KLAC

EX-99.1

2 exhibit991earningsrelease0.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Investor Relations:Media Relations:

Kevin Kessel, CFA Mike Dulin

Vice President, Investor RelationsCorporate Communications

ir@kla.commedia@kla.com

KLA Corporation Reports Fiscal 2027 First Quarter Results

•Total revenues were $4.14 billion, above the midpoint of the guidance range of $4.0 billion +/- $200 million;

•GAAP diluted EPS was $1.18 and non-GAAP diluted EPS was $1.22, both above the midpoints of the respective guidance ranges;

•Cash flow from operating activities for the quarter and last twelve months were $1.53 billion and $4.51 billion, respectively, and free cash flow was $1.34 billion and $4.04 billion, respectively; and

•Capital returns for the quarter and last twelve months were $1.24 billion and $3.79 billion, respectively.

MILPITAS, Calif., October 28, 2026 - KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its first quarter of fiscal year 2027, which ended on September 30, 2026, and reported GAAP net income of $1.55 billion and GAAP net income per diluted share of $1.18 on revenues of $4.14 billion.

“KLA’s September quarter beat the midpoint of guidance across all key metrics, demonstrating the accelerated growth we expected for the second half of calendar 2026,” said Rick Wallace, president and CEO of KLA Corporation. “Process control, and KLA in particular, continues to be critical to the AI ecosystem buildout and benefits from numerous ongoing inflections, including increases in leading-edge designs across foundry and logic, device size and value, memory complexity and performance requirements, and the importance of advanced packaging. In addition, KLA’s process, PCB, and component inspection businesses are benefiting from the technology transitions and the rigorous performance requirements of high-performance computing, which further augments the company’s growth profile. KLA’s market-leading product portfolio and its associated services offerings remain well positioned to address these compelling opportunities as we approach the end of calendar 2026 and look forward to calendar 2027.”

GAAP Results

Q1 FY 2027Q4 FY 2026Q1 FY 2026

Total Revenues$4,136 million$3,658 million$3,210 million

Net Income$1,549 million$1,363 million$1,121 million

Net Income per Diluted Share(1) $1.18$1.04$0.85

Non-GAAP Results

Q1 FY 2027Q4 FY 2026Q1 FY 2026

Net Income$1,603 million$1,386 million$1,167 million

Net Income per Diluted Share(1) $1.22$1.05$0.88

(1)All per share amounts referenced herein have been retroactively adjusted to reflect the ten-for-one stock split effective June 11, 2026.

A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discuss the results for its fiscal year 2027 first quarter, along with its outlook, on a conference call today beginning at 2:00 p.m. Pacific Time. A webcast of the call will be available at: ir.kla.com.

Second Quarter Fiscal 2027 Guidance

The following details our guidance for the second quarter of fiscal 2027 ending in December:

•Total revenues are expected to be in a range of $4.7 billion +/- $200 million

•GAAP gross margin is expected to be in a range of 61.8% +/- 1.0%

•Non-GAAP gross margin is expected to be in a range of 62.5% +/- 1.0%

•GAAP diluted EPS is expected to be in a range of $1.41 +/- $0.11

•Non-GAAP diluted EPS is expected to be in a range of $1.44 +/- $0.11

1

For additional details and assumptions underlying our guidance metrics, please see the company’s published Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic on the KLA investor relations website (ir.kla.com). Such Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic are not incorporated by reference into this earnings release.

About KLA:

KLA Corporation (“KLA”) develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging and printed circuit boards. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at: www.kla.com.

Note Regarding Forward-Looking Statements:

Statements in this press release other than historical facts, such as statements pertaining to the amount and timing of dividends, the amount and timing of share repurchases, total revenues, GAAP and non-GAAP gross margin and GAAP and non-GAA

EX-99.1

2 exhibit991earningsrelease7.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Investor Relations:Media Relations:

Kevin Kessel, CFAMike Dulin

Vice President, Investor RelationsCorporate Communications

ir@kla.commedia@kla.com

KLA CORPORATION REPORTS FISCAL 2026 FOURTH QUARTER AND FULL YEAR RESULTS

•For the quarter, total revenues were $3.66 billion, above the midpoint of the guidance range;

•GAAP diluted EPS was $1.04, at the upper end of the guidance range, and non-GAAP diluted EPS was $1.05, at the upper end of the guidance range;

•Cash flow from operating activities for the quarter and fiscal year was $906.4 million and $4.14 billion, respectively, and free cash flow was $817.1 million and $3.77 billion, respectively;

•Capital returns for the quarter and fiscal year were $876.3 million and $3.35 billion, respectively; and

•On June 11, 2026, after the market close, the company effected a ten-for-one stock split of its common stock and a proportional increase in the number of authorized shares of common stock. Share and per share information throughout this press release have been retroactively adjusted to reflect the stock split.

MILPITAS, Calif., July 28, 2026 - KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its fourth quarter and fiscal year ended June 30, 2026. KLA reported GAAP net income of $1.36 billion and GAAP diluted earnings per share (“EPS”) of $1.04 on total revenues of $3.66 billion for the fourth quarter of fiscal year 2026. For the fiscal year ended June 30, 2026, KLA reported GAAP net income of $4.83 billion and GAAP diluted EPS of $3.66 on total revenues of $13.58 billion.

“KLA’s June quarter results reinforce that the trends driving our growth are strengthening, and we see momentum across our business accelerating in the second half of calendar 2026 and continuing through 2027,” said Rick Wallace, president and CEO of KLA Corporation. “KLA remains uniquely positioned on the critical path of AI infrastructure expansion, where the increasing number and sophistication of leading-edge designs across foundry/logic and the rising complexity and performance specifications in memory are driving greater demand for process control. In addition, the AI infrastructure buildout is also driving new growth opportunities in advanced packaging where KLA’s market-leading process control product portfolio is well positioned.”

GAAP Results

Q4 FY 2026Q3 FY 2026Q4 FY 2025

Total Revenues$3,658 million$3,415 million$3,175 million

Net Income$1,363 million$1,201 million$1,203 million

Net Income per Diluted Share$1.04$0.91$0.91

Non-GAAP Results

Q4 FY 2026Q3 FY 2026Q4 FY 2025

Net Income$1,386 million$1,239 million$1,244 million

Net Income per Diluted Share$1.05$0.94$0.94

A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discuss the results for its fiscal year 2026 fourth quarter and full year, along with its outlook, on a conference call today beginning at 2:00 p.m. Pacific Time. A webcast of the call will be available at: ir.kla.com.

First Quarter Fiscal 2027 Guidance

The following details our guidance for the first quarter of fiscal 2027 ending in September:

•Total revenues are expected to be in a range of $4.0 billion +/- $200 million

•GAAP gross margin is expected to be in a range of 61.6% +/- 1.0%

•Non-GAAP gross margin is expected to be in a range of 62.5% +/- 1.0%

1

•GAAP diluted EPS is expected to be in a range of $1.14 +/- $0.10

•Non-GAAP diluted EPS is expected to be in a range of $1.16 +/- $0.10

For additional details and assumptions underlying our guidance metrics, please see the company’s published Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic on the KLA investor relations website (ir.kla.com). Such Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic are not incorporated by reference into this earnings release.

About KLA:

KLA Corporation (“KLA”) develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging and printed circuit boards. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at: www.kla.com.

Note Regarding Forward-Looking Statements:

Statements in this press release other than historical facts, such as statements pertaining to the amount and timing of dividends, the amount and t

SEC.gov | Request Rate Threshold Exceeded

U.S. Securities and Exchange Commission

You’ve Exceeded the SEC’s Traffic Limit

Your request rate has exceeded the SEC’s maximum allowable requests per second. Your access to SEC.gov will be limited for 10 minutes.

Current guidelines limit each user to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. To ensure that SEC.gov remains available to all users, we reserve the right to block IP addresses that submit excessive requests.

The block will be lifted automatically by waiting 10 minutes. Continuing to exceed the SEC’s maximum allowable request rate during the time-out period will extend the duration of the time-out period. To ensure fair access for all users, please reduce the rate of your requests and visit SEC.gov again after the 10 minute time-out period has passed.

For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. For more information, contact opendata@sec.gov.

For more information, please see the SEC’s Web Site Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission.

Reference ID: 0.e618d017.1784725260.7b5f6c0

More Information

Internet Security Policy

By using this site, you are agreeing to security monitoring and auditing. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users.

Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. §§ 1001 and 1030).

To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests.

If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.

Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users.

Note: We do not offer technical support for developing or debugging scripted downloading processes.