KLA Reports $4.14 Billion Quarterly Revenue as AI Chip Demand Grows

Oct 28, 2026
KLA reported fiscal 2027 first quarter revenue of $4.14 billion, up 29% from a year earlier, and forecast up to $4.9 billion for the December quarter.

KLA Corporation reported fiscal 2027 first quarter revenue of $4.14 billion, up 29% from a year earlier, according to results released by the company. Revenue exceeded the midpoint of KLA's guidance, while GAAP net income rose to $1.55 billion from $1.12 billion a year earlier.

Semiconductor process control generated $3.75 billion in revenue, compared with $2.90 billion in the same quarter last year. KLA said demand was supported by more complex chip designs, memory requirements and advanced packaging for AI and high performance computing.

Operating cash flow reached $1.53 billion and free cash flow was $1.34 billion. KLA returned $1.24 billion through share repurchases and dividends during the quarter.

For its fiscal second quarter ending in December, KLA expects revenue of $4.5 billion to $4.9 billion. It forecasts GAAP diluted earnings of $1.30 to $1.52 per share and non GAAP diluted earnings of $1.33 to $1.55.

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