KLA (NASDAQ: KLAC) reported record revenue of $3.66 billion for the June quarter, an increase of 7% sequentially and 15% year-over-year, driven by AI investments and semiconductor manufacturing demand. The company’s CEO, Rick Wallace, noted that profit and earnings per share surpassed the midpoint of guidance, with non-GAAP diluted EPS at $1.50 and GAAP diluted EPS at $1.04.
For the September quarter, KLA forecasts revenue between $3.8 billion and $4.2 billion, with an expected gross margin of 62.5%. The company’s operating expenses are projected at approximately $690 million. Furthermore, KLA raised its 2026 wafer equipment market outlook to the low-$150 billion range, indicating continued demand in advanced packaging and high-performance computing.
KLA ended the June quarter with $4.9 billion in cash equivalents and marketable securities, alongside $5.9 billion in debt. The company returned $876 million to shareholders during the quarter, contributing to a total of $3.3 billion in shareholder returns over the past year.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
