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KLA Corporation KLAC PCB And Component Inspection — Non-deductible impairment of goodwill

Other segment segments

Semiconductor Process Control
$277.6M0.0%

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Other financials

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

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Market cap$299.82B+148%
Enterprise value$305.67B+142%
P/E64.2×+34.5×
P/S22.9×+13.0×

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×

Where this comes from

Reported directly by KLA Corporation in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: KLA Corporation’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KLA Corporation's PCB and component inspection — non-deductible impairment of goodwill?
KLA Corporation (KLAC) reported PCB and component inspection — non-deductible impairment of goodwill of $70.5M in Q1 2026.
How has KLA Corporation's PCB and component inspection — non-deductible impairment of goodwill changed year-over-year?
KLA Corporation's PCB and component inspection — non-deductible impairment of goodwill decreased by 0.0% year-over-year, from $70.5M to $70.5M.
What does PCB and component inspection — non-deductible impairment of goodwill mean?
Represents the portion of goodwill impairment charges within the PCB and Component Inspection segment that cannot be deducted for tax purposes. This occurs when the carrying value of the segment's goodwill exceeds its fair value and the underlying tax jurisdiction does not allow for a tax shield on the write-down. It serves as a non-cash indicator of diminished business unit value.