KLA Beats Q4, Guides Strong Q1 Amid China Risks

KLA Corporation posted strong Q4 2025 results, with revenue rising to roughly $3.17–$3.2 billion and non-GAAP earnings per share of $9.38, exceeding analyst expectations. Revenue grew 23.6% year-over-year, while earnings surged 42.1%, largely due to robust demand for semiconductor process control equipment supporting AI and advanced packaging technologies. Regional revenue leadership came from China and Taiwan, although KLA projects softer demand from China in the coming year. The company guided Q1 2026 revenue to $3.15 billion at the midpoint, continuing to outpace consensus estimates. Over the past five years, KLA has delivered strong shareholder returns and superior earnings growth versus the broader semiconductor industry. CEO Rick Wallace highlighted the company's pivotal role in global AI infrastructure and strong partnerships with customers like TSMC.