Process control and yield management specialist for semiconductor manufacturing, with strong leverage to advanced-node complexity.MoreShow less
Profile & Fundamentals
KLA-Tencor (KLAC.NASDAQ) Profile & Fundamentals
Review KLA-Tencor reported earnings, valuation, balance sheet and ownership, with source tables and separate AI assessments.
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Company and Market Context
KLA-Tencor: Company Profile & Ownership
KLA Corporation, together with its subsidiaries, provides process control and process-enabling solutions for manufacturing wafers, reticles/masks, chemicals/materials, integrated circuits (ICs), packaged ICs, and printed circuit boards. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection. The company offers inspection and review tools to identify, locate, characterize, review, and analyze defects on various surfaces of patterned and unpatterned wafers; chemical process control equipment; wired and wireless sensor wafers and reticles; wafer defect inspection, review, and metrology systems; reticle inspection and metrology systems; wafer inspection and metrology systems; semiconductor software solutions; KLA Pro systems; and specialty semiconductor manufacturing, benchtop metrology, surface characterization, material strength characterization, and electrical property measurement products. It also provides etch, plasma dicing, deposition and other wafer processing technologies and solutions; direct imaging, inspection, optical shaping, inkjet, and additive printing, as well as computer-aided manufacturing and engineering solutions; and components. In addition, the company offers service programs. It serves semiconductor, and semiconductor-related and electronic device manufacturers. The company operates in China, Taiwan, Korea, North America, Japan, Europe, Israel, and rest of Asia. The company was formerly known as KLA-Tencor Corporation and changed its name to KLA Corporation in July 2019. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
Company profile record
KLA Corporation
Common Stock · Information Technology · Semiconductor Materials & Equipment
Company
- Company / asset
- KLA Corporation
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Semiconductor Materials & Equipment
- HQ
- 🇺🇸 United States
- Head office
- One Technology Drive, Milpitas, CA, United States, 95035
Leadership & scale
- Chief executive
- Mr. Richard P. Wallace
- CEO year born
- 1960
- Full-time employees
- 17K
- Fiscal year end
- June
- IPO date
- 1980-10-08
Fundamentals snapshot
- Market Cap
- USD 181.6B
- P/E
- 34.5x
- Revenue (Q3 26)
- USD 4.1B
- Profit (Q3 26)
- USD 1.5B
- Dividend Yield
- 3.2%
- Revenue (FY 26)
- USD 13.6B
- Shares in public float
- 1.3B
- Insider ownership
- 0.11%
Reporting & identifiers
- Symbol
- KLAC.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US4824801009
- Asset ID
- equity_1f7d6c01-9f20-5a04-be70-9f4a9bfe3abc
KLA-Tencor: Ownership
Shares Outstanding
Latest: 1.3B | Max: 1.6B | Min: 1.3B
Latest reported ownership snapshot
Float Shares
99.15%
1.3B latest reported shares
Insider Ownership
0.11%
Latest reported insider stake
Short Float
0.02%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 1,565,870,000 |
| 2018-01-01 | 1,526,480,000 |
| 2019-01-01 | 1,586,200,000 |
| 2020-01-01 | 1,555,600,000 |
| 2021-01-01 | 1,523,310,000 |
| 2022-01-01 | 1,419,660,000 |
| 2023-01-01 | 1,362,540,000 |
| 2024-01-01 | 1,344,150,000 |
| 2025-01-01 | 1,320,090,000 |
| 2026-01-01 | 1,311,064,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 126,198,653 | 9.69% | 2026-06-30 |
| Vanguard Capital Management, LLC | 85,323,770 | 6.55% | 2026-06-30 |
| State Street Corp | 62,892,994 | 4.83% | 2026-06-30 |
| Capital World Investors | 45,318,111 | 3.48% | 2026-06-30 |
| Amvescap Plc. | 44,848,852 | 3.44% | 2026-06-30 |
| FMR Inc | 43,007,912 | 3.3% | 2026-06-30 |
| Vanguard MStar Total Stk Mkt Idx Invest | 41,472,208 | 3.18% | 2026-09-30 |
| Vanguard Portfolio Management, LLC | 39,388,674 | 3.02% | 2026-06-30 |
| Geode Capital Management, LLC | 36,488,344 | 2.8% | 2026-06-30 |
| Capital Research & Mgmt Co - Division 3 | 35,558,216 | 2.73% | 2026-06-30 |
| Vanguard 500 Index Investor | 34,314,018 | 2.63% | 2026-09-30 |
| Invesco QQQ Trust | 27,180,333 | 2.09% | 2026-10-30 |
| PRIMECAP Management Company | 20,536,730 | 1.58% | 2026-06-30 |
| The Goldman Sachs Group Inc | 20,065,542 | 1.54% | 2026-06-30 |
| NORGES BANK | 19,565,355 | 1.5% | 2026-06-30 |
KLA-Tencor: Earnings, Profitability & Valuation
Latest Financials Filed On
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company delivered impressive top-line growth in fiscal 2026, generating $13.58 billion in revenue, up 11.7% year-over-year, while net income climbed nearly 19% to $4.83 billion. This earnings momentum was fueled by heavy investments in leading-edge logic chips and surging demand for advanced packaging inspection systems. High-margin maintenance contracts also provided dependable baseline stability. However, a closer look at the cash statement reveals a less flattering trend. Free cash flow remained virtually flat at $3.77 billion, rising under 1% as money became tied up in customer receivables and pre-shipment inventory. For the earnings expansion to remain genuine and support future share buybacks, this working capital must convert cleanly into distributable cash.
The company delivered impressive top-line growth in fiscal 2026, generating $13.58 billion in revenue, up 11.7% year-over-year, while net income climbed nearly 19% to $4.83 billion. This earnings momentum was fueled by heavy investments in leading-edge logic chips and surging demand for advanced packaging inspection systems. High-margin maintenance contracts also provided dependable baseline stability. However, a closer look at the cash statement reveals a less flattering trend. Free cash flow remained virtually flat at $3.77 billion, rising under 1% as money became tied up in customer receivables and pre-shipment inventory. For the earnings expansion to remain genuine and support future share buybacks, this working capital must convert cleanly into distributable cash.
Revenue, Net Income, and Free Cash Flow
Latest: USD 13.6B | Max: USD 13.6B | Min: USD 802.3M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 82x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability remains among the highest in the global technology hardware sector, with gross margin reaching 61.3% and operating margin hitting 41.7% in fiscal 2026. These elite margins reflect absolute pricing power derived from proprietary inspection platforms, where chipmakers gladly pay premium prices to identify microscopic defects that would otherwise destroy entire production batches. Crucially, over a quarter of total sales now comes from high-margin maintenance services and recurring software licenses. This growing service annuity establishes a structural operating margin floor near 40%, ensuring that company profitability remains well protected against component inflation, trade tariffs, and temporary pauses in new equipment orders.
Profitability remains among the highest in the global technology hardware sector, with gross margin reaching 61.3% and operating margin hitting 41.7% in fiscal 2026. These elite margins reflect absolute pricing power derived from proprietary inspection platforms, where chipmakers gladly pay premium prices to identify microscopic defects that would otherwise destroy entire production batches. Crucially, over a quarter of total sales now comes from high-margin maintenance services and recurring software licenses. This growing service annuity establishes a structural operating margin floor near 40%, ensuring that company profitability remains well protected against component inflation, trade tariffs, and temporary pauses in new equipment orders.
Profitability Margins
Latest: 61.3% | Max: 64.1% | Min: 19.9%
Latest Profitability Ratios as of 2026-06-30
Gross Margin
61.3%
Gross profit / revenue
Operating Margin
41.7%
Operating income / revenue
Net Margin
35.6%
Net income / revenue
FCF Margin
27.7%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2017-06-30 | 3,480,014,000 | 926,076,000 | 1,041,071,000 |
| 2018-06-30 | 4,036,701,000 | 802,265,000 | 1,162,173,000 |
| 2019-06-30 | 4,568,904,000 | 1,175,617,000 | 1,022,134,000 |
| 2020-06-30 | 5,806,424,000 | 1,216,785,000 | 1,626,175,000 |
| 2021-06-30 | 6,918,734,000 | 2,078,292,000 | 1,953,397,000 |
| 2022-06-30 | 9,211,883,000 | 3,321,807,000 | 3,005,382,000 |
| 2023-06-30 | 10,496,056,000 | 3,387,277,000 | 3,328,214,000 |
| 2024-06-30 | 9,812,247,000 | 2,761,896,000 | 3,031,191,000 |
| 2025-06-30 | 12,156,162,000 | 4,061,643,000 | 3,741,694,000 |
| 2026-06-30 | 13,579,476,000 | 4,830,771,000 | 3,767,134,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2026-06-30 | 82.4 | Trailing four quarters |
| 2025-06-30 | 291.1 | Trailing four quarters |
| 2024-06-30 | 401.3 | Trailing four quarters |
| 2023-06-30 | 195.1 | Annual net income |
| 2022-06-30 | 136.4 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2017-06-30 | 63 | 36.67 | 26.61 | 29.92 |
| 2018-06-30 | 64.14 | 38.08 | 19.87 | 28.79 |
| 2019-06-30 | 59.08 | 30.41 | 25.73 | 22.37 |
| 2020-06-30 | 57.81 | 30.29 | 20.96 | 28.01 |
| 2021-06-30 | 59.93 | 35.97 | 30.04 | 28.23 |
| 2022-06-30 | 61 | 39.67 | 36.06 | 32.63 |
| 2023-06-30 | 59.81 | 38.06 | 32.27 | 31.71 |
| 2024-06-30 | 59.97 | 37.05 | 28.15 | 30.89 |
| 2025-06-30 | 60.91 | 41.25 | 33.41 | 30.78 |
| 2026-06-30 | 61.3 | 41.69 | 35.57 | 27.74 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Snapshot retrieved 2026-11-05.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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