Free cash flow
KLA Corporation Free cash flow increased by 18.4% to $1.26B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 66.7%, from $757.19M to $1.26B. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 17.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $410.25M | $794.84M | $745.90M | $718.57M | $746.07M | $927.19M | $594.65M | $925.94M | $880.43M | $815.70M | $545.44M | $838.19M | $831.87M | $934.85M | $757.19M | $990.02M | $1.06B | $1.07B | $1.26B |
| QoQ Change | — | +93.7% | -6.2% | -3.7% | +3.8% | +24.3% | -35.9% | +55.7% | -4.9% | -7.4% | -33.1% | +53.7% | -0.8% | +12.4% | -19.0% | +30.7% | +7.5% | +0.1% | +18.4% |
| YoY Change | — | — | — | — | +81.9% | +16.7% | -20.3% | +28.9% | +18.0% | -12.0% | -8.3% | -9.5% | -5.5% | +14.6% | +38.8% | +18.1% | +28.0% | +14.0% | +66.7% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is KLA Corporation's free cash flow?
- KLA Corporation (KLAC) reported free cash flow of $1.26B in Q4 2025.
- How has KLA Corporation's free cash flow changed year-over-year?
- KLA Corporation's free cash flow increased by 66.7% year-over-year, from $757.19M to $1.26B.
- What is the long-term trend for KLA Corporation's free cash flow?
- Over 4 years (2021 to 2025), KLA Corporation's free cash flow has grown at a 17.7% compound annual growth rate (CAGR), from $1.95B to $3.75B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.