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KLA Corporation KLAC Semiconductor Process Control — Non-deductible impairment of goodwill

Other segment segments

PCB And Component Inspection
$70.5M0.0%

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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 semiconductor process control — non-deductible impairment of goodwill?
KLA Corporation (KLAC) reported semiconductor process control — non-deductible impairment of goodwill of $277.6M in Q1 2026.
How has KLA Corporation's semiconductor process control — non-deductible impairment of goodwill changed year-over-year?
KLA Corporation's semiconductor process control — non-deductible impairment of goodwill decreased by 0.0% year-over-year, from $277.6M to $277.6M.
What does semiconductor process control — non-deductible impairment of goodwill mean?
This represents the write-down of goodwill value within the semiconductor process control segment that cannot be deducted for tax purposes. It signals that the fair value of the segment's acquired assets has fallen below their carrying value. This is a critical indicator of potential overpayment for past acquisitions or a decline in the segment's long-term growth prospects.