Stock Analysis on Net
Stock Analysis on Net

KLA Corp. (NASDAQ:KLAC)

Common-Size Income Statement 

KLA Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Product 76.26 79.83 79.26 75.74 74.55 74.25
Service 23.74 20.17 20.74 24.26 25.45 25.75
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Costs of revenues -40.03 -40.19 -39.00 -40.07 -42.19 -40.92
Gross margin 59.97% 59.81% 61.00% 59.93% 57.81% 59.08%
Research and development -13.03 -12.35 -12.00 -13.42 -14.88 -15.56
Selling, general and administrative -9.88 -9.40 -9.34 -10.55 -12.64 -13.11
Impairment of goodwill and purchased intangible assets -2.95 0.00 0.00 0.00 -4.42 0.00
Income from operations 34.10% 38.06% 39.67% 35.97% 25.87% 30.41%
Interest expense -3.17 -2.83 -1.74 -2.27 -2.76 -2.73
Loss on extinguishment of debt 0.00 -0.13 0.00 0.00 -0.39 0.00
Interest income 1.64 0.71 0.09 0.13 0.37 0.88
Foreign exchange gains (losses), net 0.07 0.00 -0.04 -0.07 -0.07 0.01
Net realized gains (losses) on sale of investments 0.00 -0.01 0.00 0.00 0.01 -0.03
Other -0.13 0.30 -0.10 0.36 -0.35 -0.17
Other income (expense), net 1.58% 1.00% -0.05% 0.42% -0.05% 0.69%
Income before income taxes 32.51% 36.10% 37.88% 34.12% 22.68% 28.37%
Provision for income taxes -4.36 -3.83 -1.81 -4.09 -1.75 -2.65
Net income 28.15% 32.27% 36.06% 30.03% 20.93% 25.72%
Net (income) loss attributable to non-controlling interest 0.00 0.00 0.00 0.01 0.03 0.01
Net income attributable to KLA 28.15% 32.27% 36.06% 30.04% 20.96% 25.73%

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. KLA Corp. income from operations as a percentage of revenues decreased from 2022 to 2023 and from 2023 to 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. KLA Corp. income before income taxes as a percentage of revenues decreased from 2022 to 2023 and from 2023 to 2024.
Net income attributable to KLA The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. KLA Corp. net income attributable to KLA as a percentage of revenues decreased from 2022 to 2023 and from 2023 to 2024.