KLA Corporation Reports Fiscal 2027 First Quarter Results
Key Highlights
- ➤Q1 revenue $4.14 billion, above $4.0 billion guidance midpoint
- ➤Q1 GAAP diluted EPS $1.18, non-GAAP diluted EPS $1.22
- ➤Q2 revenue guidance $4.7 billion +/- $200 million
- ➤Q2 non-GAAP diluted EPS guidance $1.44 +/- $0.11
- ➤Quarterly capital returns reached $1.24 billion
Expert Statements
Rick Wallace, President and CEO of KLA Corporation
“KLA's September quarter beat the midpoint of guidance across all key metrics, demonstrating the accelerated growth we expected for the second half of calendar 2026. Process control, and KLA in particular, continues to be critical to the AI ecosystem buildout and benefits from numerous ongoing inflections, including increases in leading-edge designs across foundry and logic, device size and value, memory complexity and performance requirements, and the importance of advanced packaging. In addition, KLA's process, PCB, and component inspection businesses are benefiting from the technology transitions and the rigorous performance requirements of high-performance computing, which further augments the company's growth profile. KLA's market-leading product portfolio and its associated services offerings remain well positioned to address these compelling opportunities as we approach the end of calendar 2026 and look forward to calendar 2027.”
KLA Corporation Reports Fiscal 2027 First Quarter Results PR Newswire
* Total revenues were $4.14 billion, above the midpoint of the guidance range of $4.0 billion +/- $200 million; * GAAP diluted EPS was $1.18 and non-GAAP diluted EPS was $1.22, both above the midpoints of the respective guidance ranges; * Cash flow from operating activities for the quarter and last twelve months were $1.53 billion and $4.51 billion, respectively, and free cash flow was $1.34 billion and $4.04 billion, respectively; and * Capital returns for the quarter and last twelve months were $1.24 billion and $3.79 billion, respectively. MILPITAS, Calif., Oct. 28, 2026 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its first quarter of fiscal year 2027, which ended on September 30, 2026, and reported GAAP net income of $1.55 billion and GAAP net income per diluted share of $1.18 on revenues of $4.14 billion.
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