For the quarter ending 2026-03-31, KLAC had -$665,114K decrease in cash & cash equivalents over the period. $622,264K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,200,990 | 1,145,682 | 1,121,040 | 1,202,849 |
| Impairment of goodwill and purchased intangible assets | 0 | 0 | - | 0 |
| Depreciation and amortization | 99,088 | 99,268 | 97,016 | 96,252 |
| Loss on extinguishment of debt | - | - | - | 0 |
| Unrealized foreign exchange loss and other | 14,000 | -2,304 | -12,078 | 8,648 |
| Asset impairment charges | - | - | - | 0 |
| Disposal of non-controlling interest | - | - | - | 0 |
| Stock-based compensation expense | 83,938 | 73,947 | 70,182 | 71,269 |
| Net gain on sale of assets | - | - | - | 161 |
| Gain on sale of business | - | - | - | 0 |
| Deferred income taxes | - | - | - | -246,577 |
| Net gain on sale of assets | 683 | 0 | - | - |
| Settlement of treasury lock agreement | - | - | - | 0 |
| Deferred income taxes | -20,348 | -100,704 | 93,798 | - |
| Accounts receivable | 233,948 | -191,158 | 12,575 | 67,608 |
| Inventories | 159,135 | -1,214 | 95,738 | 48,519 |
| Other assets | 63,783 | 65,267 | -50,921 | 86,564 |
| Accounts payable | 93,276 | -5,027 | -23,680 | -8,601 |
| Deferred system revenue | -237,250 | 39,285 | 1,974 | -51,515 |
| Deferred service revenue | -41,737 | -22,082 | -4,970 | 35,850 |
| Other liabilities | -34,394 | -61,147 | -44,042 | 90,708 |
| Net cash provided by operating activities | 707,451 | 1,367,607 | 1,161,591 | 1,164,991 |
| Proceeds from sale of assets | - | 0 | - | 0 |
| Net proceeds from sale of business | - | - | - | 0 |
| Business acquisitions, net of cash acquired | - | - | - | 0 |
| Acquisition of intellectual property | - | - | - | 2,100 |
| Capital expenditures | 85,187 | 105,576 | 95,894 | 100,408 |
| Proceeds from capital-related government assistance | 0 | 15,241 | 1,541 | 5,948 |
| Purchases of available-for-sale and equity securities | 1,039,202 | 861,613 | 949,871 | 748,014 |
| Proceeds from sale of available-for-sale securities | - | - | - | 128,116 |
| Proceeds from maturity of available-for-sale securities | - | - | - | 394,759 |
| Proceeds from maturity and sale of available-for-sale securities | 639,625 | 840,909 | 632,795 | - |
| Purchases of trading securities | 48,919 | 23,944 | 156,864 | 30,013 |
| Proceeds from sale of trading securities | 36,924 | 22,301 | 158,305 | 26,367 |
| Proceeds from other investments | - | - | - | 0 |
| Other, net | 2,451 | - | - | - |
| Net cash provided by (used in) investing activities | -494,308 | -112,682 | -409,988 | -325,345 |
| Payment of debt issuance costs | 0 | 0 | 1,602 | 0 |
| Proceeds from issuance of debt, net of issuance costs | - | - | - | 0 |
| Proceeds from revolving credit facility, net of costs | - | - | - | 0 |
| Repayment of debt | 0 | 0 | - | 0 |
| Common stock repurchases | 625,955 | 547,750 | 545,067 | 425,697 |
| Payment of dividends to stockholders | 248,836 | 249,654 | 254,008 | 253,965 |
| Issuance of common stock | 1 | 55,542 | - | 103,976 |
| Tax withholding payments related to vested and released restricted stock units | 4,362 | 5,717 | 81,122 | 54,127 |
| Contingent consideration payable and other, net | - | - | - | 0 |
| Purchase of non-controlling interest | - | - | - | 0 |
| Net cash used in financing activities | -879,152 | -747,579 | -881,799 | -629,813 |
| Effect of exchange rate changes on cash and cash equivalents | 895 | -1,433 | -2,501 | 11,053 |
| Net decrease in cash and cash equivalents | -665,114 | 505,913 | -132,697 | 220,886 |
| Cash and cash equivalents at beginning of period | 2,452,124 | 1,946,211 | 2,078,908 | 1,858,022 |
| Cash and cash equivalents at end of period | 1,787,010 | 2,452,124 | 1,946,211 | 2,078,908 |
KLA CORP (KLAC)
KLA CORP (KLAC)