KLA CORP
Business
KLA Corporation supplies process-control and process-enabling equipment and services for semiconductor and electronics manufacturing, including inspection, metrology, and software solutions. The company offers advanced tools for manufacturing wafers, reticles, integrated circuits, packaging, and printed circuit boards across R&D and volume production. KLA operates three reportable segments—Semiconductor Process Control, Specialty Semiconductor Process, and PCB and Component Inspection—serving manufacturers globally, with the majority of revenues derived from international markets.
Summary from 10-K filed 2025-08-08
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Total revenues | 12,156 | 9,812 | 10,496 | 9,212 | 6,919 | |
| Costs of revenues | 4,752 | 3,928 | 4,218 | 3,592 | 2,772 | |
| Research and development | 1,360 | 1,279 | 1,297 | 1,105 | 928 | |
| Selling, general and administrative | 1,030 | 970 | 986 | 860 | 730 | |
| Impairment of goodwill and purchased intangible assets | 239 | 289 | 0 | 0 | — | |
| Interest expense | 302 | 311 | 297 | 160 | — | |
| Loss on extinguishment of debt | 0 | 0 | 13 | 0 | 0 | |
| Other expense (income), net | −171 | −155 | −105 | 5 | −29 | |
| Income before income taxes | 4,644 | 3,190 | 3,789 | 3,489 | 2,360 | |
| Provision for income taxes | 583 | 428 | 402 | 167 | 283 | |
| Net income | 4,062 | 2,762 | 3,387 | 3,322 | 2,077 | |
| Less: Net income attributable to non-controlling interest | 0 | 0 | 74,000 | 253,000 | −939,000 | |
| Net income attributable to KLA | 4,062 | 2,762 | 3,387 | 3,322 | 2,078 | |
| Basic (in dollars per share) | 30.53 | 20.41 | 24.28 | 22.07 | 13.49 | |
| Diluted (in dollars per share) | 30.37 | 20.28 | 24.15 | 21.92 | 13.37 | |
| Basic (in shares) | 133 | 135 | 139 | 150 | 154 | |
| Diluted (in shares) | 134 | 136 | 140 | 152 | 155 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2,079 | 1,977 | 1,928 | 1,585 | 1,435 | |
| Marketable securities | 2,416 | 2,527 | 1,315 | 1,123 | 1,060 | |
| Accounts receivable, net | 2,264 | 1,833 | 1,753 | 1,812 | 1,305 | |
| Inventories | 3,212 | 3,035 | 2,877 | 2,147 | 1,575 | |
| Other current assets | 728 | 659 | 499 | 502 | 321 | |
| Total current assets | 10,699 | 10,031 | 8,372 | 7,169 | 5,696 | |
| Land, property and equipment, net | 1,253 | 1,110 | 1,032 | 850 | 663 | |
| Goodwill, net | 1,792 | 2,016 | 2,279 | 2,320 | 2,011 | |
| Deferred income taxes | 1,106 | 915 | 817 | 579 | 270 | |
| Purchased intangible assets, net | 445 | 669 | 935 | 1,194 | 1,185 | |
| Other non-current assets | 774 | 693 | 637 | 485 | 445 | |
| Total assets | 16,068 | 15,434 | 14,072 | 12,597 | 10,271 | |
| Accounts payable | 459 | 359 | 371 | 443 | 342 | |
| Deferred system revenue | 817 | 986 | 652 | 501 | 295 | |
| Deferred service revenue | 548 | 502 | 417 | 382 | 285 | |
| Current portion of long-term debt | 0 | 750 | 0 | — | — | |
| Other current liabilities | 2,262 | 2,064 | 2,303 | 1,545 | 1,161 | |
| Total current liabilities | 4,086 | 4,661 | 3,743 | 2,871 | 2,103 | |
| Long-term debt | 5,884 | 5,880 | 5,891 | 6,661 | 3,423 | |
| Deferred tax liabilities | 447 | 487 | 529 | 659 | 651 | |
| Deferred service revenue | 349 | 294 | 177 | 125 | 88 | |
| Other non-current liabilities | 610 | 743 | 813 | 883 | 631 | |
| Total liabilities | 11,375 | 12,065 | 11,153 | 11,198 | 6,895 | |
| Commitments and contingencies (Notes 9, 15 and 16) | — | — | — | — | — | |
| Preferred stock, $0.001 par value, 1,000 shares authorized, none outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value, 500,000 shares authorized, 281,176 and 280,649 shares issued, 132,023 and 134,425 shares outstanding, as of June 30, 2025 and June 30, 2024, respectively | 132,000 | 134,000 | 137,000 | 142,000 | 153,000 | |
| Capital in excess of par value | 2,512 | 2,280 | 2,108 | 1,062 | 2,176 | |
| Retained earnings | 2,179 | 1,137 | 848 | 367 | 1,277 | |
| Accumulated other comprehensive income (loss) | 1 | −49 | −36 | −27 | −76 | |
| Total stockholders equity | 4,692 | 3,368 | 2,920 | 1,401 | 3,378 | |
| Total liabilities and stockholders equity | 16,068 | 15,434 | 14,072 | 12,597 | 10,271 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Impairment of goodwill and purchased intangible assets | 239 | 289 | 10 | 6 | — | |
| Depreciation and amortization | 394 | 402 | 415 | 363 | 333 | |
| Unrealized foreign exchange (gain) loss and other | 15 | −13 | −18 | 47 | −19 | |
| Asset impairment charges | 0 | 11 | 0 | 0 | 842,000 | |
| Disposal of non-controlling interest | 0 | 0 | 8 | 0 | 0 | |
| Stock-based compensation expense | 265 | 213 | 171 | 127 | 112 | |
| Net gain on sale of assets | −161,000 | 0 | 0 | — | — | |
| Gain on sale of business | 0 | 0 | −30 | 0 | −4 | |
| Deferred income taxes | −247 | −155 | −298 | −330 | −44 | |
| Settlement of treasury lock agreement | 0 | 415,000 | 0 | 83 | 0 | |
| Accounts receivable | −368 | −81 | −49 | −510 | −203 | |
| Inventories | −155 | −164 | −749 | −567 | −270 | |
| Other assets | −10 | −290 | −121 | −217 | −96 | |
| Accounts payable | 34 | 25 | −145 | 102 | 79 | |
| Deferred system revenue | −169 | 334 | 151 | 213 | −45 | |
| Deferred service revenue | 100 | 203 | 88 | 130 | 46 | |
| Other liabilities | −78 | −229 | 834 | 544 | 246 | |
| Net cash provided by operating activities | 4,082 | 3,309 | 3,670 | 3,313 | 2,185 | |
| Proceeds from sale of assets | 161,000 | 5 | 0 | 28 | 2 | |
| Net proceeds from sale of business | 0 | 0 | 75 | 0 | 17 | |
| Business acquisitions, net of cash acquired | 0 | −4 | −27 | −479 | 0 | |
| Acquisition of intellectual property | −5 | 0 | 0 | — | — | |
| Capital expenditures | −335 | −277 | −342 | −307 | −232 | |
| Proceeds from capital-related government assistance | 6 | 0 | 0 | — | — | |
| Purchases of available-for-sale and equity securities | −2,773 | −2,757 | −1,442 | −988 | −1,019 | |
| Proceeds from sale of available-for-sale securities | 460 | 108 | 125 | 114 | 146 | |
| Proceeds from maturity of available-for-sale securities | 2,456 | 1,460 | 1,134 | 761 | 582 | |
| Purchases of trading securities | −118 | −134 | −97 | −121 | −108 | |
| Proceeds from sale of trading securities | 106 | 121 | 90 | 116 | 111 | |
| Proceeds from other investments | 984,000 | 1 | 1 | 795,000 | 614,000 | |
| Net cash used in investing activities | −202 | −1,477 | −483 | −876 | −500 | |
| Payment of debt issuance costs | 0 | 0 | −7 | 0 | 0 | |
| Proceeds from issuance of debt, net of issuance costs | 0 | 735 | 0 | 2,967 | 40 | |
| Proceeds from revolving credit facility, net of costs | 0 | 0 | 300 | 875 | 0 | |
| Repayment of debt | −750 | 0 | −1,087 | −620 | −70 | |
| Common stock repurchases | −2,150 | −1,736 | −1,312 | −3,968 | −939 | |
| Payment of dividends to stockholders | −905 | −773 | −733 | −639 | −559 | |
| Issuance of common stock | 152 | 145 | 125 | 113 | 86 | |
| Tax withholding payments related to vested and released restricted stock units | −133 | −143 | −95 | −84 | −56 | |
| Contingent consideration payable and other, net | 0 | −4 | −18 | −1 | 0 | |
| Purchase of non-controlling interest | 0 | 0 | −4 | 0 | 0 | |
| Net cash used in financing activities | −3,786 | −1,776 | −2,830 | −2,257 | −1,498 | |
| Effect of exchange rate changes on cash and cash equivalents | 8 | −6 | −14 | −29 | 13 | |
| Net increase in cash and cash equivalents | 102 | 49 | 343 | 150 | 200 | |
| Income taxes paid, net | 887 | 831 | 495 | 465 | 326 | |
| Interest paid, net of capitalized interest | 293 | 277 | 224 | 155 | 154 | |
| Contingent consideration payable - financing activities | 0 | −765,000 | −2 | 16 | −7 | |
| Dividends payable - financing activities | 9 | 8 | 8 | 7 | 6 | |
| Unsettled common stock repurchase - financing activities | 6 | 6 | 11 | 0 | 6 | |
| Accrued purchases of land, property and equipment - investing activities | 26 | 14 | 18 | 20 | 31 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is KLA CORP's CIK number?
KLA CORP's SEC CIK number is 0000319201 (319201). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find KLA CORP's SEC filings?
All of KLA CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did KLA CORP last report earnings?
KLA CORP (KLAC) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000319201-26-000014). This is KLA CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is KLA CORP's most recent earnings 8-K?
KLA CORP's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0000319201-26-000014. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View KLA CORP's latest earnings 8-K →
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