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Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
301.46
+13.35 (4.63%)
Sep 21, 2026, 1:43 PM EDT - Market open

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
3,2432,9312,6942,6392,5822,4062,3032,1652,0261,9781,9861,8191,7382,1972,9012,7372,5352,2442,2492,328
Gross Profit
3,4792,9112,6512,6852,5902,3142,0732,0031,8451,8161,7721,6631,4701,6722,3762,3372,1011,8171,9781,977
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
Operating Expenses
965.25863.51840.96855.79848.58751.93739.1738.49714.31728.18698.56629.65601.78622.95696.19639621.16624.53639.78604.52
Operating Income
2,5132,0471,8101,8291,7411,5621,3341,2641,1311,0881,0741,033867.791,0491,6801,6981,4791,1921,3381,372
Interest Expense
-34.2-39.33-40.88-42.47-42.77-45.18-45.3-44.95-46.44-47.15-46.31-45.33-46.53-47.22-46.66-46.05-46.23-46.71-46.77-45.06
Interest & Investment Income
36.4742.6453.1663.9354.6350.6457.6168.4566.0371.7557.656.5655.8341.9726.1315.066.221.942.374.68
Currency Exchange Gain (Loss)
-15.46-1.05-8.03-5.53-6.91-4.7-5.12-9.69-1.19-4.34-0.571.271.73-5.52-10.116.82-2.380.940.73-0.02
Other Non Operating Income (Expenses)
54.86-37.7222.1714.1532.9-25.797.0716.269.415.8219.13-9.9-2.027.432.42-18.92-14.46-13.5715.0611.54
EBT Excluding Unusual Items
2,5552,0121,8371,8591,7791,5371,3481,2941,1591,1241,1041,036876.81,0461,6521,6551,4231,1351,3101,343
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
2,5552,0121,8371,8591,7791,5371,3481,2941,1541,0931,0871,026863.62938.921,6521,6551,3591,1351,3561,343
Income Tax Expense
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)
1,2511,2501,2551,2641,2741,2841,2871,2991,3061,3081,3161,3261,3411,3491,3601,3691,3801,3921,4061,417
Shares Outstanding (Diluted)
1,2561,2571,2621,2691,2771,2881,2911,3041,3111,3151,3221,3321,3441,3541,3631,3721,3831,4011,4151,426
Shares Change (YoY)
-1.64%-2.39%-2.30%-2.67%-2.61%-2.06%-2.32%-2.07%-2.44%-2.86%-3.02%-2.95%-2.83%-3.33%-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)
1.811.451.261.241.341.030.920.860.780.730.720.670.600.601.081.040.870.730.840.83
EPS Growth (YoY)
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%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 Per Share
1.010.640.971.261.860.790.431.120.580.971.010.660.781.190.720.770.230.440.920.23
Dividend 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%47.67%47.86%47.16%47.75%45.82%43.22%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%29.22%28.67%28.57%29.67%27.06%27.12%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%25.49%25.02%21.04%27.82%28.10%26.08%25.16%28.27%27.41%
Free Cash Flow 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%30.80%7.46%
EBITDA
2,6332,1631,9141,9311,8401,6591,4301,3581,2191,1771,1651,123957.41,1411,7661,7741,5671,2761,4201,452
EBITDA Margin
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%33.73%
D&A For EBITDA
119.64116.32103.93101.6498.4497.3496.294.388.3689.9290.9490.4889.691.6685.4175.7587.9384.2381.7179.87
EBIT
2,5132,0471,8101,8291,7411,5621,3341,2641,1311,0881,0741,033867.791,0491,6801,6981,4791,1921,3381,372
EBIT Margin
37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.22%28.67%28.57%29.67%27.06%27.12%31.84%33.46%31.91%29.36%31.66%31.88%
Effective Tax Rate
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%12.18%
SEC Filings: 10-K · 10-Q