KLA Reports Q3 Fiscal 2026 Results, Approves Stock Split and Dividend Hike
KLA Corporation reported Q3 fiscal 2026 results with revenue of $3.415 billion and GAAP diluted EPS of $9.12. The company also approved a 10-for-1 stock split and a 21% dividend increase, while completing a multi-year share repurchase program.
Key Numbers
KLA Corporation (NASDAQ: KLAC) reported its third-quarter fiscal 2026 results, with revenue of $3,415.08 million and GAAP diluted earnings per share of $9.12. The company also provided guidance for the fourth quarter, expecting revenue of approximately $3.575 billion and EPS of roughly $9.66. In a move underscoring its focus on returning capital to shareholders, KLA announced a 10-for-1 stock split and a 21% dividend increase, alongside the completion of a multi-year share repurchase program.
Key Financial Results
| Metric | Q3 Fiscal 2026 |
|---|---|
| Revenue | $3,415.08 million |
| GAAP Diluted EPS | $9.12 |
| Q4 Guidance: Revenue | ~$3.575 billion |
| Q4 Guidance: EPS | ~$9.66 |
Highlights from the Announcement
- Completed a multi-year share repurchase program totaling 19.30 million shares for $9.69 billion.
- Approved a 10-for-1 stock split.
- Increased the dividend by 21%.
Future Guidance
For the fourth quarter of fiscal 2026, KLA expects revenue of approximately $3.575 billion and EPS of approximately $9.66, indicating continued growth.
Impact on the Stock
The capital return initiatives, including the stock split and dividend increase, are likely to boost investor confidence and attract new investors due to the lower post-split share price.
What This Means for Investors
KLA demonstrates a strong commitment to shareholder value through buybacks, dividend hikes, and a stock split. With solid financial results and positive guidance, the company remains well-positioned for future growth.
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