.60B$11.38B$12.07B$11.15B$11.20B$6.90B$6.60B$6.33B$4.02B$4.21B
Retained earnings $3.68B$2.18B$1.14B$848.4M$366.9M$1.28B$654.9M$714.8M$1.06B$848.5M
Total equity $6.35B$4.69B$3.37B$2.92B$1.40B$3.38B$2.68B$2.68B$1.62B$1.33B

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow $4.14B$4.08B$3.31B$3.67B$3.31B$2.19B$1.78B$1.15B$1.23B$1.08B
Depreciation and amortisation $394.0M$394.1M$401.7M$415.1M$363.3M$333.3M$348.0M$233.2M$62.7M$57.8M
Stock-based compensation $310.2M$265.0M$212.7M$171.4M$126.9M$111.8M$111.4M$94.2M$62.8M$50.9M
Capital expenditure $375.9M$335.3M$277.4M$341.6M$307.3M$231.6M$152.7M$130.5M$66.9M$38.6M
Investing cash flow -$1.19B-$202.5M-$1.48B-$482.6M-$876.5M-$500.4M-$258.9M-$1.18B$291.6M-$560.9M
Financing cash flow -$3.39B-$3.79B-$1.78B-$2.83B-$2.26B-$1.50B-$1.30B-$360.0M-$1.27B-$472.8M
Dividends paid $1.06B$904.6M$773.0M$732.6M$638.5M$559.4M$522.4M$472.3M$402.1M$344.0M
Buybacks $2.29B$2.15B$1.74B$1.31B$3.97B$938.6M$829.1M$1.10B$203.2M$25.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000319201-26-000027.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 5B 10B 15B Revenue, FY2017: 3.5B Gross profit, FY2017: 2.2B Net income, FY2017: 926.1M Revenue, FY2018: 4B Gross profit, FY2018: 2.6B Net income, FY2018: 802.3M Revenue, FY2019: 4.6B Gross profit, FY2019: 2.7B Net income, FY2019: 1.2B Revenue, FY2020: 5.8B Gross profit, FY2020: 3.4B Net income, FY2020: 1.2B Revenue, FY2021: 6.9B Gross profit, FY2021: 4.1B Net income, FY2021: 2.1B Revenue, FY2022: 9.2B Gross profit, FY2022: 5.6B Net income, FY2022: 3.3B Revenue, FY2023: 10.5B Gross profit, FY2023: 6.3B Net income, FY2023: 3.4B Revenue, FY2024: 9.8B Gross profit, FY2024: 5.9B Net income, FY2024: 2.8B Revenue, FY2025: 12.2B Gross profit, FY2025: 7.4B Net income, FY2025: 4.1B Revenue, FY2026: 13.6B Gross profit, FY2026: 8.3B Net income, FY2026: 4.8B FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $3.48B $4.04B $4.57B $5.81B $6.92B $9.21B $10.50B $9.81B $12.16B $13.58B
Gross profit $2.19B $2.59B $2.70B $3.36B $4.15B $5.62B $6.28B $5.88B $7.40B $8.32B
Net income $926.1M $802.3M $1.18B $1.22B $2.08B $3.32B $3.39B $2.76B $4.06B $4.83B

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Other event Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02
  • Charter or fiscal year changed Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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