NASDAQ$KLAC
KLA Corp · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
KLA's Q2 2025 results exceeded guidance midpoint despite new export controls, demonstrating revenue growth and strong profitability.
KLA Corporation announced its Q2 Fiscal Year 2025 results, with revenues of $3.08 billion and GAAP net income per diluted share of $6.16. The company's performance was above the midpoint of its guidance, driven by growth in leading-edge technologies and strong profitability, despite the impact of new U.S. government export controls.
- Total revenues reached $3.08 billion, hitting the upper end of the guidance range.
- GAAP diluted EPS was reported at $6.16, impacted by a $239.1 million impairment charge.
- Non-GAAP diluted EPS was $8.20, near the upper end of the guidance range.
- Cash flow from operating activities was $849.5 million, and free cash flow was $757.2 million for the quarter.
Headline financials
Revenue & EPS history
KLA · Revenue · Quarterly
$3.08B
Revenue by segment
KLA · $2.4B total across 3 segments · Q1 2024
- Semiconductor Process$2.14B-10.9%89.0%
- PCB & Component$136M-32.2%5.7%
- Specialty Semi Process$127M-0.9%5.3%
Forward guidance
KLA anticipates total revenues to be in the range of $3.0 billion +/- $150 million, GAAP gross margin to be in the range of 60.6% +/- 1.0%, Non-GAAP gross margin to be in the range of 62.0% +/- 1.0%, GAAP diluted EPS to be in the range of $7.77 +/- $0.60 and Non-GAAP diluted EPS to be in the range of $8.05 +/- $0.60 for the third quarter of fiscal year 2025.
Tailwinds
- GAAP net income per diluted share is expected to be $7.17 to $8.37.
- Acquisition-related charges are expected to be $0.40.
- Restructuring, severance and other charges are expected to be $0.02.
- Income tax effect of non-GAAP adjustments is expected to be negative $0.14.
- Non-GAAP net income per diluted share is expected to be $7.45 to $8.65.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
+0.6%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+5.1%
Avg return
30 days after
55%
37 / 67 earnings
Positive
+11.6%
Q4 2023
Best reaction
-9.0%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +6.2% | -4.6% | +5.7% | |
| Q2 2026 | -8.1% | -22.4% | -9.5% | |
| Q1 2026 | -0.9% | -3.4% | -4.8% | |
| Q3 2025 | -3.8% | -3.3% | +7.7% | |
| Q2 2025 | -0.6% | +2.3% | -4.5% | |
| Q1 2025 | -4.3% | -4.7% | -7.1% | |
| Q4 2024 | -5.6% | -3.6% | +1.3% | |
| Q3 2024 | +7.6% | +5.0% | +18.7% | |
| Q2 2024 | -6.1% | -6.8% | +4.8% | |
| Q1 2024 | -2.6% | -2.3% | +18.2% | |
| Q4 2023 | +11.6% | +12.3% | +5.2% | |
| Q3 2023 | +7.5% | +7.5% | +28.9% | |
| Q2 2023 | -5.5% | -7.1% | -10.1% | |
| Q1 2023 | +1.3% | +3.8% | +24.6% | |
| Q4 2022 | +6.2% | +6.0% | -0.5% | |
| Q3 2022 | +1.4% | +6.1% | +17.9% | |
| Q2 2022 | -3.7% | +2.0% | -6.0% | |
| Q1 2022 | +3.9% | +11.2% | +16.7% | |
| Q4 2021 | +10.3% | +9.9% | +8.7% | |
| Q3 2021 | -2.9% | -5.2% | -2.4% | |
| Q2 2021 | -1.5% | +1.2% | -1.0% | |
| Q1 2021 | +1.7% | +1.8% | +28.0% | |
| Q4 2020 | +2.5% | +1.5% | +7.9% | |
| Q3 2020 | +7.8% | +12.8% | +22.6% | |
| Q2 2020 | +0.8% | -2.8% | -7.8% | |
| Q1 2020 | -0.7% | +2.2% | -3.8% | |
| Q4 2019 | +1.8% | +2.1% | +13.1% | |
| Q3 2019 | -9.0% | -11.2% | -17.2% | |
| Q2 2019 | +4.2% | +5.2% | +13.6% | |
| Q1 2019 | +5.0% | +7.0% | +13.2% | |
| Q4 2018 | +9.2% | +11.2% | +8.5% | |
| Q3 2018 | +3.6% | +3.7% | +15.9% | |
| Q2 2018 | -1.3% | -4.8% | -3.9% | |
| Q1 2018 | +1.3% | +2.0% | -1.6% | |
| Q4 2017 | -6.4% | -8.2% | -10.3% | |
| Q3 2017 | -2.6% | -1.1% | +3.9% | |
| Q2 2017 | +1.8% | +0.5% | +6.6% | |
| Q1 2017 | +2.4% | +4.1% | +11.3% | |
| Q4 2016 | -1.7% | -1.7% | -12.3% | |
| Q3 2016 | +0.9% | — | — | |
| Q2 2016 | +4.0% | — | — | |
| Q1 2016 | +2.1% | — | — | |
| Q4 2015 | +2.5% | — | — | |
| Q3 2015 | -2.3% | — | — | |
| Q2 2015 | -6.0% | — | — | |
| Q1 2015 | +8.0% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | -5.7% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | -6.1% | — | — | |
| Q2 2013 | +7.6% | — | — | |
| Q1 2013 | -1.1% | — | — | |
| Q4 2012 | +4.0% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | +2.1% | — | — | |
| Q1 2012 | +4.7% | — | — | |
| Q4 2011 | -6.6% | — | — | |
| Q3 2010 | +0.7% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -1.3% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +2.0% | — | — | |
| Q4 2009 | +2.0% | — | — | |
| Q1 2011 | +2.0% | — | — | |
| Q4 2010 | +2.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro