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.
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Source: KLA’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH2
MEDIUM1
LOW1
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).
HIGHOutside 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.'”
MEDIUMBuilt-inGeographic
33%
China
“10-K Item 1A: '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, respectively'”
LOWOutside partyCustomer
Taiwan Semiconductor Manufacturing Company (TSMC)
“10-K Item 1: 'the following customers each accounted for more than 10% of total revenues, primarily in the Semiconductor Process Control segment ... Taiwan Semiconductor Manufacturing Company Limited'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-08-30KLA Corporation's concentration risk is dominated by geography, with international revenues accounting for approximately 89% of total revenues in both of the fiscal years ended June 30, 2025 and 2024 — a high-share, structural exposure to global semiconductor capital-spending cycles rather than a domestic-market business. Layered on top, China alone represented 33% of revenue in fiscal 2025, compared with 43% in fiscal 2024 and 27% in fiscal 2023 — a medium-share structural exposure that has fluctuated meaningfully year to year. On the supply side, certain parts and raw materials are obtainable only from a single supplier or a limited group of suppliers, a high-share dependency that is idiosyncratic rather than macro-driven. On the customer side, Taiwan Semiconductor Manufacturing Company is named as accounting for more than 10% of total revenues, primarily in the Semiconductor Process Control segment — a low-share dependency relative to the other exposures here. Together, the two high-share exposures — the 89% international revenue base and the single/limited-supplier dependency — are the dominant variables; the China concentration and the TSMC customer relationship are narrower but still material layers on top of that broader structural base.
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 |
| AEHR | Aehr Test Systems | 3 | 1 | 0 | 4 |
| ACMR | ACM Research, Inc. | 3 | 0 | 0 | 3 |
| AMBA | Ambarella, Inc. | 3 | 0 | 0 | 3 |
| KLAC● | KLA Corporation | 2 | 1 | 1 | 4 |
| AMAT | Applied Materials, Inc. | 2 | 0 | 2 | 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.