Filing Flows › KLA (KLAC) › Q1 FY27 › vs Q1 FY26
KLA (KLAC) Q1 FY27 vs Q1 FY26 (year over year)
KLA's revenue rose $926M (+29%) from $3.2B in Q1 FY26 to $4.1B in Q1 FY27. The biggest changes: Product +$820M (+33%); Services +$106M (+14%). Operating margin 44.1% against 40.8% (+3.3 pts).
KLA, Q1 FY27: revenue $4.1B (+29% year over year), operating margin 44.1%, net earnings $1.5B, operating cash flow $1.5B. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 44.1% | 40.8% | +3.3 pts |
| Net margin | 37.4% | 34.9% | +2.5 pts |
| Free cash flow margin | 32.3% | 33.2% | -0.9 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Wafer Inspection | $2.1B | $1.5B | $574M | +37% |
| Patterning | $862M | $667M | $195M | +29% |
| PCB and Component Inspection | $168M | $117M | $50.2M | +43% |
| Specialty Semiconductor Process | $114M | $100M | $13.4M | +13% |
| Other | $30.7M | $42.8M | −$12.1M | -28% |
| Product | $3.3B | $2.5B | $820M | +33% |
| Services | $851M | $745M | $106M | +14% |
| Revenue | $4.1B | $3.2B | $926M | +29% |
| Operating profit | $1.8B | $1.3B | $515M | +39% |
| Costs & expenses | $2.3B | $1.9B | $412M | +22% |
| Pre-tax earnings | $1.8B | $1.3B | $515M | +39% |
| Cost of revenue | $1.6B | $1.2B | $335M | +27% |
| Research & development | $395M | $360M | $34.6M | +10% |
| SG&A | $301M | $269M | $32.5M | +12% |
| Other operating costs | $37.6M | $27.7M | $9.9M | +36% |
| Net earnings | $1.5B | $1.1B | $428M | +38% |
| Income tax | $275M | $188M | $87.1M | +46% |
| Depreciation & amortization | $97.4M | $97.0M | $408K | +0.4% |
| Share-based compensation | $84.1M | $70.2M | $13.9M | +20% |
| Working capital & other | $199M | $127M | $72.5M | +57% |
| Operating cash flow | $1.5B | $1.2B | $369M | +32% |
| Free cash flow (company-reported) | $1.3B | $1.1B | $270M | +25% |
| Capital expenditures | $195M | $95.9M | $98.9M | +103% |
Questions
How much did KLA's revenue grow year over year in Q1 FY27?
KLA's revenue rose $926M (+29%) from $3.2B in Q1 FY26 to $4.1B in Q1 FY27.
What drove KLA's revenue change in Q1 FY27?
Product +$820M (+33%); Services +$106M (+14%).