| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.16B | $9.81B | $10.50B | $9.21B | $6.92B | $5.81B | $4.57B | $4.04B |
| Cost of Revenue | $4.58B | $3.93B | $4.22B | $3.59B | $2.77B | $2.45B | $1.87B | $1.45B |
| Gross Profit | $7.58B | $5.88B | $6.28B | $5.62B | $4.15B | $3.36B | $2.70B | $2.59B |
| Gross Margin | 62.32% | 59.97% | 59.81% | 61.00% | 59.93% | 57.81% | 59.08% | 64.14% |
| Operating Expenses | $2.33B | $2.25B | $2.28B | $1.97B | $1.66B | $1.60B | $1.31B | $1.05B |
| Operating Income | $5.24B | $3.64B | $3.99B | $3.65B | $2.49B | $1.76B | $1.39B | $1.54B |
| Operating Margin | 43.11% | 37.05% | 38.06% | 39.67% | 35.97% | 30.29% | 30.41% | 38.08% |
| Net Income | $4.06B | $2.76B | $3.39B | $3.32B | $2.08B | $1.22B | $1.18B | $802.26M |
| Net Margin | 33.41% | 28.15% | 32.27% | 36.06% | 30.04% | 20.96% | 25.73% | 19.87% |
| EPS (Basic) | $30.53 | $20.41 | $24.28 | $22.07 | $13.49 | $7.76 | $7.53 | $5.13 |
| EBITDA | $5.34B | $3.90B | $4.50B | $4.01B | $2.85B | $1.83B | $1.65B | $1.60B |
| Stock Option Compensation Expense | $265.01M | $212.69M | $171.42M | $126.92M | $111.84M | $111.38M | $94.19M | $62.78M |
| Price To Earnings Ratio | 29.34 | 40.57 | 19.97 | 14.46 | 24.04 | 25.06 | 16.16 | 19.98 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $119.16B | $112.04B | $67.65B | $48.02B | $49.96B | $30.49B | $18.99B | $16.03B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $16.07B | $15.43B | $14.07B | $12.60B | $10.27B | $9.28B | $9.01B | $5.62B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $11.38B | $12.07B | $11.15B | $11.20B | $6.90B | $6.60B | $6.33B | $4.00B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $4.69B | $3.37B | $2.92B | $1.40B | $3.38B | $2.67B | $2.66B | $1.62B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.69B | $3.37B | $2.92B | $1.40B | $3.38B | $2.67B | $2.66B | $1.62B |
| Total Liabilities & Stockholders Equity | $16.07B | $15.43B | $14.07B | $12.60B | $10.27B | $9.28B | $9.01B | $5.62B |
| Book Value Per Share | $35.27 | $24.89 | $20.93 | $9.30 | $21.91 | $17.10 | $17.16 | $10.36 |
| Tangible Book Value Per Share | $18.46 | $5.05 | $-2.11 | $-14.06 | $1.16 | $-4.82 | $-7.02 | $7.97 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 25.28% | 17.90% | 24.07% | 26.37% | 20.23% | 13.11% | 13.05% | 14.28% |
| Return on Equity | 86.56% | 82.00% | 116.01% | 237.04% | 61.53% | 45.65% | 44.21% | 49.51% |
| Return on Invested Capital | 38.11% | 27.23% | 34.46% | 35.65% | 26.64% | 21.33% | 16.82% | 19.16% |
| Quick Ratio | 1.83 | 1.50 | 1.47 | 1.75 | 1.96 | 2.01 | 1.73 | 2.97 |
| Current Ratio | 2.62 | 2.15 | 2.24 | 2.50 | 2.71 | 2.78 | 2.44 | 3.73 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $4.06B | $2.76B | $3.39B | $3.32B | $2.08B | $1.22B | $1.18B | $802.26M |
| Depreciation | $394.09M | $401.73M | $415.11M | $363.34M | $333.33M | $348.05M | $233.22M | $62.68M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $4.08B | $3.31B | $3.67B | $3.31B | $2.19B | $1.78B | $1.15B | $1.23B |
| Capital Expenditures | $340.21M | $277.38M | $341.59M | $307.32M | $231.63M | $152.68M | $130.50M | $66.95M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $904.59M | $773.04M | $732.56M | $638.53M | $559.35M | $522.42M | $472.26M | $402.06M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $2.15B | $1.74B | $1.31B | $4.87B | $938.61M | $829.08M | $1.10B | $203.17M |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $3.74B | $3.03B | $3.33B | $3.01B | $1.95B | $1.63B | $1.02B | $1.16B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
KLA Corporation specializes in creating, manufacturing, and distributing advanced solutions vital for process control, process optimization, and yield enhancement throughout the global semiconductor and broader electronics industries. The company organizes its business into four main segments: Semiconductor Process Control, Specialty Semiconductor Process, PCB, Display and Component Inspection, and an 'Other' category. For integrated circuit (IC) fabrication, KLA offers a comprehensive range of products. These include systems for wafer inspection, review, and metrology; defect inspection and metrology for both wafers/substrates and reticles; chemical and materials quality analysis tools; and real-time process management and wafer handling diagnostics essential for IC and original equipment manufacturer (OEM) production. Furthermore, the company develops software for live process control, defect excursion identification, process corrections, and defect classification. KLA also supplies refurbished and remanufactured equipment. Beyond IC manufacturing, KLA supports specialty semiconductor production. This includes benchtop metrology, surface characterization, and electrical property measurement services suitable for general-purpose and laboratory use. They also provide technologies and solutions for etching, plasma dicing, deposition, and various other wafer processing tasks within the semiconductor and microelectronics sectors. Within the printed circuit board (PCB) market, KLA delivers solutions such as direct imaging, inspection, optical shaping, additive printing, and computer-aided manufacturing and engineering. For the display industry, their offerings encompass inspection and electrical testing systems to pinpoint and categorize defects, as well as equipment for defect repair. KLA also supplies inspection and metrology systems designed to improve quality control and yield in both advanced and conventional semiconductor packaging markets. Established in 1975, the company was initially known as KLA-Tencor Corporation before rebranding as KLA Corporation in July 2019. Its corporate headquarters are situated in Milpitas, California.
Why it moved over time
KLA Corporation declared a quarterly cash dividend of $0.23 per share, signaling capital returns that can attract income-focused investors and affect demand for KLAC ahead of the September payout.
Key fact: Declared quarterly cash dividend of $0.23 per share, payable in September.
prnewswire.com: KLA Declares Regular Cash DividendKLA Corporation (KLAC) said its board declared a quarterly cash dividend of $0.23 per share payable in September, signaling continued capital return to investors.
Key fact: Board declared a quarterly cash dividend of $0.23 per share, payable in September.
prnewswire.com: KLA Declares Regular Cash DividendKLA Corporation announced a quarterly cash dividend of $0.23 per share, underscoring shareholder returns and potentially boosting investor demand ahead of the September payout.
Key fact: Board declared a quarterly cash dividend of $0.23 per share, payable in September.
prnewswire.com: KLA Declares Regular Cash DividendKLA reported fiscal Q4 revenue of $3.66 billion and non‑GAAP EPS $1.05, beating estimates and citing AI infrastructure-driven demand, which supports a stronger outlook for process-control and foundry/logic equipment.
Key fact: Fiscal Q4 revenue $3.66 billion (up ~15% year-over-year); non-GAAP diluted EPS $1.05 at the upper end of guidance.
247wallst.com: Top Chip Analyst: Semiconductor Oversupply Is Nearly Impossible Before 2028. Why He's Bullish on Memory