Citable filing context

KLAC filing events and research context

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KLAC's research view summarizes recent SEC filing context, starting with other from May 7, 2026.

KLAC filing events and research context
FiledItemContext
May 7, 2026otherKLA Corporation's Board approved a ten-for-one forward stock split of its common stock.
Apr 29, 2026earningsKLA Corporation announced its financial and operating results for the third quarter of fiscal year 2026.
Mar 12, 2026otherKLA Corporation hosted an investor day on March 12, 2026, with presentations from executive management.
May 7, 2026Guidance: dividend_per_share0.23 to 0.23
Apr 29, 2026Guidance: gaap_diluted_eps8.66 to 10.66
Apr 29, 2026Guidance: gaap_gross_margin59.72 to 61.72
Apr 30, 2026mda_quarterlyKLAC, a leading supplier of process control and yield management solutions for the semiconductor industry, reported an 11% increase in total revenues to $3.415 billion for the three months ended March 31, 2026. This growth was primarily driven by higher product revenues (up 10%) and a 16% rise in recurring service revenues, which now constitute 23% of total revenue. Key drivers include increased investments from memory customers, particularly in DRAM and high-bandwidth memory, and steady growth in foundry/logic. The Semiconductor Process Control segment saw a 13% revenue increase, with Wafer Inspection revenue up 16%. Geographically, Korea revenues surged 80% due to memory investments, and North America grew 40% from both memory and foundry/logic customers. China revenues increased 5%, supported by legacy node demand despite U.S. export controls. Gross margin slightly decreased to 61.1% from 61.6%, impacted by rising DRAM chip costs, tariffs, and higher installation/warranty expenses. Research and Development expenses increased 15%, reflecting continued investment in AI, EUV, and 2nm node technologies. The company generated $3.24 billion in operating cash flow over nine months, returning $626 million to shareholders via repurchases and increasing its quarterly dividend to $2.30 per share. KLAC maintains a strong liquidity position with $4.96 billion in cash and marketable securities.
Jan 30, 2026mda_quarterlyKLAC, a leading supplier of process control and yield management solutions for the semiconductor industry, reported a 7% increase in total revenues to $3.30 billion for the three months ended December 31, 2025. This growth was primarily driven by an 18% rise in service revenues, reflecting an expanding installed base, and a 4% increase in product revenues. Product revenue growth was fueled by higher investments from memory customers, particularly in DRAM and high-bandwidth memory, alongside strong adoption of advanced packaging products. This was partially offset by reduced shipments to foundry/logic customers. Gross margin improved to 61.4% from 60.3% in the prior year period. The Semiconductor Process Control segment saw a 9% revenue increase, benefiting from DRAM and advanced packaging demand. Conversely, the Specialty Semiconductor Process segment experienced a 12% revenue decrease, largely due to lower volumes sold, particularly in China, impacted by U.S. export controls. PCB and Component Inspection revenue declined 6% due to the exit of the Display business, despite growth in advanced packaging. Geographically, China revenues decreased 9% due to export controls, while Korea revenues surged 34% from increased memory investments. Taiwan revenues were down 4% for the quarter but up 22% year-to-date, driven by leading-edge and AI demand. Looking ahead, KLAC anticipates continued revenue growth in calendar year 2026, though escalating costs for DRAM chips used in its image computers are expected to negatively impact gross margin. The company maintains strong liquidity with $5.21 billion in cash, cash equivalents, and marketable securities, and returned $1.09 billion to shareholders through repurchases while increasing its quarterly dividend to $1.90 per share.

Source: SEC EDGAR filing text and events; period May 7, 2026; filed May 7, 2026.

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