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SEC filingKLA Corporation reported Q3 FY2026 results with revenues of $3.415 billion and non-GAAP diluted EPS of $9.40, both exceeding guidance midpoints, alongside increased dividend and $7 billion buyback authorization.
KLA Corporation's Q3 FY2026 results demonstrated robust performance, with total revenues of $3.415 billion surpassing the guidance midpoint of $3.35 billion, driven by $2.640 billion in product revenues and $775 million in service revenues. GAAP net income reached $1.201 billion, yielding diluted EPS of $9.12, while non-GAAP figures showed $1.239 billion net income and $9.40 EPS, both exceeding prior quarter and year-ago levels. CEO Rick Wallace highlighted strong business momentum, KLA's pivotal role in the AI ecosystem across foundry/logic, memory, advanced packaging, and services, reinforced by market share gains in process control per third-party reports. Balance sheet strength is evident with cash and equivalents at $1.787 billion and stockholders' equity up to $5.830 billion as of March 31, 2026, supporting aggressive capital returns totaling $875 million in the quarter. The Board approved a quarterly dividend hike to $2.30 per share from May 2026—the 17th consecutive annual increase—and added $7 billion to repurchases, signaling confidence in the 2030 target model. Q4 guidance projects revenues at $3.575 billion +/- $200 million, with non-GAAP gross margin at 61.75% +/- 1% and non-GAAP EPS at $9.87 +/- $1.00, reflecting sustained optimism amid AI infrastructure buildout.