Compute & semiconductors
KLA
Business, financial evidence and documented connections to the AI buildout.
Business and AI exposure
KLA sells semiconductor process-control equipment and related services. AI processors, high-bandwidth memory and advanced packaging increase the complexity of manufacturing, creating demand for inspection and measurement. KLA also serves many non-AI chip applications through the same equipment and service portfolio.
Earnings and disclosures
Latest verified results: Q4 and fiscal year 2026 · Released 2026-07-28
Next results: 2026-10-28 · Q1 FY2027 results call.
Checked 2026-10-18 · Financial context and sources ↓
Financial context
For FY2026, KLA reported $13.58 billion of revenue, $4.83 billion of net income and $4.14 billion of operating cash flow. Free cash flow was $3.77 billion. Fiscal Q4 revenue was $3.658 billion, and annual services revenue was $3.13 billion.
Products and delivery
FY2026 Semiconductor Process Control revenue rose 12% to $12.245 billion. The company attributed demand to leading-edge logic, memory, AI and high-performance computing, and advanced packaging. These drivers overlap, so the segment’s sales cannot be assigned entirely to AI.
Plans and commitments
KLA guided fiscal Q1 2027 revenue to $4.0 billion, plus or minus $200 million. FY2026 research and development spending was $1.53 billion. Investment in technology supports future product offerings, while the quarterly outlook remains a forecast rather than completed equipment deliveries.
Economics and dependencies
Results depend on semiconductor customers’ capital spending, manufacturing complexity and the mix of equipment and services. At June 30, 2026, cash was approximately $1.65 billion, marketable securities $3.25 billion and long-term debt’s carrying amount $5.89 billion.
What to watch
Customer investment and tool shipments can show whether AI-related manufacturing complexity continues to support demand. Margins and cash conversion provide context for delivery quality. Per-share comparisons must account for the June 2026 stock split, while an AI-only revenue allocation remains undisclosed.
Documented project connections
Each connection below has a specific, cited role. A supplier, lender, customer or proposed acquirer has different economics from the project owner.
No named tracked-project role has been established by the evidence used for this profile. This does not mean the company has no AI exposure.
Evidence boundaries
Company totals, segment sales, bookings, backlog, spending, capacity and usage describe different things. They do not establish project-level revenue, earnings or an exact AI-only revenue share unless the cited disclosure explicitly says so.
This is a dated research snapshot. Forecasts are attributed expectations, and undisclosed amounts remain unknown. Source review does not certify every project or future outcome.