K

KLA CORPORATION

KLAC · CIK 0000319201

17 fiscal years · 63 SEC filings · every number carries its receipt

Revenue (FY)
$12.16B23.9%
FY2025
Net income (FY)
$4.06B47.1%
FY2025
Free cash flow (FY)
$3.75B23.6%
FY2025
Diluted EPS (FY)
$30.3749.8%
FY2025
The story, charted

The shape of the business

FY2009–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5B$10BFY2009 · Revenue $1.52B · Net income −$523.4M · 0001445305-11-002394 · filed 2011-08-05FY09Revenue $1.52BNet income −$523.4M0001445305-11-002394 · filed 2011-08-05FY2010 · Revenue $1.82B · Net income $212.3M · 0000319201-12-000008 · filed 2012-08-06FY10Revenue $1.82BNet income $212.3M0000319201-12-000008 · filed 2012-08-06FY2011 · Revenue $3.18B · Net income $794.5M · 0000319201-13-000033 · filed 2013-08-08FY11Revenue $3.18BNet income $794.5M0000319201-13-000033 · filed 2013-08-08FY2012 · Revenue $3.17B · Net income $756.0M · 0000319201-14-000038 · filed 2014-08-08FY12Revenue $3.17BNet income $756.0M0000319201-14-000038 · filed 2014-08-08FY2013 · Revenue $2.84B · Net income $543.1M · 0000319201-15-000053 · filed 2015-08-07FY13Revenue $2.84BNet income $543.1M0000319201-15-000053 · filed 2015-08-07FY2014 · Revenue $2.93B · Net income $582.8M · 0000319201-16-000090 · filed 2016-08-05FY14Revenue $2.93BNet income $582.8M0000319201-16-000090 · filed 2016-08-05FY2015 · Revenue $2.81B · Net income $366.2M · 0000319201-17-000034 · filed 2017-08-04FY15Revenue $2.81BNet income $366.2M0000319201-17-000034 · filed 2017-08-04FY2016 · Revenue $2.98B · Net income $704.4M · 0000319201-18-000045 · filed 2018-08-06FY16Revenue $2.98BNet income $704.4M0000319201-18-000045 · filed 2018-08-06FY2017 · Revenue $3.48B · Net income $926.1M · 0000319201-19-000031 · filed 2019-08-16FY17Revenue $3.48BNet income $926.1M0000319201-19-000031 · filed 2019-08-16FY2018 · Revenue $4.04B · Net income $802.3M · 0000319201-20-000047 · filed 2020-08-10FY18Revenue $4.04BNet income $802.3M0000319201-20-000047 · filed 2020-08-10FY2019 · Revenue $4.57B · Net income $1.18B · 0000319201-21-000029 · filed 2021-08-06FY19Revenue $4.57BNet income $1.18B0000319201-21-000029 · filed 2021-08-06FY2020 · Revenue $5.81B · Net income $1.22B · 0000319201-22-000023 · filed 2022-08-05FY20Revenue $5.81BNet income $1.22B0000319201-22-000023 · filed 2022-08-05FY2021 · Revenue $6.92B · Net income $2.08B · 0000319201-23-000031 · filed 2023-08-04FY21Revenue $6.92BNet income $2.08B0000319201-23-000031 · filed 2023-08-04FY2022 · Revenue $9.21B · Net income $3.32B · 0000319201-24-000021 · filed 2024-08-05FY22Revenue $9.21BNet income $3.32B0000319201-24-000021 · filed 2024-08-05FY2023 · Revenue $10.50B · Net income $3.39B · 0000319201-25-000024 · filed 2025-08-08FY23Revenue $10.50BNet income $3.39B0000319201-25-000024 · filed 2025-08-08FY2024 · Revenue $9.81B · Net income $2.76B · 0000319201-25-000024 · filed 2025-08-08FY24Revenue $9.81BNet income $2.76B0000319201-25-000024 · filed 2025-08-08FY2025 · Revenue $12.16B · Net income $4.06B · 0000319201-25-000024 · filed 2025-08-08FY25Revenue $12.16BNet income $4.06B0000319201-25-000024 · filed 2025-08-08FY25Revenue $12.16BNet income $4.06B0000319201-25-000024 · filed 2025-08-08FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 8.0× since FY2009 · net margin -34.4% → 33.4%

MarginsNet marginFCF margin
0%FY2009 · Net margin -34.4% · FCF margin 11.4%FY09Net margin -34.4%FCF margin 11.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 11.7% · FCF margin 22.9%FY10Net margin 11.7%FCF margin 22.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 25.0% · FCF margin 24.3%FY11Net margin 25.0%FCF margin 24.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 23.8% · FCF margin 27.9%FY12Net margin 23.8%FCF margin 27.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 19.1% · FCF margin 29.5%FY13Net margin 19.1%FCF margin 29.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 19.9% · FCF margin 24.3%FY14Net margin 19.9%FCF margin 24.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 13.0% · FCF margin 19.9%FY15Net margin 13.0%FCF margin 19.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 23.6% · FCF margin 24.4%FY16Net margin 23.6%FCF margin 24.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 26.6% · FCF margin 29.9%FY17Net margin 26.6%FCF margin 29.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 19.9% · FCF margin 28.8%FY18Net margin 19.9%FCF margin 28.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 25.7% · FCF margin 22.4%FY19Net margin 25.7%FCF margin 22.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 21.0% · FCF margin 28.0%FY20Net margin 21.0%FCF margin 28.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 30.0% · FCF margin 28.2%FY21Net margin 30.0%FCF margin 28.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 36.1% · FCF margin 32.6%FY22Net margin 36.1%FCF margin 32.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 32.3% · FCF margin 31.7%FY23Net margin 32.3%FCF margin 31.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 28.1% · FCF margin 30.9%FY24Net margin 28.1%FCF margin 30.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 33.4% · FCF margin 30.8%FY25Net margin 33.4%FCF margin 30.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 33.4%FCF margin 30.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 33.4% · free cash flow 30.8% of revenue

Cash engineOperating cash flowFree cash flow
$0$2B$4BFY2009 · OCF $195.7M · FCF $173.5M · 0001445305-11-002394 · filed 2011-08-05FY09OCF $195.7MFCF $173.5M0001445305-11-002394 · filed 2011-08-05FY2010 · OCF $447.8M · FCF $417.6M · 0000319201-12-000008 · filed 2012-08-06FY10OCF $447.8MFCF $417.6M0000319201-12-000008 · filed 2012-08-06FY2011 · OCF $823.2M · FCF $772.0M · 0000319201-13-000033 · filed 2013-08-08FY11OCF $823.2MFCF $772.0M0000319201-13-000033 · filed 2013-08-08FY2012 · OCF $941.6M · FCF $884.0M · 0000319201-14-000038 · filed 2014-08-08FY12OCF $941.6MFCF $884.0M0000319201-14-000038 · filed 2014-08-08FY2013 · OCF $913.2M · FCF $838.6M · 0000319201-15-000053 · filed 2015-08-07FY13OCF $913.2MFCF $838.6M0000319201-15-000053 · filed 2015-08-07FY2014 · OCF $778.9M · FCF $711.4M · 0000319201-16-000090 · filed 2016-08-05FY14OCF $778.9MFCF $711.4M0000319201-16-000090 · filed 2016-08-05FY2015 · OCF $605.9M · FCF $560.1M · 0000319201-17-000034 · filed 2017-08-04FY15OCF $605.9MFCF $560.1M0000319201-17-000034 · filed 2017-08-04FY2016 · OCF $759.7M · FCF $728.0M · 0000319201-18-000045 · filed 2018-08-06FY16OCF $759.7MFCF $728.0M0000319201-18-000045 · filed 2018-08-06FY2017 · OCF $1.08B · FCF $1.04B · 0000319201-19-000031 · filed 2019-08-16FY17OCF $1.08BFCF $1.04B0000319201-19-000031 · filed 2019-08-16FY2018 · OCF $1.23B · FCF $1.16B · 0000319201-20-000047 · filed 2020-08-10FY18OCF $1.23BFCF $1.16B0000319201-20-000047 · filed 2020-08-10FY2019 · OCF $1.15B · FCF $1.02B · 0000319201-21-000029 · filed 2021-08-06FY19OCF $1.15BFCF $1.02B0000319201-21-000029 · filed 2021-08-06FY2020 · OCF $1.78B · FCF $1.63B · 0000319201-22-000023 · filed 2022-08-05FY20OCF $1.78BFCF $1.63B0000319201-22-000023 · filed 2022-08-05FY2021 · OCF $2.19B · FCF $1.95B · 0000319201-23-000031 · filed 2023-08-04FY21OCF $2.19BFCF $1.95B0000319201-23-000031 · filed 2023-08-04FY2022 · OCF $3.31B · FCF $3.01B · 0000319201-24-000021 · filed 2024-08-05FY22OCF $3.31BFCF $3.01B0000319201-24-000021 · filed 2024-08-05FY2023 · OCF $3.67B · FCF $3.33B · 0000319201-25-000024 · filed 2025-08-08FY23OCF $3.67BFCF $3.33B0000319201-25-000024 · filed 2025-08-08FY2024 · OCF $3.31B · FCF $3.03B · 0000319201-25-000024 · filed 2025-08-08FY24OCF $3.31BFCF $3.03B0000319201-25-000024 · filed 2025-08-08FY2025 · OCF $4.08B · FCF $3.75B · 0000319201-25-000024 · filed 2025-08-08FY25OCF $4.08BFCF $3.75B0000319201-25-000024 · filed 2025-08-08FY25OCF $4.08BFCF $3.75B0000319201-25-000024 · filed 2025-08-08’09’13’17’21’25

FY2025: $4.08B operating cash − $335.3M capex = $3.75B free cash flow

Returns on capitalReturn on equityReturn on assets
0%100%200%FY2010 · ROE 9.4% · ROA 5.4%FY10ROE 9.4%ROA 5.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 27.8% · ROA 17.0%FY11ROE 27.8%ROA 17.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 22.8% · ROA 14.8%FY12ROE 22.8%ROA 14.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 15.6% · ROA 10.3%FY13ROE 15.6%ROA 10.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 15.9% · ROA 10.5%FY14ROE 15.9%ROA 10.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 86.9% · ROA 7.6%FY15ROE 86.9%ROA 7.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 102.2% · ROA 14.2%FY16ROE 102.2%ROA 14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 69.8% · ROA 16.7%FY17ROE 69.8%ROA 16.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 49.5% · ROA 14.2%FY18ROE 49.5%ROA 14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 44.2% · ROA 13.1%FY19ROE 44.2%ROA 13.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 45.7% · ROA 13.1%FY20ROE 45.7%ROA 13.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 61.5% · ROA 20.2%FY21ROE 61.5%ROA 20.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 237.0% · ROA 26.4%FY22ROE 237.0%ROA 26.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 116.0% · ROA 24.1%FY23ROE 116.0%ROA 24.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 82.0% · ROA 17.9%FY24ROE 82.0%ROA 17.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 86.6% · ROA 25.3%FY25ROE 86.6%ROA 25.3%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 86.6%ROA 25.3%derived: net income ÷ equity · derived: net income ÷ assets’13’17’21’25

return on equity 9% (FY2010) → 87% (FY2025) · on assets 25.3%

Balance sheetLiabilitiesEquity
$0$5B$10B$15BFY2010 · Liabilities $1.66B · Equity $2.25BFY10Liabilities $1.66BEquity $2.25B0001445305-11-002394 · filed 2011-08-05FY2011 · Liabilities $1.81B · Equity $2.86BFY11Liabilities $1.81BEquity $2.86B0000319201-12-000008 · filed 2012-08-06FY2012 · Liabilities $1.78B · Equity $3.32BFY12Liabilities $1.78BEquity $3.32B0000319201-13-000033 · filed 2013-08-08FY2013 · Liabilities $1.81B · Equity $3.48BFY13Liabilities $1.81BEquity $3.48B0000319201-14-000038 · filed 2014-08-08FY2014 · Liabilities $1.87B · Equity $3.67BFY14Liabilities $1.87BEquity $3.67B0000319201-15-000053 · filed 2015-08-07FY2015 · Liabilities $4.40B · Equity $421.4MFY15Liabilities $4.40BEquity $421.4M0000319201-16-000090 · filed 2016-08-05FY2016 · Liabilities $4.27B · Equity $689.1MFY16Liabilities $4.27BEquity $689.1M0000319201-17-000034 · filed 2017-08-04FY2017 · Liabilities $4.21B · Equity $1.33BFY17Liabilities $4.21BEquity $1.33B0000319201-18-000045 · filed 2018-08-06FY2018 · Liabilities $4.02B · Equity $1.62BFY18Liabilities $4.02BEquity $1.62B0000319201-19-000031 · filed 2019-08-16FY2019 · Liabilities $6.33B · Equity $2.66BFY19Liabilities $6.33BEquity $2.66B0000319201-20-000047 · filed 2020-08-10FY2020 · Liabilities $6.60B · Equity $2.67BFY20Liabilities $6.60BEquity $2.67B0000319201-21-000029 · filed 2021-08-06FY2021 · Liabilities $6.90B · Equity $3.38BFY21Liabilities $6.90BEquity $3.38B0000319201-22-000023 · filed 2022-08-05FY2022 · Liabilities $11.20B · Equity $1.40BFY22Liabilities $11.20BEquity $1.40B0000319201-23-000031 · filed 2023-08-04FY2023 · Liabilities $11.15B · Equity $2.92BFY23Liabilities $11.15BEquity $2.92B0000319201-24-000021 · filed 2024-08-05FY2024 · Liabilities $12.07B · Equity $3.37BFY24Liabilities $12.07BEquity $3.37B0000319201-25-000024 · filed 2025-08-08FY2025 · Liabilities $11.38B · Equity $4.69BFY25Liabilities $11.38BEquity $4.69B0000319201-25-000024 · filed 2025-08-08FY25Liabilities $11.38BEquity $4.69B0000319201-25-000024 · filed 2025-08-08’13’17’21’25

FY2025: $16.07B assets · $11.38B liabilities · $4.69B equity

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.