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KLA Corporation announced financial and operating results for its second quarter of fiscal year 2026, which ended on Dec. 31, 2025, and reported GAAP net income of $1.15 billion and GAAP net income per diluted share of $8.68 on revenues of $3.30 billion.
"KLA delivered a record quarter and calendar 2025 for revenue, non-GAAP operating income, and free cash flow generation. This performance was fueled by our differentiated product portfolio and solid company execution in an environment where the relevance of process control at the leading edge for foundry/logic and memory is increasing. As the market leader in process control, KLA is well positioned to take advantage of this long-term trend," said Rick Wallace, president and CEO of KLA Corporation. "As we look forward to calendar year 2026, KLA is a key enabler of the AI ecosystem and continues to uniquely benefit from the AI infrastructure buildout across all major growth vectors, including foundry/logic, memory, advanced packaging, and services."
Third Quarter Fiscal 2026 Guidance
The following details our guidance for the third quarter of fiscal 2026 ending in March:
- Total revenues are expected to be in a range of $3.35 billion +/- $150 million
- GAAP gross margin is expected to be in a range of 60.62% +/- 1.00%
- Non-GAAP gross margin is expected to be in a range of 61.75% +/- 1.00%
- GAAP diluted EPS is expected to be in a range of $8.85 +/- $0.78
- Non-GAAP diluted EPS is expected to be in a range of $9.08 +/- $0.78
