KLA (KLAC) FY2025 results: revenue $12.2 billion, up 23.9% on the year
KLA Corp. (KLAC) reported revenue of $12.2 billion for fiscal 2025, the year ended 30 June 2025, up 23.9% on the year before. Net income was $4.1 billion, up 47.1%, and diluted earnings per share $3.04. The figures are the company's own, from the 10-K it filed with the SEC on 8 August 2025.
Revenue
$12.2 billion
+23.9% on the year
FY2018FY2025
Operating margin
n/a
FY2018FY2025
Net income
$4.1 billion
+47.1% on the year
FY2018FY2025
Diluted EPS
$3.04
+49.8% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
4,082
3,309
3,670
+23.4%
Capital expenditure
335
277
342
+20.9%
Free cash flow
3,747
3,031
3,328
+23.6%
Free cash flow margin
30.8%
30.9%
31.7%
Cash from investing
-202
-1,477
-483
Cash from financing
-3,786
-1,776
-2,830
Depreciation and amortisation
394
402
415
-1.9%
Share-based compensation
265
213
171
+24.6%
Buybacks
2,150
1,736
1,312
+23.9%
Dividends paid
905
773
733
+17.0%
Dividend per share
$0.68
$0.56
$0.52
+19.5%
Diluted shares, weighted
1,338m
1,362m
1,402m
-1.8%
Shares outstanding at period end
1,320m
1,344m
1,368m
-1.8%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
4,692
3,368
2,920
+39.3%
Non-controlling interest
n/a
n/a
0.0
Debt
5,884
6,630
5,891
-11.2%
Operating lease liabilities
159
153
138
+3.7%
Other liabilities
5,332
5,282
5,124
+1.0%
Total liabilities and equity
16,068
15,434
14,072
+4.1%
Fixed assets
1,253
1,110
1,032
+12.9%
Goodwill
1,792
2,016
2,279
-11.1%
Intangible assets
445
669
935
-33.5%
Securities held for sale or to maturity
2,392
2,501
n/a
-4.4%
Cash and equivalents
2,079
1,977
1,928
+5.1%
Receivables
2,264
1,833
1,753
+23.5%
Inventory
3,212
3,035
2,877
+5.8%
Other assets
2,631
2,293
3,268
+14.8%
Total assets
16,068
15,434
14,072
+4.1%
10-K for the year ended 30 June 2025, filed 8 August 2025: the filing.