KLA CORPKLAC

KLA CORP Financial Overview 2021–2025

Updated Jul 10, 2026

Despite harsh U.S. export controls dropping its exposure to China from 43% of total revenue to 33%, KLA Corporation powered through with a 24% revenue surge to $12.16 billion in FY2025. This operational resilience cements the company's critical position in the global semiconductor supply chain, proving that surging demand from foundries building AI infrastructure easily outpaces geopolitical headwinds.

Total revenue scaled rapidly from $6.92 billion in FY2021 to $12.16 billion in FY2025. This expansion is underpinned by a highly profitable recurring service model, which saw a 15% revenue increase in FY2025 as the company's installed equipment base widened. KLA delivered a 60.9% gross margin over the same period, squeezing out operational efficiencies even as it navigated supply chain rebalancing and executed a strategic exit from the display business. The cash generated by this structural profitability directly funded aggressive capital returns, highlighted by $2.15 billion in stock repurchases and $904.6 million in dividends during the latest full fiscal year.

The market aggressively rewarded this compounding growth and cash generation. By the close of FY2025, the company commanded a $1.18 trillion market cap, with the stock trading at $895.74 and a staggering 294.9x earnings multiple. This rich premium underscores investor confidence that KLA's metrology and inspection tools remain inescapable bottlenecks for next-generation silicon manufacturing.

Recent Developments (Q2 and Q3 2026)

KLA accelerated shareholder returns in Q3 2026, announcing a 10-for-1 forward stock split alongside a new $7 billion share repurchase authorization and a 21% increase in the quarterly dividend to $2.30 per share. Operational performance mirrored this aggressive capital allocation. Total revenue for the first nine months of fiscal 2026 grew 10% year-over-year to $9.92 billion, fueled by a 16% surge in recurring service revenue. Gross margins remained robust at 61.3%, driving net income up 21% to $3.47 billion for the period.

Bulls argue the expanding installed base guarantees steady, high-margin service revenue alongside strong AI-driven memory demand. Bears warn that the company's valuation, resting at 57.6x earnings as of April 30, 2026, prices in perfection and limits cyclical upside.

What to watch: execution of the new $7 billion buyback program; growth momentum within the Semiconductor Process Control segment.

Rev

$12.16B

+23.9% YoY

FY2025

NI

$4.06B

+47.1% YoY

FY2025

EPS

$3.05

+49.6% YoY

FY2025

OCF

$4.08B

+23.4% YoY

FY2025

Revenue Trend
Beta

Year-over-year comparison from 10-K annual reports

View full history →

Data from SEC Company Facts

All KLAC Financial Metrics(61)

Recent SEC Filings

KLA CORP 8-K Report, Corporate Update (Aug 6, 2026)

KLA Corporation (KLAC) announced on August 6, 2026, that its Board of Directors has declared a quarterly cash dividend. This action demonstrates the company's ongoing commitment to returning value to its shareholders. Investors should note the key dates for this dividend payment to ensure they are eligible to receive it.

KLA CORP 8-K Report, Financial Results (Jul 28, 2026)

KLA Corporation (KLAC) has filed an 8-K report on July 28, 2026, to disclose financial and operating results for its fourth quarter and full fiscal year 2026. The core of this report is a press release, furnished as an exhibit, which contains the key financial data investors will be scrutinizing. While the specifics of the results are not detailed within the 8-K itself, investors should refer to the press release (Exhibit 99.1) for crucial information regarding revenue, profitability, earnings per share, and any forward-looking guidance provided by the company. This filing serves as the official notification of these results to the market. It's important for investors to note that the information furnished in this 8-K, including the press release, is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act, meaning KLA Corp. may not face the same liabilities for inaccuracies as they would for 'filed' information. However, the disclosed results are nonetheless critical for understanding the company's recent performance and future outlook.

KLA CORP 8-K Report, Bylaw Amendment (Jun 12, 2026)

KLA Corporation (KLAC) has officially filed an 8-K report on June 12, 2026, detailing the completion of a ten-for-one forward stock split for its common stock. This corporate action, effective as of June 11, 2026, also involved a proportionate increase in the number of authorized shares from 500 million to 5 billion. This move is primarily a strategic decision to make the stock more accessible to a broader range of investors by lowering the per-share price, potentially increasing liquidity and trading volume.

KLA CORP 8-K Report, Corporate Update (May 7, 2026)

KLA Corporation (KLAC) has announced a significant corporate action: a ten-for-one forward stock split approved by its Board of Directors. This split, effective after market close on June 11, 2026, will increase the number of outstanding shares and proportionally increase authorized shares from 500 million to 5 billion. The record date for the split is June 4, 2026, and trading on a split-adjusted basis will commence on June 12, 2026, under the same ticker symbol 'KLAC'.

KLA CORP 8-K Report, Financial Results (Apr 29, 2026)

KLA Corporation (KLAC) has filed a Form 8-K on April 29, 2026, to report on its third quarter fiscal year 2026 financial and operating results. The core of this filing is a press release, furnished as Exhibit 99.1, which contains the selected financial and operating data. Investors should refer to this press release for specific details on the company's performance during the quarter. The filing serves as an official notification of these results, aligning with standard SEC reporting requirements for material events.

View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →