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KLA (KLAC) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Oct 29, 2026 · KLA (KLAC) Q1 FY27 earnings results →

Q1 FY27 Revenue up 29% year over year to $4.1B · 37¢ of every $1 of revenue kept as net profit · operating margin 44.1%

KLA made $4.1B in Q1 FY27 (+29% Y/Y): Product $3.3B, Services $851M. Operating margin 44.1%, net earnings $1.5B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.

Revenue$4.1B
Year over year+29%
Operating margin44.1%
Net earnings$1.5B
Operating cash flow$1.5B

Drawing the Sankey…

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KLA Q1 FY27 revenue breakdown: Sankey diagram of revenue (Product, Services), costs, profit and cash flow
KLA Q1 FY27 revenue breakdown — free to use with credit and a link (terms). Share on X
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What changed this quarter

Revenue was $4.1B in Q1 FY27, up 29% year over year and up 13% from the previous quarter. Wafer Inspection was the largest line at 51% of revenue. Wafer Inspection added $0.57B year over year (up 37%), 62% of the total change. Other declined 28%.

Operating profit was $1.8B, a 44.1% margin (up 3.3 points year over year). Of the extra revenue versus Q1 FY26, 56% reached operating profit, above the 41% margin then. Total costs grew 22% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+36%). Net earnings were $1.5B, up 38% year over year. The effective tax rate was 15.1%.

Operating cash flow was $1.5B (up 32% year over year), 99% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.20B. After capital expenditures ($0.19B), free cash flow as the company reports it was $1.3B.

Quarterly history

KLA revenue by quarterKLA revenue by quarter$3.1BQ3 FY25$3.2BQ4 FY25$3.2BQ1 FY26$3.3BQ2 FY26$3.4BQ3 FY26$3.7BQ4 FY26$4.1BQ1 FY27
KLA net earnings by quarterKLA net earnings by quarter$1.1BQ3 FY25$1.2BQ4 FY25$1.1BQ1 FY26$1.1BQ2 FY26$1.2BQ3 FY26$1.4BQ4 FY26$1.5BQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QOct 29, 2026$4.1B+29%44.1%$1.5B$1.5B
Q4 FY2610-KAug 6, 2026$3.7B+15%42.4%$1.4B$906M
Q3 FY2610-QApr 30, 2026$3.4B+12%41.5%$1.2B$707M
Q2 FY2610-QJan 30, 2026$3.3B+7%40.3%$1.1B$1.4B
Q1 FY2610-QOct 31, 2025$3.2B+13%40.8%$1.1B$1.2B
Q4 FY2510-KAug 8, 2025$3.2B+24%41.9%$1.2B$1.2B
Q3 FY2510-QMay 1, 2025$3.1B+30%41.3%$1.1B$1.1B

Charts

KLA: revenue growth, year over year and quarter over quarterKLA: revenue growth, year over year and quarter over quarterY/YQ/Q+30%Q3 FY25+24%+4%Q4 FY25+13%+1%Q1 FY26+7%+3%Q2 FY26+12%+4%Q3 FY26+15%+7%Q4 FY26+29%+13%Q1 FY27
Latest (Q1 FY27): Y/Y +29%, Q/Q +13%.
KLA: where the cash came from (+) and went (−), TTM to Q1 FY27KLA: where the cash came from (+) and went (−), TTM to Q1 FY27Operating cash flow$4.5BBuybacks−$2.7BDividends−$1.1BOther investing−$483MCapital spending−$475MCash drawn (+) / kept (−)$414MTaxes on employees’ shares−$363MOther financing$98.2MNet borrowing (+) / repaid (−)$70.4MExchange rates$14.8M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
KLA: profit against cash, quarter by quarterKLA: profit against cash, quarter by quarterNet incomeOperating cash flow$825M$850MQ2 FY25$1.1B$1.1BQ3 FY25$1.2B$1.2BQ4 FY25$1.1B$1.2BQ1 FY26$1.1B$1.4BQ2 FY26$1.2B$707MQ3 FY26$1.4B$906MQ4 FY26$1.5B$1.5BQ1 FY27
Latest (Q1 FY27): Net income $1.5B, Operating cash flow $1.5B.
KLA: diluted shares by fiscal year (split-adjusted)KLA: diluted shares by fiscal year (split-adjusted)1.55BFY211.52BFY221.40BFY231.36BFY241.34BFY251.32BFY26
-15.1% since FY21: buybacks shrank the count; earlier years scaled for the 10-for-1 split before FY24.
KLA in its industry: growth against margin (5 companies, SIC 3827)KLA in its industry: growth against margin (5 companies, SIC 3827)revenue growth, year over year →↑ operating marginmedian +26%median 14%COHROPXSOPTXMSAIKLAC (+29%, 44%)
Optical Instruments & Lenses; dot size is quarterly revenue; dashed lines are the industry's medians.

In supply chains and themes

Chip equipment by country (WFE) money flowChip equipment by country (WFE) · Wafer-fab equipment

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About KLA

KLA Corporation and its majority-owned subsidiaries (“KLA” or the “Company,” and also referred to as “we,” “our,” “us” or similar references) are suppliers of industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (“ICs” or “chips”), packaged ICs and printed circuit boards (“PCBs”), as well as comprehensive support and services across our installed base. Our suite of advanced products, coupled with our unique process control software and services, allows us to deliver solutions that help our customers achieve their technology advancement and high-volume production goals by improving yields while reducing waste, risks and costs.

In its own words, from its 10-K, filed Aug 6, 2026.

KLA against its Optical Instruments & Lenses peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +29% against the peers' median +26%. Operating margin: 44.1% against the peers' median 14.3%.

CompanyQuarterRevenueY/YOp. margin
KLAC KLAQ1 FY27$4.1B+29%44.1%
COHR CoherentQ1 FY27$2.4B+50%15.1%
OPXS Optex Systems HoldingsQ3 FY26$9.7M-12%14.3%
OPTX Syntec Optics HoldingsQ2 2026$8.3M+26%3.9%
MSAI MultiSensor AI HoldingsQ2 2026$1.7M+20%-153.5%

Source: KLA 10-Q on SEC EDGAR · CIK 319201 · Optical Instruments & Lenses

Guidance and outlook

KLA Revenue: guidance against what was reportedKLA Revenue: guidance against what was reportedguided rangereported (above / within / below)Q3 FY25$3.1BQ4 FY25$3.2BQ1 FY26$3.2BQ2 FY26$3.3BQ3 FY26$3.4BQ4 FY26$3.7BQ1 FY27$4.1BQ2 FY27
Met or beat 7 of 7 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.

13F: who owns KLAC and who is buying

Largest holders of KLAC (13F)Largest holders of KLAC (13F)BlackRock$38.1BVanguard Capital Management LLC$25.7BState Street$19.0BVanguard Group$16.9BCapital World Investors$13.7BInvesco$13.5BFMR LLC$13.0BVanguard Portfolio Management LLC$11.9BAlliancebernstein L.P.$11.0BGeode Capital Management, LLC$11.0B
Funds' net buying of KLAC by quarter (13F)Funds' net buying of KLAC by quarter (13F)−$1.5B2024-09$642M2024-12−$666M2025-03$3.6B2025-06−$1.1B2025-09$4.1B2025-12−$2.7B2026-03$2.7B2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on KLAC

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

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中文版:科磊(KLAC)财报

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