← Research LibraryThe BriefFY2026 10-K · headline figures audited against SEC data
KLA's inspection and metrology tools rode leading-edge AI chip investment to an 11.7% revenue rise and $4.83B of net income, though free cash flow barely moved as inventories built
The read at a glance✓ Audited against SEC data
- Growth — Revenue up 11.7% to $13.58B; services up 16%OK
- Profitability — Net margin 35.57%, up 216 bps; gross margin 61.3%OK
- Cash conversion — Free cash flow up 0.5% to $3.77B; margin down 308 bpsWatch
- Accounting quality — Grey-zone balance-sheet score; no manipulation flag; earnings quality safeOK
- Capital allocation — Buybacks $2.29B and dividends $1.06B; 17th straight dividend increaseOK
- China exposure — China 29.8% of revenue, down from 33.3%; export controls biteWatch
Business
KLA supplies process control and yield management equipment to chipmakers: inspection and metrology tools and data analytics that find and resolve nanometer-scale defects so fabs reach target yields. Semiconductor Process Control is nearly all of revenue, alongside smaller Specialty Semiconductor Process and PCB and Component Inspection segments. Services, largely recurring subscription-like contracts on the installed base, were about 23% of revenue. Taiwan Semiconductor Manufacturing Company was a greater-than-10% customer.
Where the revenue comes from
Fiscal 2026, as KLA CORP reports it. History and quarterly detail are in the app.
- Semiconductor Process Control$12.2B
- PCB and Component Inspection$750.4M
- Specialty Semiconductor Process$584.1M
Leadership changes
From KLA CORP's own filings, the day they're filed.
- Robert A. Rango · director · departureeff. 2025-05-08
- Jamie E. Samath · President · appointmenteff. 2025-04-30
- Oreste Donzella · President · appointmenteff. 2024-07-25
Latest filings
- DEF 14A · Annual proxy (pay & governance)2026-09-22
- 8-K · Company announcement2026-08-06
- 10-K · Annual report2026-08-06
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-06-12
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about KLA CORP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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