KLA posts record Q1 FY2027 revenue and raises Q2 outlook
KLA Corporation reported first‑quarter fiscal 2027 revenue of $4.14 billion, a 29% year‑over‑year increase, and GAAP EPS of $1.18 with non‑GAAP EPS of $1.22. The company posted a record operating margin of 46.1% and free cash flow of $1.34 billion. It raised its December‑quarter guidance to $4.7 billion of revenue (±$200 million) and non‑GAAP EPS of $1.44 (±$0.11), citing strong demand from AI and advanced packaging markets.
Why it matters
The beat and higher guidance suggest continued revenue growth and margin expansion, which should support the stock’s upside as investors price in stronger earnings and cash‑return capacity. The company’s outlook for the wafer‑equipment market to exceed $200 billion in 2027 reinforces a bullish view of long‑term demand.
Key facts
- 1Q1 FY2027 revenue was $4.14 billion. prnewswire.com
- 2GAAP diluted EPS for the quarter was $1.18. prnewswire.com
- 3Non‑GAAP diluted EPS for the quarter was $1.22. prnewswire.com
- 4Operating margin reached 46.1%, a record for the company. investing.com
- 5Gross margin was 62.7% on a non‑GAAP basis. investing.com
- 6Free cash flow for the quarter was $1.34 billion. prnewswire.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.