KLA Corporation
Shortcut
1.19Normalized diluted EPS
+1.2% vs Street
Street
1.18Normalized diluted EPS
October 25 consensus snapshot
Real
1.22Issuer non-GAAP diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Guidance (Jul-28-2026): revenue $4.0B +/- $0.2B, non-GAAP GM 62.5% +/- 1pt, opex ~$690M, other expense ~$25M, tax 14.5%, ~1,312M shares, non-GAAP EPS $1.16 +/- $0.10; frozen consensus ($1.18 / $4,038M) already sits $0.02 / ~1% above the midpoint.
Track record: revenue beat the guide midpoint by ~1.9-2.3% and non-GAAP EPS by $0.015-0.067 in each of the last four quarters; model assumes revenue +1.5% vs midpoint ($4,062M) and gross margin +25bp (62.75%), haircut for memory-cost and optics supply headwinds flagged at Citi TMT (Sep-9-2026).
Bottom-up build: Wafer Inspection and Patterning +14.5% Q/Q, services +14.5% Y/Y (management: toward high end of 13-15%), Specialty +10%, PCB -10% after a 76% Q4 jump; non-GAAP opex $692M, other expense $23M, tax 14.5%, diluted shares 1,312.9M -> non-GAAP EPS $1.194.
On the record.
- Reporting period
- Q1 FY2027 (FQ1 2027 - Sep 2026)
- Reporting basis
- Normalized (KLA non-GAAP) diluted EPS, post 10-for-1 split
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 3:41 AM PDT
- Reviewed revision completed
- Oct 26, 2026 at 3:41 AM PDT
- First published
- Oct 26, 2026 at 4:47 AM PDT
Result basis
KLA reports fiscal Q1 2027 non-GAAP diluted EPS $1.22 and GAAP diluted EPS $1.18 for September 30,2026. The issuer non-GAAP reconciliation and diluted common-share convention match the published forecast. The release explicitly says all per-share amounts reflect the ten-for-one stock split effective June 11,2026. The frozen forecast already uses that basis; no further split conversion.