NASDAQ$KLAC

KLA Corp · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

KLA reported fiscal Q3 2026 revenue of $3.42B and net income of $1.20B ($9.12 diluted EPS).

For the quarter ended March 31, 2026, KLA Corporation generated revenue of $3.42 billion, up 11% year over year, with product revenue of $2.64 billion and service revenue of $775 million. Net income was $1.20 billion, or $9.12 diluted EPS, versus $1.09 billion and $8.16 a year ago, supported by advanced node and packaging inspection demand.

  • Total revenue $3.42B (+11% YoY); product revenue $2.64B.
  • Net income $1.20B; diluted EPS $9.12.
  • Gross margin supported by mix toward process control and services.
  • China export and customer concentration remain monitored risks.
  • Backlog and lead times discussed in MD&A for WFE cycle visibility.

Headline financials

Total Revenue

$3.42B

Previous: $3.06B+11.5%
EPS (adj)

$9.12

Previous: $8.16+11.8%
Capital Expenditures

-$287M

Previous: -$82.1M-249.0%
Free Cash Flow

$2.95B

No prior period
Net Income

$1.2B

Previous: $1.09B+10.3%
Operating Income

-$2.05B

Previous: $1.26B-262.5%
Gross Profit

$2.09B

No prior period
Cash & Equivalents

$1.79B

No prior period
Total Assets

$16.9B

No prior period

Revenue & EPS history

KLA · Revenue · Quarterly

$3.42B

Q3 2026+11.5%vs Q3 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

KLA · $2.4B total across 3 segments · Q1 2024

  • Semiconductor Process
    $2.14B-10.9%
  • PCB & Component
    $136M-32.2%
  • Specialty Semi Process
    $127M-0.9%

Forward guidance

The 10-Q does not provide numeric consolidated annual EPS guidance for KLAC. Management commentary in MD&A covers costs, capital, and sector-specific risks.

Tailwinds

  • Management discusses operational priorities and liquidity in the quarterly filing.
  • Segment or product trends are disclosed where applicable to the business model.

Headwinds

  • Macro, input-cost, and interest-rate exposure can affect near-term results.
  • One-time items, impairments, or fair-value marks may distort quarterly comparability.

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 Q3 2026

Historical avgQ3 2026

+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

Earnings price reactions
QuarterReport dateReaction (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%

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