KLA Q1 2025 Earnings Report

Outperformed expectations with sequential quarterly growth in revenue.

Key Takeaways

KLA Corporation reported first quarter fiscal year 2025 results with revenues of $2.84 billion and GAAP net income of $945.9 million. The company's results were above expectations, driven by continued semiconductor market growth.

Total revenues were $2.84 billion, exceeding the midpoint of the guidance range.

GAAP diluted EPS was $7.01 and non-GAAP diluted EPS was $7.33, near the upper end of guidance ranges.

Cash flow from operating activities for the quarter was $995.2 million, and free cash flow was $934.8 million.

Capital returns for the quarter were $765.5 million.

Total Revenue

$2.84B

Previous year: $2.4B

+18.6%

EPS

$7.33

Previous year: $5.74

+27.7%

Gross Profit

$1.69B

Previous year: $1.45B

+16.8%

Cash and Equivalents

$1.98B

Previous year: $1.71B

+15.5%

Free Cash Flow

$935M

Previous year: $816M

+14.6%

Total Assets

$15.7B

Previous year: $14.1B

+10.9%

KLA

KLA Revenue by Segment

Forward Guidance

For the second quarter of fiscal 2025, KLA expects total revenues to be in a range of $2.95 billion +/- $150 million and GAAP diluted EPS to be in a range of $7.45 +/- $0.60.

Positive Outlook

Total revenues is expected to be in a range of $2.95 billion +/- $150 million
GAAP gross margin is expected to be in a range of 60.0% +/- 1.0%
Non-GAAP gross margin is expected to be in a range of 61.5% +/- 1.0%
GAAP diluted EPS is expected to be in a range of $7.45 +/- $0.60
Non-GAAP diluted EPS is expected to be in a range of $7.75 +/- $0.60

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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