Slide 1: Q4 Fiscal 2025 Earnings
Q4 Fiscal 2025 Earnings Quarter Ended June 30, 2025 • Reported July 31, 2025 KLA Non-Confidential | Unrestricted 1
Slide 2: Forward Looking Statements
Forward Looking Statements Statements in this letter other than historical facts, such as statements pertaining to: (i) future industry demand for semiconductors and WFE; (ii) our market position for the future and future growth in demand for our products; (iii) our forecast of financial measures fo
Slide 3: The KLA Operating Model
The KLA Operating Model Consistent Strategy and Execution Application of common processes and discipline Cascades throughout the organization Strong focus on talent development Management By Metrics Culture of performance and accountability Expectation of continuous improvement Superior
Slide 4: June Quarter 2025 Income Statement Highlights
June Quarter 2025 Income Statement Highlights $3.175B 63.2% 44.2% $1.2B Revenue Gross Margin* Operating Margin* Net Income* (Right) The Kronos patterned wafer inspection system detects critical defects for process $9.38 development and production monitoring in advanced wafer-level Non-GAAP Diluted E
Slide 5: Breakdown of Revenue by Reportable Segments and End Markets
Breakdown of Revenue by Reportable Segments and End Markets Revenue Y/Y Q/Q Q4-FY25: Semi Process Control Q4-FY25 ($M) Growth % Growth % Revenue % End Market System Revenue 1 Semiconductor Process Control $2,879 +25% +5% 91% (Systems + Services) 69% Specialty Semiconductor Process $142 +17% -9% 4% (
Slide 6: Breakdown of Revenue by Major Product and Regions
Breakdown of Revenue by Major Product and Regions Revenue Y/Y Q/Q Q4-FY25 Q4-FY25 ($M) Growth % Growth % Revenue % Revenue by Region Wafer $1,772 +52% +18% 56% Inspection 9% Patterning $453 -16% -29% 14% 4% 27% Specialty Semi Process $123 +16% -11% 4% 30% PCB and Component $85 +15% -18% 3% 15% Inspe
Slide 7: Strong Investment Grade Balance Sheet
Strong Investment Grade Balance Sheet Balance Sheet Summary 1 ($M) Bond Maturity Profile Investment Grade Credit Ratings Total Cash 2 $ 4,495 Bonds Outstanding $5.95B Moody’s A2 Working Capital $ 6,613 Weighted Average Total Assets $ 16,068 4.67% S&P A- Interest Rate Debt 3 $ 5,884 Weighted Average
Slide 8: FCF Generation Fuels Consistent Capital Return to Shareholders
FCF Generation Fuels Consistent Capital Return to Shareholders Free Cash Flow 1 and FCF Margin 2 Investment Market Leadership and $3.7 in Growth and $3.4 New Products Differentiated $3.2 Solutions $3.0 $2.5 Value Creation $1.8 33% Capital Returns Strong Margins 31% 31% 31% 29% to Shareholders and FC
Slide 9: Return to Shareholders Across Both Share Repurchases & Dividends
Return to Shareholders Across Both Share Repurchases & Dividends Share Repurchases - Last 5 Years 1 Track Record of Dividend Increases ~$386 Apr. 30, 2025 Announced 16th consecutive annual dividend 7.60 Avg price per share since 2020 increase, up 12% to $1.90/share from $1.70/share 6.05 5,037 ~15% 5
Slide 10: Free Cash Flow and Capital Return Highlights
Free Cash Flow and Capital Return Highlights (Below) The KLA 3935 is part of the 39xx Series (also called Gen5) and is designed for $426M $1.065B leading-edge logic and foundry manufacturing. It is a super resolution broadband plasma patterned wafer defect inspection system that supports wafer-level
Slide 11: Guidance for Q1 FY2026 – September 2025 Quarter
Guidance for Q1 FY2026 – September 2025 Quarter September 2025 Quarter Guidance Macro Assumptions Revenue $3.15B +/- $150M Semi PC Revenue By End Market 1 Foundry/Logic: ~75% Non-GAAP 62% +/- 1% Memory: ~25% DRAM ~79% | NAND ~21% Gross Margin* Model Assumptions GAAP Diluted Non-GAAP Operatin
Slide 12: Appendix
Appendix Reconciliation of Financial Results
Slide 13: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures KLA Non-Confidential | Unrestricted 13
Slide 14: Reconciliation of Free Cash Flow and Related Metrics
Reconciliation of Free Cash Flow and Related Metrics KLA Non-Confidential | Unrestricted 14
Slide 15: Reconciliation of Guidance
Reconciliation of Guidance Q1 FY2026 Guidance Range: CY 2025 Guidance: KLA Non-Confidential | Unrestricted 15
Slide 16: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures KLA Non-Confidential | Unrestricted 16
Slide 17: KLA Non-Confidential | Unrestricted
KLA Non-Confidential | Unrestricted 17