KLA Reports Fiscal 2026 Q3 Results

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KLA Corporation announced financial and operating results for its third quarter of fiscal year 2026, which ended on March 31, 2026, and reported GAAP net income of $1.20 billion and GAAP net income per diluted share of $9.12 on revenues of $3.415 billion.

"KLA delivered strong March quarter results exceeding the midpoint of our guidance ranges on both revenue and earnings per share. Our business momentum remains robust, and we are highly confident in our outlook for calendar year 2026," said Rick Wallace, president and CEO of KLA Corporation. "At our recent Investor Day, we highlighted KLA's critical role as a key enabler of the AI ecosystem and our continued benefits from the global AI infrastructure buildout across all major growth vectors, including foundry/logic, memory, advanced packaging, and services. KLA's market leadership was further reinforced by recently published third-party industry reports showing continued market share momentum in process control. Our recent capital return actions, including the 17th consecutive annual dividend increase and an additional $7 billion stock repurchase authorization, underscore our confidence in KLA's durable value creation and the 2030 target model we have outlined."

Fourth Quarter Fiscal 2026 Guidance

The following details our guidance for the fourth quarter of fiscal 2026 ending in June:

• Total revenues are expected to be in a range of $3.575 billion +/- $200 million
• GAAP gross margin is expected to be in a range of 60.72% +/- 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 $9.66 +/- $1.00
• Non-GAAP diluted EPS is expected to be in a range of $9.87 +/- $1.00