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KLA (KLAC) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Aug 6, 2026

KLA (KLAC) reported revenue of $3.7B for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +7% from the quarter before. Operating margin was 42.4%, net earnings $1.4B (37.3% of revenue).

Revenue$3.7B
Year over year+15%
Quarter over quarter+7%
Operating margin42.4%
Net earnings$1.4B

KLA, Q4 FY26: revenue $3.7B (+15% year over year), operating margin 42.4%, net earnings $1.4B, operating cash flow $906M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$3.7B+7%+15%
Operating profit$1.5B+9%+17%
Net earnings$1.4B+13%+13%
Operating cash flow$906M+28%-22%
Free cash flow$817M—-23%

What changed

Revenue was $3.7B in Q4 FY26, up 15% year over year and up 7% from the previous quarter. Wafer Inspection was the largest line at 49% of revenue.

Operating profit was $1.5B, a 42.4% margin (up 0.5 points year over year). Of the extra revenue versus Q4 FY25, 46% reached operating profit, above the 42% margin then. Total costs grew 14% against revenue growth of 15%. The fastest-growing cost line was Cost of revenue (+17%). Net earnings were $1.4B, up 13% year over year. The effective tax rate was 12.0%.

Operating cash flow was $0.91B (down 22% year over year), 66% 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 $0.64B. After capital expenditures ($0.09B), free cash flow as the company reports it was $0.82B.

Questions

What was KLA's revenue in the fourth quarter fiscal 2026?

KLA (KLAC) reported revenue of $3.7B for the fourth quarter fiscal 2026 (Q4 FY26), +15% from a year earlier and +7% from the quarter before.

Was KLA profitable in the fourth quarter fiscal 2026?

Operating profit was $1.5B (42.4% of revenue) and net earnings $1.4B.

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Source: KLA 10-K on SEC EDGAR.