Lam Research (LRCX) Financials: History & Chart

Lam Research Corporation (LRCX)LRCXLam Research Corporation

About Lam Research Corporation

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

Fremont, CA

19,000 employees

www.lamresearch.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Timothy Archer

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	21.68B	5.84B	5.34B	5.32B	5.17B	4.72B	4.38B	4.17B	3.87B
Cost of Goods Sold	10.85B	2.93B	2.69B	2.64B	2.58B	2.41B	2.30B	2.17B	2.03B
Gross Profit	10.84B	2.91B	2.65B	2.68B	2.59B	2.31B	2.07B	2.00B	1.84B
Gross Profit Margin	50.0%	49.8%	49.6%	50.4%	50.1%	49.0%	47.4%	48.0%	47.5%
Total Operating Expenses	3.41B	863.51M	840.96M	855.79M	848.58M	751.93M	739.10M	738.49M	713.54M
Research & Development	2.31B	583.20M	573.30M	576.45M	580.18M	525.90M	494.95M	495.36M	497.83M
Selling, General & Administrative	1.10B	280.31M	267.65M	279.35M	268.40M	226.02M	244.15M	243.13M	217.25M
Operating Income (EBIT)	7.43B	2.05B	1.81B	1.83B	1.74B	1.56B	1.33B	1.26B	1.13B
Operating Margin	34.3%	35.0%	33.9%	34.4%	33.7%	33.1%	30.5%	30.3%	29.1%
Income Before Tax (EBT)	7.49B	2.01B	1.84B	1.86B	1.78B	1.54B	1.35B	1.29B	1.15B
Interest Income	225.13M	42.64M	63.93M	63.93M	54.63M	50.64M	57.61M	68.45M	66.03M
Interest Expense	167.05M	39.33M	42.47M	42.47M	42.77M	45.18M	45.30M	44.95M	46.44M
Other Income/Expense	58.88M	-35.46M	26.41M	30.07M	37.85M	-25.04M	14.26M	30.08M	27.80M
Net Income	6.71B	1.83B	1.59B	1.57B	1.72B	1.33B	1.19B	1.12B	1.02B
Income Tax Expense	778.11M	186.10M	242.62M	290.50M	58.89M	206.06M	157.13M	177.83M	134.07M
Net Profit Margin	30.9%	31.2%	29.8%	29.5%	33.3%	28.2%	27.2%	26.8%	26.4%
EBITDA	7.85B	2.16B	1.91B	1.93B	1.84B	1.66B	1.43B	1.36B	1.21B
EBITDA Margin	36.2%	37.0%	35.8%	36.3%	35.6%	35.1%	32.7%	32.6%	31.4%
Depreciation & Amortization	420.33M	116.32M	103.92M	101.64M	98.44M	97.34M	96.20M	94.30M	88.36M
EPS Basic	5.32	1.46	1.27	1.24	1.35	1.04	0.93	0.86	0.78
EPS Diluted	5.30	1.45	1.26	1.24	1.35	1.03	0.92	0.86	0.78
Shares Outstanding	1.25B	1.25B	1.26B	1.26B	1.27B	1.28B	1.29B	1.30B	1.31B
Diluted Shares Outstanding	1.26B	1.26B	1.27B	1.27B	1.28B	1.29B	1.29B	1.30B	1.32B

Annual Income Statement (USD)

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Annual Report	06/29/2025	06/30/2024	06/25/2023	06/26/2022	06/27/2021	06/28/2020	06/30/2019	06/30/2018
Revenue	18.44B	14.91B	17.43B	17.23B	14.63B	10.04B	9.65B	11.08B
Cost of Goods Sold	9.46B	7.85B	9.65B	9.36B	7.82B	5.44B	5.30B	5.91B
Gross Profit	8.98B	7.05B	7.78B	7.87B	6.81B	4.61B	4.36B	5.17B
Gross Profit Margin	48.7%	47.3%	44.6%	45.7%	46.5%	45.9%	45.1%	46.6%
Total Operating Expenses	3.08B	2.79B	2.60B	2.49B	2.32B	1.93B	1.89B	1.95B
Research & Development	2.10B	1.90B	1.73B	1.60B	1.49B	1.25B	1.19B	1.19B
Selling, General & Administrative	981.70M	868.25M	832.75M	885.74M	829.88M	682.48M	702.41M	762.22M
Operating Income (EBIT)	5.90B	4.26B	5.17B	5.38B	4.48B	2.67B	2.46B	3.21B
Operating Margin	32.0%	28.6%	29.7%	31.2%	30.6%	26.6%	25.5%	29.0%
Income Before Tax (EBT)	5.96B	4.36B	5.11B	5.19B	4.37B	2.57B	2.45B	3.15B
Interest Income	231.33M	251.94M	138.98M	15.21M	19.69M	85.43M	98.77M	85.81M
Interest Expense	178.20M	185.24M	186.46M	184.76M	208.60M	177.44M	117.26M	97.39M
Other Income/Expense	57.16M	96.31M	-65.65M	-188.71M	-111.22M	-98.82M	-18.16M	-61.51M
Net Income	5.36B	3.83B	4.51B	4.61B	3.91B	2.25B	2.19B	2.38B
Income Tax Expense	599.91M	532.45M	598.28M	587.83M	462.35M	323.23M	255.14M	771.11M
Net Profit Margin	29.1%	25.7%	25.9%	26.7%	26.7%	22.4%	22.7%	21.5%
EBITDA	6.29B	4.62B	5.52B	5.72B	4.79B	2.94B	2.77B	3.54B
EBITDA Margin	34.1%	31.0%	31.7%	33.2%	32.7%	29.3%	28.7%	32.0%
Depreciation & Amortization	386.28M	359.70M	342.43M	333.74M	307.15M	268.52M	309.28M	326.39M
EPS Basic	4.17	2.91	3.33	3.29	2.72	1.56	1.44	1.47
EPS Diluted	4.15	2.90	3.32	3.27	2.69	1.51	1.37	1.32
Shares Outstanding	1.29B	1.31B	1.35B	1.40B	1.44B	1.45B	1.52B	1.81B
Diluted Shares Outstanding	1.29B	1.32B	1.36B	1.41B	1.45B	1.49B	1.60B	1.81B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.