KLA Corporation (KLAC) financial statements: income statement, balance sheet and cash flow

KLA Corporation's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 30, 2026 · FY), KLA Corporation reported revenue of $13.6B (+11.7% year on year) and net income of $4.8B (+18.9% year on year).

Income statement

KLA Corporation income statement, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Total revenues	$13.6B	$12.2B	$9.8B	$10.5B
Costs of revenues	$5.3B	$4.8B	$3.9B	$4.2B
Research and development	$1.5B	$1.4B	$1.3B	$1.3B
Selling, general and administrative	$1.1B	$1.0B	$969.5M	$986.3M
Impairment of goodwill and purchased intangible assets	$0	$239.1M	$289.5M	—
Interest expense	$284.4M	$302.2M	$311.3M	$296.9M
Other expense (income), net	($229.6M)	($171.5M)	($155.1M)	($104.7M)
Income before income taxes	$5.6B	$4.6B	$3.2B	$3.8B
Provision for income taxes	$775.2M	$582.8M	$428.1M	$401.8M
Net income	$4.8B	$4.1B	$2.8B	$3.4B
Basic (in dollars per share)	$3.68	$30.53	$20.41	$24.28
Diluted (in dollars per share)	$3.66	$30.37	$20.28	$24.15
Basic (in shares)	1.3B	133.0M	135.3M	139.5M
Diluted (in shares)	1.3B	133.8M	136.2M	140.2M

KLA Corporation income statement, quarters

Line item	Mar 31, 2026 · Q3	Dec 31, 2025 · Q2	Sep 30, 2025 · Q1	Mar 31, 2025 · Q3
Total revenues	$3.4B	$3.3B	$3.2B	$3.1B
Costs of revenues	$1.3B	$1.3B	$1.2B	$1.2B
Research and development	$388.8M	$383.9M	$360.5M	$338.0M
Selling, general and administrative	$291.1M	$279.9M	$269.0M	$248.9M
Impairment of goodwill and purchased intangible assets	$0	$0	—	$0
Interest expense	$70.4M	$69.7M	$71.1M	$71.9M
Other expense (income), net	($79.7M)	($37.8M)	($43.4M)	($35.9M)
Income before income taxes	$1.4B	$1.3B	$1.3B	$1.3B
Provision for income taxes	$215.8M	$184.6M	$188.4M	$176.0M
Net income	$1.2B	$1.1B	$1.1B	$1.1B
Basic (in dollars per share)	$9.17	$8.73	$8.51	$8.21
Diluted (in dollars per share)	$9.12	$8.68	$8.47	$8.16
Basic (in shares)	130.9M	131.3M	131.8M	132.6M
Diluted (in shares)	131.8M	132.0M	132.4M	133.3M

Balance sheet

KLA Corporation balance sheet, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Cash and cash equivalents	$1.6B	$2.1B	$2.0B	$1.9B
Marketable securities	$3.3B	$2.4B	$2.5B	$1.3B
Accounts receivable, net	$2.9B	$2.3B	$1.8B	$1.8B
Inventories	$3.6B	$3.2B	$3.0B	$2.9B
Other current assets	$941.6M	$728.1M	$659.3M	$498.7M
Total current assets	$12.4B	$10.7B	$10.0B	$8.4B
Land, property and equipment, net	$1.4B	$1.3B	$1.1B	$1.0B
Goodwill, net	$1.8B	$1.8B	$2.0B	$2.3B
Deferred income taxes	$1.0B	$1.1B	$915.2M	$816.9M
Purchased intangible assets, net	$255.8M	$444.8M	$668.8M	$935.3M
Other non-current assets	$1.1B	$773.6M	$692.7M	$637.5M
Total assets	$18.0B	$16.1B	$15.4B	$14.1B
Accounts payable	$623.7M	$458.5M	$359.5M	$371.0M
Deferred system revenue	$932.9M	$816.8M	$985.9M	$651.7M
Deferred service revenue	$604.1M	$548.0M	$501.9M	$416.6M
Other current liabilities	$2.1B	$2.3B	$2.1B	$2.3B
Total current liabilities	$4.3B	$4.1B	$4.7B	$3.7B
Long-term debt	$5.9B	$5.9B	$5.9B	$5.9B
Deferred tax liabilities	$473.6M	$446.9M	$486.7M	$529.3M
Deferred service revenue	$238.1M	$348.8M	$294.5M	$176.7M
Other non-current liabilities	$697.6M	$609.6M	$743.1M	$813.1M
Total liabilities	$11.6B	$11.4B	$12.1B	$11.2B
Preferred stock, $0.001 par value, 1,000 shares authorized, none outstanding	0	0	0	0
Common stock, $0.001 par value, 5,000,000 shares authorized, 2,816,579 and 2,811,758 shares issued, 1,306,983 and 1,320,227 shares outstanding, as of June 30, 2026 and June 30, 2025, respectively	1.3M	132.0K	134.0K	137.0K
Capital in excess of par value	$2.7B	$2.5B	$2.3B	$2.1B
Retained earnings	$3.7B	$2.2B	$1.1B	$848.4M
Accumulated other comprehensive income (loss)	($34.5M)	$1.2M	($49.1M)	($36.3M)
Total stockholders’ equity	$6.3B	$4.7B	$3.4B	$2.9B
Total liabilities and stockholders’ equity	$18.0B	$16.1B	$15.4B	$14.1B

KLA Corporation balance sheet, quarters

Line item	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Mar 31, 2025
Cash and cash equivalents	$1.8B	$2.5B	$1.9B	$1.9B
Marketable securities	$3.2B	$2.8B	$2.7B	$2.2B
Accounts receivable, net	$2.3B	$2.1B	$2.3B	$2.2B
Inventories	$3.4B	$3.3B	$3.3B	$3.2B
Other current assets	$651.5M	$700.2M	$642.4M	$600.7M
Total current assets	$11.4B	$11.3B	$10.9B	$9.9B
Land, property and equipment, net	$1.4B	$1.3B	$1.3B	$1.2B
Goodwill, net	$1.8B	$1.8B	$1.8B	$1.8B
Deferred income taxes	$1.1B	$1.1B	$1.1B	$1.0B
Purchased intangible assets, net	$300.7M	$348.0M	$397.4M	$495.6M
Other non-current assets	$946.1M	$828.9M	$795.4M	$738.6M
Total assets	$16.9B	$16.7B	$16.3B	$15.2B
Accounts payable	$515.0M	$425.2M	$429.8M	$429.3M
Deferred system revenue	$620.8M	$858.1M	$818.8M	$868.3M
Deferred service revenue	$576.5M	$599.3M	$604.8M	$509.1M
Other current liabilities	$2.0B	$2.1B	$2.2B	$2.1B
Total current liabilities	$3.8B	$4.0B	$4.0B	$3.9B
Long-term debt	$5.9B	$5.9B	$5.9B	$5.9B
Deferred tax liabilities	$444.2M	$452.7M	$464.5M	$405.9M
Deferred service revenue	$251.6M	$270.5M	$287.1M	$351.9M
Other non-current liabilities	$708.7M	$662.7M	$646.1M	$632.5M
Total liabilities	$11.0B	$11.3B	$11.3B	$11.2B
Common stock and capital in excess of par value	$2.7B	$2.6B	$2.5B	$2.4B
Retained earnings	$3.2B	$2.9B	$2.5B	$1.6B
Accumulated other comprehensive income (loss)	($32.0M)	$960.0K	$671.0K	($42.6M)
Total stockholders’ equity	$5.8B	$5.5B	$5.0B	$4.0B
Total liabilities and stockholders’ equity	$16.9B	$16.7B	$16.3B	$15.2B

Cash flow statement

KLA Corporation cash flow statement, fiscal years

Line item	Jun 30, 2026 · FY	Jun 30, 2025 · FY	Jun 30, 2024 · FY	Jun 30, 2023 · FY
Net income	$4.8B	$4.1B	$2.8B	$3.4B
Impairment of goodwill and purchased intangible assets	$0	$239.1M	$289.5M	—
Depreciation and amortization	$394.0M	$394.1M	$401.7M	$415.1M
Unrealized foreign exchange (gain) loss and other	$6.7M	$15.0M	($12.5M)	($17.8M)
Asset impairment charges	$0	$0	$11.3M	$9.9M
Stock-based compensation expense	$310.2M	$265.0M	$212.7M	$171.4M
Net gain on sale of assets	($683.0K)	($161.0K)	—	—
Deferred income taxes	$77.8M	($246.6M)	($155.2M)	($298.1M)
Settlement of treasury lock agreement	$0	$0	$415.0K	$0
Accounts receivable	($641.8M)	($367.9M)	($80.9M)	($48.5M)
Inventories	($466.0M)	($155.2M)	($164.1M)	($749.0M)
Other assets	($501.4M)	($10.5M)	($289.5M)	($121.0M)
Accounts payable	$172.4M	$33.8M	$25.0M	($144.7M)
Deferred system revenue	$116.1M	($169.0M)	$334.1M	$150.8M
Deferred service revenue	($54.6M)	$100.5M	$203.1M	$88.2M
Other liabilities	($100.3M)	($77.9M)	($228.9M)	$834.4M
Net cash provided by operating activities	$4.1B	$4.1B	$3.3B	$3.7B
Payments to Acquire Businesses, Net of Cash Acquired	$0	$0	($3.7M)	($27.1M)
Capital expenditures	($375.9M)	($335.3M)	($277.4M)	($341.6M)
Proceeds from capital-related government assistance	$16.8M	$6.3M	—	—
Purchases of available-for-sale and equity securities	($3.7B)	($2.8B)	($2.8B)	($1.4B)
Proceeds from maturity and sale of available-for-sale securities	$2.9B	—	—	—
Purchases of trading securities	($265.0M)	($118.3M)	($134.1M)	($96.6M)
Proceeds from sale of trading securities	$248.6M	$105.8M	$121.0M	$89.5M
Other, net	$2.5M	—	—	—
Net cash used in investing activities	($1.2B)	($202.5M)	($1.5B)	($482.6M)
Proceeds from issuance of debt, net of issuance costs	($1.6M)	$0	$735.0M	$0
Repayment of debt	$0	($750.0M)	$0	($1.1B)
Common stock repurchases	($2.3B)	($2.1B)	($1.7B)	($1.3B)
Payment of dividends to stockholders	($1.1B)	($904.6M)	($773.0M)	($732.6M)
Issuance of common stock	$168.6M	$151.5M	$144.9M	$124.8M
Tax withholding payments related to vested and released restricted stock units	($205.0M)	($132.7M)	($143.0M)	($94.8M)
Contingent consideration payable and other, net	$0	$0	($4.2M)	—
Net cash used in financing activities	($3.4B)	($3.8B)	($1.8B)	($2.8B)
Effect of exchange rate changes on cash and cash equivalents	$3.6M	$8.0M	($6.3M)	($14.0M)
Net increase (decrease) in cash and cash equivalents	($429.1M)	$101.8M	$49.3M	$343.0M
Cash and cash equivalents at beginning of period	$2.1B	$2.0B	$1.9B	$1.6B
Cash and cash equivalents at end of period	$1.6B	$2.1B	$2.0B	$1.9B
Income taxes paid, net	$781.4M	$886.9M	$830.8M	$495.1M
Interest paid, net of capitalized interest	$282.5M	$292.8M	$276.6M	$224.0M
Contingent consideration payable - financing activities	$0	$0	($765.0K)	($1.9M)
Dividends payable - financing activities	$8.9M	$8.7M	$8.0M	$7.9M
Unsettled common stock repurchase - financing activities	$5.5M	$5.5M	$5.5M	$11.0M
Accrued purchases of land, property and equipment - investing activities	$21.5M	$25.7M	$13.8M	$18.4M

KLA Corporation cash flow statement, quarters

Line item	Mar 31, 2026 · YTD	Dec 31, 2025 · YTD	Sep 30, 2025 · Q1	Mar 31, 2025 · YTD
Net income	$3.5B	$2.3B	$1.1B	$2.9B
Impairment of goodwill and purchased intangible assets	$0	$0	—	$239.1M
Depreciation and amortization	$295.4M	$196.3M	$97.0M	$297.8M
Unrealized foreign exchange loss and other	$382.0K	$14.4M	$12.1M	$23.6M
Stock-based compensation expense	$228.1M	$144.1M	$70.2M	$193.7M
Net gain on sale of assets	($683.0K)	$0	—	($161.0K)
Deferred income taxes	($27.3M)	($42.3M)	($10.6M)	($186.1M)
Accounts receivable	($55.4M)	$178.6M	($12.6M)	($300.3M)
Inventories	($253.7M)	($94.5M)	($95.7M)	($106.7M)
Other assets	($78.1M)	($14.3M)	$50.9M	$76.1M
Accounts payable	$64.6M	($28.7M)	($23.7M)	$42.4M
Deferred system revenue	($196.0M)	$41.3M	$2.0M	($117.5M)
Deferred service revenue	($68.8M)	($27.1M)	($5.0M)	$64.6M
Other liabilities	($139.6M)	($105.2M)	($44.0M)	($168.6M)
Net cash provided by operating activities	$3.2B	$2.5B	$1.2B	$2.9B
Capital expenditures	($286.7M)	($201.5M)	($95.9M)	($234.9M)
Proceeds from capital-related government assistance	$16.8M	$16.8M	$1.5M	$315.0K
Purchases of available-for-sale and equity securities	($2.9B)	($1.8B)	($949.9M)	($2.0B)
Proceeds from maturity and sale of available-for-sale securities	$2.1B	$1.5B	$632.8M	—
Purchases of trading securities	($229.7M)	($180.8M)	($156.9M)	($88.3M)
Proceeds from sale of trading securities	$217.5M	$180.6M	$158.3M	$79.4M
Other, net	$2.5M	—	—	—
Net cash provided by (used in) investing activities	($1.0B)	($522.7M)	($410.0M)	$122.9M
Payment of debt issuance costs	($1.6M)	($1.6M)	($1.6M)	—
Repayment of debt	$0	$0	—	($750.0M)
Common stock repurchases	($1.7B)	($1.1B)	($545.1M)	($1.7B)
Payment of dividends to stockholders	($752.5M)	($503.7M)	($254.0M)	($650.6M)
Issuance of common stock	$55.5M	$55.5M	—	$47.5M
Tax withholding payments related to vested and released restricted stock units	($91.2M)	($86.8M)	($81.1M)	($78.5M)
Net cash used in financing activities	($2.5B)	($1.6B)	($881.8M)	($3.2B)
Effect of exchange rate changes on cash and cash equivalents	($3.0M)	($3.9M)	($2.5M)	($3.0M)
Net decrease in cash and cash equivalents	($291.9M)	$373.2M	($132.7M)	($119.1M)
Cash and cash equivalents at beginning of period	$2.1B	$2.1B	$2.1B	$2.0B
Cash and cash equivalents at end of period	$1.8B	$2.5B	$1.9B	$1.9B
Income taxes paid, net	$582.4M	$402.9M	$119.0M	$655.8M
Interest paid, net of capitalized interest	$270.6M	$139.2M	$131.5M	$285.0M
Dividends payable - financing activities	$6.7M	$4.4M	$2.3M	$6.4M
Unsettled common stock repurchase - financing activities	$5.5M	$5.5M	$20.2M	$5.5M
Accrued purchases of land, property and equipment - investing activities	$31.9M	$26.0M	$32.8M	$24.3M

KLA Corporation score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.