KLA Corporation
1235.28+29.24 (+2.42%)
Oct 29, 4:00:02 PM EDT · NasdaqGS · KLAC · USD
Key Stats
Market Cap
162.67BP/E (TTM)
40.65Basic EPS (TTM)
30.39Dividend Yield
0.01%Recent Filings
8-K
10-K
FY2025 results
KLA Corporation's FY2025 results showed robust growth, with total revenues climbing 24% year-over-year to $12.2 billion, driven by a 27% surge in product sales to $9.5 billion amid AI-fueled demand for advanced inspection tools, while services rose 15% to $2.7 billion from an expanding installed base. Q4 momentum accelerated, contributing significantly to the annual topline as wafer inspection revenues hit $6.2 billion (up 43% y/y), outpacing patterning's 7% gain, though PCB and component inspection dipped amid market softness. Gross margins expanded to 60.9% from 60.0%, fueled by higher volumes and efficiencies, yet tempered by tariff pressures; net income soared 47% to $4.1 billion, or $30.37 diluted EPS. Liquidity strengthened with $4.5 billion in cash and equivalents, supporting $2.2 billion in buybacks and $905 million in dividends, but U.S. export controls on China sales pose risks to quarterly momentum.
8-K
Board refresh and dividend declared
KLA Corporation's board announced the retirement of directors Gary Moore and Emiko Higashi, effective at the 2025 annual meeting, with no disagreements cited. The board plans to nominate Tracy Embree, ex-President of Otis Americas with deep industrial leadership, and Jason Conley, Roper Technologies' CFO driving its software pivot, to fill the seats. Separately, the board declared a $1.90 per share quarterly dividend, payable September 3 to holders of record August 18. This refresh bolsters governance expertise amid steady capital returns.
8-K
KLA's Q4 revenues top guidance
KLA Corporation reported Q4 fiscal 2025 revenues of $3.175 billion, up 24% from $2.569 billion a year ago, with GAAP diluted EPS hitting $9.06 and non-GAAP at $9.38, both near or above guidance tops. Full-year revenues reached $12.16 billion, fueled by AI infrastructure demand in semiconductor process control, while free cash flow surged to a record $1.06 billion quarterly. Yet Q1 fiscal 2026 guidance tempers at $3.15 billion revenues, signaling cyclical caution. Strong capital returns of $3.05 billion underscore shareholder focus.
8-K
KLA renews $1.5B credit facility
KLA Corporation secured a $1.5 billion five-year revolving credit facility on July 3, 2025, replacing its prior agreement, with options to expand by $500 million and extend twice for one year each. Proceeds fund general corporate needs, including debt repayment, at rates tied to Term SOFR or ABR plus a 0.625%-1.00% spread, featuring sustainability adjustments for emissions and renewable energy targets. Lenders terminated the old facility with no outstanding loans, bolstering liquidity amid market volatility. KLA eyes strategic flexibility.
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