Risk factors

KLA (KLAC) risk factors

Item 1A of every KLA Corporation 10-K on file, and what changed from one year to the next.

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  • FY2026 10-K risk factors

    44 risks, 9 new, 5 dropped, 7 reworded since the prior year. Export controls and tariffs now dominate risks to KLA’s China sales, global operations, and financial results.

    Filed Aug 06, 2026
  • FY2025 10-K risk factors

    40 risks. International revenue exposure and complex regulatory restrictions regarding China dominate KLA Corp's risk profile. Significant reliance on a concentrated semiconductor customer base creates cyclical demand vulnerabilities. Substantial indebtedness and supply chain dependencies further impact financial stability.

    Filed Aug 08, 2025