Q3 26 EPS
$9.40
Q3 26 Revenue
$3.42B
BEAT +1.22%
Est. $3.37B
vs S&P Since Q3 26
-5.2%
TRAILING MARKET
KLAC -4.9% vs S&P +0.3%
Market Reaction
Did KLAC Beat Earnings? Q3 2026 Results
KLA Corporation posted a clean beat across the board in fiscal Q3 2026, with non-GAAP EPS of $9.40 clearing the $9.15 consensus estimate by 2.69% and marking the fourth consecutive quarter the chipmaking equipment maker has topped Wall Street's earni… Read more KLA Corporation posted a clean beat across the board in fiscal Q3 2026, with non-GAAP EPS of $9.40 clearing the $9.15 consensus estimate by 2.69% and marking the fourth consecutive quarter the chipmaking equipment maker has topped Wall Street's earnings expectations. Revenue of $3.42 billion edged past the $3.37 billion consensus by 1.22% and grew 11.5% year over year, powered primarily by KLA's Semiconductor Process Control segment, which alone contributed $3.08 billion as demand tied to AI infrastructure buildout drove broad-based strength across foundry, logic, memory, and advanced packaging. CEO Rick Wallace pointed to KLA's critical role enabling the AI ecosystem as a key reason momentum has remained durable even amid persistent uncertainty around U.S. Export controls affecting China sales and evolving tariff policy. Investor attention is likely to shift quickly to the Q4 outlook, where KLA guided revenue of $3.58 billion, plus or minus $200 million, and non-GAAP diluted EPS of $9.87, plus or minus $1.00, signaling continued sequential growth heading into the second half of calendar 2026.
Key Takeaways
- • Strong demand across Semiconductor Process Control segment
- • Continued benefits from global AI infrastructure buildout across foundry/logic, memory, advanced packaging, and services
- • Continued market share momentum in process control confirmed by third-party industry reports
KLAC Forward Guidance & Outlook
For Q4 fiscal 2026 (quarter ending June 30, 2026), KLA guided total revenues in a range of $3.575 billion +/- $200 million, GAAP gross margin of 60.72% +/- 1.00%, non-GAAP gross margin of 61.75% +/- 1.00%, GAAP diluted EPS of $9.66 +/- $1.00, and non-GAAP diluted EPS of $9.87 +/- $1.00. CEO Rick Wallace expressed high confidence in the company's outlook for calendar year 2026, citing robust business momentum and KLA's role as a key enabler of the AI ecosystem with benefits from the global AI infrastructure buildout.
KLAC YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
KLAC Revenue by Segment
With YoY comparisons, source: SEC Filings
“KLA delivered strong March quarter results exceeding the midpoint of our guidance ranges on both revenue and earnings per share. Our business momentum remains robust, and we are highly confident in our outlook for calendar year 2026.”
— Rick Wallace, Q3 2026 Earnings Press Release
KLAC Earnings Trends
KLAC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
KLAC EPS Trend
Earnings per share: estimate vs actual
KLAC Revenue Trend
Quarterly revenue: estimate vs actual
KLAC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 | — | $9.40 | — | $3.42B | +1.22% |
| Q2 26 BEAT | $8.80 | $8.85 | +0.59% | $3.30B | +1.43% |
| Q1 26 BEAT | $8.62 | $8.81 | +2.24% | $3.21B | +1.25% |
| Q4 25 BEAT FY | $8.55 | $9.38 | +9.71% | $3.17B | +2.72% |
| FY Full Year | $32.56 | $33.28 | +2.20% | $12.16B | +0.70% |
| Q3 25 BEAT | $8.08 | $8.41 | +4.03% | $3.06B | +1.77% |