KLA Sees 2027 Growth Outpacing 2026 After Raising Revenue and EPS Guidance
VECO•KLA raised its quarterly revenue forecast by 6.7% and lifted EPS outlook by 9.2%, projecting 2027 growth to exceed 2026. The company expects advanced packaging revenue to jump from $635 million in 2025 to $1 billion in 2026 but warned of a 100-basis-point margin hit from higher memory costs.
1. Guidance Lift and Multi-Year Outlook
KLA increased its quarterly revenue forecast by 6.7% and raised EPS guidance by 9.2%, while management indicated that year-over-year growth in 2027 will surpass that of 2026. This rare forward view reflects unprecedented demand visibility and confidence in a sustained multi-year expansion cycle.
2. AI-Driven Packaging Boom
The company projects advanced packaging revenue to climb from $635 million in 2025 to $1 billion in 2026, driven by surging AI chip demand. This high-tech assembly process marks a pivotal inflection point, positioning KLA at the heart of the industry’s acceleration.
3. Margin Headwinds and Supply Limits
Management warned of a roughly 100-basis-point drag on gross margin due to elevated memory component costs absorbed by the company. Executives also cautioned that physical limits on new fab construction could constrain the pace at which chip-equipment supply meets soaring demand.
