KLAC Financials KLA Corporation

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has grown 14.4% per year over the past 5 years.
Net income has grown faster than revenue (18.4% vs 14.4% per year).
Free cash flow has grown 14.0% per year over the past 5 years.

Financial health

Total debt ($5.9B) exceeds cash ($1.6B); net debt is $4.2B.
Total debt has grown slower than revenue (11.3% vs 14.4% per year).

Shareholder returns

Dividends have been paid for 9 consecutive years, consuming 21.9% of earnings and 28.1% of free cash flow.
The dividend has grown 13.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$13.6B	$4.8B	61.3%	0.0%	76.1%	26.9%	$3.8B	$5.9B	$1.6B
2025	$12.2B	$4.1B	60.9%	0.0%	86.6%	25.3%	$3.7B	$5.9B	$2.1B
2024	$9.8B	$2.8B	60.0%	0.0%	82.0%	17.9%	$3.0B	$6.6B	$2.0B
2023	$10.5B	$3.4B	59.8%	0.0%	116.0%	24.1%	$3.3B	$5.9B	$1.9B
2022	$9.2B	$3.3B	61.0%	0.0%	237.1%	26.4%	$3.0B	$6.7B	$1.6B
2021	$6.9B	$2.1B	59.9%	0.0%	61.5%	20.2%	$2.0B	$3.4B	$1.4B
2020	$5.8B	$1.2B	57.8%	0.0%	45.7%	13.1%	$1.6B	$3.5B	$1.2B
2019	$4.6B	$1.2B	59.1%	0.0%	44.2%	13.1%	$1.0B	$3.4B	$1.0B
2018	$4.0B	$802M	64.2%	0.0%	49.5%	14.2%	$1.2B	$2.2B	$1.4B
2017	$3.5B	$926M	63.0%	0.0%	69.8%	16.7%	$1.0B	$2.9B	$1.2B
2016	—	$704M	—	—	102.2%	14.2%	$728M	$3.1B	$1.1B
2015	—	$366M	—	—	86.9%	7.6%	$560M	$3.2B	$838M
2014	—	$583M	—	—	15.9%	10.5%	$711M	$745M	$631M
2013	—	$543M	—	—	15.6%	10.3%	$839M	—	$985M
2012	—	$756M	—	—	22.8%	14.8%	$884M	—	$751M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$4.1B	$1.5B	61.9%	0.0%	23.7%	8.4%	$1.3B	$5.7B	$1.5B
Jun '26	$3.7B	$1.4B	61.4%	0.0%	21.5%	7.6%	$817M	$5.9B	$1.6B
Mar '26	$3.4B	$1.2B	61.1%	0.0%	20.6%	7.1%	$622M	$5.9B	$1.8B
Dec '25	$3.3B	$1.1B	61.4%	0.0%	21.0%	6.9%	$1.3B	$5.9B	$2.5B
Sep '25	$3.2B	$1.1B	61.3%	0.0%	22.5%	6.9%	$1.1B	$5.9B	$1.9B
Jun '25	$3.2B	$1.2B	62.0%	0.0%	25.6%	7.5%	$1.1B	$5.9B	$2.1B
Mar '25	$3.1B	$1.1B	61.6%	0.0%	27.2%	7.2%	$990M	$5.9B	$1.9B
Dec '24	$3.1B	$825M	60.3%	0.0%	23.0%	5.5%	$757M	$5.9B	$1.8B
Sep '24	$2.8B	$946M	59.6%	0.0%	26.6%	6.0%	$935M	$6.6B	$2.0B
Jun '24	$2.6B	$836M	60.7%	0.0%	24.8%	5.4%	$832M	$6.6B	$2.0B
Mar '24	$2.4B	$602M	57.9%	0.0%	19.4%	4.0%	$838M	$6.6B	$1.8B
Dec '23	$2.5B	$583M	60.7%	0.0%	19.1%	4.1%	$545M	$5.9B	$1.7B
Sep '23	$2.4B	$741M	60.5%	0.0%	—	5.2%	$816M	$5.9B	$1.7B
Jun '23	$2.4B	$685M	59.1%	0.0%	23.4%	4.9%	$880M	$5.9B	$1.9B
Mar '23	$2.4B	$698M	58.7%	0.0%	26.0%	5.1%	$926M	$5.9B	$1.6B
Dec '22	$3.0B	$979M	59.5%	0.0%	37.6%	7.1%	$595M	$6.1B	$1.6B
Sep '22	$2.7B	$1.0B	61.8%	0.0%	48.8%	7.8%	$927M	$6.3B	$1.8B
Jun '22	$2.5B	$805M	60.6%	0.0%	57.5%	6.4%	$746M	$6.7B	$1.6B
Mar '22	$2.3B	$731M	61.0%	0.0%	17.9%	6.1%	$719M	$3.7B	$1.4B
Dec '21	$2.4B	$717M	61.4%	0.0%	17.7%	6.1%	$746M	$3.4B	$1.7B

Valuation over time

How the market has priced KLAC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 15.7× (Mar '23) to 41.0× (Nov '26).
The price-to-sales ratio has risen from 5.6× (Mar '23) to 14.6× (Nov '26).
The dividend yield has fallen from 1.2% (Mar '23) to 0.5% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is KLAC growing its revenue and profit?

Over the past 5 years, KLA Corporation's revenue has grown 14.4% per year, and net income grown 18.4% per year. These are computed facts, not advice.

How much debt does KLAC have?

As of FY2026, KLA Corporation reported $5.9B of total debt against $1.6B of cash.

What is KLAC's profit margin?

In FY2026, gross margin was 61.3%, operating margin —, and net margin 35.6%.

What is KLAC's P/E ratio?

KLA Corporation's P/E (TTM) is 37.67 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the KLAC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 41.0× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.