KLA Reports Fiscal Q2 2026 Revenue of $3.30 Billion and GAAP EPS of $8.68
KLA reported fiscal second-quarter 2026 revenue of $3.30 billion and GAAP diluted EPS of $8.68, both above the midpoints of its guidance ranges, and said the quarter was a record for revenue, non-GAAP operating income and free cash flow. Revenue rose from $3.08 billion a year earlier, and GAAP net income rose to $1.15 billion from $825 million, which included a $239.1 million impairment charge in the prior-year quarter. The company guided third-quarter fiscal 2026 revenue to $3.35 billion, plus or minus $150 million, and non-GAAP diluted EPS to $9.08, plus or minus $0.78.
Key points
- Q2 fiscal 2026 total revenues were $3.30 billion, versus $3.08 billion in Q2 fiscal 2025 and $3.21 billion in Q1 fiscal 2026
- GAAP diluted EPS was $8.68 and non-GAAP diluted EPS was $8.85, compared with $6.16 and $8.20 a year earlier
- Free cash flow was $1.26 billion for the quarter and capital returns were $797.4 million
- Q3 fiscal 2026 guidance: revenue $3.35 billion +/- $150 million; non-GAAP diluted EPS $9.08 +/- $0.78
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.