---
schema_version: "secwatch.filing_event.v1"
accession: "0000319201-23-000008"
form_type: "8-K"
ticker: "KLAC"
cik: "0000319201"
company_name: "KLA CORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:35:16.056274+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KLA reports Q2 FY2023 revenue $2.98B, above guidance; Q3 outlook weak

## Summary
- Q2 FY2023 revenue $2.984B (guidance $2.65-$2.95B); GAAP EPS $6.89, non-GAAP $7.38.
- Cash from ops $688.3M, free cash flow $594.6M; capital returns $539.2M ($184.2M dividends, $355M buybacks).
- Q3 FY2023 guidance: revenue $2.2-$2.5B (down ~22% QoQ midpoint), GAAP EPS $4.06-$5.46, non-GAAP $4.52-$5.92.
- CEO cites strong growth and profitability despite supply chain challenges; continues investing in next-gen products.

## SEC filing metadata
- accession: 0000319201-23-000008
- form_type: 8-K
- ticker: KLAC
- cik: 0000319201
- company_name: KLA CORP
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319201/000031920123000008/0000319201-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319201/000031920123000008/klac-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000319201-23-000008
- JSON: https://secwatch.observer/filing/0000319201-23-000008.json
- Plain text: https://secwatch.observer/filing/0000319201-23-000008.txt

## Key facts
- Earnings Releases
  KLA CORP reported second quarter of fiscal year 2023 results: revenue $2.98 billion, net income $978.8 million, EPS $6.89.
  - Period: second quarter of fiscal year 2023
  - Revenue: $2.98 billion
  - Net income: $978.8 million
  - EPS: $6.89
  - Result: reported results
  source text: Communications Officer (408) 875-6627 (408) 875-6633 kevin.kessel@kla.com randi.polanich@kla.com KLA Corporation Reports Fiscal 2023 Second Quarter Results • Total revenues were $2.98 billion, above the guidance range of $2.65 to $2.95 billion; • GAAP diluted EPS attributable to KLA was $6.89 and non-GAAP diluted EPS attributable to KLA was $7.38, each finishing
  evidence_url: https://www.sec.gov/Archives/edgar/data/319201/000031920123000008/0000319201-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.