Earnings call briefFiscal first-quarter
KLA raises calendar 2026 wafer market view to approximately mid-$150 billion
KLA said it currently expects the wafer equipment market to exceed $200 billion in calendar 2027.
GetSignal KLA KLAC
On its fiscal first-quarter call, KLA said it has raised its calendar 2026 wafer equipment market view, including advanced packaging, to approximately the mid-$150 billion range. Chief Financial Officer Bren D. Higgins said persistently high memory costs for the company's system image processing requirements are offsetting expected operating leverage as the business grows. The company said it expects fiscal December-quarter gross margin of 62.5% plus or minus 1 percentage point.
Quotes from the call
“We are therefore raising our expectation for the wafer equipment market including advanced packaging, to approximately the mid-$150 billion range in calendar 2026.”
Key facts from the call
- Calendar 2026 wafer equipment market view, raised
- Approximately the mid-$150 billion range, including advanced packaging
- Calendar 2027 wafer equipment market outlook
- Exceed $200 billion, per the company's current view
- Fiscal December-quarter gross margin outlook
- 62.5% plus or minus 1 percentage point
- Fiscal December-quarter operating expenses outlook
- Approximately $710 million
Source: KLA's fiscal first-quarter earnings call, October 28, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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