Monday, 9 November 2026
Silicon Analytica
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Supplier of process control and process-enabling solutions

KLA

Latest quarter: Q1 FY2027, ended September 2026

KLAC · NasdaqEquipment

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About the company

KLA Corporation is the leading supplier of process control equipment for chipmaking: inspection and metrology systems that find defects and measure features so manufacturers can raise yields. The Semiconductor Process Control segment accounts for most revenue and includes wafer and reticle inspection, metrology and data analytics software. Smaller segments supply specialty process tools such as etch and deposition, and inspection equipment for printed circuit boards and electronic components. Service for its installed base is a significant source of recurring revenue. Demand rises as chips become more complex and defects become harder to detect.

Silicon Analytica summary based on the company's latest annual report

Key figures

Q1 FY2027 · 30 Sept 2026

Revenue
▲ +28.9% y/y
Operating income
▲ +39.2% y/y
Gross marginCalc.
+0.6 pp y/y
Operating marginCalc.
+3.4 pp y/y
Net income
▲ +38.1% y/y
Free cash flowCalc.
▲ +25.4% y/y

Figures from company filings. Calculated values marked Calc. · Methodology →

How the company earns its revenue

$90.2of every $100Semiconductor Process Control$12.2B in FY2026

Total of categories: US$13.6B, reconciles to reported revenue. Different classifications are never added together.

View sources
  • KLA Form 10-K · Notes, segment information (revenue by reportable segment); corporate reconciling item under US$1 million omitted · FY2026 · published 6 Aug 2026

Quarterly trend

12 available quarters · US GAAP

Revenue, USD (left) · gross margin, % (right) · US GAAPRevenueGross margin$0$2B$4B$6BQ2 FY2024Q4 FY2024Q2 FY2025Q4 FY2025Q2 FY2026Q4 FY2026Revenue, Q2 FY2024: US$2.5B (Reported)$2.5BRevenue, Q3 FY2024: US$2.4B (Reported)$2.4BRevenue, Q4 FY2024: US$2.6B (Calculated)$2.6BRevenue, Q1 FY2025: US$2.8B (Reported)$2.8BRevenue, Q2 FY2025: US$3.1B (Reported)$3.1BRevenue, Q3 FY2025: US$3.1B (Reported)$3.1BRevenue, Q4 FY2025: US$3.2B (Calculated)$3.2BRevenue, Q1 FY2026: US$3.2B (Reported)$3.2BRevenue, Q2 FY2026: US$3.3B (Reported)$3.3BRevenue, Q3 FY2026: US$3.4B (Reported)$3.4BRevenue, Q4 FY2026: US$3.7B (Calculated)$3.7BRevenue, Q1 FY2027: US$4.1B (Reported)$4.1B50%70%Gross margin, Q2 FY2024: 60.7% (Calculated)Gross margin, Q3 FY2024: 57.9% (Calculated)Gross margin, Q4 FY2024: 60.7% (Calculated)Gross margin, Q1 FY2025: 59.6% (Calculated)Gross margin, Q2 FY2025: 60.3% (Calculated)Gross margin, Q3 FY2025: 61.6% (Calculated)Gross margin, Q4 FY2025: 62.0% (Calculated)Gross margin, Q1 FY2026: 61.3% (Calculated)Gross margin, Q2 FY2026: 61.4% (Calculated)Gross margin, Q3 FY2026: 61.1% (Calculated)Gross margin, Q4 FY2026: 61.4% (Calculated)Gross margin, Q1 FY2027: 61.9% (Calculated)61.9%Source: KLA quarterly filings and results releases · gross margin = gross profit ÷ revenue, calculated by SiliconAnalyticaSilicon Analyticasiliconanalytica.com/companies/kla
View sources
  • KLA Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q2 FY2024 · published 31 Jan 2025 · covers
  • KLA Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q3 FY2024 · published 1 May 2025 · covers
  • KLA Form 10-K · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q4 FY2024, Q4 FY2025, Q4 FY2026 · published 6 Aug 2026 · covers
  • KLA Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q1 FY2025, Q1 FY2026 · published 31 Oct 2025 · covers
  • KLA Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q2 FY2025, Q2 FY2026 · published 30 Jan 2026 · covers
  • KLA Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q3 FY2025, Q3 FY2026 · published 30 Apr 2026 · covers
  • KLA Corporation Reports Fiscal 2027 First Quarter Results :: KLA Corporation (KLAC) · Condensed consolidated statements of operations; row 133; value column index 0; read 2026-11-05 · Q1 FY2027 · published 28 Oct 2026 · covers

Financial statements

Full page →

As filed with the SEC (10-K/10-Q), from XBRL data. US$ millions, except per-share amounts; shares in millions.

Line itemQ1 FY2027To 30 Sept 202610-Q ↗Q4 FY2026To 30 Jun 202610-K ↗Q3 FY2026To 31 Mar 202610-Q ↗Q2 FY2026To 31 Dec 202510-Q ↗Q1 FY2026To 30 Sept 202510-Q ↗
Revenue4,1363,658c3,4153,2973,210
Cost of revenue1,5781,413c1,3281,2711,243
Gross profit2,558c2,244c2,087c2,026c1,967c
Gross margin61.9%61.4%61.1%61.4%61.3%
Research & development395399c389384360
Selling, general & administrative301291c291280269
Operating income1,862c1,554c1,408c1,362c1,337c
Operating margin45.0%42.5%41.2%41.3%41.7%
Interest & other, net−38c−4.6c9.3c−32c−28c
Pre-tax income1,8241,549c1,4171,3301,309
Income tax275186c216185188
Net income1,5491,363c1,2011,1461,121
Net margin37.4%37.3%35.2%34.7%34.9%
Diluted EPS1.18—9.128.680.85
Diluted shares1,311—1321321,324

Columns link to the filing. c Calculated by Silicon Analytica from filed figures (hover for the formula); fourth-quarter flows are fiscal year minus nine months. Margins are calculated. Fourth-quarter per-share figures are not filed separately and are left blank. Per-share amounts and share counts are shown as filed; a stock split between these periods means earlier columns are not split-adjusted.

View sources (5)
  1. KLA 10-Q filed 29 Oct 2026 · accession 0000319201-26-000034
  2. KLA 10-K filed 6 Aug 2026 · accession 0000319201-26-000027
  3. KLA 10-Q filed 30 Apr 2026 · accession 0000319201-26-000016
  4. KLA 10-Q filed 30 Jan 2026 · accession 0000319201-26-000008
  5. KLA 10-Q filed 31 Oct 2025 · accession 0000319201-25-000034

Values: SEC XBRL company facts (data.sec.gov), refreshed 8 Nov 2026. A period's original filing is used unless a later filing restated it.

Earnings history

KLA's results by period: revenue, margins and segments from stored filings.

Quarters

Fiscal years

Five-year financial history

US GAAP

Latest 5 completed fiscal years, US GAAP, USD, as reported in annual filings (restated comparatives used where later filings revised them). Ratios and growth are Silicon Analytica calculations from the same records.

Revenue

USD · fiscal years · US GAAP · reported

Revenue (USD)FY2022: US$9.2BUS$9.2BFY202230 Jun 2022FY2023: US$10.5BUS$10.5BFY202330 Jun 2023FY2024: US$9.8BUS$9.8BFY202430 Jun 2024FY2025: US$12.2BUS$12.2BFY202530 Jun 2025FY2026: US$13.6BUS$13.6BFY202630 Jun 2026Silicon AnalyticaKLA Form 10-K filed 2026-08-06

Net income attributable to shareholders

USD · fiscal years · US GAAP · reported

Net income attributable to shareholders (USD)FY2022: US$3.3BUS$3.3BFY202230 Jun 2022FY2023: US$3.4BUS$3.4BFY202330 Jun 2023FY2024: US$2.8BUS$2.8BFY202430 Jun 2024FY2025: US$4.1BUS$4.1BFY202530 Jun 2025FY2026: US$4.8BUS$4.8BFY202630 Jun 2026Silicon AnalyticaKLA Form 10-K filed 2026-08-06
KLA annual results
USDFY2022ended 30 Jun 2022FY2023ended 30 Jun 2023FY2024ended 30 Jun 2024FY2025ended 30 Jun 2025FY2026ended 30 Jun 2026
Revenue
Gross profit
Gross margin
Net income (attributable)
Diluted EPS
R&D expense
R&D as % of revenue

Business model and industry role

Semiconductor Process Control

This segment provides inspection, metrology, and software products to help integrated circuit, wafer, and reticle manufacturers achieve target yields [1].

Specialty Semiconductor Process

This segment develops and sells advanced vacuum deposition and etching process tools to specialty semiconductor customers [1].

PCB and Component Inspection

This segment enables manufacturers to inspect, test, and measure printed circuit boards, IC substrates, and packaged ICs to verify their quality [1].

Who buys it

KLA sells to semiconductor, semiconductor-related, and electronic device manufacturers in Asia, the U.S., and Europe 1. For fiscal year 2026, Taiwan Semiconductor Manufacturing Company Limited accounted for more than 10% of total revenues 1.

How it earns revenue

The company derives revenue primarily from product sales and related service contracts 1. The services business accounted for approximately 23% of total revenues in fiscal 2026 1.

What it depends on

The business depends on the capital expenditures of semiconductor and electronics manufacturers, which are driven by demand for integrated circuits 1.

What drives profitabilityIncludes Silicon Analytica view

Customers' need to accelerate yield ramps and reach high-volume production ahead of competitors makes KLA's process control solutions an essential enabler of their success 1.

Competitive position, drivers and risks

Competitive position

Competitors include Applied Materials, Inc., ASML Holding N.V., Hitachi High-Tech Corporation, Lasertec, Inc. and Onto Innovation, Inc. 1.

Evidence

The market for process control solutions is highly competitive, and some competitors may have greater financial, research, and marketing resources than KLA 1.

Growth drivers and conditions

Company view: Customers' overriding requirement is for systems that enhance productivity, improve yields and reduce waste 1. KLA seeks to maintain its market position by building long-term customer relationships and anticipating future market demands 1.

Cyclicality and downside risks

Reported: Competitors are expected to continue to improve their products and introduce new ones with better pricing and performance 1. Any loss of competitive position could negatively impact prices, orders, revenue, and market share 1.

What to watch next

  1. Reliance on capital spending in the cyclical semiconductor sector
  2. Impact of export controls, tariffs, and trade restrictions
  3. Dependence on single or limited source suppliers for parts
  4. Competition from large companies and new market entrants
  5. Risks related to international operations and geopolitics

Peer comparison

Compare with another company

Peers not yet selected by the editor. Financials compares latest reported periods and labels mismatched period ends.

Latest analysis on KLA

Markets

Where Every $100 of Chipmaking Equipment Spending Goes

A visual guide to lithography, etch, deposition and the companies supplying the machines behind semiconductor manufacturing.

13 Oct 2026●9 min read●Explainer
Markets

Beyond the Machine Sale: Who Captures the Next Wave of Equipment Spending?

How process complexity, service revenue and changing competition shape the economics of semiconductor equipment.

13 Oct 2026●8 min read●Analysis

Compare with

KLA vs Lam ResearchKLA vs Tokyo Electron

More data on KLA

KLA income statement and balance sheet

Sources & methodology
  1. KLA Form 10-K for latest fiscal year ↗ · 6 Aug 2026 · Item 1 Business / Item 4 Information on the Company; risk factors

Annual and quarterly figures come from the company's SEC filings (XBRL financial data and, where needed, the filed statements). Each value keeps its filing, period dates and accounting basis. Ratios, growth rates, free cash flow, split-adjusted EPS and derived quarters are Silicon Analytica calculations, shown with their inputs. Percentage growth is not shown when the prior value is zero or negative. Guidance is shown only as company guidance; no analyst consensus is used.

Data checks: ✓ 40 passed · ⚠ Required fields FY2022: Missing: operating_income · ⚠ Required fields FY2023: Missing: operating_income · ⚠ Required fields FY2024: Missing: operating_income · ⚠ Required fields FY2025: Missing: operating_income · ⚠ Required fields FY2026: Missing: operating_income

AW · Reviewed —