KLAC Financials KLA Corporation

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 82 d ago Overview →

Growth & profitability

Revenue has grown 15.9% per year over the past 5 years.
Net income has grown faster than revenue (27.3% vs 15.9% per year).
Free cash flow has grown 18.2% per year over the past 5 years.

Financial health

Total debt ($5.9B) exceeds cash ($2.1B); net debt is $3.8B.
Total debt has grown slower than revenue (11.1% vs 15.9% per year).

Shareholder returns

Dividends have been paid for 8 consecutive years, consuming 22.3% of earnings and 24.1% of free cash flow.
The dividend has grown 11.6% 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
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%	237.0%	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
2011	—	$794M	—	—	27.8%	17.0%	$772M	—	$711M

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
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
Sep '21	$2.1B	$1.1B	61.0%	0.0%	27.7%	9.6%	$795M	$3.4B	$1.5B
Jun '21	$1.9B	$633M	59.9%	0.0%	18.7%	6.2%	$410M	$3.4B	$1.4B

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 19.6× (Mar '23) to 55.6× (Sep '26).
The price-to-sales ratio has risen from 7.1× (Mar '23) to 18.6× (Sep '26).
The dividend yield has fallen from 1.0% (Mar '23) to 0.4% (Sep '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 15.9% per year, and net income grown 27.3% per year. These are computed facts, not advice.

How much debt does KLAC have?

As of FY2025, KLA Corporation reported $5.9B of total debt against $2.1B of cash.

What is KLAC's profit margin?

In FY2025, gross margin was 60.9%, operating margin —, and net margin 33.4%.

What is KLAC's P/E ratio?

As of Sep '26, KLA Corporation traded at a price-to-earnings ratio of about 55.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.