Non-Current Assets

Construction in progress

KLA Corporation Construction in progress increased by 4.8% to $220.76M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.2%, from $287.29M to $220.76M. Over 4 years (FY 2021 to FY 2025), Construction in progress shows an upward trend with a 3.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026
Parent metricPP&E (Net)

How to read this metric

A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.

Detailed definition

The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....

Peer comparison

Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.

Metric ID: ppe_construction_in_progress

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$182.32M$215.04M$236.54M$156.32M$110.08M$150.97M$159.55M$147.93M$168.82M$169.31M$201.45M$186.09M$215.01M$241.06M$255.85M$287.29M$207.81M$204.45M$210.61M$220.76M
QoQ Change+17.9%+10.0%-33.9%-29.6%+37.2%+5.7%-7.3%+14.1%+0.3%+19.0%-7.6%+15.5%+12.1%+6.1%+12.3%-27.7%-1.6%+3.0%+4.8%
YoY Change-39.6%-29.8%-32.5%-5.4%+53.4%+12.1%+26.3%+25.8%+27.4%+42.4%+27.0%+54.4%-3.3%-15.2%-17.7%-23.2%
% of PP&E (Net)27.5%30.8%33.0%19.3%13.0%16.5%16.5%15.0%16.4%16.0%18.5%16.8%19.4%21.6%21.8%24.0%16.6%15.7%15.7%16.2%
Share Change+3.3pp+2.2pp-13.7pp-6.4pp+3.6pp+0.0pp-1.5pp+1.3pp-0.4pp+2.5pp-1.7pp+2.5pp+2.2pp+0.2pp+2.2pp-7.4pp-0.9pp-0.0pp+0.5pp
Range$110.08M$287.29M
CAGR+4.1%
Avg YoY Growth+6.4%
Median YoY Growth+4.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is KLA Corporation's construction in progress?
KLA Corporation (KLAC) reported construction in progress of $220.76M in Q1 2026.
How has KLA Corporation's construction in progress changed year-over-year?
KLA Corporation's construction in progress decreased by 23.2% year-over-year, from $287.29M to $220.76M.
What is the long-term trend for KLA Corporation's construction in progress?
Over 4 years (2021 to 2025), KLA Corporation's construction in progress has grown at a 3.3% compound annual growth rate (CAGR), from $182.32M to $207.81M.
What does construction in progress mean?
The value of capital projects currently being built but not yet in use.