KLA Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 29, 2026, reporting total revenues of $4,136,015 thousand and net income of $1,548,588 thousand for the three months ended September 30, 2026.

Key Highlights

  • Total revenues of $4.14 billion: KLA reported total revenues of $4,136,015 thousand for the three months ended September 30, 2026, compared with $3,209,696 thousand in the same period a year earlier.
  • Net income of $1.55 billion: Net income for the quarter was $1,548,588 thousand, up from $1,121,040 thousand in the three months ended September 30, 2025.
  • Diluted EPS of $1.18: Diluted net income per share was $1.18 for the quarter, versus $0.85 in the prior-year period.
  • Dividend of $0.230 per share declared: Cash dividends of $0.230 per share were declared during the quarter, totaling $302,271 thousand including dividend equivalents.
  • Share repurchases of approximately $942.9 million: The company repurchased 4,914 thousand shares of common stock for a combined reduction to equity of $942,918 thousand during the quarter.
  • Total assets of $18.40 billion: As of September 30, 2026, total assets were $18,404,735 thousand, compared with $17,951,535 thousand as of June 30, 2026.
  • Shares outstanding: As of October 26, 2026, there were 1,302,962,435 shares of common stock outstanding, according to the filing.

KLA Corporation's September 2026 Quarter: Revenue, Earnings, and Balance Sheet Details

According to the filing, KLA Corporation (NASDAQ:KLAC) reported total revenues of $4,136,015 thousand for the three months ended September 30, 2026, comprising product revenues of $3,285,469 thousand and service revenues of $850,546 thousand. This compares with total revenues of $3,209,696 thousand in the three months ended September 30, 2025, when product revenues were $2,465,006 thousand and service revenues were $744,690 thousand.

The filing disclosed costs of revenues of $1,577,791 thousand, research and development expenses of $395,096 thousand, and selling, general and administrative expenses of $301,458 thousand for the September 2026 quarter. Income before income taxes was reported as $1,824,082 thousand, and the provision for income taxes was $275,494 thousand, resulting in net income of $1,548,588 thousand. Basic net income per share was $1.19 and diluted net income per share was $1.18, based on weighted-average diluted shares of 1,311,064 thousand.

On the balance sheet, the company reported total current assets of $12,573,415 thousand as of September 30, 2026, including inventories of $4,090,426 thousand and accounts receivable, net, of $3,072,087 thousand. Long-term debt stood at $5,723,289 thousand. Total stockholders' equity was $6,523,407 thousand at quarter end, compared with $6,349,820 thousand as of June 30, 2026. The filing also reported stock-based compensation expense of $84,073 thousand for the quarter.

What Was Disclosed

KLA Corporation disclosed its unaudited condensed consolidated financial results for the three months ended September 30, 2026, covering revenues, net income, earnings per share, balance sheet positions, stockholder equity activity, and cash flow items, as required for a quarterly Form 10-Q filing.