Earnings Releases·Oct 28, 2026, 4:07 PM ET

KLA Corporation — Fiscal 2027 First Quarter Earnings Summary

Q1 FY2027 total revenue reached $4.14 billion, exceeding the guidance midpoint and marking a 28.9% year-over-year increase from $3.21 billion, while GAAP and Non-GAAP net income rose to $1.55 billion and $1.60 billion respectively.
Management provided Q2 FY2027 guidance projecting total revenues of $4.7 billion +/- $200 million, with Non-GAAP diluted EPS expected at $1.44 +/- $0.11, citing accelerated growth driven by AI ecosystem buildout and technology transitions.
Capital returns totaled $1.24 billion for the quarter, comprised of $935.8 million in stock repurchases and $305.1 million in dividends, alongside a reduction in long-term debt from $5.89 billion to $5.72 billion.
The Semiconductor Process Control segment generated $3.75 billion in revenue, with growth fueled by leading-edge designs, advanced packaging, and rigorous performance requirements in high-performance computing.