KLA Investor Day Presentation Deck
Significant Progress Since 2019 Investor Day
Where We Were
2019 Investor Day
Where We Are
2022 Investor Day
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Targeted 7-9% revenue growth CAGR
from 2019 2023E
Continued high levels of investment in
R&D to broaden portfolio and expand
market leadership
Focused on integrating recent
acquisitions and driving synergies
Codified KLA Operating Model
Capital Returns >70%
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Source: KLA filings and estimates, Gartner April 2022
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Achieved 300+bps of market share and
intensity gains
Delivered strong relative growth with a more
diversified revenue stream. Semi PC growth
CAGR +3% vs. WFE (from '18-'21)
Grew recurring revenue from Services
(14% revenue CAGR from '19-'21)
Exceeded synergy targets by ~2x and improved
margins in acquired businesses
Invested in talent, global infrastructure and scale
to support structural growth
Capital Returns > 80% since 2019 Investor Day
Where We Are Going
2026 Target Model
Optimizing business through technology
leadership + portfolio leverage
Targeting 9-11% revenue growth CAGR
from 2021 2026E
Continuing to grow KLA's share of WFE
from low 6%s to ~7.25%+
Sustaining 40-50% incremental
operating margins and delivering 1.5x
EPS leverage
Capital Returns > 85%
Continued focus on growth drivers, operating leverage, and deploying capital
KLAH Investor Day
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