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Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and KLA Corporation (KLAC). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $3.4B, roughly 1.8× KLA Corporation). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 35.2%, a 1.7% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

KLA Corporation is an American company based in Milpitas, California that makes wafer fab equipment. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.

CM vs KLAC — Head-to-Head

Bigger by revenue
CM
CM
1.8× larger
CM
$6.1B
$3.4B
KLAC
Higher net margin
CM
CM
1.7% more per $
CM
36.9%
35.2%
KLAC

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CM
CM
KLAC
KLAC
Revenue
$6.1B
$3.4B
Net Profit
$2.3B
$1.2B
Gross Margin
Operating Margin
Net Margin
36.9%
35.2%
Revenue YoY
11.5%
Net Profit YoY
10.3%
EPS (diluted)
$9.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CM
CM
KLAC
KLAC
Q1 26
$6.1B
$3.4B
Q4 25
$3.3B
Q3 25
$5.3B
$3.2B
Q2 25
$5.1B
$3.2B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$2.8B
Q2 24
$2.6B
Net Profit
CM
CM
KLAC
KLAC
Q1 26
$2.3B
$1.2B
Q4 25
$1.1B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.2B
Q1 25
$1.1B
Q4 24
$824.5M
Q3 24
$945.9M
Q2 24
$836.4M
Gross Margin
CM
CM
KLAC
KLAC
Q1 26
Q4 25
61.4%
Q3 25
61.3%
Q2 25
62.0%
Q1 25
61.6%
Q4 24
60.3%
Q3 24
59.6%
Q2 24
60.7%
Operating Margin
CM
CM
KLAC
KLAC
Q1 26
Q4 25
Q3 25
Q2 25
41.9%
Q1 25
41.3%
Q4 24
31.6%
Q3 24
38.0%
Q2 24
36.8%
Net Margin
CM
CM
KLAC
KLAC
Q1 26
36.9%
35.2%
Q4 25
34.7%
Q3 25
28.9%
34.9%
Q2 25
28.6%
37.9%
Q1 25
35.5%
Q4 24
26.8%
Q3 24
33.3%
Q2 24
32.6%
EPS (diluted)
CM
CM
KLAC
KLAC
Q1 26
$9.12
Q4 25
$8.68
Q3 25
$8.47
Q2 25
$9.04
Q1 25
$8.16
Q4 24
$6.16
Q3 24
$7.01
Q2 24
$6.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CM
CM
KLAC
KLAC
Cash + ST InvestmentsLiquidity on hand
$8.0B
$1.8B
Total DebtLower is stronger
$5.9B
Stockholders' EquityBook value
$47.9B
$5.8B
Total Assets
$826.8B
$16.9B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
KLAC
KLAC
Q1 26
$8.0B
$1.8B
Q4 25
$2.5B
Q3 25
$13.9B
$1.9B
Q2 25
$10.2B
$2.1B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$2.0B
Q2 24
$2.0B
Total Debt
CM
CM
KLAC
KLAC
Q1 26
$5.9B
Q4 25
$5.9B
Q3 25
$5.9B
Q2 25
$5.9B
Q1 25
$5.9B
Q4 24
$5.9B
Q3 24
$5.9B
Q2 24
$5.9B
Stockholders' Equity
CM
CM
KLAC
KLAC
Q1 26
$47.9B
$5.8B
Q4 25
$5.5B
Q3 25
$45.9B
$5.0B
Q2 25
$45.2B
$4.7B
Q1 25
$4.0B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$3.4B
Total Assets
CM
CM
KLAC
KLAC
Q1 26
$826.8B
$16.9B
Q4 25
$16.7B
Q3 25
$804.6B
$16.3B
Q2 25
$795.8B
$16.1B
Q1 25
$15.2B
Q4 24
$15.0B
Q3 24
$15.7B
Q2 24
$15.4B
Debt / Equity
CM
CM
KLAC
KLAC
Q1 26
1.01×
Q4 25
1.08×
Q3 25
1.18×
Q2 25
1.25×
Q1 25
1.47×
Q4 24
1.64×
Q3 24
1.65×
Q2 24
1.75×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CM
CM
KLAC
KLAC
Operating Cash FlowLast quarter
$-1.6B
$707.5M
Free Cash FlowOCF − Capex
$622.3M
FCF MarginFCF / Revenue
18.2%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
-0.69×
0.59×
TTM Free Cash FlowTrailing 4 quarters
$4.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
KLAC
KLAC
Q1 26
$-1.6B
$707.5M
Q4 25
$1.4B
Q3 25
$4.3B
$1.2B
Q2 25
$667.2M
$1.2B
Q1 25
$1.1B
Q4 24
$849.5M
Q3 24
$995.2M
Q2 24
$892.6M
Free Cash Flow
CM
CM
KLAC
KLAC
Q1 26
$622.3M
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$990.0M
Q4 24
$757.2M
Q3 24
$934.8M
Q2 24
$831.9M
FCF Margin
CM
CM
KLAC
KLAC
Q1 26
18.2%
Q4 25
38.3%
Q3 25
33.2%
Q2 25
33.5%
Q1 25
32.3%
Q4 24
24.6%
Q3 24
32.9%
Q2 24
32.4%
Capex Intensity
CM
CM
KLAC
KLAC
Q1 26
2.5%
Q4 25
3.2%
Q3 25
3.0%
Q2 25
3.2%
Q1 25
2.7%
Q4 24
3.0%
Q3 24
2.1%
Q2 24
2.4%
Cash Conversion
CM
CM
KLAC
KLAC
Q1 26
-0.69×
0.59×
Q4 25
1.19×
Q3 25
2.80×
1.04×
Q2 25
0.46×
0.97×
Q1 25
0.99×
Q4 24
1.03×
Q3 24
1.05×
Q2 24
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CM
CM

Segment breakdown not available.

KLAC
KLAC

Semiconductor Process Control$3.1B90%
PCB and Component Inspection$167.6M5%
Specialty Semiconductor Process$164.0M5%

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