Free · no account · quoted from the filing

What changed in KLAC's 10-Q

Source: 10-Q filed 2026-04-30 · compared against 10-Q 2026-01-30. Every passage below is quoted verbatim from the filing itself.

Accounting Standards

This filing
We chose to early adopt ASU 2025-05 during the quarter ended March 31, 2026

Intangible Asset Amortization

This filing
Amortization expense for purchased intangible assets was $47.3 million

Goodwill Impairment Assessment

This filing
As of March 31, 2026, there have been no significant events or circumstances affecting the valuation of goodwill
What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel, plus 2 further changes without a quotable passage — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.