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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 Income Statement

Millions USD. Fiscal year is Jul - Jun.
Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Sep '26 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
Revenue
8,2196,7225,8415,3455,3245,1714,7204,3764,1683,8723,7943,7583,4823,2073,8705,2785,0744,6364,0604,227
Revenue Growth (YoY)
54.38%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%
Cost of Revenue
3,9213,2432,9312,6942,6392,5822,4062,3032,1652,0261,9781,9861,8191,7382,1972,9012,7372,5352,2442,249
Gross Profit
4,2993,4792,9112,6512,6852,5902,3142,0732,0031,8451,8161,7721,6631,4701,6722,3762,3372,1011,8171,978
Selling, General & Admin
348.73322.33280.31267.65279.35268.4226.02244.15243.13216.48215.9228.84207.02199.83193.5233.8205.62210217.41236.13
Research & Development
666.4642.92583.2573.31576.45580.18525.9494.95495.36497.83512.27469.71422.63401.95429.45462.39433.38411.16407.12403.64
Operating Expenses
1,015965.25863.51840.96855.79848.58751.93739.1738.49714.31728.18698.56629.65601.78622.95696.19639621.16624.53639.78
Operating Income
3,2842,5132,0471,8101,8291,7411,5621,3341,2641,1311,0881,0741,033867.791,0491,6801,6981,4791,1921,338
Interest Expense
-36.76-34.2-39.33-40.88-42.47-42.77-45.18-45.3-44.95-46.44-47.15-46.31-45.33-46.53-47.22-46.66-46.05-46.23-46.71-46.77
Interest & Investment Income
49.8536.4742.6453.1663.9354.6350.6457.6168.4566.0371.7557.656.5655.8341.9726.1315.066.221.942.37
Currency Exchange Gain (Loss)
3.89-15.46-1.05-8.03-5.53-6.91-4.7-5.12-9.69-1.19-4.34-0.571.271.73-5.52-10.116.82-2.380.940.73
Other Non Operating Income (Expenses)
11.5254.86-37.7222.1714.1532.9-25.797.0716.269.415.8219.13-9.9-2.027.432.42-18.92-14.46-13.5715.06
EBT Excluding Unusual Items
3,3122,5552,0121,8371,8591,7791,5371,3481,2941,1591,1241,1041,036876.81,0461,6521,6551,4231,1351,310
Merger & Restructuring Charges
----------4.51-30.45-16.65-9.96-13.19-107.13-----
Gain (Loss) on Sale of Investments
------------------63.6-46.6
Pretax Income
3,3122,5552,0121,8371,8591,7791,5371,3481,2941,1541,0931,0871,026863.62938.921,6521,6551,3591,1351,356
Income Tax Expense
559.08277.86186.1242.62290.558.89206.06157.13177.83134.07127.36132.79138.2361.08124.91183.42228.87149.97112.92161.31
Net Income
2,7532,2771,8251,5941,5691,7201,3311,1911,1161,020965.83954.27887.4802.54814.011,4691,4261,2091,0221,195
Net Income to Common
2,7532,2771,8251,5941,5691,7201,3311,1911,1161,020965.83954.27887.4802.54814.011,4691,4261,2091,0221,195
Net Income Growth (YoY)
75.51%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%
Shares Outstanding (Basic)
1,2511,2511,2501,2551,2641,2741,2841,2871,2991,3061,3081,3161,3261,3411,3491,3601,3691,3801,3921,406
Shares Outstanding (Diluted)
1,2561,2561,2571,2621,2691,2771,2881,2911,3041,3111,3151,3221,3321,3441,3541,3631,3721,3831,4011,415
Shares Change (YoY)
-1.07%-1.64%-2.39%-2.30%-2.67%-2.61%-2.06%-2.32%-2.07%-2.44%-2.86%-3.02%-2.95%-2.83%-3.33%-3.67%-3.79%-3.62%-3.15%-3.00%
EPS (Basic)
2.201.821.461.271.241.351.040.930.860.780.740.720.670.600.601.081.040.880.730.85
EPS (Diluted)
2.191.811.451.261.241.341.030.920.860.780.730.720.670.600.601.081.040.870.730.84
EPS Growth (YoY)
76.61%34.80%40.78%36.96%44.30%72.19%41.10%27.78%28.39%30.59%21.46%-33.15%-35.58%-31.62%-17.67%27.61%25.64%9.54%-1.48%41.61%

Additional Metrics

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period Ending
Sep '26 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
Free Cash Flow
3,2401,268809.821,2191,5942,3821,021553.591,458761.681,2811,339874.171,0441,607976.811,050318.19612.341,302
Free Cash Flow Per Share
2.581.010.640.971.261.860.790.431.120.580.971.010.660.781.190.720.770.230.440.92
Dividend Per Share
0.3300.2600.2600.2600.2600.2300.2300.2300.2300.2000.2000.2000.2000.1720.1720.1720.1720.1500.1500.150
Dividend Growth (YoY)
26.92%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%
Gross Margin
52.30%51.75%49.83%49.60%50.43%50.08%49.02%47.37%48.05%47.67%47.86%47.16%47.75%45.82%43.22%45.03%46.05%45.31%44.74%46.80%
Operating Margin
39.95%37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.22%28.67%28.57%29.67%27.06%27.12%31.84%33.46%31.91%29.36%31.66%
Profit Margin
33.50%33.88%31.25%29.82%29.46%33.26%28.19%27.22%26.79%26.35%25.46%25.39%25.49%25.02%21.04%27.82%28.10%26.08%25.16%28.27%
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%
EBITDA
3,4062,6332,1631,9141,9311,8401,6591,4301,3581,2191,1771,1651,123957.41,1411,7661,7741,5671,2761,420
EBITDA Margin
41.44%39.17%37.03%35.81%36.26%35.57%35.15%32.68%32.59%31.50%31.04%30.99%32.26%29.85%29.49%33.45%34.95%33.81%31.43%33.59%
D&A For EBITDA
122.07119.64116.32103.93101.6498.4497.3496.294.388.3689.9290.9490.4889.691.6685.4175.7587.9384.2381.71
EBIT
3,2842,5132,0471,8101,8291,7411,5621,3341,2641,1311,0881,0741,033867.791,0491,6801,6981,4791,1921,338
EBIT Margin
39.95%37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.22%28.67%28.57%29.67%27.06%27.12%31.84%33.46%31.91%29.36%31.66%
Effective Tax Rate
16.88%10.88%9.25%13.21%15.63%3.31%13.41%11.65%13.74%11.62%11.65%12.21%13.48%7.07%13.30%11.10%13.83%11.04%9.95%11.89%
SEC Filings: 10-K · 10-Q