KLA Corporation: 10-K Risk Factor Changes

2023 vs 2022  ·  SEC EDGAR  ·  2026-07-05
Other years: 2025 vs 2024 · 2024 vs 2023
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

1
New Risks
2
Removed
7
Modified
32
Unchanged
🟢 New in Current Filing Over the past several years, there have been a variety of rules and regulations issued by BIS that have had an impact on our ability to sell certain products and provide certain services to certain customers in China. These rules and regulations may significantly harm our business, results of operations, financial condition and cash flows in future periods, unless we are able to obtain required licenses. 🔒
🔴 No Match in Current Filing COVID-19 Pandemic Risks 🔒
🔴 No Match in Current Filing The current COVID-19 pandemic and the potential aftereffects from it could materially harm our business, financial condition and results of operations. 🔒
🟡 Modified Disruption of our manufacturing facilities or other operations or those of our suppliers, or in the operations of our customers, due to climate change, earthquake, flood, other natural catastrophic events, public health crises such as the COVID-19 pandemic or terrorism could result in cancellation of orders, delays in deliveries or other business activities, or loss of customers and could seriously harm our business. 🔒
🟡 Modified A majority of our annual revenues are derived from outside the US, and we maintain significant operations outside the US. We are exposed to numerous risks as a result of the international nature of our business and operations. We expect these conditions to continue in the foreseeable future. 🔒
🟡 Modified We depend on secure information technology for our business and are exposed to risks related to cybersecurity threats and cyber incidents affecting our, our customers’, suppliers’ and other service providers’ systems and networks. 🔒
🟡 Modified We are predominantly uninsured for losses and interruptions caused by terrorist acts and acts of war. If international political instability or geopolitical tensions continue or increase, our business and results of operations could be harmed. 🔒
🟡 Modified We might be involved in claims or disputes related to IP or other confidential information that may be costly to resolve, prevent us from selling or using the challenged technology and seriously harm our operating results and financial condition. 🔒
🟡 Modified Industry Risks 🔒
🟡 Modified We are exposed to risks related to our receivables factoring and banking arrangements. 🔒
10 changes in this historical filing

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