KLA Corporation Quarterly report [Sections 13 or 15(d)]

SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Sep. 30, 2025

The following is a summary of results for each of our three reportable segments for the indicated periods:


(In thousands)	Semiconductor Process Control		Specialty Semiconductor Process		PCB and Component Inspection		Total
For the three months ended September 30, 2025
Revenue	$	2,899,392	$	119,755	$	189,488	$	3,208,635
Less:
Cost of revenue	1,056,837		61,541		93,183
R&D	311,016		13,506		32,112
SG&A	215,043		11,437		25,703
Other segment items (1)	9,745		27,281		11,999
Segment profit (loss)	$	1,306,751	$	5,990	$	26,491	$	1,339,232
For the three months ended September 30, 2024
Revenue	$	2,575,151	$	128,334	$	137,983	$	2,841,468
Less:
Cost of revenue	958,369		63,840		80,446
R&D	274,455		10,300		36,017
SG&A	193,422		13,940		27,656
Other segment items (1)	11,577		27,281		17,835
Segment profit (loss)	$	1,137,328	$	12,973	$	(23,971)	$	1,126,330

__________________

(1)Other segment items for each reportable segment includes:

•Semiconductor Process Control — amortization of purchased intangible assets and acquisition related expenses.

•Specialty Semiconductor Process — amortization of purchased intangible assets.

•PCB and Component Inspection — amortization of purchased intangible assets.

The following table reconciles total reportable segment revenue to total revenue for the indicated periods:


	Three Months Ended September 30,
(In thousands)	2025		2024
Total revenues for reportable segments	$	3,208,635	$	2,841,468
Effects of changes in foreign currency exchange rates	1,061		73
Total revenues	$	3,209,696	$	2,841,541

The following table reconciles total segment profit to total income before income taxes for the indicated periods:


	Three Months Ended September 30,
(In thousands)	2025		2024
Total segment profit	$	1,339,232	$	1,126,330
Unallocated expenses (1)	2,055		6,407
Interest expense	71,075		82,171

Other expense (income), net	(43,374)		(40,935)
Income before income taxes	$	1,309,476	$	1,078,687

__________________

(1)Unallocated expenses include restructuring costs, effects of changes in exchange rates and other corporate expenses.

The following is a summary of revenues by geographic region, based on ship-to location, for the indicated periods:


(Dollar amounts in thousands)	Three Months Ended September 30,
	2025				2024
Revenues:
China	$	1,267,156	39.5	%	$	1,198,305	42.2	%
Taiwan	793,608		24.7	%	461,991		16.3	%
Korea	299,373		9.3	%	238,673		8.4	%
North America	297,907		9.3	%	500,943		17.6	%
Japan	295,209		9.2	%	188,569		6.6	%
Europe and Israel	150,976		4.7	%	144,820		5.1	%
Rest of Asia	105,467		3.3	%	108,240		3.8	%
Total	$	3,209,696	100.0	%	$	2,841,541	100.0	%

The following is a summary of revenues by major product categories for the indicated periods:


(Dollar amounts in thousands)	Three Months Ended September 30,
	2025				2024
Revenues:
Wafer Inspection	$	1,537,244	48	%	$	1,368,943	48	%
Patterning	667,427		21	%	576,409		20	%
Specialty Semiconductor Process	100,219		3	%	112,802		4	%
PCB and Component Inspection	117,298		4	%	72,908		3	%
Services	744,690		23	%	644,152		23	%
Other	42,818		1	%	66,327		2	%
Total	$	3,209,696	100	%	$	2,841,541	100	%

Land, property and equipment, net by geographic region as of the dates indicated below were as follows:


	As of		As of
(In thousands)	September 30, 2025		June 30, 2025
Land, property and equipment, net:
United States	$	739,281	$	728,162
Europe	272,074		253,848
Singapore	160,415		153,052
Israel	66,336		68,604
Rest of Asia	63,723		49,109
Total	$	1,301,829	$	1,252,775