KLAC · 10-Q · 2026Q3 · Full report

Operating Expense Trends

KLA CORP · 2026-10-29 · Importance 23 · Surprise 22

Q1 FY27 SG&A expense was $301.5 million, up $32.5 million, or approximately 12%, year over year and up $10.0 million sequentially. The year-over-year increase primarily reflected $24.8 million of higher employee-related expense from additional headcount and compensation and benefit costs, plus $4.7 million of higher fixed-asset disposal losses. Sequentially, fixed-asset disposal losses rose $4.6 million and facilities-related expense increased $3.1 million.

Key facts

• KLA's R&D expenses were $395.096 million in the three months ended September 30, 2026, up from $360.461 million in the three months ended September 30, 2025. source
• KLA's SG&A expenses were $301.458 million in the three months ended September 30, 2026, compared with $268.988 million in the three months ended September 30, 2025. source
• KLA's R&D expenses were $395.096 million in the three months ended September 30, 2026, compared with $399.023 million in the three months ended June 30, 2026. source
• KLA's year-over-year R&D expense increased primarily because employee-related expenses rose $31.4 million due to increased headcount and higher compensation and benefits costs. source
• KLA's SG&A expenses were $301.458 million in the three months ended September 30, 2026, compared with $291.477 million in the three months ended June 30, 2026. source
• KLA's sequential SG&A expense increase primarily reflected $4.6 million of higher losses on disposal of fixed assets and a $3.1 million increase in facilities-related expense. source
• KLA's year-over-year SG&A expense increase primarily reflected $24.8 million of higher employee-related expenses from additional headcount and higher compensation and benefits costs, and $4.7 million of higher losses on disposal of fixed assets. source
• KLA's restructuring charges were immaterial in each of the three months ended September 30, 2026, June 30, 2026, and September 30, 2025. source