KLA Corp Q2 Profit Rises, Shares Climb on Strong Guidance

KLA Corporation (KLAC) reported higher Q2 profit on January 29, 2026, driven by robust demand for semiconductor inspection tools, and issued upbeat guidance that sent shares up in after-hours trading. Net income rose to $1.12 billion, or $7.32 per diluted share, from $948 million, or $6.12 per share, a year earlier. Revenue climbed 18% year-over-year to $2.85 billion, beating analyst estimates of $2.73 billion. Management projected Q3 revenue between $2.95 billion and $3.15 billion, above consensus expectations. CEO Richard Wallace cited strong adoption of next-gen process control systems across foundry and memory customers. The company also raised its quarterly dividend by 10% to $1.43 per share, effective March 1, 2026.