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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
23,23321,68220,56119,59218,43617,13616,20915,59114,90514,24114,31715,83617,42918,85719,04817,99717,22716,73716,52415,754
Revenue Growth (YoY)
26.02%26.53%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%
Cost of Revenue
11,50710,84610,3219,9319,4578,9018,4728,1557,8097,5217,7408,6569,57310,37110,4179,7659,3559,0508,8748,478
Gross Profit
11,72510,83610,2399,6618,9798,2357,7377,4367,0966,7206,5777,1817,8558,4868,6308,2327,8727,6867,6507,276
Selling, General & Admin
1,1501,0961,0411,018981.7929.78919.66904.35868.25851.6829.2834.16832.75842.92866.83869.16885.74893.26879.56862.32
Research & Development
2,3762,3132,2562,1772,0962,0142,0001,9751,9021,8071,7241,7161,7271,7361,7141,6551,6041,5751,5491,520
Operating Expenses
3,5263,4093,2973,1953,0782,9442,9202,8802,7712,6582,5532,5512,5602,5792,5812,5242,4902,4682,4282,383
Operating Income
8,2007,4276,9426,4665,9015,2914,8174,5574,3254,0624,0244,6305,2955,9076,0495,7075,3825,2185,2224,893
Interest Expense
-156.88-165.46-171.31-175.73-178.2-181.87-183.84-184.85-185.24-185.33-185.39-185.74-186.46-186.16-185.65-185.76-184.76-190.23-195.75-201.54
Interest & Investment Income
196.19214.36222.36226.81231.33242.73263.84263.82251.94241.74211.96180.49138.9889.3849.3425.5915.2112.7114.9817.41
Currency Exchange Gain (Loss)
-30.08-21.53-25.18-22.26-26.41-20.7-20.34-15.79-4.84-1.91-3.08-12.63-7.08-11.19-4.736.12-0.72-0.71-1.11-5.6
Other Non Operating Income (Expenses)
53.4631.543.4328.3330.456.9548.5560.6134.4423.0214.63-2.08-11.09-23.53-61.54-48.89-18.4439.281.9488.45
EBT Excluding Unusual Items
8,2627,4867,0116,5235,9585,3384,9254,6804,4224,1404,0624,6105,2305,7755,8475,5045,1935,0795,1224,792
Merger & Restructuring Charges
------4.51-34.96-51.6-61.56-70.24-146.92-130.28-120.32-107.13------
Gain (Loss) on Sale of Investments
--------------63.6-46.6--63.646.6-
Pretax Income
8,2627,4867,0116,5235,9585,3344,8904,6294,3604,0693,9154,4805,1095,6055,8005,5045,1935,1435,1684,792
Income Tax Expense
997.08778.11798.07712.58599.91675.09596.4572.05532.45459.45457.01507.65598.28687.17675.18653.06587.83601.96577.91527.16
Net Income
7,2656,7086,2135,8105,3584,6584,2944,0573,8283,6103,4583,9724,5114,9175,1254,8514,6054,5414,5904,265
Net Income to Common
7,2656,7086,2135,8105,3584,6584,2944,0573,8283,6103,4583,9724,5114,9175,1254,8514,6054,5414,5904,265
Net Income Growth (YoY)
35.59%44.00%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%
Shares Outstanding (Basic)
1,2551,2611,2691,2771,2861,2941,3001,3071,3141,3231,3331,3441,3551,3651,3751,3871,3991,4111,4191,427
Shares Outstanding (Diluted)
1,2611,2661,2741,2811,2901,2991,3051,3131,3201,3281,3381,3481,3581,3681,3801,3931,4061,4191,4311,442
Shares Change (YoY)
-2.25%-2.50%-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%
EPS (Basic)
5.795.324.894.554.173.603.303.102.912.732.592.963.333.603.733.503.293.223.232.99
EPS (Diluted)
5.765.294.874.534.153.593.293.092.902.722.592.953.323.593.713.483.273.203.212.96
EPS Growth (YoY)
38.80%47.52%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%

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
4,8916,0056,2165,5505,4143,7944,0544,8394,2564,5384,8644,5024,6773,9522,9573,2822,5543,5674,0302,980
Free Cash Flow Per Share
3.884.744.884.334.202.923.113.693.223.423.633.343.442.892.142.361.822.512.822.07
Dividend Per Share
1.0401.0100.9800.9500.9200.8900.8600.8300.8000.7720.7450.7180.6900.6670.6450.6230.6000.5800.5600.540
Dividend Growth (YoY)
13.04%13.48%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%
Gross Margin
50.47%49.98%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%
Operating Margin
35.29%34.26%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%
Profit Margin
31.27%30.94%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%
Free Cash Flow Margin
21.05%27.69%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%
EBITDA
8,6417,8487,3446,8596,2875,6675,1854,9204,6854,4234,3874,9875,6386,2476,3836,0375,7165,5435,5415,207
EBITDA Margin
37.20%36.20%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%
D&A For EBITDA
441.53420.33401.35393.63386.28376.2368.77363.52359.7360.95362.69357.16342.43340.76333.33329.62333.74324.2319.43314.11
EBIT
8,2007,4276,9426,4665,9015,2914,8174,5574,3254,0624,0244,6305,2955,9076,0495,7075,3825,2185,2224,893
EBIT Margin
35.29%34.26%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%
Effective Tax Rate
12.07%10.39%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%
SEC Filings: 10-K · 10-Q