What is KLA Corporation's earnings per share (EPS)?

KLA Corporation (KLAC) reported diluted earnings per share of $3.66 for fiscal year 2026. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

KLA Corporation (KLAC) Financials

KLAC NASDAQ

FY2026 annual

Revenue $13.6B +11.7% YoY

Net Income $4.8B +18.9% YoY

EPS (Diluted) $3.66 YoY not available

Free Cash Flow $3.8B +0.5% YoY

Market Cap $194.7B as of Oct 26, 2026

Price / Sales 14.3x on $13.6B revenue, FY2026

Price / Earnings 40.3x on $4.8B net income, FY2026

Price / Book 30.7x on $6.3B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KLAC SEC filings page.

KLA Corporation (KLAC) reported $13.6B in revenue for fiscal year 2026, up 11.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KLAC FY2026 2026-10-25

KLA’s expansion is becoming more profitable, but FY2026 cash conversion weakened as receivables, inventory, and reinvestment outran cash generation.

From FY2024 to FY2026, net income rose 74.9% while operating cash flow rose 25.2%; the widening gap says earnings growth was not translating proportionately into cash. Accounts receivable growth of 57.6% coincided with FCF margin falling 3.2 percentage points, indicating working-capital absorption diluted cash conversion.

Gross margin expansion reached 1.3 percentage points from FY2024 to FY2026, while net margin expanded 7.4 percentage points. That wider spread suggests the profit improvement came not only from gross economics but also from better absorption or control below gross profit.

From FY2024 to FY2026, equity rose 88.5% while liabilities declined 3.8%, shifting financing toward equity. Debt-to-equity fell from 1.7x to 0.9x even as capital expenditures rose, indicating expansion coincided with deleveraging.

Financial Health Signals

Financial Health Score 82/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of KLA Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

KLA Corporation's revenue grew 11.7% year-over-year to $13.6B, a solid pace of expansion. This earns a growth score of 79/100.

Leverage

KLA Corporation has a moderate D/E ratio of 0.93. This balance of debt and equity financing earns a leverage score of 48/100.

Liquidity

With a current ratio of 2.88, KLA Corporation holds $2.88 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.

Cash Flow

KLA Corporation converts 27.7% of revenue into free cash flow ($3.8B). This strong cash generation earns a score of 94/100.

Returns

KLA Corporation earns a strong 76.1% return on equity (ROE), meaning it generates $76 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 97/100. This is down from 86.6% the prior year.

Piotroski F-Score Neutral

6/9

KLA Corporation passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.

Earnings Quality Mixed

0.86x

For every $1 of reported earnings, KLA Corporation generates $0.86 in operating cash flow ($4.1B OCF vs $4.8B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.7B

YoY+15.2%

QoQ+7.1%

5Y CAGR+13.7%

10Y CAGR+14.8%

KLA Corporation generated $3.7B in revenue in Q4 2026. This represents an increase of 15.2% from the same quarter a year earlier. Against the prior quarter it is up 7.1%.

Net Income

$1.4B

YoY+13.3%

QoQ+13.5%

5Y CAGR+16.6%

10Y CAGR+17.5%

KLA Corporation reported $1.4B in net income in Q4 2026. This represents an increase of 13.3% from the same quarter a year earlier. Against the prior quarter it is up 13.5%.

EBITDA

Not reported for Q4 2026.

EPS (Diluted)

Not reported for Q4 2026.

Cash & Balance Sheet

Free Cash Flow

$817.1M

YoY-23.2%

QoQ+31.3%

5Y CAGR+14.8%

10Y CAGR+9.0%

KLA Corporation generated $817.1M in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 23.2% from the same quarter a year earlier. Against the prior quarter it is up 31.3%.

Cash & Debt

$1.6B

YoY-20.6%

QoQ-7.7%

5Y CAGR+2.8%

10Y CAGR+4.1%

KLA Corporation held $1.6B in cash against $5.9B in long-term debt as of Q4 2026.

Shares Outstanding

1.31B

KLA Corporation had 1.31B shares outstanding in Q4 2026.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin

61.4%

YoY-0.6pp

QoQ+0.2pp

5Y change+1.5pp

10Y change-1.9pp

KLA Corporation's gross margin was 61.4% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Net Margin

37.3%

YoY-0.6pp

QoQ+2.1pp

5Y change+4.4pp

10Y change+7.7pp

KLA Corporation's net profit margin was 37.3% in Q4 2026, showing the share of revenue converted to profit. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.

Return on Equity

21.5%

YoY-4.2pp

QoQ+0.9pp

5Y change+2.7pp

10Y change-17.9pp

KLA Corporation's quarterly ROE was 21.5% in Q4 2026: one quarter's net income over shareholder equity, not annualized. This is down 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.

Operating Margin

Not reported for Q4 2026.

Capital Allocation

R&D Spending

$399.0M

YoY+13.0%

QoQ+2.6%

KLA Corporation invested $399.0M in research and development in Q4 2026. This represents an increase of 13.0% from the same quarter a year earlier. Against the prior quarter it is up 2.6%.

Share Buybacks

$571.0M

YoY+34.1%

QoQ-8.8%

5Y CAGR+13.8%

10Y CAGRn/m

KLA Corporation spent $571.0M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 34.1% from the same quarter a year earlier. Against the prior quarter it is down 8.8%.

Capital Expenditures

$89.3M

YoY-11.1%

QoQ+4.8%

5Y CAGR+10.0%

10Y CAGR+28.1%

KLA Corporation invested $89.3M in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 4.8%.

KLAC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KLAC quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$13.6B+11.7%	$12.2B+23.9%	$9.8B-6.5%	$10.5B+13.9%	$9.2B+33.1%	$6.9B+19.2%	$5.8B+27.1%	$4.6B+13.2%	$4.0B+16.0%	$3.5B+16.6%	$3.0B+6.1%	$2.8B-3.9%	$2.9B+3.0%	$2.8B-10.4%	$3.2B
Cost of Revenue	$5.3B+10.6%	$4.8B+21.0%	$3.9B-6.9%	$4.2B+17.4%	$3.6B+29.6%	$2.8B+13.2%	$2.4B+31.0%	$1.9B+29.3%	$1.4B+12.4%	$1.3B+10.6%	$1.2B-4.3%	$1.2B-1.4%	$1.2B-0.4%	$1.2B-7.0%	$1.3B
Gross Profit	$8.3B+12.4%	$7.4B+25.8%	$5.9B-6.3%	$6.3B+11.7%	$5.6B+35.5%	$4.1B+23.5%	$3.4B+24.4%	$2.7B+4.2%	$2.6B+18.1%	$2.2B+20.5%	$1.8B+13.9%	$1.6B-5.8%	$1.7B+5.7%	$1.6B-12.8%	$1.8B
R&D Expenses	$1.5B+12.6%	$1.4B+6.4%	$1.3B-1.4%	$1.3B+17.3%	$1.1B+19.0%	$928.5M+7.5%	$863.9M+21.5%	$711.0M+16.8%	$608.5M+15.5%	$526.7M+9.4%	$481.3M-9.3%	$530.6M-1.6%	$539.5M+10.6%	$487.8M+7.7%	$452.9M
SG&A Expenses	$1.1B+9.9%	$1.0B+6.2%	$969.5M-1.7%	$986.3M+14.7%	$860.0M+17.9%	$729.6M-0.6%	$734.1M+22.5%	$599.1M+35.5%	$442.3M+13.9%	$388.2M+2.3%	$379.4M-6.8%	$406.9M+5.7%	$384.9M-0.7%	$387.8M+4.1%	$372.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$772.1M+5.8%	$729.7M-28.2%	$1.0B
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$855.1M+4.6%	$817.2M-26.3%	$1.1B
Interest Expense	$284.4M-5.9%	$302.2M-2.9%	$311.3M+4.8%	$296.9M+85.2%	$160.3M+1.9%	$157.3M-1.8%	$160.3M+28.6%	$124.6M+8.9%	$114.4M-6.6%	$122.5M-0.3%	$122.9M+15.9%	$106.0M+97.0%	$53.8M-0.7%	$54.2M0.0%	$54.2M
Income Tax	$775.2M+33.0%	$582.8M+36.1%	$428.1M+6.5%	$401.8M+140.4%	$167.2M-40.9%	$283.1M+178.4%	$101.7M-16.1%	$121.2M-81.5%	$653.7M+164.5%	$247.2M+60.7%	$153.8M+126.2%	$68.0M-55.2%	$151.7M+2.9%	$147.5M-32.4%	$218.1M
Net Income	$4.8B+18.9%	$4.1B+47.1%	$2.8B-18.5%	$3.4B+2.0%	$3.3B+59.8%	$2.1B+70.8%	$1.2B+3.5%	$1.2B+46.5%	$802.3M-13.4%	$926.1M+31.5%	$704.4M+92.4%	$366.2M-37.2%	$582.8M+7.3%	$543.1M-28.2%	$756.0M
EPS (Basic)	$3.68	$3.05+49.5%	$2.04	$24.28+10.0%	$22.07+63.6%	$13.49+73.8%	$7.76+3.1%	$7.53+46.8%	$5.13-13.3%	$5.92+31.0%	$4.52+100.0%	$2.26-35.6%	$3.51+7.3%	$3.27-27.8%	$4.53
EPS (Diluted)	$3.66	$3.04+49.8%	$2.03	$24.15+10.2%	$21.92+63.9%	$13.37+73.6%	$7.70+2.8%	$7.49+46.9%	$5.10-13.3%	$5.88+31.0%	$4.49+100.4%	$2.24-35.4%	$3.47+8.1%	$3.21-27.7%	$4.44
Diluted Shares (Avg)	1.32B	1.34B-1.8%	1.36B	140M-7.5%	152M-2.5%	155M-1.6%	158M+0.7%	157M-0.3%	157M-0.1%	157M+0.4%	157M-4.2%	164M-2.6%	168M-0.7%	169M-0.5%	170M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$3.7B+15.2%	$3.4B+11.5%	$3.3B+7.2%	$3.2B+13.0%	$3.2B+23.6%	$3.1B+29.8%	$3.1B+23.7%	$2.8B+18.5%
Cost of Revenue	$1.4B+17.0%	$1.3B+12.9%	$1.3B+4.1%	$1.2B+8.3%	$1.2B+19.5%	$1.2B+18.3%	$1.2B+25.1%	$1.1B+21.2%
Gross Profit	$2.2B+14.1%	$2.1B+10.6%	$2.0B+9.2%	$2.0B+16.1%	$2.0B+26.3%	$1.9B+38.2%	$1.9B+22.9%	$1.7B+16.8%
R&D Expenses	$399.0M+13.0%	$388.8M+15.0%	$383.9M+10.9%	$360.5M+11.5%	$353.0M+8.4%	$338.0M+5.1%	$346.2M+8.0%	$323.1M+3.8%
SG&A Expenses	$291.5M+11.0%	$291.1M+17.0%	$279.9M+4.8%	$269.0M+7.1%	$262.7M+3.0%	$248.9M+4.8%	$267.1M+12.6%	$251.0M+4.8%
Interest Expense	$73.3M+0.2%	$70.4M-2.0%	$69.7M-7.1%	$71.1M-13.5%	$73.1M-11.7%	$71.9M-10.1%	$75.0M+1.0%	$82.2M+10.7%
Income Tax	$186.3M+47.9%	$215.8M+22.6%	$184.6M+24.7%	$188.4M+41.9%	$126.0M+16.0%	$176.0M+75.2%	$148.0M+36.1%	$132.8M+20.4%
Net Income	$1.4B+13.3%	$1.2B+10.3%	$1.1B+39.0%	$1.1B+18.5%	$1.2B+43.8%	$1.1B+80.9%	$824.5M+41.5%	$945.9M+27.6%
EPS (Basic)	N/A	$9.17+11.7%	$8.73+41.3%	$8.51+20.7%	$9.09+46.4%	$8.21+84.1%	$6.18+43.7%	$7.05+29.8%
EPS (Diluted)	N/A	$9.12+11.8%	$8.68+40.9%	$8.47+20.8%	$9.05+46.7%	$8.16+84.2%	$6.16+43.9%	$7.01+29.6%
Diluted Shares (Avg)	N/A	132M-1.2%	132M-1.4%	132M-1.8%	N/A	133M-1.9%	134M-1.7%	135M-1.6%

Not reported in any period shown, so not listed: Operating Income, EBITDA.

KLAC Balance Sheet

KLAC quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$18.0B+11.7%	$16.1B+4.1%	$15.4B+9.7%	$14.1B+11.7%	$12.6B+22.6%	$10.3B+10.7%	$9.3B+3.0%	$9.0B+59.8%	$5.6B+1.9%	$5.5B+11.5%	$5.0B+2.8%	$4.8B-12.8%	$5.5B+4.7%	$5.3B+3.7%	$5.1B
Current Assets	$12.4B+15.7%	$10.7B+6.7%	$10.0B+19.8%	$8.4B+16.8%	$7.2B+25.9%	$5.7B+20.6%	$4.7B+9.5%	$4.3B-5.1%	$4.5B+3.6%	$4.4B+13.5%	$3.9B-0.9%	$3.9B-14.9%	$4.6B+5.4%	$4.4B+4.5%	$4.2B
Cash & Equivalents	$1.6B-20.6%	$2.1B+5.1%	$2.0B+2.6%	$1.9B+21.6%	$1.6B+10.5%	$1.4B+16.2%	$1.2B+21.5%	$1.0B-27.7%	$1.4B+21.8%	$1.2B+4.0%	$1.1B+32.3%	$838.0M+32.8%	$630.9M-36.0%	$985.4M+31.2%	$751.3M
Short-Term Investments	$0n/m	$0n/m	$0	N/A	N/A	N/A	$746.1M+3.1%	$723.4M-51.0%	$1.5B-20.8%	$1.9B+34.8%	$1.4B-10.7%	$1.5B-38.6%	$2.5B+30.4%	$1.9B+8.4%	$1.8B
Inventory	$3.6B+13.6%	$3.2B+5.8%	$3.0B+5.5%	$2.9B+34.0%	$2.1B+36.3%	$1.6B+20.2%	$1.3B+3.8%	$1.3B+35.5%	$931.8M+27.1%	$733.0M+4.9%	$698.6M+13.1%	$617.9M-5.9%	$656.5M+3.5%	$634.4M-2.5%	$650.8M
Accounts Receivable	$2.9B+27.6%	$2.3B+23.5%	$1.8B+4.5%	$1.8B-3.2%	$1.8B+38.8%	$1.3B+17.9%	$1.1B+11.8%	$990.1M+51.9%	$651.7M+14.1%	$571.1M-6.9%	$613.2M+4.7%	$585.5M+18.8%	$492.9M-6.1%	$524.6M-25.2%	$701.3M
Long-Term Investments	$0n/m	$0n/m	$0	N/A	N/A	N/A	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$1.8B-0.2%	$1.8B-11.1%	$2.0B-11.5%	$2.3B-1.8%	$2.3B+15.4%	$2.0B-1.7%	$2.0B-7.5%	$2.2B+523.6%	$354.7M+1.5%	$349.5M+4.3%	$335.2M0.0%	$335.3M0.0%	$335.4M+2.7%	$326.6M-0.3%	$327.7M
Total Liabilities	$11.6B+2.0%	$11.4B-5.7%	$12.1B+8.2%	$11.2B-0.4%	$11.2B+62.4%	$6.9B+4.5%	$6.6B+4.2%	$6.3B+57.6%	$4.0B-4.5%	$4.2B-1.6%	$4.3B-3.0%	$4.4B+136.0%	$1.9B+3.4%	$1.8B+1.1%	$1.8B
Current Liabilities	$4.3B+5.4%	$4.1B-12.3%	$4.7B+24.5%	$3.7B+30.4%	$2.9B+36.5%	$2.1B+23.7%	$1.7B-3.9%	$1.8B+45.6%	$1.2B-6.1%	$1.3B+29.0%	$1.0B+0.1%	$1.0B+11.9%	$895.6M+4.0%	$861.5M-0.2%	$862.9M
Non-Current Liabilities	$7.3B+0.1%	$7.3B-1.6%	$7.4B-0.1%	$7.4B-11.0%	$8.3B+73.8%	$4.8B-2.2%	$4.9B+7.4%	$4.6B+62.7%	$2.8B-3.7%	$2.9B-11.0%	$3.3B-3.9%	$3.4B+250.5%	$970.9M+2.9%	$943.7M+2.4%	$921.8M
Long-Term Debt	$5.9B+0.1%	$5.9B+0.1%	$5.9B-0.2%	$5.9B-11.6%	$6.7B+94.6%	$3.4B-1.4%	$3.5B+9.3%	$3.2B+41.8%	$2.2B-16.5%	$2.7B-12.3%	$3.1B-3.6%	$3.2B+325.9%	$745.1M	N/A	N/A
Total Equity	$6.3B+35.3%	$4.7B+39.3%	$3.4B+15.4%	$2.9B+108.4%	$1.4B-58.5%	$3.4B+26.7%	$2.7B+0.2%	$2.7B+64.1%	$1.6B+22.2%	$1.3B+92.5%	$689.1M+63.5%	$421.4M-88.5%	$3.7B+5.4%	$3.5B+5.0%	$3.3B
Retained Earnings	$3.7B+69.0%	$2.2B+91.6%	$1.1B+34.0%	$848.4M+131.3%	$366.9M-71.3%	$1.3B+95.0%	$654.9M-8.4%	$714.8M-32.3%	$1.1B+24.5%	$848.5M+197.9%	$284.8Mn/m	-$12.4M-100.5%	$2.5B+5.1%	$2.4B+5.0%	$2.2B

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$18.0B+11.7%	$16.9B+11.1%	$16.7B+11.5%	$16.3B+4.1%	$16.1B+4.1%	$15.2B+1.5%	$15.0B+5.1%	$15.7B+10.9%
Current Assets	$12.4B+15.7%	$11.4B+14.1%	$11.3B+15.3%	$10.9B+6.6%	$10.7B+6.7%	$9.9B+4.4%	$9.8B+11.7%	$10.2B+21.3%
Cash & Equivalents	$1.6B-20.6%	$1.8B-3.8%	$2.5B+33.4%	$1.9B-1.6%	$2.1B+5.1%	$1.9B+0.5%	$1.8B+10.4%	$2.0B+15.5%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0	$0
Inventory	$3.6B+13.6%	$3.4B+8.9%	$3.3B+7.8%	$3.3B+6.0%	$3.2B+5.8%	$3.2B+4.9%	$3.0B+0.3%	$3.1B+3.4%
Accounts Receivable	$2.9B+27.6%	$2.3B+6.7%	$2.1B-11.2%	$2.3B+16.6%	$2.3B+23.5%	$2.2B+32.9%	$2.3B+26.6%	$2.0B+19.8%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0	$0
Goodwill	$1.8B-0.2%	$1.8B+0.1%	$1.8B+0.3%	$1.8B-11.1%	$1.8B-11.1%	$1.8B-11.3%	$1.8B-14.4%	$2.0B-11.5%
Total Liabilities	$11.6B+2.0%	$11.0B-1.3%	$11.3B-1.4%	$11.3B-6.5%	$11.4B-5.7%	$11.2B-5.7%	$11.4B+1.6%	$12.1B+8.8%
Current Liabilities	$4.3B+5.4%	$3.8B-4.1%	$4.0B-3.8%	$4.0B-15.6%	$4.1B-12.3%	$3.9B-12.3%	$4.1B-9.5%	$4.8B+25.7%
Non-Current Liabilities	$7.3B+0.1%	$7.3B+0.2%	$7.3B-0.1%	$7.3B-0.6%	$7.3B-1.6%	$7.3B-1.8%	$7.3B+9.2%	$7.3B-0.1%
Long-Term Debt	$5.9B+0.1%	$5.9B+0.1%	$5.9B+0.1%	$5.9B+0.1%	$5.9B+0.1%	$5.9B+0.1%	$5.9B+14.4%	$5.9B-0.2%
Total Equity	$6.3B+35.3%	$5.8B+45.6%	$5.5B+52.5%	$5.0B+40.0%	$4.7B+39.3%	$4.0B+29.4%	$3.6B+17.8%	$3.6B+19.0%
Retained Earnings	$3.7B+69.0%	$3.2B+93.6%	$2.9B+122.7%	$2.5B+87.9%	$2.2B+91.6%	$1.6B+71.7%	$1.3B+39.4%	$1.3B+37.5%

KLAC Cash Flow Statement

KLAC quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$4.1B+1.5%	$4.1B+23.4%	$3.3B-9.8%	$3.7B+10.8%	$3.3B+51.6%	$2.2B+22.8%	$1.8B+54.3%	$1.2B-6.2%	$1.2B+13.8%	$1.1B+42.1%	$759.7M+25.4%	$605.9M-22.2%	$778.9M-14.7%	$913.2M-3.0%	$941.6M
Depreciation & Amortization	$394.0M0.0%	$394.1M-1.9%	$401.7M-3.2%	$415.1M+14.2%	$363.3M+9.0%	$333.3M-4.2%	$348.0M+49.2%	$233.2M+272.1%	$62.7M+8.4%	$57.8M-13.6%	$66.9M-16.9%	$80.5M-3.1%	$83.1M-5.1%	$87.5M-5.0%	$92.1M
Stock-Based Compensation	$310.2M+17.0%	$265.0M+24.6%	$212.7M+24.1%	$171.4M+35.1%	$126.9M+13.5%	$111.8M+0.4%	$111.4M+18.2%	$94.2M+50.0%	$62.8M+23.2%	$50.9M+13.1%	$45.0M-18.5%	$55.3M-9.3%	$60.9M-13.0%	$70.1M-11.1%	$78.8M
Capital Expenditures	$375.9M+12.1%	$335.3M+20.9%	$277.4M-18.8%	$341.6M+11.2%	$307.3M+32.7%	$231.6M+51.7%	$152.7M+17.0%	$130.5M+94.9%	$66.9M+73.5%	$38.6M+21.6%	$31.7M-30.7%	$45.8M-32.2%	$67.5M-9.5%	$74.6M+29.5%	$57.6M
Free Cash Flow	$3.8B+0.5%	$3.7B+23.6%	$3.0B-8.9%	$3.3B+10.7%	$3.0B+53.9%	$2.0B+20.1%	$1.6B+59.1%	$1.0B-12.0%	$1.2B+11.6%	$1.0B+43.0%	$728.0M+30.0%	$560.1M-21.3%	$711.4M-15.2%	$838.6M-5.1%	$884.0M
Investing Cash Flow	-$1.2Bn/m	-$202.5Mn/m	-$1.5Bn/m	-$482.6Mn/m	-$876.5Mn/m	-$500.4Mn/m	-$258.9Mn/m	-$1.2B-505.0%	$291.6Mn/m	-$560.9M-487.7%	$144.7M-84.2%	$918.2Mn/m	-$676.1Mn/m	-$241.4Mn/m	-$528.9M
Financing Cash Flow	-$3.4Bn/m	-$3.8Bn/m	-$1.8Bn/m	-$2.8Bn/m	-$2.3Bn/m	-$1.5Bn/m	-$1.3Bn/m	-$360.0Mn/m	-$1.3Bn/m	-$472.8Mn/m	-$636.7Mn/m	-$1.3Bn/m	-$458.9Mn/m	-$428.5Mn/m	-$364.1M
Dividends Paid	$1.1B+16.9%	$904.6M+17.0%	$773.0M+5.5%	$732.6M+14.7%	$638.5M+14.1%	$559.4M+7.1%	$522.4M+10.6%	$472.3M+17.5%	$402.1M+16.9%	$344.0M-0.7%	$346.3M-88.6%	$3.0B+917.5%	$298.9M+12.4%	$265.9M+13.8%	$233.6M
Share Buybacks	$2.3B+6.5%	$2.1B+23.9%	$1.7B+32.3%	$1.3B-66.9%	$4.0B+322.7%	$938.6M+13.2%	$829.1M-24.3%	$1.1B+439.1%	$203.2M+712.6%	$25.0M-86.2%	$181.7M-69.9%	$602.9M+150.3%	$240.8M-11.9%	$273.3M+3.6%	$263.9M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$906.4M-22.2%	$707.5M-34.0%	$1.4B+61.0%	$1.2B+16.7%	$1.2B+30.5%	$1.1B+17.8%	$849.5M+36.5%	$995.2M+12.6%
Depreciation & Amortization	$98.6M+2.4%	$99.1M+1.0%	$99.3M-4.5%	$97.0M+1.2%	$96.3M-4.7%	$98.1M-1.2%	$103.9M+4.9%	$95.8M-6.4%
Stock-Based Compensation	N/A	$83.9M+19.6%	$73.9M+19.6%	$70.2M+13.7%	N/A	$70.2M+23.9%	$61.8M+27.2%	$61.7M+26.5%
Capital Expenditures	$89.3M-11.1%	$85.2M+3.7%	$105.6M+14.4%	$95.9M+58.8%	$100.4M+65.3%	$82.1M+14.4%	$92.3M+20.2%	$60.4M-11.2%
Free Cash Flow	$817.1M-23.2%	$622.3M-37.1%	$1.3B+66.7%	$1.1B+14.0%	$1.1B+28.0%	$990.0M+18.1%	$757.2M+38.8%	$934.8M+14.6%
Investing Cash Flow	-$173.1Mn/m	-$494.3Mn/m	-$112.7M-118.4%	-$410.0Mn/m	-$325.3Mn/m	-$319.8Mn/m	$613.7Mn/m	-$171.0Mn/m
Financing Cash Flow	-$877.1Mn/m	-$879.2Mn/m	-$747.6Mn/m	-$881.8Mn/m	-$629.8Mn/m	-$735.2M-629.2%	-$1.6Bn/m	-$837.7Mn/m
Dividends Paid	$305.3M+20.2%	$248.8M+10.2%	$249.7M+10.1%	$254.0M+28.2%	$254.0M+28.6%	$225.8M+14.5%	$226.8M+15.2%	$198.1M+9.1%
Share Buybacks	$571.0M+34.1%	$626.0M+23.5%	$547.8M-15.7%	$545.1M-3.9%	$425.7M-9.5%	$506.7M+36.1%	$650.1M+48.5%	$567.4M+24.6%

KLAC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KLAC quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	61.3%+0.4pp	60.9%+0.9pp	60.0%+0.2pp	59.8%-1.2pp	61.0%+1.1pp	59.9%+2.1pp	57.8%-1.3pp	59.1%-5.1pp	64.2%+1.1pp	63.0%+2.0pp	61.0%+4.2pp	56.8%-1.1pp	57.9%+1.4pp	56.5%-1.6pp	58.1%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	26.4%+0.7pp	25.7%-6.4pp	32.0%
Net Margin	35.6%+2.2pp	33.4%+5.3pp	28.1%-4.1pp	32.3%-3.8pp	36.1%+6.0pp	30.0%+9.1pp	21.0%-4.8pp	25.7%+5.9pp	19.9%-6.7pp	26.6%+3.0pp	23.6%+10.6pp	13.0%-6.9pp	19.9%+0.8pp	19.1%-4.7pp	23.8%
Return on Equity	76.1%-10.5pp	86.6%+4.6pp	82.0%-34.0pp	116.0%-121.0pp	237.0%+175.5pp	61.5%+15.9pp	45.6%+1.4pp	44.2%-5.3pp	49.5%-20.3pp	69.8%-32.4pp	102.2%+15.3pp	86.9%+71.0pp	15.9%+0.3pp	15.6%-7.2pp	22.8%
Return on Assets	26.9%+1.6pp	25.3%+7.4pp	17.9%-6.2pp	24.1%-2.3pp	26.4%+6.1pp	20.2%+7.1pp	13.1%+0.1pp	13.1%-1.2pp	14.2%-2.5pp	16.7%+2.5pp	14.2%+6.6pp	7.6%-2.9pp	10.5%+0.3pp	10.3%-4.5pp	14.8%
Current Ratio	2.88+0.3x	2.62+0.5x	2.15-0.1x	2.24-0.3x	2.50-0.2x	2.71-0.1x	2.78+0.3x	2.44-1.3x	3.75+0.3x	3.40-0.5x	3.860.0x	3.90-1.2x	5.12+0.1x	5.05+0.2x	4.83
Debt-to-Equity	0.93-0.3x	1.25-0.5x	1.75-0.3x	2.02-2.7x	4.75+3.7x	1.01-0.3x	1.30+0.1x	1.19-0.2x	1.38-0.6x	2.02-2.4x	4.44-3.1x	7.53+7.3x	0.20	N/A	N/A
Liabilities-to-Equity	1.83-0.6x	2.42-1.2x	3.58-0.2x	3.82-4.2x	7.99+5.9x	2.04-0.4x	2.48+0.1x	2.38-0.1x	2.48-0.7x	3.17-3.0x	6.20-4.3x	10.45+9.9x	0.510.0x	0.520.0x	0.54
Asset Turnover	0.760.0x	0.76+0.1x	0.64-0.1x	0.750.0x	0.73+0.1x	0.670.0x	0.63+0.1x	0.51-0.2x	0.72+0.1x	0.630.0x	0.600.0x	0.58+0.1x	0.530.0x	0.54-0.1x	0.62
FCF Margin	27.7%-3.1pp	30.8%-0.1pp	30.9%-0.8pp	31.7%-0.9pp	32.6%+4.4pp	28.2%+0.2pp	28.0%+5.6pp	22.4%-6.4pp	28.8%-1.1pp	29.9%+5.5pp	24.4%+4.5pp	19.9%-4.4pp	24.3%-5.2pp	29.5%+1.6pp	27.9%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	61.4%-0.6pp	61.1%-0.5pp	61.5%+1.2pp	61.3%+1.7pp	62.0%+1.3pp	61.6%+3.7pp	60.3%-0.4pp	59.6%-0.9pp
Net Margin	37.3%-0.6pp	35.2%-0.4pp	34.8%+7.9pp	34.9%+1.6pp	37.9%+5.3pp	35.5%+10.0pp	26.8%+3.4pp	33.3%+2.4pp
Return on Equity	21.5%-4.2pp	20.6%-6.6pp	21.0%-2.0pp	22.5%-4.1pp	25.6%+0.8pp	27.2%+7.7pp	23.0%+3.9pp	26.6%+1.8pp
Return on Assets	7.6%+0.1pp	7.1%-0.1pp	6.9%+1.4pp	6.9%+0.8pp	7.5%+2.1pp	7.2%+3.1pp	5.5%+1.4pp	6.0%+0.8pp
Current Ratio	2.88+0.3x	3.03+0.5x	2.83+0.5x	2.69+0.6x	2.62+0.5x	2.54+0.4x	2.36+0.4x	2.13-0.1x
Debt-to-Equity	0.93-0.3x	1.01-0.5x	1.08-0.6x	1.18-0.5x	1.25-0.5x	1.47-0.4x	1.640.0x	1.65-0.3x
Liabilities-to-Equity	1.83-0.6x	1.89-0.9x	2.06-1.1x	2.27-1.1x	2.42-1.2x	2.79-1.0x	3.19-0.5x	3.41-0.3x
Asset Turnover	0.200.0x	0.200.0x	0.200.0x	0.200.0x	0.200.0x	0.200.0x	0.210.0x	0.180.0x
FCF Margin	22.3%-11.2pp	18.2%-14.1pp	38.3%+13.7pp	33.2%+0.3pp	33.5%+1.2pp	32.3%-3.2pp	24.6%+2.7pp	32.9%-1.1pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
KLA Corporation KLAC	FY2026	$13.6B	$4.8B	35.6%	$194.7B	82/100
Applied Materials, Inc. AMAT	FY2025	$28.4B	$7.0B	24.7%	$299.4B	81/100
Lam Research Corp LRCX	FY2026	$23.2B	$7.3B	31.3%	$288.0B	87/100
Teradyne, Inc. TER	FY2025	$3.2B	$554.0M	17.4%	$48.3B	69/100
Entegris Inc ENTG	FY2025	$3.2B	$235.6M	7.4%	$20.6B	50/100
ASML Holding N.V. ASML	FY2025	$38.3B	$11.3B	29.4%	$605.8B	81/100

Where KLA Corporation Ranks

Frequently Asked Questions

What is KLA Corporation's annual revenue?

KLA Corporation (KLAC) reported $13.6B in total revenue for fiscal year 2026. This represents a 11.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is KLA Corporation's revenue growing?

KLA Corporation (KLAC) revenue grew by 11.7% year-over-year, from $12.2B to $13.6B in fiscal year 2026.

Is KLA Corporation profitable?

Yes, KLA Corporation (KLAC) reported a net income of $4.8B in fiscal year 2026, with a net profit margin of 35.6%.

How much debt does KLA Corporation have?

As of fiscal year 2026, KLA Corporation (KLAC) had $1.6B in cash and equivalents against $5.9B in long-term debt.

What is KLA Corporation's gross margin?

KLA Corporation (KLAC) had a gross margin of 61.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is KLA Corporation's net profit margin?

KLA Corporation (KLAC) had a net profit margin of 35.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does KLA Corporation pay dividends?

Yes, KLA Corporation (KLAC) paid $0.80 per share in dividends during fiscal year 2026.

What is KLA Corporation's return on equity (ROE)?

KLA Corporation (KLAC) has a return on equity of 76.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is KLA Corporation's free cash flow?

KLA Corporation (KLAC) generated $3.8B in free cash flow during fiscal year 2026. This represents a 0.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is KLA Corporation's operating cash flow?

KLA Corporation (KLAC) generated $4.1B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are KLA Corporation's total assets?

KLA Corporation (KLAC) had $18.0B in total assets as of fiscal year 2026, including both current and long-term assets.

What are KLA Corporation's capital expenditures?

KLA Corporation (KLAC) invested $375.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does KLA Corporation spend on research and development?

KLA Corporation (KLAC) invested $1.5B in research and development during fiscal year 2026.

Does KLA Corporation buy back shares?

Yes, KLA Corporation (KLAC) spent $2.3B on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does KLA Corporation have outstanding?

KLA Corporation (KLAC) had 1.31B shares outstanding as of fiscal year 2026.

What is KLA Corporation's current ratio?

KLA Corporation (KLAC) had a current ratio of 2.88 as of fiscal year 2026, which is generally considered healthy.

What is KLA Corporation's debt-to-equity ratio?

KLA Corporation (KLAC) had a debt-to-equity ratio of 0.93 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is KLA Corporation's liabilities-to-equity ratio?

KLA Corporation (KLAC) had a liabilities-to-equity ratio of 1.83 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is KLA Corporation's return on assets (ROA)?

KLA Corporation (KLAC) had a return on assets of 26.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is KLA Corporation's P/E ratio?

KLA Corporation (KLAC) trades at 40.3x earnings, its market capitalization divided by $4.8B net income, FY2026. The market capitalization is $194.7B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is KLA Corporation's price-to-sales ratio?

KLA Corporation (KLAC) trades at 14.3x sales, its market capitalization divided by $13.6B revenue, FY2026. The market capitalization is $194.7B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is KLA Corporation's Piotroski F-Score?

KLA Corporation (KLAC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are KLA Corporation's earnings high quality?

KLA Corporation (KLAC) has an earnings quality ratio of 0.86x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is KLA Corporation?

KLA Corporation (KLAC) scores 82 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.