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. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2026 10-K risk factors
    44 risks9 new5 dropped7 reworded

    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