Q4 26 EPS
$1.05
BEAT +5.14%
Est. $1.00
Q4 26 Revenue
$3.66B
BEAT +1.52%
Est. $3.60B
vs S&P Since Q4 26
-5.6%
TRAILING MARKET
KLAC +0.9% vs S&P +6.4%
Full Year 2026 Results
FY 26 EPS
$3.76
BEAT +1.50%
Est. $3.70
FY 26 Revenue
$13.58B
BEAT +0.45%
Est. $13.52B
Market Reaction
Did KLAC Beat Earnings? Q4 2026 Results
KLA Corporation delivered a clean beat across the board in fiscal Q4 2026, with revenue of $3.66 billion coming in 1.52% above the $3.60 billion consensus and non-GAAP diluted EPS of $1.05 topping the $1.00 estimate by 5.14%, extending the company's … Read more KLA Corporation delivered a clean beat across the board in fiscal Q4 2026, with revenue of $3.66 billion coming in 1.52% above the $3.60 billion consensus and non-GAAP diluted EPS of $1.05 topping the $1.00 estimate by 5.14%, extending the company's streak of consensus EPS beats to five consecutive quarters. Revenue grew 15.2% year over year, powered by the Semiconductor Process Control segment, which generated $3.26 billion in quarterly revenue as AI infrastructure buildout intensified demand for leading-edge process control equipment. GAAP net income climbed to $1.36 billion from $1.20 billion a year earlier, while the company returned $876.33 million to shareholders through buybacks and dividends in the quarter alone. Despite a notable stock pullback in the weeks leading into the report amid investor concern over U.S. Export restrictions affecting China sales, KLA's forward outlook remained constructive; management guided Q1 FY2027 revenue to $4.00 billion, plus or minus $200 million, with non-GAAP EPS of $1.16, plus or minus $0.10, signaling continued growth acceleration through 2027.
Key Takeaways
- • AI infrastructure expansion driving demand for process control
- • Increasing number and sophistication of leading-edge designs across foundry/logic
- • Rising complexity and performance specifications in memory
- • Growth opportunities in advanced packaging
- • Product revenue growth to $2.84 billion from $2.47 billion year-over-year
- • Service revenue growth to $820 million from $703 million year-over-year
KLAC Forward Guidance & Outlook
For Q1 FY2027 (quarter ending September 2026), KLA expects total revenues of $4.0 billion +/- $200 million, GAAP gross margin of 61.6% +/- 1.0%, non-GAAP gross margin of 62.5% +/- 1.0%, GAAP diluted EPS of $1.14 +/- $0.10, and non-GAAP diluted EPS of $1.16 +/- $0.10. CEO Rick Wallace indicated that growth momentum is accelerating in the second half of calendar 2026 and is expected to continue through 2027, driven by AI infrastructure expansion, increasing leading-edge design complexity, and rising memory performance specifications.
KLAC YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
KLAC Revenue by Segment
With YoY comparisons, source: SEC Filings
“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.”
— Rick Wallace, Q4 2026 Earnings Press Release
KLAC Earnings Trends
KLAC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
KLAC EPS Trend
Earnings per share: estimate vs actual
KLAC Revenue Trend
Quarterly revenue: estimate vs actual
KLAC Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $1.00 | $1.05 | +5.14% | $3.66B | +1.52% |
| FY Full Year | $3.70 | $3.76 | +1.50% | $13.58B | +0.45% |
| Q3 26 BEAT | $9.17 | $9.40 | +2.50% | $3.42B | +1.09% |
| Q2 26 BEAT | $8.80 | $8.85 | +0.59% | $3.30B | +1.43% |
| Q1 26 BEAT | $8.62 | $8.81 | +2.24% | $3.21B | +1.25% |
| Q4 25 BEAT FY | $8.55 | $9.38 | +9.67% | $3.17B | +3.08% |
| FY Full Year | $32.56 | $33.28 | +2.20% | $12.16B | +0.70% |
| Q3 25 BEAT | $8.08 | $8.41 | +4.03% | $3.06B | +1.77% |