Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
185.20
-36.23 (-16.36%)
At close: Nov 5, 2026, 4:00 PM EST
197.00
+11.80 (6.37%)
After-hours: Nov 5, 2026, 7:59 PM EST
Lam Research Cash Flow Statement
Financials in millions USD. Fiscal year is July - June.
Millions USD. Fiscal year is Jul - Jun.
Operating Activities
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Net Income | 2,753 | 2,277 | 1,825 | 1,594 | 1,569 | 1,720 | 1,331 | 1,191 | 1,116 | 1,020 | 965.83 | 954.27 | 887.4 | 802.54 | 814.01 | 1,469 | 1,426 | 1,209 | 1,022 | 1,195 |
Depreciation & Amortization | 122.07 | 119.64 | 116.32 | 103.93 | 101.64 | 98.44 | 97.34 | 96.2 | 94.3 | 88.36 | 89.92 | 90.94 | 90.48 | 89.6 | 91.66 | 85.41 | 75.75 | 87.93 | 84.23 | 81.71 |
Stock-Based Compensation | 114.7 | 103.99 | 96.62 | 88.54 | 97.24 | 94.29 | 87.12 | 81.96 | 80.01 | 79.09 | 76.85 | 69.9 | 67.21 | 68.5 | 73.91 | 73.08 | 71.11 | 69.59 | 68.54 | 62.83 |
Other Operating Activities | -27.67 | -183.76 | -22.33 | -50.92 | -64.77 | -137.44 | -18.34 | -91.45 | -109.18 | -65.37 | -14.41 | -84.57 | -24.39 | 1.8 | 8.75 | 6.05 | -136.37 | -140.41 | -60 | -80.06 |
Change in Accounts Receivable | -342.1 | -1,206 | -640.2 | 139 | -255 | -858.75 | - | - | - | 303.44 | - | - | - | 1,452 | - | - | - | -1,288 | - | - |
Change in Inventory | -311.3 | -318.06 | 12.4 | 22 | 189.8 | -180.73 | - | - | - | 528.72 | - | - | - | -961.97 | - | - | - | -1,351 | - | - |
Change in Accounts Payable | 289.8 | 193.71 | 113.1 | 105.6 | 5.1 | 212 | - | - | - | 125.94 | - | - | - | -522.2 | - | - | - | 167.88 | - | - |
Change in Unearned Revenue | 150.2 | 187.93 | -73.5 | -481.7 | 80.9 | 1,148 | - | - | - | -277.44 | - | - | - | 163.47 | - | - | - | 604.57 | - | - |
Change in Other Net Operating Assets | 748.81 | 282.41 | -286.45 | -40.4 | 55.38 | 458.54 | -188.12 | -535.79 | 386.9 | -940.59 | 266.65 | 423.3 | -69.54 | 28.73 | 738.1 | -492.87 | -246.79 | 1,084 | -356.84 | 181.2 |
Operating Cash Flow | 3,498 | 1,457 | 1,141 | 1,480 | 1,779 | 2,554 | 1,309 | 741.94 | 1,568 | 862.43 | 1,385 | 1,454 | 951.16 | 1,123 | 1,726 | 1,140 | 1,190 | 443.93 | 757.71 | 1,441 |
Operating Cash Flow Growth (YoY) | 96.61% | -42.95% | -12.78% | 99.48% | 13.42% | 196.16% | -5.50% | -48.97% | 64.90% | -23.18% | -19.79% | 27.51% | -20.04% | 152.90% | 127.85% | -20.85% | 160.01% | -69.08% | -34.97% | 317.98% |
Investing Activities
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Capital Expenditures | -257.7 | -188.8 | -331.6 | -260.88 | -185.12 | -172.19 | -288.06 | -188.35 | -110.59 | -100.75 | -103.65 | -115.28 | -76.99 | -78.67 | -119.46 | -163.38 | -140.06 | -125.75 | -145.37 | -138.49 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -119.96 | - | - | - | - |
Investment in Securities | - | - | - | - | - | - | - | - | - | - | 14.65 | 15.84 | 7.28 | 26.28 | 39.41 | 17.74 | 14.7 | 23.49 | 79.18 | 325.17 |
Other Investing Activities | -9.29 | 45.06 | -2.98 | 3.1 | -0.93 | 42.94 | -4.86 | 12.97 | 0.04 | -0.87 | -3.36 | -2.52 | -4.97 | -2.79 | -4.29 | -1.66 | -2.44 | 26.32 | -28.38 | -0.6 |
Investing Cash Flow | -266.99 | -143.74 | -334.58 | -257.78 | -186.05 | -129.25 | -292.92 | -175.38 | -110.55 | -101.61 | -92.36 | -101.96 | -74.68 | -55.18 | -84.33 | -267.25 | -127.8 | -75.94 | -94.56 | 186.08 |
Financing Activities
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Total Debt Issued | - | - | - | - | - | - | - | - | - | 97.04 | - | - | - | 66.18 | - | - | - | 64.43 | - | - |
Long-Term Debt Repaid | -34.49 | - | - | - | -1.42 | - | - | - | -0.93 | - | - | - | -253.11 | - | - | - | -1.85 | - | - | - |
Lease Payments | - | -95.02 | - | - | - | -85.56 | - | - | - | -97.45 | - | - | - | -74.4 | - | - | - | -64.81 | - | - |
Total Debt Repaid | -34.49 | -1.36 | -751.19 | -1.46 | -1.42 | -1.49 | -504.04 | -1.03 | -0.93 | -97.99 | -1.06 | -0.99 | -253.11 | -68.24 | -2.21 | -17.08 | -1.85 | -66.46 | -1.82 | -1.7 |
Net Debt Issued (Repaid) | -34.49 | -1.36 | -751.19 | -1.46 | -1.42 | -1.49 | -504.04 | -1.03 | -0.93 | -0.95 | -1.06 | -0.99 | -253.11 | -2.06 | -2.21 | -17.08 | -1.85 | -2.03 | -1.82 | -1.7 |
Issuance of Common Stock | 4.26 | 93.21 | 9.17 | 71.04 | - | 80.25 | 1.76 | 60.56 | - | 69.68 | 8.24 | 54.79 | 2.82 | 68.34 | - | 45.87 | 6.8 | 62.8 | 0.49 | 49.83 |
Repurchase of Common Stock | -1,025 | -246.56 | -1,163 | -1,466 | -975.79 | -1,292 | -435.32 | -697.69 | -997.04 | -373.55 | -980.56 | -645.46 | -843.24 | -869.01 | -581.94 | -456.28 | -109.78 | -876.09 | -1,338 | -414.82 |
Common Dividends Paid | -325.4 | -325.32 | -325.83 | -327.51 | -291.98 | -295.21 | -295.72 | -297.63 | -260.99 | -261.46 | -262.71 | -264.41 | -230.33 | -232.34 | -233.98 | -235.98 | -205.62 | -208.06 | -210.59 | -211.22 |
Other Financing Activities | -1.79 | -0.28 | 0.06 | -1.12 | -12.45 | -0.82 | 0.76 | 0.57 | -0.37 | -7.87 | 0.3 | -3.82 | -2.15 | -2.92 | -1.4 | 1.25 | -0.49 | -0.15 | 0.21 | -0.21 |
Financing Cash Flow | -1,382 | -480.31 | -2,231 | -1,725 | -1,282 | -1,510 | -1,233 | -935.23 | -1,259 | -574.15 | -1,236 | -859.89 | -1,326 | -1,038 | -819.53 | -662.21 | -310.94 | -1,024 | -1,550 | -578.1 |
Net Cash Flow
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Foreign Exchange Rate Adjustments | 4.66 | -2.06 | -4.98 | -13.34 | -7.06 | 29.28 | 2.38 | -26.02 | 22.68 | -9.62 | -8.45 | 6.73 | -11.03 | 1.48 | -2.3 | 17.88 | -16.93 | -16.68 | -5.09 | -4.68 |
Net Cash Flow | 1,853 | 831.12 | -1,429 | -516.28 | 304.22 | 944.68 | -214.43 | -394.69 | 221.28 | 177.05 | 48.23 | 498.71 | -460.56 | 31.04 | 820.28 | 228.61 | 733.92 | -672.22 | -891.65 | 1,044 |
Free Cash Flow
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Free Cash Flow | 3,240 | 1,268 | 809.82 | 1,219 | 1,594 | 2,382 | 1,021 | 553.59 | 1,458 | 761.68 | 1,281 | 1,339 | 874.17 | 1,044 | 1,607 | 976.81 | 1,050 | 318.19 | 612.34 | 1,302 |
Free Cash Flow Growth (YoY) | 103.28% | -46.75% | -20.65% | 120.23% | 9.33% | 212.73% | -20.34% | -58.64% | 66.77% | -27.05% | -20.27% | 37.03% | -16.71% | 228.13% | 162.43% | -24.98% | 226.86% | -76.10% | -43.06% | 415.52% |
Free Cash Flow Margin | 39.42% | 18.87% | 13.86% | 22.81% | 29.94% | 46.06% | 21.62% | 12.65% | 34.98% | 19.67% | 33.77% | 35.62% | 25.11% | 32.55% | 41.53% | 18.51% | 20.68% | 6.86% | 15.08% | 30.80% |
Free Cash Flow Per Share | 2.58 | 1.01 | 0.64 | 0.97 | 1.26 | 1.86 | 0.79 | 0.43 | 1.12 | 0.58 | 0.97 | 1.01 | 0.66 | 0.78 | 1.19 | 0.72 | 0.77 | 0.23 | 0.44 | 0.92 |
Levered Free Cash Flow | 2,819 | 703.28 | 206.89 | 819.1 | 1,361 | 1,965 | 671.5 | 280.78 | 1,505 | 369.59 | 970.19 | 1,133 | 883.92 | 740.9 | 1,326 | 624.15 | 974.06 | 149.5 | 293.79 | 1,027 |
Unlevered Free Cash Flow | 2,842 | 724.66 | 231.48 | 844.65 | 1,388 | 1,992 | 699.74 | 309.09 | 1,533 | 398.62 | 999.67 | 1,162 | 912.26 | 769.98 | 1,356 | 653.32 | 1,003 | 178.39 | 322.98 | 1,056 |
Free Cash Flow After Leases | 3,240 | 1,173 | 809.82 | 1,219 | 1,594 | 2,296 | 1,021 | 553.59 | 1,458 | 664.24 | 1,281 | 1,339 | 874.17 | 969.66 | 1,607 | 976.81 | 1,050 | 253.38 | 612.34 | 1,302 |
Additional Metrics
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | 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 |
Cash Interest Paid | - | 150.1 | - | - | - | 172.36 | - | - | - | 173.09 | - | - | - | 174.75 | - | - | - | 175.53 | - | - |
Cash Income Tax Paid | - | 1,334 | - | - | - | 972.5 | - | - | - | 991.82 | - | - | - | 809.75 | - | - | - | 807.67 | - | - |
Change in Working Capital | 535.41 | -859.92 | -874.65 | -255.5 | 76.18 | 778.81 | -188.12 | -535.79 | 386.9 | -259.93 | 266.65 | 423.3 | -69.54 | 160.29 | 738.1 | -492.87 | -246.79 | -782.11 | -356.84 | 181.2 |