Current Liabilities
Income Taxes Payable
KLA Corporation Income Taxes Payable decreased by 26.5% to $117.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.6%, from $200.87M to $117.23M. Over 4 years (FY 2021 to FY 2025), Income Taxes Payable shows an upward trend with a 17.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical 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 | $87.32M | $162.49M | $125.54M | $120.80M | $126.96M | $278.40M | $225.01M | $313.32M | $383.01M | $517.77M | $164.10M | $84.36M | $146.74M | $347.50M | $185.19M | $200.87M | $167.26M | $199.97M | $159.41M | $117.23M |
| QoQ Change | — | +86.1% | -22.7% | -3.8% | +5.1% | +119.3% | -19.2% | +39.2% | +22.2% | +35.2% | -68.3% | -48.6% | +74.0% | +136.8% | -46.7% | +8.5% | -16.7% | +19.6% | -20.3% | -26.5% |
| YoY Change | — | — | — | — | +45.4% | +71.3% | +79.2% | +159.4% | +201.7% | +86.0% | -27.1% | -73.1% | -61.7% | -32.9% | +12.9% | +138.1% | +14.0% | -42.5% | -13.9% | -41.6% |
Range$84.36M – $517.77M
CAGR+6.4%
Avg YoY Growth+32.2%
Median YoY Growth+13.4%
Current Streak2 quarters decline
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is KLA Corporation's income taxes payable?
- KLA Corporation (KLAC) reported income taxes payable of $117.23M in Q1 2026.
- How has KLA Corporation's income taxes payable changed year-over-year?
- KLA Corporation's income taxes payable decreased by 41.6% year-over-year, from $200.87M to $117.23M.
- What is the long-term trend for KLA Corporation's income taxes payable?
- Over 4 years (2021 to 2025), KLA Corporation's income taxes payable has grown at a 17.6% compound annual growth rate (CAGR), from $87.32M to $167.26M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.