Kla (KLAC) Operating Margin (2009 - 2026)
Kla (KLAC) recorded quarterly Operating Margin of 41.21% in Q1 2026, little changed quarter-over-quarter from 41.31% in Q4 2025, and down 124.0% on a YoY basis from 171.73% in Q1 2025.
Kla (KLAC) Operating Margin (2009 - 2026) Analysis & Trends
Kla's Operating Margin history runs 18 years deep, the most recent figure standing at 41.21% for Q1 2026.
- In Q1 2026, Operating Margin fell 124.0% year-over-year to 41.21%; the TTM figure through Mar 2026 stood at 41.68% (up 151.0% YoY), while the FY2025 annual figure was 41.25%, up 420.0% from the prior year.
- Operating Margin was 41.21% for Q1 2026 at Kla, roughly flat from 41.31% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 42.58% in Q2 2025 to a low of 34.19% in Q1 2024.
- Historically, Operating Margin has averaged 39.22% across 5 years, with a median of 39.41% in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Margin slumped 419 bps in 2023, then soared 826 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 40.19% in 2022, then retreated by 5 bps to 38.3% in 2023, then increased by 5 bps to 40.37% in 2024, then advanced by 2 bps to 41.31% in 2025, then fell by 0 bps to 41.21% in 2026.
- The last three Operating Margin figures came in at 41.21% (Q1 2026), 41.31% (Q4 2025), and 41.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 14,963,355.55 Bn | 14,963,340.04 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 408.02 Bn | 403.27 Bn | 2.91 Bn | 35.04% |
| 3 | Applied Materials | 391.00 Bn | 384.25 Bn | 3.95 Bn | 31.90% |
| 4 | Kla | 277.01 Bn | 272.05 Bn | 2.09 Bn | 41.21% |
| 5 | Teradyne | 58.18 Bn | 57.94 Bn | 780.95 Mn | 36.88% |
| 6 | Qnity Electronics | 30.25 Bn | 30.41 Bn | 618.00 Mn | 26.69% |
| 7 | Entegris | 20.20 Bn | 19.76 Bn | 380.80 Mn | 17.44% |
| 8 | Amkor Technology | 16.87 Bn | 15.05 Bn | 239.03 Mn | 5.95% |
| 9 | Onto Innovation | 13.38 Bn | 12.72 Bn | 146.39 Mn | 11.48% |
| 10 | Formfactor | 9.68 Bn | 9.38 Bn | 86.79 Mn | 7.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.21% |
| Dec 31, 2025 | 41.31% |
| Sep 30, 2025 | 41.66% |
| Jun 30, 2025 | 42.58% |
| Mar 31, 2025 | 42.45% |
| Dec 31, 2024 | 40.37% |
| Sep 30, 2024 | 39.41% |
| Jun 30, 2024 | 38.05% |
| Mar 31, 2024 | 34.19% |
| Dec 31, 2023 | 38.30% |
| Sep 30, 2023 | 37.51% |
| Jun 30, 2023 | 35.00% |
| Mar 31, 2023 | 35.38% |
| Dec 31, 2022 | 40.19% |
| Sep 30, 2022 | 40.77% |
| Jun 30, 2022 | 39.19% |
| Mar 31, 2022 | 39.10% |
| Dec 31, 2021 | 41.06% |
| Sep 30, 2021 | 39.29% |
| Jun 30, 2021 | 37.38% |