KLA Reports Backlog Growth to $12.57 Billion in Fiscal 2026
KLA's annual report says backlog rose from $7.86 billion to $12.57 billion, driven by demand for inspection and process-control systems amid AI infrastructure expansion. Services accounted for approximately 23% of fiscal 2026 revenue.
KLA Corporation's annual report for the fiscal year ended June 30, 2026, highlights a substantial increase in its backlog, which grew to $12.57 billion from $7.86 billion. The company attributes this growth to strong demand for its inspection and process control systems, fueled by the ongoing buildout of AI infrastructure. As semiconductor manufacturers scale production for AI and high-performance computing, the complexity of chip packaging has increased, making KLA's automated inspection tools essential for maintaining yield.
The company also noted that services accounted for approximately 23% of its total revenue in fiscal 2026, underscoring the value of its post-installation support.