| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q4'26 | July 28, 2026 | 9/12 | 1 high, 3 medium, 2 low flags | 4 | 0 | Call sheet → |
| Q3'26 | April 29, 2026 | 9/12 | 2 medium, 4 low flags | 3 | 1 | Call sheet → |
| Q2'26 | January 29, 2026 | 9/12 | 3 medium, 4 low flags | 5 | 1 | Call sheet → |
| Q1'26 | 2025-10-29 | 10/12 | 1 medium, 5 low flags | 5 | 0 | Call sheet → |
| Q4'25 | July 31, 2025 | 12/12 | 6 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q4'26 | Exceeded | Operating margin leverage of 40-50% incremental Achieved 59% incremental margin this quarter |
| Q4'26 | Delivered | Quarter-to-quarter revenue growth throughout 2026 Q4 up 7% sequentially, September guided up another 9% |
| Q4'26 | Pending | Semi-PC business to grow over 20% in 2026 Tracking to plan based on H2 acceleration guidance |
| Q4'26 | Delivered | Service business long-term growth of 13% to 15% Growing 17% YoY, exceeding target range |
| Q4'26 | Pending | Gross margins of approximately 62% plus or minus 50 basis points in calendar 26 Currently at 62.4%, within range but memory headwinds worsening |
| Q4'26 | Exceeded | Advanced packaging revenue of approximately $1 billion in 2026 Now guiding to $1.1 billion, 10% above prior guide |
| Q3'26 | Pending | China revenue mid-20s to high-20s range for 2026 Stopped providing specific percentages, called impact 'immaterial' |
| Q3'26 | Missed | DRAM cost headwind to improve as we exit calendar year Now expect headwind to persist through at least 2026 |
| Q3'26 | Pending | Gross margins approximately 62% plus/minus 50bp in 2026 Maintained guidance despite DRAM cost pressure worsening |
| Q3'26 | Exceeded | Advanced packaging growth in mid to high teens Revised to high-50s% range, massive upward revision |
| Q3'26 | Exceeded | 2026 revenue will grow mid-single digits with accelerating second half growth Now guiding high-teens growth vs mid-single digits |
| Q3'26 | Exceeded | WFE market to grow high single to low double digits, reaching low $120B range Delivered $140B+ guidance, $20B above prior target |
| Q2'26 | Missed | Advanced packaging market to grow more than 20% in 2026 Quietly walked back to 'mid to high teens' growth expectation |
| Q2'26 | Delivered | Gross margins around 62% plus or minus 1 percentage point Hit 62.6% in December quarter, within guidance range |
| Q2'26 | Exceeded | Service revenue growth of 12-14% for 2025 Service growing 16-18% YoY, above target range |
| Q2'26 | Delivered | China to be 30% plus or minus range for full year China trending to ~30% for full year as guided |
| Q2'26 | Delivered | Mid to high single-digit WFE growth in 2025 Market came in as expected, KLA outperformed with 17% growth |
| Q2'26 | Exceeded | Advanced packaging revenue to exceed $925M for 2025 Delivered $950M, beating guidance by ~3% |
| Q1'26 | Delivered | Service business 12-14% growth range Q1 at 16% YoY, tracking above target range |
| Q1'26 | Pending | Calendar 2025 gross margins around 62.5% December guidance at 62% suggests Q4 uptick needed to hit full-year target |
| Q1'26 | Delivered | General revenue stability for remainder of calendar 2025 December guidance consistent with flat to modest growth expectation |
| Q1'26 | Delivered | Meaningfully outperform mid-single-digit WFE growth in 2025 On track with higher intensity and share gains offsetting China headwinds |
| Q1'26 | Delivered | China business to drop to 30% level in 2025 Tracking to ~30% for full year, though now guiding mid-20s for 2026 |
| Q1'26 | Exceeded | Advanced packaging revenue to exceed $850M in 2025 Raised to $925M, third or fourth upward revision this year |
| Q4'25 | Pending | Meaningful outperformance of mid-single digit WFE growth Still confident but no specific quantification provided |
| Q4'25 | Delivered | Lead time normalization to 6-8 months Now at 7-9 months, substantial improvement from 18 months |
| Q4'25 | Delivered | Gross margin ~62.5% for full year 2025 including tariff impact Reaffirmed despite tariff headwinds |
| Q4'25 | Pending | WFE mid-single digit growth, KLAC outperformance by several points Reaffirmed WFE view, confident in outperformance |
| Q4'25 | Delivered | Service business growth ~10% for 2025 On track despite export control headwinds |
| Q4'25 | Delivered | China revenue ~30% for full year 2025 Tracking to 30% as promised, Q2 was 30% |
| Q4'25 | Exceeded | Advanced packaging revenue to exceed $850M in 2025 Now guiding >$925M, significant upward revision |
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