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Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
305.77
-1.65 (-0.54%)
At close: Aug 6, 2026, 4:00 PM EDT
315.70
+9.93 (3.25%)
Pre-market: Aug 7, 2026, 9:20 AM EDT

Lam Research Income Statement

Millions USD. Fiscal year is Jul - Jun.
Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
6,7225,8415,3455,3245,1714,7204,3764,1683,8723,7943,7583,4823,2073,8705,2785,0744,6364,0604,2274,304
Revenue Growth (YoY)
29.99%23.76%22.14%27.74%33.58%24.43%16.44%19.70%20.71%-1.96%-28.79%-31.38%-30.81%-4.70%24.87%17.88%11.83%5.53%22.29%35.48%
Cost of Revenue
3,2432,9312,6942,6392,5822,4062,3032,1652,0311,9932,0011,8271,7492,2642,9012,7372,5352,2442,2492,328
Gross Profit
3,4792,9112,6512,6852,5902,3142,0732,0031,8401,8011,7571,6551,4581,6062,3762,3372,1011,8171,9781,977
Selling, General & Admin
322.33280.31267.65279.35268.4226.02244.15243.13216.48215.9228.84207.02199.83193.5233.8205.62210217.41236.13222.19
Research & Development
642.92583.2573.31576.45580.18525.9494.95495.36497.83512.27469.71422.63401.95429.45462.39433.38411.16407.12403.64382.33
Other Operating Expenses
---------0.7715.251.692.021.7440.41------
Total Operating Expenses
965.25863.51840.96855.79848.58751.93739.1738.49713.54743.42700.24631.67603.52663.36696.19639621.16624.53639.78604.52
Operating Income
2,5132,0471,8101,8291,7411,5621,3341,2641,1271,0571,0571,023854.61942.251,6801,6981,4791,1921,3381,372
Total Non-Operating Income (Expense)
41.65-35.4626.4130.0737.85-25.0414.2630.0827.836.0729.842.69.01-3.33-28.23-43.1-120.45-57.418-28.86
Pretax Income
2,5552,0121,8371,8591,7791,5371,3481,2941,1541,0931,0871,026863.62938.921,6521,6551,3591,1351,3561,343
Provision for Income Taxes
277.86186.1242.62290.558.89206.06157.13177.83134.07127.36132.79138.2361.08124.91183.42228.87149.97112.92161.31163.63
Net Income
2,2771,8251,5941,5691,7201,3311,1911,1161,020965.83954.27887.4802.54814.011,4691,4261,2091,0221,1951,180
Net Income to Common
2,2771,8251,5941,5691,7201,3311,1911,1161,020965.83954.27887.4802.54814.011,4691,4261,2091,0221,1951,180
Net Income Growth (YoY)
32.39%37.18%33.84%40.51%68.59%37.77%24.81%25.81%27.13%18.65%-35.02%-37.77%-33.62%-20.33%22.91%20.86%5.62%-4.61%37.46%43.27%
Shares Outstanding (Basic)
1,2511,2501,2551,2641,2741,2841,2871,2991,3061,3081,3161,3261,3421,3501,3601,3691,3801,3921,4061,417
Shares Outstanding (Diluted)
1,2561,2571,2621,2691,2771,2881,2911,3041,3111,3151,3221,3321,3421,3501,3631,3721,3831,4011,4151,426
Shares Change (YoY)
-1.64%-2.39%-2.30%-2.67%-2.61%-2.06%-2.32%-2.07%-2.28%-2.59%-3.02%-2.95%-2.99%-3.60%-3.67%-3.79%-3.62%-3.15%-3.00%-3.15%
EPS (Basic)
1.821.461.271.241.351.040.930.860.780.740.720.670.600.601.081.040.880.730.850.83
EPS (Diluted)
1.811.451.261.241.351.030.920.860.780.730.720.670.600.601.081.040.870.730.840.83
EPS Growth (YoY)
34.07%40.78%36.96%44.19%73.08%41.10%27.78%28.36%30.41%21.08%-33.15%-35.52%-31.56%-17.41%27.61%25.64%9.52%-1.48%41.61%47.94%

Additional Metrics

Fiscal Quarter
Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
1,268809.821,2191,5942,3821,021553.591,458761.681,2811,339874.171,0441,607976.811,050318.19612.341,302321.1
Free Cash Flow Growth (YoY)
-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%-44.61%
Free Cash Flow Per Share
1.010.640.971.261.870.790.431.120.580.971.010.660.781.190.720.760.230.440.920.23
Dividends Per Share
0.2600.2600.2600.2600.2300.2300.2300.2300.2000.2000.2000.2000.1720.1720.1720.1720.1500.1500.1500.150
Dividend Growth (YoY)
13.04%13.04%13.04%13.04%15.00%15.00%15.00%15.00%15.94%15.94%15.94%15.94%15.00%15.00%15.00%15.00%15.38%15.38%15.38%15.38%
Gross Margin
51.75%49.83%49.60%50.43%50.08%49.02%47.37%48.05%47.53%47.46%46.76%47.52%45.46%41.49%45.03%46.05%45.31%44.74%46.80%45.92%
Operating Margin
37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.10%27.87%28.13%29.38%26.65%24.35%31.84%33.46%31.91%29.36%31.66%31.88%
Profit Margin
33.88%31.25%29.82%29.46%33.26%28.19%27.22%26.79%26.35%25.46%25.39%25.48%25.02%21.04%27.83%28.10%26.08%25.16%28.27%27.41%
FCF Margin
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%30.81%7.46%
EBITDA
2,6332,0471,8101,9311,8401,5621,3341,3581,2151,1471,1481,114944.211,0341,7661,7741,5671,2761,4201,452
EBITDA Margin
39.17%35.04%33.87%36.26%35.57%33.09%30.48%32.59%31.38%30.24%30.55%31.98%29.44%26.72%33.45%34.95%33.81%31.43%33.59%33.73%
EBIT
2,5132,0471,8101,8291,7411,5621,3341,2641,1271,0571,0571,023854.61942.251,6801,6981,4791,1921,3381,372
EBIT Margin
37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.10%27.87%28.13%29.38%26.65%24.35%31.84%33.46%31.91%29.36%31.66%31.88%
Effective Tax Rate
10.87%9.25%13.21%15.63%3.31%13.41%11.66%13.74%11.61%11.65%12.22%13.48%7.07%13.30%11.10%13.83%11.04%9.95%11.89%12.18%
SEC Filings: 10-K · 10-Q