KLA Backlog Jumps to $12.57B in FY26, Fueled by AI Demand

KLA Corp. reported a substantial increase in its backlog, reaching $12.57 billion as of June 30, 2026, up from $7.86 billion in the prior year. This growth is attributed to strong demand fueled by the AI infrastructure buildout. The company's services business contributed approximately 23% to total revenues in fiscal 2026, with international revenues accounting for 87% of total revenues. KLA also detailed its ESG commitments, including science-based targets for GHG emissions reduction and a goal for 100% renewable electricity by 2030.