Other

Construction work in progress

KLA Corporation Construction work 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 work in progress shows an upward trend with a 3.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Apr 30, 2026

How to read this metric

An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.

Detailed definition

This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...

Peer comparison

Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.

Metric ID: other_construction_in_progress_gross

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%
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 work in progress?
KLA Corporation (KLAC) reported construction work in progress of $220.76M in Q1 2026.
How has KLA Corporation's construction work in progress changed year-over-year?
KLA Corporation's construction work 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 work in progress?
Over 4 years (2021 to 2025), KLA Corporation's construction work in progress has grown at a 3.3% compound annual growth rate (CAGR), from $182.32M to $207.81M.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.