KLA Corporation stock research
FY2025 Q4
KLA (KLAC) Gross Margin — Quarter Ended Jun 30, 2025
Revenue rose while cost of revenue held steady versus the prior quarter, leading gross profit and gross margin higher. Compared with the same quarter one year earlier, revenue, cost of revenue, and gross profit all increased, and gross margin improved further.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q4
Revenue rose while cost of revenue held steady versus the prior quarter, leading gross profit and gross margin higher. Compared with the same quarter one year earlier, revenue, cost of revenue, and gross profit all increased, and gross margin improved further.
- Gross margin improved sequentially because gross profit grew while cost of revenue did not increase; on a year-over-year basis the margin also rose as gross profit outpaced the increase in cost of revenue.
- Compared with the prior quarter, revenue was higher, gross profit was higher, cost of revenue was stable, and gross margin was higher. Versus the same quarter last year, revenue, cost of revenue, gross profit, and gross margin were all higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
62.0%
Gross profit
$2.0B
Revenue
$3.2B
Cost of revenue
$1.2B
Quarter-over-quarter change
+0.4 pts
Year-over-year change
+1.3 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Sep 30, 2024 | $2.8B | $1.7B | $1.1B | 59.6% |
| Dec 31, 2024 | $3.1B | $1.9B | $1.2B | 60.3% |
| Mar 31, 2025 | $3.1B | $1.9B | $1.2B | 61.6% |
| Jun 30, 2025 | $3.2B | $2.0B | $1.2B | 62.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+0.4 pts
Year-over-year change
Jun 30, 2024
+1.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross margin improved sequentially because gross profit grew while cost of revenue did not increase; on a year-over-year basis the margin also rose as gross profit outpaced the increase in cost of revenue.
Compared with the prior quarter, revenue was higher, gross profit was higher, cost of revenue was stable, and gross margin was higher. Versus the same quarter last year, revenue, cost of revenue, gross profit, and gross margin were all higher.
Monitor whether cost of revenue remains steady or begins to increase as revenue grows further.