Chart 26 · This quarter's big themes

China was 34.1% of Tokyo Electron's revenue in FY2026, down from 41.7% in FY2025

FY2025, FY2024, FY2026

Calculated China share = revenue in the company’s China category ÷ the total of its geographic categories for the same fiscal year.

View sources (5)

Lam Research Form 10-K for fiscal 2026 · Notes, revenues by geographic region (location of customers’ facilities), in thousands · FY2024, FY2025, FY2026 · published 7 Aug 2026
KLA Form 10-K for fiscal 2026 · Item 7 MD&A, revenues by region (ship-to location), in thousands · FY2024, FY2025, FY2026 · published 6 Aug 2026
Tokyo Electron Consolidated Financial Statements FY2026 (English translation of the Annual Securities Report issued 22 Jun 2026) · Notes, Revenue Recognition, breakdown by geographic regions (page 48), previous fiscal year (+1 more) · FY2025, FY2026 · published 22 Jun 2026
ASML Form 20-F (Annual Report 2025) · Notes, total net sales by geography (customer location) · FY2024, FY2025 · published 25 Feb 2026
Applied Materials Form 10-K for fiscal 2025 · Item 7 MD&A, net revenue by geographic region (location of customers’ facilities to which products were shipp… · FY2024, FY2025 · published 12 Dec 2025

Tokyo Electron: 34.1% of FY2026 revenue from China, down from 41.7% in FY2025.

Lam Research: 33.8% of FY2026 revenue from China, up from 33.7% in FY2025.

Applied Materials: 30.1% of FY2025 revenue from China, down from 37.2% in FY2024.

US, Dutch and Japanese export controls restrict sales of advanced tools to China, so these shares are a direct read on how exposed each supplier is.

China as defined in each filing: ASML: “China”; Applied Materials: “China”; Lam Research: “China”; KLA: “China”; Tokyo Electron: “China”.

Companies define geography differently (ship-to location, customer billing address or headquarters), so shares are indicative, not like-for-like.

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