KLA earnings date and guidance
KLA's next results are expected on October 28, 2026. For KLA, watch whether sales become cash promptly.
What has KLA guided for the next results?
The first test is the quarter ended September 30, 2026. On July 28, KLA guided revenue to US$3.8–4.2 billion. It guided GAAP diluted earnings per share to US$1.04–1.24, with results scheduled for October 28.
Management also guided GAAP gross margin to 60.6%–62.6%. Gross margin is what remains after the direct cost of supplying equipment and services, before research, administration and other expenses. KLA’s adjusted EPS guidance is US$1.06–1.26 because it excludes specified acquisition-related charges and their tax effect.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Total revenues | Quarter to Sep 2026 | 3,800,000 | 4,200,000 | Jul 28, 2026 |
| GAAP gross margin | Quarter to Sep 2026 | 60.6% | 62.6% | Jul 28, 2026 |
| GAAP net income per diluted share | Quarter to Sep 2026 | 1.04 | 1.24 | Jul 28, 2026 |
| Non-GAAP net income per diluted share | Quarter to Sep 2026 | 1.06 | 1.26 | Jul 28, 2026 |
| Advanced Packaging process control systems revenue | Calendar 2026 | 1,100,000 | 1,100,000 | Jul 28, 2026 |
Did KLA keep its past promises?
The targets were exceeded. In calendar 2024, operating profit reached US$4.404 billion against a US$3.93 billion target. In calendar 2025, it reached US$5.556 billion against a US$5.0 billion target, producing Wallace’s maximum bonus of 200 percent of target.
What is KLA's revenue and profit trend?
Profit broadly kept pace with sales. Operating income rose 15.0%, while gross margin reached 61.4%, above March but below the prior June. Management cited service mix and manufacturing scale as offsets to expensive memory components and tariffs. Net income grew 13.3%, and the ten-for-one stock split makes the per-share comparisons comparable.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,657,556 | 3,415,078 | 3,297,146 | 3,209,696 | 3,174,741 | 3,063,029 | 3,076,851 | 2,841,541 |
| Gross margin | 61.4% | 61.1% | 61.4% | 61.3% | 62.0% | 61.6% | 60.3% | 59.6% |
| Operating income | 1,553,948 | 1,407,509 | 1,362,146 | 1,337,177 | 1,351,760 | 1,300,392 | 1,003,052 | 1,119,923 |
| Net income | 1,363,059 | 1,200,990 | 1,145,682 | 1,121,040 | 1,202,849 | 1,088,416 | 824,527 | 945,851 |
| EPS, diluted | 1.04 | 0.91 | 0.87 | 0.85 | 0.91 | 0.82 | 0.62 | 0.70 |
What should investors watch in KLA's next results?
The October 28 release will test September guidance and the analyst forecast together. Revenue will show demand, gross margin will show whether that demand remains profitable, and cash flow will show whether sales become cash promptly. December-quarter guidance should reveal whether KLA remains on course for its 20.0% second-half growth expectation.