v3.26.3
REVENUE
 3 Months Ended
Sep. 27, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of Revenue
The Company operates in seven geographic regions: United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. For geographical reporting, revenue is attributed to the geographic location in which the customers’ facilities are located. The Company serves three primary markets: memory, foundry, and logic/integrated device manufacturing.
The following table presents the Company’s revenues disaggregated between systems and customer support-related revenue:
Three Months Ended
September 27,
2026		September 28,
2025
(in thousands)
Systems revenue$5,732,907 $3,547,565 
Customer support-related revenue and other2,486,511 1,776,608 
$8,219,418 $5,324,173 
Systems revenue includes sales of new leading-edge equipment in deposition, etch, clean and other wafer fabrication markets.
Customer support-related revenue includes sales of customer services, spares, upgrades, and non-leading-edge equipment from the Company’s Reliant® product line.
The following table presents the Company’s revenues disaggregated by geographic region:
Three Months Ended
September 27,
2026		September 28,
2025
Revenue:(in thousands)
China$2,885,608 $2,282,573 
Korea1,634,115 776,301 
Taiwan1,482,087 1,027,214 
Japan721,509 529,297 
United States663,102 304,716 
Southeast Asia531,694 302,254 
Europe301,303 101,818 
$8,219,418 $5,324,173 
The following table presents the percentages of leading- and non-leading-edge equipment and upgrade revenue to each of the primary markets the Company serves:
Three Months Ended
September 27,
2026		September 28,
2025
Foundry46 %60 %
Memory46 %34 %
Logic/integrated device manufacturing8 %6 %
Deferred Revenue
Revenue of $901.2 million included in deferred profit at June 28, 2026 was recognized during the three months ended September 27, 2026, representing 37% of the $2.43 billion of deferred revenue as of June 28, 2026.
The following table summarizes the transaction price for contracts that have not yet been recognized as revenue as of September 27, 2026 and when the Company expects to recognize the amounts as revenue:
Less than 1 Year1-3 YearsMore than 3 YearsTotal
(in thousands)
Deferred revenue$2,026,932 $539,916 
(1)
$94,383 
(1)
$2,661,231 
(1)This amount is reported in Deferred profit on the Company's Condensed Consolidated Balance Sheets as the customers can demand the performance to be satisfied at any time.