What is KLA Corporation's deferred tax assets?

KLA Corporation (KLAC) reported deferred tax assets of $444.18M in Q1 2026.

How has KLA Corporation's deferred tax assets changed year-over-year?

KLA Corporation's deferred tax assets increased by 9.4% year-over-year, from $405.91M to $444.18M.

What is the long-term trend for KLA Corporation's deferred tax assets?

Over 4 years (2021 to 2025), KLA Corporation's deferred tax assets has grown at a -9.0% compound annual growth rate (CAGR), from $650.62M to $446.95M.

What does deferred tax assets mean?

Future tax savings that the company expects to realize due to past accounting differences or tax losses.

Non-Current Assets

Deferred Tax Assets

KLA Corporation Deferred Tax Assets decreased by 1.9% to $444.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $405.91M to $444.18M. Over 4 years (FY 2021 to FY 2025), Deferred Tax Assets shows a downward trend with a -9.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2015

Last reportedQ3 2026Apr 30, 2026

How to read this metric

An increase can signal future tax efficiency or the utilization of past losses, while a decrease may indicate the realization of those benefits.

Detailed definition

These are assets on the balance sheet that represent future tax savings resulting from temporary differences between the...

Peer comparison

Common in large, capital-intensive companies; peers with significant R&D spending often have large deferred tax assets from tax credits.

Metric ID: deferred_tax_assets

Historical Data

20 periods

	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Value	$650.62M	$625.54M	$679.69M	$660.82M	$658.94M	$557.83M	$559.35M	$514.27M	$529.29M	$505.81M	$493.97M	$480.27M	$486.69M	$471.58M	$423.63M	$405.91M	$446.95M	$464.52M	$452.68M	$444.18M
QoQ Change	—	-3.9%	+8.7%	-2.8%	-0.3%	-15.3%	+0.3%	-8.1%	+2.9%	-4.4%	-2.3%	-2.8%	+1.3%	-3.1%	-10.2%	-4.2%	+10.1%	+3.9%	-2.5%	-1.9%
YoY Change	—	—	—	—	+1.3%	-10.8%	-17.7%	-22.2%	-19.7%	-9.3%	-11.7%	-6.6%	-8.0%	-6.8%	-14.2%	-15.5%	-8.2%	-1.5%	+6.9%	+9.4%

Range$405.91M – $679.69M

CAGR-7.7%

Avg YoY Growth-8.4%

Median YoY Growth-8.7%

Current Streak2 quarters decline

Deferred Tax Assets at Other Companies

Applied MaterialsAMAT View metric

EntegrisENTG View metric

MKS InstrumentsMKSI View metric

Microchip TechnologyMCHP View metric

Carpenter TechnologyCRS View metric

Frequently Asked Questions

What is KLA Corporation's deferred tax assets?: KLA Corporation (KLAC) reported deferred tax assets of $444.18M in Q1 2026.
How has KLA Corporation's deferred tax assets changed year-over-year?: KLA Corporation's deferred tax assets increased by 9.4% year-over-year, from $405.91M to $444.18M.
What is the long-term trend for KLA Corporation's deferred tax assets?: Over 4 years (2021 to 2025), KLA Corporation's deferred tax assets has grown at a -9.0% compound annual growth rate (CAGR), from $650.62M to $446.95M.
What does deferred tax assets mean?: Future tax savings that the company expects to realize due to past accounting differences or tax losses.