HIGHBuilt-inGeographic
89%
international revenues
“10-K Item 1: 'International revenues accounted for approximately 89% of our total revenues in both of the fiscal years ended June 30, 2025 and 2024'”
KLAC · Concentration risk · 10-K extracted
KLA (KLAC) concentration risks
Updated
The most significant concentration KLA discloses is international revenues at 89%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: KLA’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM3
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
33%
China revenue
“10-K Item 1: 'Our revenue from sales of products and provision of services to customers in China was 33%, 43% and 27% for fiscal years 2025, 2024 and 2023'”
MEDIUMOutside partyCustomer
Taiwan Semiconductor Manufacturing Company Limited
“10-K Item 1: 'the following customers each accounted for more than 10% of total revenues ... Taiwan Semiconductor Manufacturing Company Limited'”
MEDIUMOutside partySupplier
single supplier or limited group of suppliers
“10-K Item 1: 'Certain parts and raw materials included in our systems may be obtained only from a single supplier or a limited group of suppliers.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-04KLA's concentrations are mostly structural and tied to the semiconductor industry's geography. International revenues accounted for approximately 89% of total revenues, a high-share exposure that makes the company dependent on trade policy and foreign capital spending. Within that, revenue from China was 33%, 43% and 27% across the fiscal years shown, a medium-share exposure. The swing between years is the notable feature: this is a volatile slice of the business that responds to export controls and customer investment cycles. On the counterparty side, Taiwan Semiconductor Manufacturing Company Limited is named among customers that each accounted for more than 10% of total revenues, a medium-share customer dependency. Separately, certain parts and raw materials may be obtained only from a single supplier or a limited group of suppliers, a medium-share supply dependency. Netted out, geography is the dominant structural exposure, and China is the part most likely to move the verdict given its year-to-year variability. The single-source supply and the large-customer relationship are idiosyncratic and sit on top of that backdrop.
For the engine’s reasoning on KLAC’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Semiconductor Equipment & Materials
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ACLS | Axcelis Technologies, Inc. | 3 | 1 | 0 | 4 |
| ACMR | ACM Research, Inc. | 3 | 0 | 0 | 3 |
| AMBA | Ambarella, Inc. | 3 | 0 | 0 | 3 |
| AEHR | Aehr Test Systems | 2 | 1 | 0 | 3 |
| AMAT | Applied Materials, Inc. | 2 | 0 | 2 | 4 |
| KLAC● | KLA Corporation | 1 | 3 | 0 | 4 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.