Analysis of Reportable Segments
KLA Corp. operates in 4 segments: Semiconductor Process Control; Specialty Semiconductor Process; PCB and Component Inspection; and Other.
Segment Profit Margin
KLA Corp., profit margin by reportable segment
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor Process Control | 64.46% | 63.89% | 65.21% | 64.61% | 63.81% | 63.48% |
| Specialty Semiconductor Process | 53.51% | 51.88% | 53.12% | 55.99% | 55.70% | 52.13% |
| PCB and Component Inspection | 28.77% | 35.03% | 45.54% | 48.06% | 43.40% | 46.80% |
| Other | — | — | — | -9.20% | -1.74% | 23.57% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor Process Control | Semiconductor Process Control segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
| Specialty Semiconductor Process | Specialty Semiconductor Process segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| PCB and Component Inspection | PCB and Component Inspection segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Other |
Segment Profit Margin: Semiconductor Process Control
KLA Corp.; Semiconductor Process Control; segment profit margin calculation
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Segment gross profit | 5,629,302) | 5,957,573) | 5,167,679) | 3,705,222) | 3,028,167) | 2,590,434) |
| Revenues | 8,733,556) | 9,324,190) | 7,924,822) | 5,734,825) | 4,745,446) | 4,080,822) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 64.46% | 63.89% | 65.21% | 64.61% | 63.81% | 63.48% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
1 2024 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenues
= 100 × 5,629,302 ÷ 8,733,556 = 64.46%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor Process Control | Semiconductor Process Control segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Profit Margin: Specialty Semiconductor Process
KLA Corp.; Specialty Semiconductor Process; segment profit margin calculation
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Segment gross profit | 282,910) | 281,942) | 242,520) | 206,706) | 183,641) | 78,800) |
| Revenues | 528,701) | 543,398) | 456,579) | 369,216) | 329,700) | 151,164) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 53.51% | 51.88% | 53.12% | 55.99% | 55.70% | 52.13% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
1 2024 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenues
= 100 × 282,910 ÷ 528,701 = 53.51%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Specialty Semiconductor Process | Specialty Semiconductor Process segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Profit Margin: PCB and Component Inspection
KLA Corp.; PCB and Component Inspection; segment profit margin calculation
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Segment gross profit | 158,960) | 221,251) | 378,964) | 390,571) | 315,723) | 155,765) |
| Revenues | 552,491) | 631,604) | 832,176) | 812,620) | 727,451) | 332,810) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 28.77% | 35.03% | 45.54% | 48.06% | 43.40% | 46.80% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
1 2024 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenues
= 100 × 158,960 ÷ 552,491 = 28.77%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | PCB and Component Inspection | PCB and Component Inspection segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Other
KLA Corp.; Other; segment profit margin calculation
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Segment gross profit | —) | —) | —) | (68) | (63) | 1,102) |
| Revenues | —) | —) | —) | 739) | 3,614) | 4,676) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | — | — | — | -9.20% | -1.74% | 23.57% |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
1 2024 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenues
= 100 × 0 ÷ 0 = —
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Other |
Revenues
KLA Corp., revenues by reportable segment
US$ in thousands
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor Process Control | 8,733,556) | 9,324,190) | 7,924,822) | 5,734,825) | 4,745,446) | 4,080,822) |
| Specialty Semiconductor Process | 528,701) | 543,398) | 456,579) | 369,216) | 329,700) | 151,164) |
| PCB and Component Inspection | 552,491) | 631,604) | 832,176) | 812,620) | 727,451) | 332,810) |
| Other | —) | —) | —) | 739) | 3,614) | 4,676) |
| Total | 9,814,748) | 10,499,192) | 9,213,577) | 6,917,400) | 5,806,211) | 4,569,472) |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).
Segment gross profit
KLA Corp., segment gross profit by reportable segment
US$ in thousands
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor Process Control | 5,629,302) | 5,957,573) | 5,167,679) | 3,705,222) | 3,028,167) | 2,590,434) |
| Specialty Semiconductor Process | 282,910) | 281,942) | 242,520) | 206,706) | 183,641) | 78,800) |
| PCB and Component Inspection | 158,960) | 221,251) | 378,964) | 390,571) | 315,723) | 155,765) |
| Other | —) | —) | —) | (68) | (63) | 1,102) |
| Total | 6,071,172) | 6,460,766) | 5,789,163) | 4,302,431) | 3,527,468) | 2,826,101) |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).