Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

KLA Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Accounts payable	429,836)	458,509)	429,318)	432,891)	376,505)	359,487)	354,720)	376,671)	363,662)	371,026)	410,885)	530,407)	479,707)	443,338)	424,128)	379,875)	380,827)	342,083)	295,111)	262,496)	254,458)	264,280)	243,234)	256,646)	221,388)
Deferred system revenue	818,807)	816,834)	868,345)	1,072,565)	877,207)	985,856)	994,469)	884,027)	665,777)	651,720)	533,791)	535,556)	440,477)	500,969)	428,723)	432,854)	319,846)	295,192)	332,296)	274,642)	253,604)	336,237)	336,383)	247,103)	277,515)
Deferred service revenue	604,752)	548,011)	509,075)	521,424)	512,470)	501,926)	450,933)	446,243)	406,940)	416,606)	364,394)	372,555)	362,832)	381,737)	350,429)	307,250)	286,741)	284,936)	252,992)	239,618)	241,219)	233,493)	214,238)	204,284)	201,245)
Short-term debt	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	20,000)	20,000)	20,000)	20,000)	20,000)	—)	—)	—)	—)	—)
Current portion of long-term debt	—)	—)	—)	—)	749,984)	749,936)	749,889)	749,842)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	250,000)
Other current liabilities	2,196,575)	2,262,441)	2,103,191)	2,111,378)	2,282,048)	2,063,569)	1,908,527)	2,114,214)	2,381,364)	2,303,490)	2,109,451)	2,043,983)	1,856,348)	1,545,039)	1,625,703)	1,636,119)	1,515,596)	1,161,016)	1,129,067)	1,223,356)	999,547)	865,776)	859,419)	1,010,210)	993,299)
Current liabilities	4,049,970)	4,085,795)	3,909,929)	4,138,258)	4,798,214)	4,660,774)	4,458,538)	4,570,997)	3,817,743)	3,742,842)	3,418,521)	3,482,501)	3,139,364)	2,871,083)	2,828,983)	2,776,098)	2,523,010)	2,103,227)	2,029,466)	2,020,112)	1,748,828)	1,699,786)	1,653,274)	1,718,243)	1,943,447)
Long-term debt, excluding current portion	5,885,193)	5,884,257)	5,883,322)	5,882,387)	5,881,372)	5,880,199)	5,879,025)	5,142,884)	5,891,731)	5,890,736)	5,889,740)	6,113,745)	6,312,749)	6,660,718)	3,699,799)	3,424,106)	3,423,436)	3,422,767)	3,422,097)	3,441,465)	3,420,403)	3,469,670)	3,443,937)	3,399,877)	3,174,130)
Deferred tax liabilities	464,519)	446,945)	405,912)	423,626)	471,575)	486,690)	480,270)	493,968)	505,812)	529,287)	514,269)	559,346)	557,832)	658,937)	660,816)	679,688)	625,540)	650,623)	629,896)	646,028)	656,876)	660,885)	647,220)	680,929)	688,170)
Deferred service revenue	287,133)	348,844)	351,931)	333,758)	319,794)	294,460)	271,365)	221,768)	192,236)	176,681)	176,260)	162,768)	129,861)	124,618)	107,424)	102,776)	94,824)	87,575)	86,902)	88,769)	84,953)	96,325)	100,375)	99,969)	101,001)
Other non-current liabilities	646,088)	609,632)	632,474)	639,118)	651,068)	743,115)	773,206)	807,173)	739,102)	813,058)	1,001,978)	807,454)	881,772)	882,642)	642,166)	650,813)	620,581)	631,290)	658,015)	667,964)	646,691)	672,284)	675,944)	663,732)	643,032)
Non-current liabilities	7,282,933)	7,289,678)	7,273,639)	7,278,889)	7,323,809)	7,404,464)	7,403,866)	6,665,793)	7,328,881)	7,409,762)	7,582,247)	7,643,313)	7,882,214)	8,326,915)	5,110,205)	4,857,383)	4,764,381)	4,792,255)	4,796,910)	4,844,226)	4,808,923)	4,899,164)	4,867,476)	4,844,507)	4,606,333)
Total liabilities	11,332,903)	11,375,473)	11,183,568)	11,417,147)	12,122,023)	12,065,238)	11,862,404)	11,236,790)	11,146,624)	11,152,604)	11,000,768)	11,125,814)	11,021,578)	11,197,998)	7,939,188)	7,633,481)	7,287,391)	6,895,482)	6,826,376)	6,864,338)	6,557,751)	6,598,950)	6,520,750)	6,562,750)	6,549,780)
Common stock and capital in excess of par value	2,489,121)	2,511,922)	2,401,317)	2,346,346)	2,257,052)	2,280,133)	2,177,501)	2,154,509)	2,073,476)	2,107,663)	1,996,773)	1,982,360)	1,041,948)	1,061,940)	2,179,229)	2,181,025)	2,137,706)	2,175,988)	2,115,205)	2,104,190)	2,072,715)	2,090,268)	2,019,071)	2,017,521)	1,999,845)
Retained earnings	2,495,279)	2,179,330)	1,646,055)	1,284,589)	1,328,166)	1,137,270)	958,904)	921,466)	966,179)	848,431)	721,299)	670,002)	1,118,967)	366,882)	1,972,611)	1,943,981)	1,801,268)	1,277,123)	1,070,124)	903,696)	753,915)	654,930)	376,656)	719,001)	733,173)
Accumulated other comprehensive income (loss)	671)	1,201)	(42,633)	(46,386)	(25,504)	(49,075)	(41,520)	(32,264)	(49,438)	(36,341)	(35,291)	(49,102)	(58,841)	(27,471)	(71,533)	(76,479)	(78,044)	(75,557)	(70,473)	(72,704)	(79,446)	(79,774)	(88,294)	(66,758)	(71,855)
Total KLA stockholders’ equity	4,985,071)	4,692,453)	4,004,739)	3,584,549)	3,559,714)	3,368,328)	3,094,885)	3,043,711)	2,990,217)	2,919,753)	2,682,781)	2,603,260)	2,102,074)	1,401,351)	4,080,307)	4,048,527)	3,860,930)	3,377,554)	3,114,856)	2,935,182)	2,747,184)	2,665,424)	2,307,433)	2,669,764)	2,661,163)
Non-controlling interest in consolidated subsidiaries	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	(2,261)	(1,683)	(1,771)	(1,844)	(1,912)	(1,992)	15,124)	15,161)	15,586)	17,763)	18,206)	18,456)
Total stockholders’ equity	4,985,071)	4,692,453)	4,004,739)	3,584,549)	3,559,714)	3,368,328)	3,094,885)	3,043,711)	2,990,217)	2,919,753)	2,682,781)	2,603,260)	2,102,074)	1,399,090)	4,078,624)	4,046,756)	3,859,086)	3,375,642)	3,112,864)	2,950,306)	2,762,345)	2,681,010)	2,325,196)	2,687,970)	2,679,619)
Total liabilities and stockholders’ equity	16,317,974)	16,067,926)	15,188,307)	15,001,696)	15,681,737)	15,433,566)	14,957,289)	14,280,501)	14,136,841)	14,072,357)	13,683,549)	13,729,074)	13,123,652)	12,597,088)	12,017,812)	11,680,237)	11,146,477)	10,271,124)	9,939,240)	9,814,644)	9,320,096)	9,279,960)	8,845,946)	9,250,720)	9,229,399)

Accounts payable: The accounts payable balance has generally increased from $221 million in September 2019 to a peak of $530 million in December 2022, followed by a noticeable decline in 2023, ending at approximately $430 million by September 2025. This suggests a buildup of supplier obligations up to late 2022 before a reduction phase in subsequent periods.
Deferred system revenue: Deferred system revenue displayed fluctuations with significant growth from around $277 million in September 2019 to peaking at nearly $1.07 billion in December 2024. This indicates an increasing recognition of revenue received but not yet earned, reflecting expanding deferred contractual or subscription-related obligations over time.
Deferred service revenue: Deferred service revenue has shown consistent growth from $201 million in late 2019 to $605 million by September 2025, highlighting sustained growth in service contracts or prepayments that are being recognized over future periods, suggesting rising service demand or contract volume.
Short-term debt and current portion of long-term debt: Short-term debt appeared only in December 2020 through December 2021 at a steady $20 million, after which it vanished. The current portion of long-term debt is inactive until it reappears in late 2023 with large balances (~$750 million), indicating a restructuring or refinancing event introducing substantial currently due long-term obligations.
Other current liabilities: Other current liabilities rose from around $993 million in September 2019 to over $2.3 billion by mid-2023, before stabilizing around $2.2 billion in subsequent quarters. This signals increased short-term obligations, possibly accrued expenses or other liabilities, peaking mid-2023 and moderating thereafter.
Current liabilities and total liabilities: Current liabilities grew from $1.94 billion in September 2019 to a high of around $4.57 billion by mid-2023 but then slightly declined, suggesting expanding short-term obligations with a peak followed by controlled reduction. Total liabilities escalated progressively from $6.55 billion to a peak near $12.12 billion in late 2024 before dropping below $11.4 billion by mid-2025, indicating overall leverage increase followed by partial deleveraging or liability repayments.
Long-term debt, excluding current portion: Long-term debt remained relatively stable around $3.4 billion through 2021, then significantly rose peaking near $6.7 billion in late 2021 and generally maintained elevated levels through subsequent years. This reflects major long-term financing activities or debt issuances increasing leverage substantially after 2020.
Deferred tax liabilities: Deferred tax liabilities slightly decreased from $688 million in 2019 to the $460 million range in 2025, showing a gradual reduction, which may indicate changes in temporary differences or tax planning strategies affecting deferred tax obligations.
Other non-current liabilities and total non-current liabilities: Other non-current liabilities fluctuated moderately between $620 million and $1 billion, with no clear long-term trend but showing periodic increases and decreases. Total non-current liabilities grew from approximately $4.6 billion in 2019 to a peak near $8.3 billion late 2021, followed by declines and stabilization around $7.3 billion, reflecting variability in long-term obligations excluding current portions.
Common stock and capital in excess of par value: Common stock and capital in excess of par value displayed moderate growth from $2 billion to about $2.5 billion by late 2024 and 2025, indicating steady equity injections or retained equity growth boosting shareholder funds.
Retained earnings: Retained earnings were highly volatile, starting around $733 million in 2019, experiencing a low near $367 million in early 2020, followed by continuous growth to over $2.4 billion in late 2025. This pattern suggests variable profitability or dividend policies with strong earnings retention post-2020.
Accumulated other comprehensive income (loss): Accumulated other comprehensive income (loss) mostly recorded negative values through the periods with some recovery near zero and positive territory only at the end of the series, reflecting fluctuations in unrealized gains/losses on investments or currency adjustments that impact comprehensive income.
Total stockholders’ equity: Total stockholders’ equity grew from roughly $2.68 billion in 2019 to nearly $5 billion by late 2025, highlighting a notable strengthening of the capital base through increased retained earnings and contributed capital despite some volatility in comprehensive income.
Total liabilities and stockholders’ equity: The sum of liabilities and equity rose steadily from approximately $9.23 billion in 2019 to about $16.3 billion by late 2025, demonstrating overall growth in the company's financial scale and balance sheet size, driven by expansions in liabilities and equity.

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KLA Corp. (NASDAQ:KLAC)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data