KLA Corporation beats third quarter 2026 estimates with $3.42B revenue and guides strong for the fourth quarter.

KLA Corporation reported third quarter fiscal 2026 results that surpassed analyst expectations, with total revenues of $3.42 billion and non-GAAP EPS of $9.40. The company provided a robust outlook for the fourth quarter, signaling continued business momentum.

Key Highlights

• The company guides for fourth quarter revenue with a midpoint of $3.575 billion, suggesting sequential growth and a strong end to the fiscal year.
• Service revenue, a key focus for investors, grew 15.8% year-over-year to $774.8 million, driven by demand from the AI infrastructure buildout.
• KLA announced a new $7 billion share repurchase authorization and increased its quarterly dividend to $2.30 per share, underscoring its confidence in future cash flow.