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KLA Corp. KLAC Q3 2026 earnings

Reported April 29, 2026 · After market close

Revenue$3.4BBeat by $41.2M
EPS$9.40Beat by $0.23
Revenue estimate$3.4B
EPS estimate$9.17
KLA delivered strong March quarter results exceeding the midpoint of our guidance ranges on both revenue and earnings per share. Our business momentum remains robust, and we are highly confident in our outlook for calendar year 2026, At our recent Investor Day, we highlighted KLA’s critical role as a key enabler of the AI ecosystem and our continued benefits from the global AI infrastructure buildout across all major growth vectors, including foundry/logic, memory, advanced packaging, and services. KLA’s market leadership was further reinforced by recently published third-party industry reports showing continued market share momentum in process control. Our recent capital return actions, including the 17th consecutive annual dividend increase and an additional $7 billion stock repurchase authorization, underscore our confidence in KLA’s durable value creation and the 2030 target model we have outlined.
Rick Wallace

Next report

Oct 28, 2026 (in 2 months)
Revenue estimate$4.0B
EPS estimate$1.17

Financials

Q3 2026

Income statement

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Revenue$3.4B+11.5%
Gross profit$2.1B+10.6%
Net income$1.2B+10.3%
EPS (diluted)$9.12+11.8%

Balance sheet

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Cash & equivalents$292.0M-38.3%
Total debt$6.1B+0.9%
Total equity$5.8B+45.6%
Total assets$16.9B+11.1%

Cash flow

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Operating cash flow$707.5M-34.0%
CapEx$85.2M+3.7%
Free cash flow$622.3M-37.1%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$193B+114%
Enterprise value$198.85B+107%
P/E41.3×+16.9×
P/S14.7×+6.9×

Profitability

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Gross margin61.4%+0.9pp
Net margin35.7%+3.7pp
FCF margin30.7%+0.2pp

Returns & leverage

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Return on equity95%-9.1pp
Debt / equity1.1×-0.5×
Current ratio+0.5×

Segments

By product

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Wafer Inspection$1.7B+16.3%
Service$774.8M+15.8%
Patterning$615.1M-3.4%
Specialty Semiconductor Process$144.2M+4.2%
Other$46.2M+142%

By segment

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Semiconductor Process Control$3.1B+12.6%
Specialty Semiconductor Process$164.0M+4.8%
PCB and Component Inspection$95.1M-8.7%

FAQ

When did KLA Corp. report Q3 2026 earnings?
KLA Corp. (KLAC) reported Q3 2026 earnings on April 29, 2026 after market close.
What were KLA Corp.'s Q3 2026 revenue and EPS?
KLA Corp. reported revenue of $3.4B and eps of $9.40 for Q3 2026.
Did KLA Corp. beat estimates in Q3 2026?
Revenue beat the consensus estimate of $3.4B by $41.2M. EPS beat the consensus estimate of $9.17 by $0.23.
How did KLA Corp.'s Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.5% from $3.1B a year earlier and eps grew 11.8% from $8.41.
Where can I find KLA Corp.'s Q3 2026 SEC filings?
You can read the 8-K earnings release (0000319201-26-000014) and the 10-Q periodic report (0000319201-26-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.