Short answer
KLA Corporation (KLAC) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $3.4B (up 11.5% year over year) with net income of $1.2B.
Q1 2026 key financials · XBRL
- Revenue
- $3.4B
- +11.5% YoY · +3.6% QoQ
- Net income
- $1.2B
- +10.3% YoY · +4.8% QoQ
- EPS (diluted)
- $9.11
- +11.8% YoY · +5.0% QoQ
Source: XBRL data from the KLA Corporation (KLAC) Q1 2026 10-Q on SEC EDGAR. USD.
KLA Corporation Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- No quarterly revenue, YoY comparison, profitability, segment, cash-flow, or capital-deployment figures provided
- Near-term headwinds: tariffs, BIS China restrictions, trade restrictions, customer concentration, cyclical semiconductor spending
- Outlook risks: weakening global economy, geopolitical conflicts, supply disruptions, foreign-exchange and interest-rate volatility
Risk Factors
- Export-control risk: September 2025 Affiliates Rule expanded ownership-screening obligations, though enforcement is suspended until November 2026
- Tariff risk: February 2026 Supreme Court ruling invalidated IEEPA tariffs, creating uncertainty over rates, refunds, and customs enforcement
- ERP implementation risk: System upgrade expected complete in first-quarter fiscal 2027, with potential data-migration and financial-reporting disruptions
- Supply-chain risk: DRAM supplier exits caused shortages and higher prices, expected to pressure gross margin through calendar 2026
- China concentration risk: China represented 33% of fiscal 2025 revenue, exposing sales to further export restrictions and license denials
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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