KLA Corporation
Financial Performance
KLA Revenue & Financials
Revenue
$9.8B (FY2024)
Market Cap
$94.5B
Employees
15,000
What is KLA's revenue?
KLA had $9.8B in revenue for fiscal year 2024, down 6.5% from 2023.
- Latest revenue
- $9.8B (FY2024)
- Year-over-year
- -6.5%
- Growth rate (CAGR)
- 12.3% over 3 years
- Peak revenue
- $10.5B (FY2023)
- Years of data
- 4
- Employees
- 15,000
- How many employees does KLA have?
- KLA has about 15,000 employees.
Financial Analysis
KLA delivers outstanding financial performance characterized by industry-leading gross margins, exceptional operating leverage, and robust free cash flow conversion. In fiscal 2024, KLA generated revenue of $9.81 billion, maintaining strong profitability despite broader semiconductor cycle inventory corrections. Gross margin stood at an elite 61.2%, reflecting unmatched technological pricing power. Operating margin reached 37.8%, while free cash flow totaled $3.03 billion, converting over 90% of operating cash flow into free cash. KLA maintains a disciplined capital allocation policy, returning over 85% of annual free cash flow to shareholders through consistent dividend growth (over 15 consecutive years of increases) and aggressive share repurchases.
Revenue Trend Analysis
YoY Change
-6.5%
3-Year CAGR
+12.3%
Peak Year
2023
Trend
Mostly Growing
KLA Corporation has 4 full fiscal year figures on this page, compounding at +12.3% annually over 3 years. The most recent year saw a 6.5% decline versus the prior year. Annual revenue peaked in fiscal year 2023 at $10.5B. Of 3 comparable year-over-year steps, 2 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $9.8B | -6.5% |
| FY2023 | $10.5B | +13.9% |
| FY2022 | $9.2B | +33.1% |
| FY2021 | $6.9B | — |
Click any row to see year details.
Keep researching KLA
KLA Revenue and Financial FAQ
What was KLA Corporation's revenue in 2024?
KLA Corporation achieved $9.81 billion in revenue for fiscal year 2024.
Is KLA Corporation profitable?
KLA Corporation's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is KLA Corporation growing?
KLA Corporation has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does KLA Corporation fund its capital expenditures?
KLA Corporation funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is KLA Corporation's debt profile?
KLA Corporation maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does KLA Corporation reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "KLA Revenue & Financials." CorpDigest, https://corpdigest.com/company/kla-corporation/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>KLA reported $9.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/kla-corporation/financials" target="_blank" rel="noopener">CorpDigest — KLA financials</a></div>Explore KLA
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