KLAC · Kla Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $12.16B | $9.81B | $10.50B | $9.21B | $6.92B | $5.81B |
| Cost of Revenue | $4.75B | $3.93B | $4.22B | $3.59B | $2.77B | $2.45B |
| Gross Profit | $7.40B | $5.88B | $6.28B | $5.62B | $4.15B | $3.36B |
| R&D | $1.36B | $1.28B | $1.30B | $1.11B | $928.49M | $863.86M |
| SG&A | $1.03B | $969.51M | $986.33M | $860.01M | $729.60M | $734.15M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $394.09M | $401.73M | $415.11M | $363.34M | $333.33M | $348.05M |
| Operating Income | $4.64B | $3.19B | $3.79B | $1.32B | $2.36B | $1.32B |
| Interest Expense | $302.17M | $311.25M | $296.94M | $160.34M | $157.33M | $160.27M |
| Income Tax | $582.80M | $428.14M | $401.84M | $167.18M | $283.10M | $101.69M |
| Net Income | $4.06B | $2.76B | $3.39B | $3.32B | $2.08B | $1.22B |
| EPS - Basic | $30.53 | $20.41 | $24.28 | $22.07 | $13.49 | $7.76 |
| EPS - Diluted | $30.37 | $20.28 | $24.15 | $21.92 | $13.37 | $7.70 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.08B | $1.98B | $1.93B | $1.58B | $1.43B | $1.23B |
| Accounts Receivable | $2.26B | $1.83B | $1.75B | $1.81B | $1.31B | $1.11B |
| Inventory | $3.21B | $3.03B | $2.88B | $2.15B | $1.58B | $1.31B |
| Accounts Payable | $458.51M | $359.49M | $371.03M | $443.34M | $342.08M | $264.28M |
| Current Assets | $10.70B | $10.03B | $8.37B | $7.17B | $5.70B | $4.72B |
| Total Assets | $16.07B | $15.43B | $14.07B | $12.60B | $10.27B | $9.28B |
| Current Liabilities | $4.09B | $4.66B | $3.74B | $2.87B | $2.10B | $1.70B |
| Long-term Debt | $5.88B | $5.88B | $5.89B | $6.66B | $3.42B | $3.47B |
| Total Liabilities | $11.38B | $12.07B | $11.15B | $11.20B | $6.90B | $6.60B |
| Stockholders' Equity | $4.69B | $3.37B | $2.92B | $1.40B | $3.38B | $2.67B |
| Retained Earnings | $2.18B | $1.14B | $848.43M | $366.88M | $1.28B | $654.93M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.08B | $3.31B | $3.67B | $3.31B | $2.19B | $1.78B |
| Investing Cash Flow | ($202.48M) | ($1.48B) | ($482.57M) | ($876.46M) | ($500.40M) | ($258.87M) |
| Financing Cash Flow | ($3.79B) | ($1.78B) | ($2.83B) | ($2.26B) | ($1.50B) | ($1.30B) |
| CapEx | $335.26M | $277.38M | $341.59M | $307.32M | $231.63M | $152.68M |
| Free Cash Flow | $3.75B | $3.03B | $3.33B | $3.01B | $1.95B | $1.63B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 60.9% | 60.0% | 59.8% | 61.0% | 59.9% | 57.8% |
| Operating margin | 38.2% | 32.5% | 36.1% | 14.3% | 34.1% | 22.7% |
| EBITDA margin | 41.4% | 36.6% | 40.1% | 18.2% | 38.9% | 28.7% |
| Net margin | 33.4% | 28.1% | 32.3% | 36.1% | 30.0% | 21.0% |
| Free cash flow margin | 30.8% | 30.9% | 31.7% | 32.6% | 28.2% | 28.0% |
| FCF / Net income | 0.92 | 1.10 | 0.98 | 0.90 | 0.94 | 1.34 |
| R&D / Revenue | 11.2% | 13.0% | 12.4% | 12.0% | 13.4% | 14.9% |
| SG&A / Revenue | 8.5% | 9.9% | 9.4% | 9.3% | 10.5% | 12.6% |
| Effective tax rate | 12.5% | 13.4% | 10.6% | 4.8% | 12.0% | 7.7% |
| Return on assets | 25.3% | 17.9% | 24.1% | 26.4% | 20.2% | 13.1% |
| Return on equity | 86.6% | 82.0% | 116.0% | 237.0% | 61.5% | 45.7% |
| Return on invested capital | 38.4% | 29.9% | 38.4% | 15.5% | 30.5% | 19.8% |
| Liquidity | ||||||
| Current ratio | 2.62 | 2.15 | 2.24 | 2.50 | 2.71 | 2.78 |
| Quick ratio | 1.83 | 1.50 | 1.47 | 1.75 | 1.96 | 2.01 |
| Cash ratio | 0.51 | 0.42 | 0.52 | 0.55 | 0.68 | 0.73 |
| Leverage | ||||||
| Debt / Equity | 1.25 | 1.75 | 2.02 | 4.75 | 1.01 | 1.30 |
| Debt / Assets | 0.37 | 0.38 | 0.42 | 0.53 | 0.33 | 0.37 |
| Debt / EBITDA | 1.17 | 1.64 | 1.40 | 3.96 | 1.27 | 2.08 |
| Interest coverage | 15.4x | 10.2x | 12.8x | 8.2x | 15.0x | 8.2x |
| Equity multiplier | 3.42 | 4.58 | 4.82 | 8.99 | 3.04 | 3.48 |
| Liabilities / Assets | 0.71 | 0.78 | 0.79 | 0.89 | 0.67 | 0.71 |
| Efficiency | ||||||
| Asset turnover | 0.76 | 0.64 | 0.75 | 0.73 | 0.67 | 0.63 |
| Inventory turnover | 1.48 | 1.29 | 1.47 | 1.67 | 1.76 | 1.87 |
| Days sales outstanding | 68d | 68d | 61d | 72d | 69d | 70d |
| Days inventory outstanding | 247d | 282d | 249d | 218d | 207d | 195d |
| Days payable outstanding | 35d | 33d | 32d | 45d | 45d | 39d |
| Cash conversion cycle | 279d | 317d | 278d | 245d | 231d | 226d |
| Valuation | ||||||
| P / E | 29.5x | 40.7x | 20.1x | 14.6x | 24.2x | 25.3x |
| P / B | 25.5x | 33.3x | 23.3x | 34.5x | 14.9x | 11.5x |
| P / S | 9.9x | 11.4x | 6.5x | 5.2x | 7.3x | 5.3x |
| EV / EBITDA | 24.5x | 32.3x | 17.1x | 31.8x | 19.4x | 19.8x |
| Growth | ||||||
| Revenue growth (YoY) | 23.9% | -6.5% | 13.9% | 33.1% | 19.2% | 66.9% |
| Revenue CAGR (3y) | 9.7% | 12.4% | 21.8% | 38.3% | 19.7% | 18.6% |
| Revenue CAGR (5y) | 15.9% | 23.0% | 21.1% | 21.5% | 18.3% | 15.6% |
| Gross profit growth (YoY) | 25.8% | -6.3% | 11.7% | 35.5% | 23.5% | 108.4% |
| Operating income growth (YoY) | 45.6% | -15.8% | 187.8% | -44.2% | 79.3% | 1.6% |
| Net income growth (YoY) | 47.1% | -18.5% | 2.0% | 59.8% | 70.8% | 3.5% |
| EPS growth (YoY) | 49.8% | -16.0% | 10.2% | 63.9% | 73.6% | 2.8% |
| EPS CAGR (3y) | 11.5% | 14.9% | 46.4% | 43.0% | 37.9% | 9.4% |
| EPS CAGR (5y) | 31.6% | 22.0% | 36.5% | 30.1% | 24.4% | 28.0% |
| FCF growth (YoY) | 23.6% | -8.9% | 10.7% | 53.9% | 20.1% | 59.1% |
| FCF CAGR (5y) | 18.2% | 24.3% | 23.4% | 23.6% | 21.8% | 23.8% |
| Book value growth (YoY) | 39.3% | 15.4% | 108.4% | -58.5% | 26.7% | 0.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$12.16B totalSemiconductor Process Control$10.95B · 90.1%
PCBAnd Component Inspection$621.72M · 5.1%
Specialty Semiconductor Process$587.11M · 4.8%
Product / service
$21.63B totalProduct$9.47B · 43.8%
Wafer Inspection$6.20B · 28.7%
Service$2.68B · 12.4%
Patterning$2.20B · 10.2%
Specialty Semiconductor Process$517.20M · 2.4%
PCBAnd Component Inspection$355.89M · 1.6%
Other Revenue$204.60M · 0.9%
Geographic
$12.16B totalCN$4.04B · 33.3%
TW$3.21B · 26.4%
KR$1.45B · 12.0%
North America$1.36B · 11.2%
JP$1.13B · 9.3%
Europe And Israel$574.20M · 4.7%
Rest Of Asia$385.87M · 3.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.24
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Optical Instruments & Lenses
Comparing KLA CORP against the 5 most active filers in the same SIC group.
Dividends
$8.00/share trailing 12 months · +18.5% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $2.3000 |
| Feb 17, 2026 | $1.9000 |
| Nov 17, 2025 | $1.9000 |
| Aug 18, 2025 | $1.9000 |
| May 19, 2025 | $1.9000 |
| Feb 24, 2025 | $1.7000 |
| Nov 18, 2024 | $1.7000 |
| Aug 15, 2024 | $1.4500 |
| May 14, 2024 | $1.4500 |
| Feb 15, 2024 | $1.4500 |
| Nov 14, 2023 | $1.4500 |
| Aug 14, 2023 | $1.3000 |
| May 12, 2023 | $1.3000 |
| Feb 10, 2023 | $1.3000 |
| Nov 14, 2022 | $1.3000 |
| Aug 12, 2022 | $1.3000 |
| May 13, 2022 | $1.0500 |
| Feb 11, 2022 | $1.0500 |
| Nov 12, 2021 | $1.0500 |
| Aug 13, 2021 | $1.0500 |
| May 14, 2021 | $0.9000 |
| Feb 18, 2021 | $0.9000 |
| Nov 13, 2020 | $0.9000 |
| Aug 14, 2020 | $0.9000 |