Kla Corporation · NASDAQ:KLAC
Kla — Q1 2027 Earnings Presentation
17 slides from Kla's earnings presentation, Oct 28, 2026
Slide 1: Q1 Fiscal 2027 Earnings
Q1 Fiscal 2027 Earnings Quarter Ended September 30, 2026 • Reported October 28, 2026 KLA Non-Confidential | Unrestricted 1
Slide 2: Forward Looking Statements
Forward Looking Statements Statements in this presentation other than historical facts, such as statements pertaining to: (i) future industry demand for semiconductors, Wafer Equipment, and advanced packaging; (ii) our market position for the future and future growth in demand for our products; (iii
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: September Quarter 2026 Income Statement Highlights
September Quarter 2026 Income Statement Highlights $4.14B 62.7% 46.1% $1.60B Revenue Gross Margin* Operating Margin* Net Income* (Right) Surfscan® SP7XP is an advanced wafer defect inspection system developed by KLA Corporation to $1.22 discover the smallest defects and Non-GAAP Diluted EPS* imperfe
Slide 5: Breakdown of Revenue by Reportable Segments and End Markets
Breakdown of Revenue by Reportable Segments and End Markets Revenue Y/Y Q/Q Q1-FY27: Semi Process Control Q1-FY27 ($M) Growth % Growth % Revenue % End Market System Revenue 1 Semiconductor Process Control $3,754 +29% +15% 91% (Systems + Services) 72% Specialty Semiconductor Process $140 +16% -13% 3%
Slide 6: Breakdown of Revenue by Major Product and Regions
Breakdown of Revenue by Major Product and Regions Revenue Y/Y Q/Q Q1-FY27 Q1-FY27 ($M) Growth % Growth % Revenue % Revenue by Region Wafer $2,111 +37% +19% 51% Inspection 15% 25% Patterning $862 +29% +18% 21% 5% Specialty Semi Process $114 +13% -17% 3% 12% PCB and Component 34% $168 +43% +0% 4% 4% I
Slide 7: Strong Investment Grade Balance Sheet
Strong Investment Grade Balance Sheet Balance Sheet Summary 1 ($M) Bond Maturity Profile Investment Grade Credit Ratings Total Cash 2 $ 4,741 Bonds Outstanding $5.95B Moody’s A2 Working Capital $ 8,018 Weighted Average Total Assets $ 18,405 4.67% S&P A- Interest Rate 4 Debt 3 $ 5,723 Weighted Averag
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 in Growth and Leadership and $4.4 New Products Differentiated $4.0 Solutions $3.4 Value $3.0 $3.2 Creation $2.5 $1.8 33% 34% Capital Returns Strong Margins 31% 31% to Shareholders and F
Slide 9: Consistent Returns to Shareholders Across Both Repurchases & Dividends
Consistent Returns to Shareholders Across Both Repurchases & Dividends Share Repurchases – Since 2021 1 Track Record of Dividend Increases 4 8,812 Mar. 12, 2026 0.92 Announced 17th consecutive annual dividend increase, up 21% to $0.23/share from $0.19/share ~$50 0.74 ~16% 0.61 Avg price per share 0.
Slide 10: Free Cash Flow and Capital Return Highlights
Free Cash Flow and Capital Return Highlights $936M $1.34B September Quarter September Quarter Share Buyback Free Cash Flow* $2.68B 32% LTM Share Buyback September Quarter FCF Margin* $305M September Quarter 83% (Above) The Puma 9980 laser scanning inspection system incorporates multiple sensitivity
Slide 11: Guidance for Q2 FY2027
Guidance for Q2 FY2027 December 2026 Quarter Guidance Macro Assumptions Revenue $4.7B +/- $200M Semi PC Revenue By End Market 1 Foundry/Logic: ~60% Non-GAAP 62.5% +/- 1% Memory: ~40% DRAM ~84% | NAND ~16% Gross Margin* Model Assumptions GAAP Diluted Non-GAAP Operating Expenses*: ~$710M $1.41
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 Q2 FY2027 Guidance Range: 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