FirmAtlas
Company handbook · KLAC · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
KLAC · CIK 319201 · LATEST FILING: 10-K FY26 · FILED AUG 6, 2026
KLA CORP
$165.74
−8.72 (−5.00%)
Close, Oct 16, 2026 · 52-week $107–307
Last fiscal year
KLA CORP reported revenue of $13.6B for the year ended Jun 30, 2026 (FY26), up 11.7% from FY25. Net income was $4.8B, operating cash flow $4.1B and free cash flow $3.8B. Source: 10-K filed Aug 6, 2026.
Market cap
$216.6B
P/E
44.8
P/B
34.1
Div yield
0.51%
Revenue 1Y
11.7%/yr
EPS 1Y
20.4%/yr
Shares 1Y
−1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEORichard Wallace
HQMilpitas, CA
AuditorPricewaterhouseCoopers LLP
Year endsJune
Revenue by segment · FY26
Semiconductor Process Control90%
PCB Display And Component Inspection6%
Specialty Semiconductor Process4%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
36.8%
38.2%
50.0%
50.8%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY25–FY26
$7.1B deployed
Capex
$711M
10.0%
Dividends
$2.0B
27.6%
Buybacks
$4.4B
62.4%
Operating cash flow over the period: $8.2B. Total debt changed by +$3M. R&D of $2.9B is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
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Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY26 = year ended Jun 30, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Per-share figures are split-adjusted (10-for-1 split after FY24).
Income
Balance sheet
Total assets
16,068
17,952+11.7%
Cash & short-term investments
2,079
1,650−20.6%
Accounts receivable
2,264
2,889+27.6%
Inventory
3,212
3,649+13.6%
Net PP&E
1,253
1,381+10.2%
Other assets
7,260
8,383+15.5%
Total liabilities
11,375
11,602+2.0%
Accounts payable
459
624+36.0%
Total debt
5,884
5,887+0.1%
Other liabilities
5,033
5,091+1.2%
Shareholders’ equity
4,692
6,350+35.3%
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
4,082
4,143+1.5%
Net income
4,062
4,831+18.9%
Depreciation & amortization
394
394−0.0%
Stock-based compensation
265
310+17.0%
Working capital & other
(639)
(1,392)n/m
Cash from investing
(202)
(1,190)n/m
Capex
(335)
(376)n/m
PP&E sold
0.2
—
Acquisitions
0
0n/m
Investments bought
(2,773)
(3,711)n/m
Investments sold / matured
2,915
2,894−0.7%
Other investing
(10)
3n/m
Cash from financing
(3,786)
(3,386)n/m
Debt raised
0
—
Debt repaid
(750)
0n/m
Dividends
(905)
(1,058)n/m
Buybacks
(2,150)
(2,290)n/m
Shares issued
152
169+11.3%
Other financing
(133)
(207)n/m
Net change in cash
102
(429)−521.6%
Free cash flow (OCF − capex)
3,747
3,767+0.5%
Where the cash went
Operating cash flow
4,082
4,143+1.5%
Reinvested in the business
335
376+12.1%
% of operating cash flow
8.2%
9.1%
Capex
335
376+12.1%
Acquisitions
0
0n/m
R&D (memo, already in costs)
1,360
1,532+12.6%
Free cash flow
3,747
3,767+0.5%
YoY
+0.5%
Returned to shareholders
3,055
3,348+9.6%
% of free cash flow
81.5%
88.9%
Dividends
905
1,058+16.9%
Buybacks
2,150
2,290+6.5%
Change in total debt
—
3
Cash left over
—
423
FCF conversion (FCF ÷ net income)
92.2%
78.0%−14.3 pp
Owner earnings
—
3,952
Owner earnings margin
—
29.1%
Buyback yield
1.8%
0.6%−1.2 pp
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,210
3,297
3,415
3,658
vs year-ago quarter
Gross profit
1,967
2,026
2,087
2,244
Gross margin
61.3%
61.4%
61.1%
61.4%
Net income
1,121
1,146
1,201
1,363
vs year-ago quarter
Net margin
34.9%
34.7%
35.2%
37.3%
EPS (diluted, $)
8.47
8.68
9.12
1.04
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
16,318
16,720
16,874
17,952
Cash & equivalents
1,946
2,452
1,787
1,650
Total debt
5,885
5,886
5,887
5,887
Shareholders’ equity
4,985
5,466
5,830
6,350
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
1,162
1,368
707
906
Capex
96
106
85
89
Free cash flow
1,066
1,262
622
817
vs year-ago quarter