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Lam Research Corporation (LRCX)
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Lam Research Corporation (LRCX) Net Income

The annual net income for Lam Research Corporation (LRCX) is $5.36 Billion with a year-over-year change of +39.98%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.

Annual Net Income (TTM)

$5.36B

$5.36 Billion

Year-over-Year Change

+39.98%

vs. $3.83B prior year

Net Income CAGR

+14.15%

5 Year compound annual growth rate

Net Income CAGR (Compound Annual Growth Rate)

1 Year

+43.07%

3 Year

+10.87%

5 Year

+14.15%

10 Year

+23.90%

15 Year

+15.85%

20 Year

+17.20%

CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.

Annual Net Income History

YearNet IncomeYoY Change% Change
2025$5.36B+$1.53B+39.98%
2024$3.83B($683.16M)(15.14%)
2023$4.51B($94.36M)(2.05%)
2022$4.61B+$696.83M+17.83%
2021$3.91B+$1.66B+73.57%
2020$2.25B+$60.32M+2.75%
2019$2.19B($189.25M)(7.95%)
2018$2.38B+$682.92M+40.22%
2017$1.70B+$783.71M+85.74%
2016$914.05M+$258.47M+39.43%

Net Income Growth Summary

TTM Growth

+43.07%

3-Year Avg Growth

+10.87%

5-Year Avg Growth

+14.15%

Data as of Wednesday, June 10, 2026

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
18,600 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Timothy Archer