KLA Corporation

Information Technology Semiconductor Materials & Equipment Milpitas, California Last filing Aug 8, 2025 · FY2025

                    Revenue
                    FY2025
                
$12.2B
                    3y CAGR +9.7%
                    
                    P65
                    
                    +23.9%
                    
                    Net income
                    FY2025
                
$4.1B
                    Net margin +33.4%
                    
                    P89
                    
                    +47.1%
                    
                    Total assets
                    FY2025
                
$16.1B
                    ROA +25.3%
                    
                    P94
                    
                    +4.1%
                    
                    Operating cash flow
                    FY2025
                
$4.1B
                    FCF margin +30.8%
                    
                    P81
                    
                    +23.4%

18 yrs · FY2008–FY2025 8 filed · 0 derived · 1 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

34 accounts · 10 years

Total assets $16.1B

Total liabilities $11.4B

Shareholders equity $4.7B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	12.9%	12.8%	13.7%	12.6%	14.0%	13.3%	11.3%	24.9%	20.8%	22.3%
Short Term Investments	0.0%	16.2%	—	17.9%	20.4%	16.0%	16.1%	26.2%	33.7%	27.9%
Accounts Receivable	14.1%	11.9%	12.5%	14.4%	12.7%	11.9%	11.0%	11.6%	10.3%	12.4%
Inventory	20.0%	19.7%	20.4%	17.0%	15.3%	14.1%	14.0%	16.5%	13.2%	14.1%
Prepaid Expenses	1.3%	4.3%	3.5%	4.0%	3.1%	3.5%	3.6%	1.5%	1.3%	1.3%
Other Current Assets	4.5%	—	—	—	—	—	—	—	—	—
Total Current Assets	66.6%	65.0%	59.5%	56.9%	55.5%	50.9%	47.9%	80.7%	79.4%	77.9%
Property,Plant and Equipment	7.8%	7.2%	7.3%	6.7%	6.5%	5.6%	5.0%	5.1%	5.1%	5.6%
Operating Lease Assets	1.7%	1.5%	1.5%	1.0%	1.0%	1.1%	—	—	—	—
Goodwill	11.2%	13.1%	16.2%	18.4%	19.6%	22.0%	24.6%	6.3%	6.3%	6.8%
Intangible Assets	2.8%	4.3%	6.6%	9.5%	11.5%	15.0%	17.3%	0.3%	0.3%	0.1%
Long Term Investments	0.0%	—	—	—	—	—	—	—	—	—
Deferred Tax Assets	6.9%	—	—	—	—	—	—	—	—	—
Other Noncurrent Assets	4.8%	4.5%	4.5%	3.8%	4.3%	3.9%	3.0%	4.2%	3.5%	3.5%
Total Assets	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Liabilities
Accounts Payable	2.9%	2.3%	2.6%	3.5%	3.3%	2.8%	2.2%	3.0%	2.7%	2.1%
Accrued Liabilities	3.3%	2.8%	2.7%	3.0%	1.8%	2.0%	2.2%	2.2%	2.1%	2.2%
Operating Lease Liabilities	0.3%	0.2%	0.2%	0.3%	0.3%	0.3%	—	—	—	—
Other Current Liabilities	14.1%	—	—	—	—	—	—	—	—	—
Total Current Liabilities	25.4%	30.2%	26.6%	22.8%	20.5%	18.3%	19.6%	21.5%	23.4%	20.2%
Long Term Debt	36.6%	38.1%	41.9%	52.9%	33.3%	37.4%	35.2%	39.7%	48.5%	61.6%
Deferred Revenue Noncurrent	2.2%	—	—	—	—	—	—	—	—	—
Operating Lease Liabilities Noncurrent	1.0%	1.0%	1.0%	0.6%	0.7%	0.8%	—	—	—	—
Deferred Tax Liabilities	2.8%	2.6%	2.2%	3.2%	6.8%	7.7%	8.6%	0.4%	—	—
Other Noncurrent Liabilities	3.8%	4.8%	5.8%	7.0%	6.1%	7.2%	6.5%	8.7%	3.1%	3.2%
Total Liabilities	70.8%	78.2%	79.3%	88.9%	67.1%	71.1%	70.3%	71.3%	76.0%	86.1%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	1.6%	14.8%	15.0%	8.4%	21.2%	22.5%	22.4%	11.0%	9.6%	9.1%
Retained Earnings	13.6%	7.4%	6.0%	2.9%	12.4%	7.1%	7.9%	18.7%	15.3%	5.7%
Treasury Stock	13.5%	11.3%	9.4%	38.6%	9.2%	8.8%	12.2%	3.6%	0.5%	3.5%
Accumulated Other Comprehensive Income	0.0%	-0.3%	-0.3%	-0.2%	-0.7%	-0.9%	-0.8%	-1.0%	-0.9%	-1.0%
Total Stockholders Equity	29.2%	21.8%	20.7%	11.1%	32.9%	28.7%	29.5%	28.7%	24.0%	13.9%
Total Liabilitiesand Equity	100.0%	100.0%	100.0%	100.0%	100.0%	99.8%	99.8%	100.0%	100.0%	100.0%

Income Statement

Revenue, expense, and profitability

18 accounts · 10 years

Revenue $12.2B

Operating income Not reported

Net income $4.1B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	75.7%	63.6%	74.6%	73.1%	67.4%	62.6%	50.7%	71.6%	62.9%	—
Expenses Cost of Revenue	29.6%	25.5%	30.0%	28.5%	27.0%	26.4%	20.8%	25.6%	23.2%	23.4%
Expenses Research and Development	8.5%	8.3%	9.2%	8.8%	9.0%	9.3%	7.9%	10.8%	9.5%	9.7%
Expenses Selling,General and Administrative	6.4%	6.3%	7.0%	6.8%	7.1%	7.9%	6.7%	7.8%	7.0%	7.6%
Expenses Depreciation and Amortization	2.5%	1.6%	1.9%	1.8%	2.0%	2.4%	1.0%	0.1%	0.1%	0.2%
Expenses Share Based Compensation	1.6%	1.4%	1.2%	1.0%	1.1%	1.2%	1.0%	1.1%	0.9%	0.9%
Expenses Restructuring and Asset Impairment	0.0%	—	—	—	—	—	—	—	—	—
Expenses Operating Expenses	0.3%	—	—	—	—	—	—	—	—	—
Other Income Expense Interest Income	1.1%	1.0%	0.5%	0.1%	0.1%	0.2%	0.4%	0.7%	0.4%	0.3%
Other Income Expense Other Income/expense	1.1%	1.0%	0.7%	-0.0%	0.3%	-0.0%	0.3%	0.5%	-0.1%	0.1%
Other Income Expense Income Before Tax	28.9%	20.7%	26.9%	27.7%	23.0%	14.2%	14.4%	25.8%	21.2%	17.3%
Income Tax Income Tax Expense	3.6%	2.8%	2.9%	1.3%	2.8%	1.1%	1.3%	11.6%	4.5%	3.1%
net Income net Income	25.3%	17.9%	24.1%	26.4%	20.2%	13.1%	13.1%	14.2%	16.7%	14.2%
net Income Comprehensive Income	25.6%	17.8%	24.0%	26.8%	20.3%	13.0%	13.0%	14.2%	16.7%	14.0%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	0.8%	0.9%	1.0%	1.2%	1.5%	1.7%	1.7%	2.8%	2.8%	3.1%
Earnings Per Share Weighted Average Shares Diluted	0.8%	0.9%	1.0%	1.2%	1.5%	1.7%	1.7%	2.8%	2.8%	3.2%

Cash Flow Statement

Operating, investing, and financing flows

23 accounts · 10 years

Operating cash flow $4.1B

Investing cash flow $-202.5M

Financing cash flow $-3.8B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	25.3%	17.9%	24.1%	26.4%	20.2%	13.1%	13.1%	14.2%	16.7%	14.2%
Operating Activities Depreciation and Amortization	2.5%	1.6%	1.9%	1.8%	2.0%	2.4%	1.0%	0.1%	0.1%	0.2%
Operating Activities Stock Based Compensation	1.6%	—	—	—	—	—	—	—	—	—
Operating Activities Deferred Income Taxes	-1.5%	-0.9%	-2.5%	-2.8%	-0.4%	-1.0%	-0.3%	1.8%	0.1%	0.3%
Operating Activities Changes In Operating Assets and Liabilities	3.4%	5.1%	6.6%	11.2%	4.6%	2.9%	4.9%	4.5%	0.1%	1.5%
Operating Activities Other Non Cash Items	-0.5%	—	—	—	—	—	—	—	—	—
Operating Activities net Cash From Operating Activities	25.4%	21.4%	26.1%	26.3%	21.3%	19.2%	12.8%	21.8%	19.5%	15.3%
Investing Activities Capital Expenditures	2.1%	1.8%	2.4%	2.4%	2.3%	1.6%	1.4%	1.2%	0.7%	0.6%
Investing Activities Business Acquisitions	0.0%	0.0%	0.2%	3.8%	0.0%	1.0%	20.2%	0.3%	0.5%	0.0%
Investing Activities Purchases of Investments	17.3%	17.9%	10.2%	7.8%	9.9%	8.6%	0.0%	0.1%	0.1%	0.0%
Investing Activities Proceeds From Sale of Investments	15.3%	9.5%	8.1%	0.9%	1.1%	1.2%	0.9%	1.5%	1.8%	1.5%
Investing Activities net Cash From Investing Activities	-1.3%	-9.6%	-3.4%	-7.0%	-4.9%	-2.8%	-13.1%	5.2%	-10.1%	2.9%
Financing Activities Proceeds From Debt	0.3%	—	—	—	—	—	—	—	—	—
Financing Activities Repayment of Debt	4.7%	0.0%	7.7%	4.9%	0.7%	12.6%	10.0%	16.8%	2.3%	2.7%
Financing Activities Repurchase of Common Stock	13.4%	11.2%	9.3%	31.5%	9.1%	8.9%	12.2%	3.6%	0.5%	3.7%
Financing Activities Dividends Paid	5.6%	5.0%	5.2%	5.1%	5.4%	5.6%	5.2%	7.1%	6.2%	7.0%
Financing Activities Proceeds From Stock Issuance	0.9%	0.9%	0.9%	0.9%	0.8%	0.8%	0.7%	1.1%	0.8%	0.8%
Financing Activities Tax Withholding On Stock Based Compensation	0.8%	0.9%	0.7%	0.7%	0.5%	0.5%	0.4%	0.5%	0.3%	0.5%
Financing Activities net Cash From Financing Activities	-23.6%	-11.5%	-20.1%	-17.9%	-14.6%	-14.0%	-4.0%	-22.5%	-8.5%	-12.8%
Cash Reconciliation Effect of Exchange Rate On Cash	0.1%	—	—	—	—	—	—	—	—	—
Cash Reconciliation net Change In Cash	0.6%	0.3%	2.4%	1.2%	1.9%	2.4%	-4.3%	4.5%	0.8%	—
Cash Reconciliation Cash At Beginning of Period	12.9%	12.8%	13.7%	12.6%	14.0%	13.3%	11.3%	24.9%	20.8%	22.3%
Cash Reconciliation Cash At End of Period	12.9%	12.8%	13.7%	12.6%	14.0%	13.3%	11.3%	24.9%	20.8%	22.3%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+60.9%	+60.0%	+59.8%	+61.0%	+59.9%	+57.8%	+59.1%	+64.2%	+63.0%	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Net margin	+33.4%	+28.1%	+32.3%	+36.1%	+30.0%	+21.0%	+25.7%	+19.9%	+26.6%	—
FCF margin	+30.8%	+30.9%	+31.7%	+32.6%	+28.2%	+28.0%	+22.4%	+28.8%	+29.9%	—
Growth
Revenue CAGR (3y)	+9.7%	+12.4%	+21.8%	+26.3%	+19.7%	+18.6%	—	—	—	—
Returns
ROE	+86.6%	+82.0%	+116.0%	+237.0%	+61.5%	+45.7%	+44.2%	+49.5%	+69.8%	+102.2%
ROA	+25.3%	+17.9%	+24.1%	+26.4%	+20.2%	+13.1%	+13.1%	+14.2%	+16.7%	+14.2%
ROIC	—	—	—	—	—	—	—	—	—	—
Liquidity
Current ratio	2.62x	2.15x	2.24x	2.50x	2.71x	2.78x	2.44x	3.75x	3.40x	3.86x
Quick ratio	1.06x	0.82x	0.98x	1.18x	1.30x	1.38x	1.13x	1.69x	1.33x	1.72x
Leverage
D/E	2.42x	3.58x	3.82x	7.99x	2.04x	2.48x	2.38x	2.48x	3.17x	6.20x
Interest coverage	—	—	—	—	—	—	—	—	—	—
Efficiency
Asset turnover	0.76x	0.64x	0.75x	0.73x	0.67x	0.63x	0.51x	0.72x	0.63x	—
Cash conversion cycle	+279d	+317d	+278d	+245d	+231d	+226d	+286d	+251d	+226d	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

KLA Corporation

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history