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KLA(KLAC) - 2025 Q4 - Earnings Call Presentation
2025-07-31 21:00
Financial Performance Highlights - Revenue for Q4 Fiscal Year 2025 reached $3175 billion, showing a year-over-year growth of 24% and a quarter-over-quarter growth of 4%[11] - The company achieved a gross margin of 632% and an operating margin of 442%[12] - Net income for the quarter was $12 billion[12] - Non-GAAP diluted EPS stood at $938, while GAAP diluted EPS was $906[14] Revenue Breakdown - Semiconductor Process Control segment contributed $2879 billion in revenue, with a year-over-year growth of 25% and a quarter-over-quarter growth of 5%[16] - PCB and Component Inspection segment generated $142 million in revenue, showing a year-over-year growth of 17% but a quarter-over-quarter decrease of 9%[16] - Specialty Semiconductor Process segment accounted for $154 million in revenue, with a year-over-year growth of 10% but a quarter-over-quarter decrease of 9%[16] - Wafer Inspection accounted for $1772 billion in revenue, with a year-over-year growth of 52% and a quarter-over-quarter growth of 18%[19] Regional Performance - Taiwan accounted for 56% of the company's revenue[19] - China contributed 12% to the company's revenue[19] - North America accounted for 14% of the company's revenue[19] Balance Sheet and Cash Flow - The company holds a strong investment-grade balance sheet with total cash of $4495 billion[21] - Free cash flow for the June quarter was $1065 billion, resulting in a free cash flow margin of 34%[33, 34] - The company returned $6797 million to shareholders through share buybacks ($426 million) and dividends ($254 million) in the June quarter[35] Guidance for Q1 FY2026 - The company projects revenue of $315 billion +/- $150 million for the September 2025 quarter[37] - Non-GAAP gross margin is expected to be 62% +/- 1%[37] - Non-GAAP diluted EPS is forecasted at $853 +/- $077[37]