Strong Financial Performance
KLA delivered strong results with revenue of $3.21 billion and non-GAAP diluted EPS of $8.81. GAAP diluted EPS was $8.47. Gross margin was 62.5%, driven by a stronger product mix and manufacturing efficiencies.
Advanced Packaging Revenue Growth
Advanced packaging-related revenue is expected to exceed $925 million for calendar year 2025, up approximately 70% year-over-year.
Service Business Growth
Service revenue grew to $745 million in the September quarter, up 6% sequentially and 16% year-over-year.
Record Cash Flow
Strong cash flow in the quarter was at a record of $1.066 billion. Over the past 12 months, free cash flow was $3.9 billion, with a free cash flow margin of 31%.
Capital Returns
Total capital return in the September quarter was $799 million, consisting of $545 million in share repurchases and $254 million in dividends. Total capital return over the past 12 months was $3.09 billion.
Positive Outlook for 2026
KLA anticipates mid- to high single-digit growth in WFE for 2025 and expects 2026 to be a growth year with a broader spending profile for both WFE and advanced packaging.