Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
244.21
-3.96 (-1.60%)
Jan 30, 2026, 10:16 AM EST - Market open
Lam Research Income Statement
Financials in millions USD. Fiscal year is July - June.
Millions USD. Fiscal year is Jul - Jun.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 28, 2025 | Sep '25 Sep 28, 2025 | Jun '25 Jun 29, 2025 | Mar '25 Mar 30, 2025 | Dec '24 Dec 29, 2024 | Sep '24 Sep 29, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 24, 2023 | Sep '23 Sep 24, 2023 | Jun '23 Jun 25, 2023 | Mar '23 Mar 26, 2023 | Dec '22 Dec 25, 2022 | Sep '22 Sep 25, 2022 | Jun '22 Jun 26, 2022 | Mar '22 Mar 27, 2022 | Dec '21 Dec 26, 2021 | Sep '21 Sep 26, 2021 | Jun '21 Jun 27, 2021 | Mar '21 Mar 28, 2021 | +20 Quarters |
| 20,561 | 19,592 | 18,436 | 17,136 | 16,209 | 15,591 | 14,905 | 14,241 | 14,317 | 15,836 | 17,429 | 18,857 | 19,048 | 17,997 | 17,227 | 16,737 | 16,524 | 15,754 | 14,626 | 13,273 | Upgrade | |
Revenue Growth (YoY) | 26.85% | 25.66% | 23.68% | 20.32% | 13.21% | -1.55% | -14.48% | -24.48% | -24.83% | -12.00% | 1.17% | 12.67% | 15.27% | 14.24% | 17.78% | 26.10% | 38.52% | 42.49% | 45.61% | 38.06% | Upgrade |
Cost of Revenue | 10,321 | 9,931 | 9,457 | 8,901 | 8,472 | 8,155 | 7,809 | 7,521 | 7,740 | 8,656 | 9,573 | 10,371 | 10,417 | 9,765 | 9,355 | 9,050 | 8,874 | 8,478 | 7,821 | 7,102 | Upgrade |
Gross Profit | 10,239 | 9,661 | 8,979 | 8,235 | 7,737 | 7,436 | 7,096 | 6,720 | 6,577 | 7,181 | 7,855 | 8,486 | 8,630 | 8,232 | 7,872 | 7,686 | 7,650 | 7,276 | 6,805 | 6,170 | Upgrade |
Selling, General & Admin | 1,041 | 1,018 | 981.7 | 929.78 | 919.66 | 904.35 | 868.25 | 851.6 | 829.2 | 834.16 | 832.75 | 842.92 | 866.83 | 869.16 | 885.74 | 893.26 | 879.56 | 862.32 | 829.88 | 798.15 | Upgrade |
Research & Development | 2,256 | 2,177 | 2,096 | 2,014 | 2,000 | 1,975 | 1,902 | 1,807 | 1,724 | 1,716 | 1,727 | 1,736 | 1,714 | 1,655 | 1,604 | 1,575 | 1,549 | 1,520 | 1,493 | 1,450 | Upgrade |
Operating Expenses | 3,297 | 3,195 | 3,078 | 2,944 | 2,920 | 2,880 | 2,771 | 2,658 | 2,553 | 2,551 | 2,560 | 2,579 | 2,581 | 2,524 | 2,490 | 2,468 | 2,428 | 2,383 | 2,323 | 2,249 | Upgrade |
Operating Income | 6,942 | 6,466 | 5,901 | 5,291 | 4,817 | 4,557 | 4,325 | 4,062 | 4,024 | 4,630 | 5,295 | 5,907 | 6,049 | 5,707 | 5,382 | 5,218 | 5,222 | 4,893 | 4,482 | 3,922 | Upgrade |
Interest Expense | -178.2 | -175.73 | -178.2 | -181.87 | -183.84 | -184.85 | -185.24 | -185.33 | -185.39 | -185.74 | -186.46 | -186.16 | -185.65 | -185.76 | -184.76 | -190.23 | -195.75 | -201.54 | -208.6 | -206.15 | Upgrade |
Interest & Investment Income | 231.33 | 226.81 | 231.33 | 242.73 | 263.84 | 263.82 | 251.94 | 241.74 | 211.96 | 180.49 | 138.98 | 89.38 | 49.34 | 25.59 | 15.21 | 12.71 | 14.98 | 17.41 | 19.69 | 25.3 | Upgrade |
Currency Exchange Gain (Loss) | -26.41 | -22.26 | -26.41 | -20.7 | -20.34 | -15.79 | -4.84 | -1.91 | -3.08 | -12.63 | -7.08 | -11.19 | -4.73 | 6.12 | -0.72 | -0.71 | -1.11 | -5.6 | -6.96 | -5.58 | Upgrade |
Other Non Operating Income (Expenses) | 42.59 | 28.33 | 30.45 | 6.95 | 48.55 | 60.61 | 34.44 | 23.02 | 14.63 | -2.08 | -11.09 | -23.53 | -61.54 | -48.89 | -18.44 | 39.2 | 81.94 | 88.45 | 84.65 | 74.82 | Upgrade |
EBT Excluding Unusual Items | 7,011 | 6,523 | 5,958 | 5,338 | 4,925 | 4,680 | 4,422 | 4,140 | 4,062 | 4,610 | 5,230 | 5,775 | 5,847 | 5,504 | 5,193 | 5,079 | 5,122 | 4,792 | 4,371 | 3,810 | Upgrade |
Merger & Restructuring Charges | - | - | - | -4.51 | -34.96 | -51.6 | -61.56 | -70.24 | -146.92 | -130.28 | -120.32 | -107.13 | - | - | - | - | - | - | - | - | Upgrade |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | -63.6 | -46.6 | - | - | 63.6 | 46.6 | - | - | - | Upgrade |
Pretax Income | 7,011 | 6,523 | 5,958 | 5,334 | 4,890 | 4,629 | 4,360 | 4,069 | 3,915 | 4,480 | 5,109 | 5,605 | 5,800 | 5,504 | 5,193 | 5,143 | 5,168 | 4,792 | 4,371 | 3,810 | Upgrade |
Income Tax Expense | 798.07 | 712.58 | 599.91 | 675.09 | 596.4 | 572.05 | 532.45 | 459.45 | 457.01 | 507.65 | 598.28 | 687.17 | 675.18 | 653.06 | 587.83 | 601.96 | 577.91 | 527.16 | 462.35 | 349.74 | Upgrade |
Net Income | 6,213 | 5,810 | 5,358 | 4,658 | 4,294 | 4,057 | 3,828 | 3,610 | 3,458 | 3,972 | 4,511 | 4,917 | 5,125 | 4,851 | 4,605 | 4,541 | 4,590 | 4,265 | 3,908 | 3,460 | Upgrade |
Net Income to Common | 6,213 | 5,810 | 5,358 | 4,658 | 4,294 | 4,057 | 3,828 | 3,610 | 3,458 | 3,972 | 4,511 | 4,917 | 5,125 | 4,851 | 4,605 | 4,541 | 4,590 | 4,265 | 3,908 | 3,460 | Upgrade |
Net Income Growth | 44.71% | 43.23% | 39.98% | 29.04% | 24.16% | 2.12% | -15.14% | -26.59% | -32.52% | -18.12% | -2.05% | 8.29% | 11.65% | 13.76% | 17.83% | 31.23% | 54.86% | 63.44% | 73.57% | 65.03% | Upgrade |
Shares Outstanding (Basic) | 1,269 | 1,277 | 1,286 | 1,294 | 1,300 | 1,307 | 1,314 | 1,323 | 1,333 | 1,344 | 1,355 | 1,365 | 1,375 | 1,387 | 1,399 | 1,411 | 1,419 | 1,427 | 1,436 | 1,443 | Upgrade |
Shares Outstanding (Diluted) | 1,274 | 1,281 | 1,290 | 1,299 | 1,305 | 1,313 | 1,320 | 1,328 | 1,338 | 1,348 | 1,358 | 1,368 | 1,380 | 1,393 | 1,406 | 1,419 | 1,431 | 1,442 | 1,453 | 1,463 | Upgrade |
Shares Change (YoY) | -2.40% | -2.41% | -2.26% | -2.21% | -2.43% | -2.61% | -2.83% | -2.93% | -3.03% | -3.20% | -3.41% | -3.60% | -3.55% | -3.39% | -3.23% | -2.99% | -2.80% | -2.75% | -2.53% | -3.04% | Upgrade |
EPS (Basic) | 4.89 | 4.55 | 4.17 | 3.60 | 3.30 | 3.10 | 2.91 | 2.73 | 2.59 | 2.96 | 3.33 | 3.60 | 3.73 | 3.50 | 3.29 | 3.22 | 3.23 | 2.99 | 2.72 | 2.40 | Upgrade |
EPS (Diluted) | 4.87 | 4.53 | 4.15 | 3.59 | 3.29 | 3.09 | 2.90 | 2.72 | 2.59 | 2.95 | 3.32 | 3.59 | 3.71 | 3.48 | 3.27 | 3.20 | 3.21 | 2.96 | 2.69 | 2.37 | Upgrade |
EPS Growth | 48.15% | 46.65% | 43.10% | 32.12% | 27.13% | 4.73% | -12.65% | -24.41% | -30.36% | -15.31% | 1.37% | 12.31% | 15.78% | 17.74% | 21.75% | 35.30% | 59.34% | 68.12% | 78.15% | 70.23% | Upgrade |
Free Cash Flow | 6,216 | 5,550 | 5,414 | 3,794 | 4,054 | 4,839 | 4,256 | 4,538 | 4,864 | 4,502 | 4,677 | 3,952 | 2,957 | 3,282 | 2,554 | 3,567 | 4,030 | 2,980 | 3,239 | 2,670 | Upgrade |
Free Cash Flow Per Share | 4.88 | 4.33 | 4.20 | 2.92 | 3.11 | 3.69 | 3.22 | 3.42 | 3.63 | 3.34 | 3.44 | 2.89 | 2.14 | 2.36 | 1.82 | 2.51 | 2.82 | 2.07 | 2.23 | 1.82 | Upgrade |
Dividend Per Share | 0.980 | 0.950 | 0.920 | 0.890 | 0.860 | 0.830 | 0.800 | 0.772 | 0.745 | 0.718 | 0.690 | 0.667 | 0.645 | 0.623 | 0.600 | 0.580 | 0.560 | 0.540 | 0.520 | 0.505 | Upgrade |
Dividend Growth | 13.95% | 14.46% | 15.00% | 15.21% | 15.44% | 15.68% | 15.94% | 15.73% | 15.50% | 15.26% | 15.00% | 15.09% | 15.18% | 15.28% | 15.38% | 14.85% | 14.29% | 13.68% | 13.04% | 10.99% | Upgrade |
Gross Margin | 49.80% | 49.31% | 48.70% | 48.06% | 47.73% | 47.69% | 47.61% | 47.19% | 45.94% | 45.34% | 45.07% | 45.00% | 45.31% | 45.74% | 45.69% | 45.93% | 46.30% | 46.19% | 46.53% | 46.49% | Upgrade |
Operating Margin | 33.77% | 33.00% | 32.01% | 30.88% | 29.72% | 29.23% | 29.02% | 28.52% | 28.11% | 29.24% | 30.38% | 31.32% | 31.76% | 31.71% | 31.24% | 31.18% | 31.60% | 31.06% | 30.64% | 29.55% | Upgrade |
Profit Margin | 30.22% | 29.66% | 29.07% | 27.18% | 26.49% | 26.02% | 25.68% | 25.35% | 24.15% | 25.08% | 25.88% | 26.08% | 26.91% | 26.96% | 26.73% | 27.13% | 27.78% | 27.07% | 26.72% | 26.07% | Upgrade |
Free Cash Flow Margin | 30.23% | 28.33% | 29.37% | 22.14% | 25.01% | 31.04% | 28.55% | 31.86% | 33.97% | 28.43% | 26.84% | 20.95% | 15.52% | 18.24% | 14.82% | 21.31% | 24.39% | 18.92% | 22.15% | 20.12% | Upgrade |
EBITDA | 7,344 | 6,859 | 6,287 | 5,667 | 5,185 | 4,920 | 4,685 | 4,423 | 4,387 | 4,987 | 5,638 | 6,247 | 6,383 | 6,037 | 5,716 | 5,543 | 5,541 | 5,207 | 4,789 | 4,222 | Upgrade |
EBITDA Margin | 35.72% | 35.01% | 34.10% | 33.07% | 31.99% | 31.56% | 31.43% | 31.06% | 30.64% | 31.49% | 32.35% | 33.13% | 33.51% | 33.55% | 33.18% | 33.12% | 33.53% | 33.05% | 32.74% | 31.81% | Upgrade |
D&A For EBITDA | 401.35 | 393.63 | 386.28 | 376.2 | 368.77 | 363.52 | 359.7 | 360.95 | 362.69 | 357.16 | 342.43 | 340.76 | 333.33 | 329.62 | 333.74 | 324.2 | 319.43 | 314.11 | 307.15 | 299.84 | Upgrade |
EBIT | 6,942 | 6,466 | 5,901 | 5,291 | 4,817 | 4,557 | 4,325 | 4,062 | 4,024 | 4,630 | 5,295 | 5,907 | 6,049 | 5,707 | 5,382 | 5,218 | 5,222 | 4,893 | 4,482 | 3,922 | Upgrade |
EBIT Margin | 33.77% | 33.00% | 32.01% | 30.88% | 29.72% | 29.23% | 29.02% | 28.52% | 28.11% | 29.24% | 30.38% | 31.32% | 31.76% | 31.71% | 31.24% | 31.18% | 31.60% | 31.06% | 30.64% | 29.55% | Upgrade |
Effective Tax Rate | 11.38% | 10.92% | 10.07% | 12.66% | 12.20% | 12.36% | 12.21% | 11.29% | 11.67% | 11.33% | 11.71% | 12.26% | 11.64% | 11.86% | 11.32% | 11.71% | 11.18% | 11.00% | 10.58% | 9.18% | Upgrade |
Updated Dec 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.