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KLA Corp. KLAC Construction in progress

Construction in progress at other companies

UCT
Ultra Clean HoldingsUCTT
$24M-46.1%
Kulicke & Soffa Industries logo
Kulicke & Soffa IndustriesKLIC
$14.59M+107%

Other financials

Income statement

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Revenue$3.7B+15.2%
Gross profit$2.2B+14.1%
Net income$1.4B+13.3%
EPS (diluted)$9.12+11.8%

Balance sheet

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Cash & equivalents$1.6B+277%
Total debt$6.2B+1.0%
Total equity$6.3B+35.3%
Total assets$18.0B+11.7%

Cash flow

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Operating cash flow$906.4M-22.2%
CapEx$89.3M-11.1%
Free cash flow$817.1M-23.2%

Valuation

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Market cap$258.84B+116%
Enterprise value$263.34B+109%
P/E53.6×+24.0×
P/S19.1×+9.2×

Profitability

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Gross margin61.3%+0.4pp
Net margin35.6%+2.2pp
FCF margin27.7%-3.1pp

Returns & leverage

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Return on equity87.5%-13.3pp
Debt / equity-0.3×
Current ratio2.9×+0.3×

Where this comes from

Reported directly by KLA Corp. in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The source filing: KLA Corp.’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 6:14 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000319201-26-000016
(In thousands)As of / March 31, 2026As of / June 30, 2025
Buildings and leasehold improvements1,236,9631,132,176
Machinery and equipment1,373,5861,238,599
Office furniture and fixtures80,48273,993
Construction-in-process220,756207,807
2,998,4412,739,252
Less: accumulated depreciation(1,634,657)(1,486,477)
$1,363,784$1,252,775
Other non-current assets:

Item 1. Financial Statements (Unaudited)

FAQ

What is KLA Corp.'s construction in progress?
KLA Corp. (KLAC) reported construction in progress of $220.76M in Q1 2026.
How has KLA Corp.'s construction in progress changed year-over-year?
KLA Corp.'s construction in progress decreased by 23.2% year-over-year, from $287.29M to $220.76M.
What is the long-term trend for KLA Corp.'s construction in progress?
Over 4 years (2021 to 2025), KLA Corp.'s construction in progress has grown at a 3.3% compound annual growth rate (CAGR), from $182.32M to $207.81M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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