NASDAQ : KLAC
KLA Corporation — Financial statements
Technology · Semiconductor Equipment & Materials · United States
Last price 162.99 USD (Oct 30, 2026, 10:03 AM EDT) · Market cap 212.37B
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Financial statements
KLA Corporation (KLAC) reported revenue of 14.51B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 14.51B | 13.58B | 12.16B | 9.81B | 10.50B | 9.21B |
| Cost of Revenue | 5.59B | 5.26B | 4.75B | 3.93B | 4.22B | 3.59B |
| Gross Profit | 8.92B | 8.32B | 7.40B | 5.88B | 6.28B | 5.62B |
| Selling, General & Admin | 1.16B | 1.13B | 1.03B | 969.51M | 986.33M | 862.58M |
| Research & Development | 1.57B | 1.53B | 1.36B | 1.28B | 1.30B | 1.11B |
| Operating Expenses | 2.73B | 2.66B | 2.39B | 2.25B | 2.28B | 1.97B |
| Operating Income | 6.19B | 5.66B | 5.01B | 3.64B | 3.99B | 3.65B |
| Interest Expense | -281.29M | -284.44M | -302.17M | -311.25M | -296.94M | -160.34M |
| Interest & Investment Income | 177.06M | 177.06M | 180.28M | 160.69M | 74.09M | 8.70M |
| Currency Exchange Gain (Loss) | 3.87M | 16.25M | -2.96M | 7.27M | -233.00K | -3.92M |
| Other Non Operating Income (Expenses) | 38.62M | 35.70M | -5.88M | -12.78M | 31.84M | -6.50M |
| EBT Excluding Unusual Items | 6.12B | 5.61B | 4.88B | 3.48B | 3.80B | 3.49B |
| Merger & Restructuring Charges | -70.50M | |||||
| Impairment of Goodwill | -230.40M | -192.60M | ||||
| Gain (Loss) on Sale of Investments | -3.00M | 587.00K | 59.00K | -103.00K | -986.00K | -306.00K |
| Asset Writedown | -8.70M | -26.37M | ||||
| Other Unusual Items | -13.29M | |||||
| Pretax Income | 6.12B | 5.61B | 4.64B | 3.19B | 3.79B | 3.49B |
| Income Tax Expense | 862.21M | 775.15M | 582.80M | 428.14M | 401.84M | 167.18M |
| Earnings From Continuing Operations | 5.26B | 4.83B | 4.06B | 2.76B | 3.39B | 3.32B |
| Minority Interest in Earnings | -74.00K | -253.00K | ||||
| Net Income | 5.26B | 4.83B | 4.06B | 2.76B | 3.39B | 3.32B |
| Net Income to Common | 5.26B | 4.83B | 4.06B | 2.76B | 3.39B | 3.32B |
| Shares Outstanding (Basic) | 1.31B | 1.31B | 1.33B | 1.35B | 1.39B | 1.50B |
| Shares Outstanding (Diluted) | 1.32B | 1.32B | 1.34B | 1.36B | 1.40B | 1.52B |
| EPS (Basic) | 4.02 | 3.68 | 3.05 | 2.04 | 2.43 | 2.21 |
| EPS (Diluted) | 3.99 | 3.66 | 3.04 | 2.03 | 2.42 | 2.19 |
| Free Cash Flow | 4.04B | 3.77B | 3.75B | 3.03B | 3.33B | 3.01B |
| Free Cash Flow Per Share | 3.07 | 2.85 | 2.80 | 2.23 | 2.37 | 1.98 |
| Dividend Per Share | 0.84 | 0.80 | 0.68 | 0.56 | 0.52 | 0.42 |
| Gross Margin | 61.47% | 61.30% | 60.91% | 59.97% | 59.81% | 61.00% |
| Operating Margin | 42.64% | 41.69% | 41.25% | 37.05% | 38.06% | 39.64% |
| Profit Margin | 36.25% | 35.57% | 33.41% | 28.15% | 32.27% | 36.06% |
| Free Cash Flow Margin | 27.83% | 27.74% | 30.82% | 30.89% | 31.71% | 32.62% |
| EBITDA | 6.58B | 6.05B | 5.41B | 4.04B | 4.41B | 4.01B |
| EBITDA Margin | 45.36% | 44.59% | 44.49% | 41.15% | 42.01% | 43.59% |
| D&A For EBITDA | 394.39M | 393.98M | 394.09M | 401.73M | 415.11M | 363.34M |
| EBIT | 6.19B | 5.66B | 5.01B | 3.64B | 3.99B | 3.65B |
| EBIT Margin | 42.64% | 41.69% | 41.25% | 37.05% | 38.06% | 39.64% |
| Effective Tax Rate | 14.09% | 13.83% | 12.55% | 13.42% | 10.61% | 4.79% |
| Revenue as Reported | 14.51B | 13.58B | 12.16B | 9.81B | 10.50B | 9.21B |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.53B | 1.65B | 2.08B | 1.98B | 1.93B | 1.58B |
| Short-Term Investments | 3.21B | 3.25B | 2.42B | 2.53B | 1.32B | 1.12B |
| Cash & Short-Term Investments | 4.74B | 4.90B | 4.49B | 4.50B | 3.24B | 2.71B |
| Accounts Receivable | 3.20B | 3.02B | 2.37B | 1.90B | 1.87B | 1.93B |
| Receivables | 3.20B | 3.02B | 2.37B | 1.90B | 1.87B | 1.93B |
| Inventory | 4.09B | 3.65B | 3.21B | 3.03B | 2.88B | 2.15B |
| Prepaid Expenses | 143.97M | 224.51M | 201.05M | 124.97M | 121.20M | 108.94M |
| Other Current Assets | 395.84M | 585.45M | 421.97M | 465.10M | 260.39M | 278.45M |
| Total Current Assets | 12.57B | 12.38B | 10.70B | 10.03B | 8.37B | 7.17B |
| Property, Plant & Equipment | 1.89B | 1.72B | 1.52B | 1.34B | 1.24B | 976.37M |
| Goodwill | 1.79B | 1.79B | 1.79B | 2.02B | 2.28B | 2.32B |
| Other Intangible Assets | 212.60M | 255.84M | 444.79M | 668.76M | 935.30M | 1.19B |
| Long-Term Accounts Receivable | 266.75M | 180.73M | ||||
| Long-Term Deferred Tax Assets | 1.05B | 1.04B | 1.11B | 915.24M | 816.90M | 579.17M |
| Other Long-Term Assets | 621.18M | 591.58M | 503.90M | 460.91M | 428.76M | 358.17M |
| Total Assets | 18.40B | 17.95B | 16.07B | 15.43B | 14.07B | 12.60B |
| Accounts Payable | 740.74M | 623.67M | 458.51M | 359.49M | 371.03M | 443.34M |
| Accrued Expenses | 1.03B | 1.02B | 879.00M | 803.53M | 734.03M | 617.47M |
| Current Portion of Long-Term Debt | 749.94M | |||||
| Current Portion of Leases | 54.01M | 52.94M | 45.19M | 36.39M | 34.04M | 32.22M |
| Current Income Taxes Payable | 142.28M | 84.00M | 167.26M | 146.74M | 383.01M | 126.96M |
| Current Unearned Revenue | 1.97B | 1.97B | 2.00B | 2.13B | 1.84B | 1.28B |
| Other Current Liabilities | 612.57M | 559.89M | 534.62M | 431.02M | 383.41M | 374.37M |
| Total Current Liabilities | 4.56B | 4.30B | 4.09B | 4.66B | 3.74B | 2.87B |
| Long-Term Debt | 5.72B | 5.89B | 5.88B | 5.88B | 5.89B | 6.66B |
| Long-Term Leases | 215.34M | 211.36M | 158.83M | 153.12M | 138.35M | 81.37M |
| Long-Term Unearned Revenue | 244.52M | 241.93M | 355.67M | 394.25M | 333.56M | 329.53M |
| Pension & Post-Retirement Benefits | 43.73M | 43.13M | 51.75M | 51.78M | 63.67M | 78.53M |
| Long-Term Deferred Tax Liabilities | 452.54M | 473.65M | 446.94M | 486.69M | 529.29M | 658.94M |
| Other Long-Term Liabilities | 646.82M | 439.31M | 392.23M | 438.43M | 454.16M | 517.83M |
| Total Liabilities | 11.88B | 11.60B | 11.38B | 12.07B | 11.15B | 11.20B |
| Common Stock | 2.59B | 1.31M | 1.32M | 134.00K | 137.00K | 142.00K |
| Additional Paid-In Capital | 2.70B | 2.51B | 2.28B | 2.11B | 1.06B | |
| Retained Earnings | 4.00B | 3.68B | 2.18B | 1.14B | 848.43M | 366.88M |
| Comprehensive Income & Other | -59.41M | -34.45M | 1.20M | -49.08M | -36.34M | -27.47M |
| Total Common Equity | 6.52B | 6.35B | 4.69B | 3.37B | 2.92B | 1.40B |
| Minority Interest | -2.26M | |||||
| Shareholders' Equity | 6.52B | 6.35B | 4.69B | 3.37B | 2.92B | 1.40B |
| Total Liabilities & Equity | 18.40B | 17.95B | 16.07B | 15.43B | 14.07B | 12.60B |
| Total Debt | 5.99B | 6.15B | 6.09B | 6.82B | 6.06B | 6.77B |
| Net Cash (Debt) | -1.25B | -1.25B | -1.59B | -2.32B | -2.82B | -4.07B |
| Net Cash Per Share | -0.95 | -0.95 | -1.19 | -1.70 | -2.01 | -2.68 |
| Filing Date Shares Outstanding | 1.30B | 1.31B | 1.32B | 1.34B | 1.37B | 1.42B |
| Total Common Shares Outstanding | 1.30B | 1.31B | 1.32B | 1.34B | 1.37B | 1.42B |
| Working Capital | 8.02B | 8.08B | 6.61B | 5.37B | 4.63B | 4.30B |
| Book Value Per Share | 5.01 | 4.86 | 3.55 | 2.51 | 2.14 | 0.99 |
| Tangible Book Value | 4.52B | 4.31B | 2.46B | 683.84M | -294.37M | -2.11B |
| Tangible Book Value Per Share | 3.47 | 3.29 | 1.86 | 0.51 | -0.22 | -1.49 |
| Land | 202.53M | 86.65M | 86.68M | 78.26M | 72.29M | 67.85M |
| Buildings | 1.33B | 1.25B | 1.13B | 919.92M | 825.98M | 712.75M |
| Machinery | 1.57B | 1.50B | 1.31B | 1.18B | 1.07B | 864.15M |
| Construction In Progress | 181.06M | 224.43M | 207.81M | 215.01M | 168.82M | 110.08M |
| Order Backlog | 12.57B | 7.86B |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 5.26B | 4.83B | 4.06B | 2.76B | 3.39B | 3.32B |
| Depreciation & Amortization | 394.39M | 393.98M | 394.09M | 401.73M | 415.11M | 363.34M |
| Loss (Gain) From Sale of Assets | -683.00K | -683.00K | -161.00K | -29.69M | ||
| Asset Writedown & Restructuring Costs | 239.10M | 300.78M | 9.90M | 5.96M | ||
| Stock-Based Compensation | 324.06M | 310.17M | 265.01M | 212.69M | 171.42M | 126.92M |
| Other Operating Activities | 49.09M | 84.52M | -231.60M | -167.35M | -294.34M | -199.92M |
| Change in Accounts Receivable | -808.45M | -641.82M | -367.90M | -80.89M | -48.53M | -510.33M |
| Change in Inventory | -804.06M | -465.96M | -155.17M | -164.09M | -749.05M | -567.00M |
| Change in Accounts Payable | 312.70M | 172.36M | 33.79M | 24.98M | -144.66M | 101.63M |
| Change in Unearned Revenue | -2.89M | 61.45M | -68.57M | 537.24M | 238.97M | 343.09M |
| Change in Other Net Operating Assets | -210.06M | -601.70M | -88.33M | -518.41M | 713.38M | 327.20M |
| Operating Cash Flow | 4.51B | 4.14B | 4.08B | 3.31B | 3.67B | 3.31B |
| Capital Expenditures | -474.81M | -375.94M | -335.26M | -277.38M | -341.59M | -307.32M |
| Sale of Property, Plant & Equipment | 27.66M | |||||
| Cash Acquisitions | -3.68M | -27.14M | -479.11M | |||
| Divestitures | 75.36M | |||||
| Investment in Securities | -501.37M | -833.38M | 130.32M | -1.20B | -189.19M | -117.68M |
| Other Investing Activities | 18.13M | 19.23M | 2.46M | 6.51M | ||
| Investing Cash Flow | -958.04M | -1.19B | -202.48M | -1.48B | -482.57M | -876.46M |
| Long-Term Debt Issued | 735.04M | 300.00M | 3.84B | |||
| Long-Term Debt Repaid | -1.60M | -750.00M | -1.09B | -620.00M | ||
| Net Debt Issued (Repaid) | -1.60M | -1.60M | -750.00M | 735.04M | -787.25M | 3.22B |
| Issuance of Common Stock | 168.57M | 168.57M | 151.51M | 144.93M | 124.85M | 113.01M |
| Repurchase of Common Stock | -3.04B | -2.49B | -2.28B | -1.88B | -1.41B | -4.05B |
| Common Dividends Paid | -1.11B | -1.06B | -904.59M | -773.04M | -732.56M | -638.53M |
| Other Financing Activities | 1.60M | -4.18M | -28.66M | -901.72M | ||
| Financing Cash Flow | -3.98B | -3.39B | -3.79B | -1.78B | -2.83B | -2.26B |
| Foreign Exchange Rate Adjustments | 14.77M | 3.56M | 8.04M | -6.31M | -13.99M | -28.94M |
| Net Cash Flow | -414.26M | -429.07M | 101.78M | 49.26M | 342.96M | 150.30M |
| Free Cash Flow | 4.04B | 3.77B | 3.75B | 3.03B | 3.33B | 3.01B |
| Free Cash Flow Margin | 27.83% | 27.74% | 30.82% | 30.89% | 31.71% | 32.62% |
| Free Cash Flow Per Share | 3.07 | 2.85 | 2.80 | 2.23 | 2.37 | 1.98 |
| Levered Free Cash Flow | 2.82B | 2.62B | 2.76B | 2.18B | 2.76B | 1.89B |
| Unlevered Free Cash Flow | 2.99B | 2.80B | 2.95B | 2.38B | 2.94B | 1.99B |
| Cash Interest Paid | 282.29M | 282.50M | 292.77M | 276.60M | 223.96M | 154.67M |
| Cash Income Tax Paid | 723.64M | 781.41M | 886.94M | 830.84M | 495.10M | 464.53M |
| Change in Working Capital | -1.51B | -1.48B | -646.17M | -201.18M | 10.11M | -305.41M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 205.75B | 394.12B | 118.45B | 111.01B | 66.54B | 47.62B |
| Enterprise Value | 207.00B | 395.30B | 120.51B | 113.54B | 69.72B | 48.83B |
| Last Close Price | 157.91 | 301.37 | 88.90 | 81.08 | 47.23 | 30.66 |
| PE Ratio | 39.58 | 81.58 | 29.16 | 40.19 | 19.64 | 14.34 |
| Forward PE | 25.43 | 63.32 | 27.35 | 30.50 | 24.99 | 13.43 |
| PS Ratio | 14.18 | 29.02 | 9.74 | 11.31 | 6.34 | 5.17 |
| PB Ratio | 31.55 | 62.07 | 25.24 | 32.96 | 22.79 | 34.03 |
| P/TBV Ratio | 45.51 | 91.54 | 48.24 | 162.34 | ||
| P/FCF Ratio | 50.96 | 104.62 | 31.62 | 36.62 | 19.99 | 15.84 |
| P/OCF Ratio | 45.60 | 95.13 | 29.02 | 33.55 | 18.13 | 14.37 |
| PEG Ratio | 1.23 | 3.54 | 1.73 | 2.58 | 3.46 | 0.88 |
| EV/Sales Ratio | 14.27 | 29.11 | 9.91 | 11.57 | 6.64 | 5.30 |
| EV/EBITDA Ratio | 31.46 | 65.29 | 22.28 | 28.12 | 15.81 | 12.16 |
| EV/EBIT Ratio | 33.47 | 69.83 | 24.04 | 31.23 | 17.45 | 13.37 |
| EV/FCF Ratio | 51.27 | 104.94 | 32.17 | 37.46 | 20.95 | 16.25 |
| Debt / Equity Ratio | 0.92 | 0.97 | 1.30 | 2.02 | 2.08 | 4.84 |
| Debt / EBITDA Ratio | 0.90 | 1.01 | 1.12 | 1.67 | 1.36 | 1.67 |
| Debt / FCF Ratio | 1.48 | 1.63 | 1.62 | 2.25 | 1.82 | 2.25 |
| Net Debt / Equity Ratio | 0.19 | 0.20 | 0.34 | 0.69 | 0.97 | 2.91 |
| Net Debt / EBITDA Ratio | 0.19 | 0.21 | 0.29 | 0.57 | 0.64 | 1.01 |
| Net Debt / FCF Ratio | 0.31 | 0.33 | 0.42 | 0.76 | 0.85 | 1.35 |
| Asset Turnover | 0.84 | 0.80 | 0.77 | 0.67 | 0.79 | 0.81 |
| Inventory Turnover | 1.51 | 1.53 | 1.52 | 1.33 | 1.68 | 1.93 |
| Quick Ratio | 1.74 | 1.84 | 1.68 | 1.38 | 1.37 | 1.61 |
| Current Ratio | 2.76 | 2.88 | 2.62 | 2.15 | 2.24 | 2.50 |
| Return on Equity (ROE) | 91.38% | 87.50% | 100.77% | 87.84% | 156.86% | 139.15% |
| Return on Assets (ROA) | 22.27% | 20.80% | 19.90% | 15.40% | 18.72% | 19.96% |
| Return on Invested Capital (ROIC) | 69.13% | 70.26% | 73.27% | 55.11% | 63.74% | 70.29% |
| Return on Capital Employed (ROCE) | 44.70% | 41.50% | 41.80% | 33.70% | 38.70% | 37.50% |
| Earnings Yield | 2.53% | 1.23% | 3.43% | 2.49% | 5.09% | 6.98% |
| FCF Yield | 1.96% | 0.96% | 3.16% | 2.73% | 5.00% | 6.31% |
| Dividend Yield | 0.58% | 0.27% | 0.75% | 0.68% | 1.07% | 1.25% |
| Payout Ratio | 21.06% | 21.90% | 22.27% | 27.99% | 21.63% | 19.22% |
| Buyback Yield / Dilution | 1.12% | 1.34% | 1.79% | 2.89% | 7.47% | 2.50% |
| Total Shareholder Return | 1.70% | 1.60% | 2.54% | 3.57% | 8.54% | 3.75% |