KLA Corporation (KLAC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 3.42B | 3.3B | 3.21B | 3.17B | 3.06B | 3.08B | 2.84B | 2.57B | 2.36B | 2.49B | 2.4B | 2.36B | 2.43B | 2.98B | 2.72B | 2.49B | 2.29B | 2.35B | 2.08B | 1.93B |
| Revenue Growth % | 11.49% | 7.16% | 12.96% | 23.71% | 30.04% | 23.73% | 18.55% | 8.96% | -3.17% | -16.66% | -12.02% | -5.29% | 6.29% | 26.83% | 30.74% | 29.15% | 26.88% | 42.51% | 35.44% | 31.92% |
| Cost of Goods Sold | 1.33B | 1.27B | 1.24B | 1.21B | 1.18B | 1.22B | 1.15B | 974.05M | 963.17M | 976.75M | 946.89M | 962.95M | 1.01B | 1.21B | 1.04B | 978.56M | 892.09M | 908.16M | 813.62M | 772.24M |
| COGS % of Revenue | 38.88% | 38.55% | 38.73% | 38.03% | 38.38% | 39.7% | 40.38% | 37.96% | 40.89% | 39.28% | 39.5% | 40.89% | 41.33% | 40.51% | 38.22% | 39.35% | 38.98% | 38.6% | 39.04% | 40.11% |
| Gross Profit | 2.09B | 2.03B | 1.97B | 1.97B | 1.89B | 1.86B | 1.69B | 1.59B | 1.39B | 1.51B | 1.45B | 1.39B | 1.43B | 1.78B | 1.68B | 1.51B | 1.4B | 1.44B | 1.27B | 1.15B |
| Gross Margin % | 61.12% | 61.45% | 61.27% | 61.97% | 61.62% | 60.3% | 59.62% | 62.04% | 59.11% | 60.72% | 60.5% | 59.11% | 58.67% | 59.49% | 61.78% | 60.65% | 61.02% | 61.4% | 60.96% | 59.89% |
| Gross Profit Growth % | 10.6% | 9.19% | 16.09% | 23.57% | 35.56% | 22.88% | 16.83% | 14.37% | -2.46% | -14.94% | -13.85% | -7.69% | 2.2% | 22.89% | 32.51% | 30.78% | 27.64% | 47.22% | 38.36% | 37.61% |
| Operating Expenses | 679.9M | 663.79M | 629.45M | 615.7M | 586.95M | 613.24M | 574.19M | 539.65M | 543.89M | 557.66M | 550.86M | 567.97M | 566.67M | 575.92M | 572.5M | 533.66M | 501.68M | 478.51M | 451.41M | 433.45M |
| OpEx % of Revenue | 19.91% | 20.13% | 19.61% | 19.39% | 19.16% | 19.93% | 20.21% | 21.03% | 23.09% | 22.43% | 22.98% | 24.12% | 23.29% | 19.3% | 21.01% | 21.46% | 21.92% | 20.34% | 21.66% | 22.51% |
| Selling, General & Admin | 291.13M | 279.92M | 268.99M | 262.71M | 248.91M | 267.08M | 251.04M | 216.12M | 222.3M | 237.24M | 239.65M | 250.86M | 238.39M | 243.1M | 253.98M | 236.78M | 216.49M | 213.48M | 193.26M | 192.02M |
| SG&A % of Revenue | 8.53% | 8.49% | 8.38% | 8.27% | 8.13% | 8.68% | 8.83% | 8.42% | 9.44% | 9.54% | 10% | 10.65% | 9.8% | 8.15% | 9.32% | 9.52% | 9.46% | 9.07% | 9.27% | 9.97% |
| Research & Development | 388.76M | 383.87M | 360.46M | 352.99M | 338.04M | 346.16M | 323.14M | 323.53M | 321.59M | 320.42M | 311.21M | 317.11M | 328.28M | 332.83M | 318.51M | 296.88M | 285.19M | 265.03M | 258.15M | 241.43M |
| R&D % of Revenue | 11.38% | 11.64% | 11.23% | 11.12% | 11.04% | 11.25% | 11.37% | 12.61% | 13.65% | 12.89% | 12.98% | 13.46% | 13.49% | 11.15% | 11.69% | 11.94% | 12.46% | 11.27% | 12.39% | 12.54% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 |
| Operating Income | 1.41B | 1.36B | 1.34B | 1.35B | 1.3B | 1.24B | 1.12B | 1.05B | 848.33M | 952.32M | 899.21M | 824.22M | 860.59M | 1.2B | 1.11B | 971.95M | 894.91M | 965.96M | 818.8M | 719.78M |
| Operating Margin % | 41.21% | 41.31% | 41.66% | 42.58% | 42.45% | 40.37% | 39.41% | 41.01% | 36.02% | 38.3% | 37.51% | 35% | 35.38% | 40.19% | 40.77% | 39.09% | 39.1% | 41.06% | 39.29% | 37.38% |
| Operating Income Growth % | 8.24% | 9.66% | 19.4% | 28.43% | 53.29% | 30.43% | 24.55% | 27.7% | -1.42% | -20.59% | -19.04% | -15.2% | -3.83% | 24.14% | 35.65% | 35.03% | 33.14% | 69.42% | 55.55% | 58.84% |
| EBITDA | 1.51B | 1.46B | 1.43B | 1.45B | 1.4B | 1.35B | 1.22B | 1.15B | 947.6M | 1.05B | 1B | 929.03M | 965.45M | 1.3B | 1.21B | 1.07B | 987.03M | 1.05B | 903.62M | 804.43M |
| EBITDA Margin % | 44.12% | 44.32% | 44.68% | 45.61% | 45.66% | 43.75% | 42.78% | 44.95% | 40.23% | 42.28% | 41.79% | 39.45% | 39.69% | 43.66% | 44.51% | 43.14% | 43.13% | 44.69% | 43.36% | 41.78% |
| EBITDA Growth % | 7.73% | 8.57% | 17.97% | 25.53% | 47.58% | 28.03% | 21.38% | 24.16% | -1.85% | -19.29% | -17.4% | -13.4% | -2.19% | 23.89% | 34.2% | 33.36% | 30.47% | 60.68% | 49% | 51.18% |
| D&A (Non-Cash Add-back) | 99.09M | 99.27M | 97.02M | 96.25M | 98.09M | 103.92M | 95.82M | 101M | 99.26M | 99.06M | 102.4M | 104.81M | 104.85M | 103.51M | 101.94M | 100.85M | 92.13M | 85.55M | 84.82M | 84.65M |
| EBIT | 1.49B | 1.4B | 1.38B | 1.4B | 1.34B | 1.05B | 1.16B | 1.03B | 782.93M | 765.47M | 925.95M | 849M | 875.46M | 1.22B | 1.14B | 993.9M | 886.26M | 964.76M | 804.66M | 748.81M |
| Net Interest Income | -70.42M | -69.67M | -71.08M | -73.13M | -71.89M | -74.98M | -82.17M | -82.84M | -79.98M | -74.2M | -74.23M | -74.43M | -74.77M | -74.28M | -74.39M | -35.5M | -39.98M | -37.85M | -38.31M | -31.04M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.7M | 0 | 0 | 0 | 8.93M |
| Interest Expense | 70.42M | 69.67M | 71.08M | 73.13M | 71.89M | 74.98M | 82.17M | 82.84M | 79.98M | 74.2M | 74.23M | 74.43M | 74.77M | 74.28M | 74.39M | 44.2M | 39.98M | 37.85M | 38.31M | 39.97M |
| Other Income/Expense | 9.25M | -31.84M | -27.7M | -22.96M | -35.96M | -269.62M | -41.24M | -107.48M | -146.33M | -261.05M | -47.49M | -48.72M | -59.91M | -56.21M | -40.67M | -22.25M | -48.62M | -39.05M | -52.45M | -10.94M |
| Pretax Income | 1.42B | 1.33B | 1.31B | 1.33B | 1.26B | 972.53M | 1.08B | 945.04M | 702.01M | 691.27M | 851.71M | 775.51M | 800.68M | 1.14B | 1.07B | 949.7M | 846.28M | 926.9M | 766.35M | 708.84M |
| Pretax Margin % | 41.49% | 40.35% | 40.8% | 41.86% | 41.28% | 31.61% | 37.96% | 36.83% | 29.8% | 27.8% | 35.53% | 32.93% | 32.91% | 38.3% | 39.28% | 38.19% | 36.98% | 39.4% | 36.78% | 36.81% |
| Income Tax | 215.77M | 184.62M | 188.44M | 125.95M | 176.02M | 148M | 132.84M | 108.6M | 100.47M | 108.74M | 110.34M | 90.85M | 102.85M | 164.18M | 43.96M | 144.3M | 115.63M | 209.39M | -302.14M | 75.78M |
| Effective Tax Rate % | 15.23% | 13.88% | 14.39% | 9.48% | 13.92% | 15.22% | 12.31% | 11.49% | 14.31% | 15.73% | 12.95% | 11.72% | 12.84% | 14.36% | 4.11% | 15.19% | 13.66% | 22.59% | -39.43% | 10.69% |
| Net Income | 1.2B | 1.15B | 1.12B | 1.2B | 1.09B | 824.53M | 945.85M | 836.45M | 601.54M | 582.53M | 741.38M | 684.65M | 697.84M | 978.79M | 1.03B | 805.37M | 730.57M | 717.44M | 1.07B | 632.98M |
| Net Margin % | 35.17% | 34.75% | 34.93% | 37.89% | 35.53% | 26.8% | 33.29% | 32.59% | 25.54% | 23.43% | 30.93% | 29.07% | 28.69% | 32.8% | 37.66% | 32.39% | 31.92% | 30.5% | 51.27% | 32.87% |
| Net Income Growth % | 10.34% | 38.95% | 18.52% | 43.8% | 80.94% | 41.54% | 27.58% | 22.17% | -13.8% | -40.48% | -27.74% | -14.99% | -4.48% | 36.43% | -3.97% | 27.24% | 28.74% | 56.9% | 154.04% | 53.91% |
| Net Income (Continuing) | 1.2B | 1.15B | 1.12B | 1.2B | 1.09B | 824.53M | 945.85M | 836.45M | 601.54M | 582.53M | 741.38M | 684.65M | 697.84M | 978.79M | 1.03B | 805.4M | 730.66M | 717.52M | 1.07B | 633.06M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.26M | -1.68M | -1.77M | -1.84M | -1.91M |
| EPS (Diluted) | 0.91 | 0.87 | 0.85 | 0.91 | 0.82 | 0.61 | 0.70 | 0.62 | 0.44 | 0.43 | 0.54 | 0.50 | 0.50 | 0.69 | 0.72 | 0.54 | 0.48 | 0.47 | 0.70 | 0.41 |
| EPS Growth % | 11.52% | 41.6% | 20.83% | 46.6% | 84.2% | 43.22% | 29.57% | 24.35% | -11.93% | -37.88% | -24.86% | -7.96% | 4.14% | 46.28% | 3.45% | 31.71% | 31.97% | 60.2% | 158.74% | 55.89% |
| EPS (Basic) | 0.92 | 0.87 | 0.85 | 0.91 | 0.82 | 0.62 | 0.71 | 0.62 | 0.45 | 0.43 | 0.54 | 0.50 | 0.51 | 0.69 | 0.72 | 0.54 | 0.49 | 0.47 | 0.70 | 0.41 |
| Diluted Shares Outstanding | 1.32B | 1.32B | 1.32B | 1.33B | 1.33B | 1.34B | 1.35B | 1.35B | 1.36B | 1.36B | 1.37B | 1.38B | 1.39B | 1.42B | 1.43B | 1.49B | 1.51B | 1.52B | 1.53B | 1.54B |
| Basic Shares Outstanding | 1.31B | 1.31B | 1.32B | 1.32B | 1.33B | 1.33B | 1.34B | 1.34B | 1.35B | 1.36B | 1.36B | 1.37B | 1.38B | 1.41B | 1.42B | 1.48B | 1.5B | 1.51B | 1.52B | 1.53B |
| Dividend Payout Ratio | 20.72% | 21.79% | 22.66% | 21.11% | 20.74% | 27.5% | 20.94% | 23.61% | 32.77% | 33.79% | 24.48% | 26.22% | 25.92% | 18.82% | 18.32% | 19.57% | 21.76% | 22.18% | 15.24% | 22% |