Filing Flows › KLA (KLAC) › Q3 FY26
KLA (KLAC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Apr 30, 2026
KLA (KLAC) reported revenue of $3.4B for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and +4% from the quarter before. Operating margin was 41.5%, net earnings $1.2B (35.2% of revenue).
KLA, Q3 FY26: revenue $3.4B (+12% year over year), operating margin 41.5%, net earnings $1.2B, operating cash flow $707M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +4% | +11% |
| Operating profit | $1.4B | +6% | +12% |
| Net earnings | $1.2B | +5% | +10% |
| Operating cash flow | $707M | -48% | -34% |
| Free cash flow | $622M | — | -37% |
What changed
Revenue was $3.4B in Q3 FY26, up 11% year over year and up 4% from the previous quarter. Wafer Inspection was the largest line at 51% of revenue. Wafer Inspection added $0.24B year over year (up 16%), 69% of the total change. PCB and Component Inspection declined 9%.
Operating profit was $1.4B, a 41.5% margin (up 0.2 points year over year). Of the extra revenue versus Q3 FY25, 43% reached operating profit, above the 41% margin then. Total costs grew 11% against revenue growth of 11%. Net earnings were $1.2B, up 10% year over year. The effective tax rate was 15.2%.
Operating cash flow was $0.71B (down 34% year over year), 59% 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 $0.68B. After capital expenditures ($0.09B), free cash flow as the company reports it was $0.62B.
Questions
What was KLA's revenue in the third quarter fiscal 2026?
KLA (KLAC) reported revenue of $3.4B for the third quarter fiscal 2026 (Q3 FY26), +11% from a year earlier and +4% from the quarter before.
Was KLA profitable in the third quarter fiscal 2026?
Operating profit was $1.4B (41.5% of revenue) and net earnings $1.2B.
Source: KLA 10-Q on SEC EDGAR.