Lam Research Corporation logo
Lam Research Corporation LRCX
$ 212.2 1.29%

Quarterly report 2025-Q4
added 01-29-2026

report update icon

Lam Research Corporation Financial Statements 2011-2026 | LRCX

Annual Financial Statements Lam Research Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

131 B 134 B 888 B 69 B 84.7 B 69.5 B 32.2 B 28 B 26.7 B 14.6 B 12.4 B 11.3 B 8.39 B 4.25 B 5.41 B

Shares

1.29 B 1.31 B 1.35 B 140 M 144 M 145 M 152 M 162 M 162 M 159 M 160 M 165 M 169 M 124 M 124 M

Historical Prices

102 102 656 493 590 481 291 161 179 106 65.3 68.7 45.2 36.8 38.1

Net Income

5.36 B 3.83 B 4.51 B 4.61 B 3.91 B 2.25 B 2.19 B 2.38 B 1.7 B 914 M 656 M 632 M 114 M 169 M 724 M

Revenue

18.4 B 14.9 B 17.4 B 17.2 B 14.6 B 10 B 9.65 B 11.1 B 8.01 B 5.89 B 5.26 B 4.61 B 3.6 B 2.66 B 3.24 B

Cost of Revenue

9.46 B 7.85 B 9.65 B 9.36 B 7.82 B 5.44 B 5.3 B 5.91 B 4.41 B 3.27 B 2.97 B 2.6 B 2.2 B 1.58 B 1.74 B

Gross Profit

8.98 B 7.05 B 7.78 B 7.87 B 6.81 B 4.61 B 4.36 B 5.17 B 3.6 B 2.62 B 2.28 B 2.01 B 1.4 B 1.09 B 1.5 B

Operating Income

5.9 B 4.26 B 5.17 B 5.38 B 4.48 B 2.67 B 2.46 B 3.21 B 1.9 B 1.07 B 788 M 678 M 118 M 238 M 804 M

Interest Expense

57.2 M 96.3 M -65.6 M 185 M 209 M 177 M 117 M 97.4 M 118 M 135 M 73.7 M 61.7 M 60.4 M 39 M 5.38 M

EBITDA

6.29 B 4.62 B 5.52 B 5.72 B 4.79 B 2.94 B 2.77 B 3.5 B 2.17 B 1.37 B 1.07 B 970 M 424 M 339 M 879 M

Operating Expenses

3.08 B 2.79 B 2.6 B 2.49 B 2.32 B 1.93 B 1.89 B 1.99 B 1.74 B 1.54 B 1.5 B 1.33 B 1.28 B 848 M 693 M

General and Administrative Expenses

982 M 868 M 833 M 886 M 830 M 682 M 702 M 765 M 667 M 631 M 592 M 613 M 599 M 402 M 308 M

All numbers in USD currency

Quarterly Income Statement Lam Research Corporation

2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

1.25 B 1.26 B 1.27 B 1.28 B 1.29 B 1.3 B 1.3 B 1.31 B 1.32 B 1.33 B 133 M 135 M 136 M 137 M 137 M 139 M 141 M 142 M 141 M 143 M 144 M 145 M 144 M 145 M 144 M 145 M 144 M 145 M 155 M 156 M 155 M 156 M 161 M 162 M 161 M 162 M 163 M 161 M 163 M 161 M 158 M 158 M 158 M 158 M 159 M 162 M 159 M 162 M 162 M 163 M 162 M 163 M 171 M 180 M 171 M 180 M 120 M 123 M 120 M 123 M

Net Income

1.59 B 1.57 B - 1.33 B 1.19 B 1.12 B - 966 M 954 M 887 M - 814 M 1.47 B 1.43 B 2.89 B 1.02 B 1.19 B 1.18 B 2.37 B 1.07 B 869 M 823 M 869 M 823 M 515 M 466 M 515 M 466 M 569 M 533 M 569 M 533 M -9.96 M 591 M -9.96 M 591 M 333 M 264 M 333 M 264 M 223 M 289 M 223 M 289 M 177 M 141 M 177 M 141 M 149 M 85.5 M 149 M 85.5 M 6.41 M 2.77 M 6.41 M 2.77 M 33.2 M 71.8 M 33.2 M 71.8 M

Revenue

5.34 B 5.32 B - 4.72 B 4.38 B 4.17 B - 3.79 B 3.76 B 3.48 B - 3.87 B 5.28 B 5.07 B 10.4 B 4.06 B 4.23 B 4.3 B 8.53 B 3.85 B 3.46 B 3.18 B 3.46 B 3.18 B 2.58 B 2.17 B 2.58 B 2.17 B 2.52 B 2.33 B 2.52 B 2.89 B 2.58 B 2.48 B 5.06 B 2.15 B 1.88 B 1.63 B 1.88 B 1.63 B 1.43 B 1.6 B 1.43 B 1.6 B 1.23 B 1.15 B 1.23 B 1.15 B 1.12 B 1.02 B 1.12 B 1.02 B 861 M 907 M 861 M 907 M 584 M 680 M 1.26 B 809 M

Cost of Revenue

- - - 2.41 B 2.3 B 2.17 B - 1.99 B 2 B 1.83 B - 2.26 B 2.9 B 2.74 B 5.64 B 2.24 B 2.25 B 2.33 B 4.58 B 2.07 B 1.85 B 1.67 B 1.85 B 1.67 B 1.4 B 1.18 B 1.4 B 1.18 B 1.38 B 1.27 B 1.38 B 1.27 B 1.38 B 1.33 B 1.38 B 1.33 B 1.04 B 916 M 1.04 B 916 M 799 M 878 M 799 M 878 M 696 M 647 M 696 M 647 M 628 M 583 M 628 M 505 M 545 M 1.14 B 1.12 B 392 M 349 M 1.33 B 349 M 435 M

Gross Profit

2.65 B 2.68 B - 2.31 B 2.07 B 2 B - 1.8 B 1.76 B 1.65 B - 1.61 B 2.38 B 2.34 B 4.71 B 1.82 B 1.98 B 1.98 B 3.95 B 1.78 B 1.6 B 1.51 B 1.6 B 1.51 B 1.18 B 982 M 1.18 B 982 M 1.15 B 1.06 B 1.15 B 1.06 B 1.21 B 1.15 B 1.21 B 1.15 B 847 M 716 M 847 M 716 M 627 M 722 M 627 M 722 M 537 M 506 M 537 M 506 M 488 M 432 M 488 M 432 M 315 M 334 M 315 M 334 M 235 M 284 M 235 M 284 M

Operating Income

1.81 B 1.83 B - 1.56 B 1.33 B 1.26 B - 1.06 B 1.06 B 1.02 B - 942 M 1.68 B 1.7 B 3.38 B 1.19 B 1.34 B 1.37 B 2.71 B 1.2 B 1.01 B 961 M 1.01 B 961 M 687 M 537 M 687 M 537 M 690 M 592 M 690 M 592 M 737 M 693 M 737 M 693 M 440 M 316 M 440 M 316 M 239 M 335 M 239 M 335 M 189 M 168 M 189 M 168 M 164 M 105 M 164 M 105 M 4.04 M 16.7 M 4.04 M 16.7 M 47.5 M 99.4 M 47.5 M 99.4 M

Interest Expense

26.4 M 30.1 M - -25 M 14.3 M 30.1 M - 36.1 M 29.8 M 2.6 M - 47.2 M 46.7 M 46.1 M 92.7 M 46.7 M 46.8 M 45.1 M 91.8 M 52.2 M 52.6 M 52.1 M 52.6 M 52.1 M 42.6 M 44 M 42.6 M 44 M 19.8 M 21.8 M 19.8 M 21.8 M 23.3 M 23.9 M 23.3 M 23.9 M 26.6 M 41.4 M 26.6 M 41.4 M 38.6 M 24.7 M 38.6 M 24.7 M 15.8 M 15.7 M 15.8 M 15.7 M 15.3 M 15.3 M 15.3 M 15.3 M 15 M 15.1 M 15 M 15.1 M 9.35 M 9.26 M 9.35 M 9.26 M

EBITDA

- 1.93 B - - - 1.36 B - 1.07 B 1.07 B 1.11 B - 956 M 1.69 B 1.77 B 3.54 B 1.21 B 1.36 B 1.45 B 2.87 B 1.21 B 1.03 B 1.03 B 1.16 B 1.03 B 703 M 602 M 817 M 602 M 727 M 672 M 852 M 672 M 778 M 772 M 896 M 772 M 478 M 391 M 591 M 391 M 278 M 406 M 381 M 406 M 229 M 236 M 326 M 236 M 205 M 180 M 312 M 180 M 48.7 M 91.5 M 157 M 91.5 M 52 M 121 M 91.3 M 121 M

Operating Expenses

841 M 856 M - 752 M 739 M 738 M - 743 M 700 M 632 M - 663 M 696 M 639 M 1.34 B 625 M 640 M 605 M 1.24 B 585 M 594 M 545 M 594 M 545 M 493 M 444 M 493 M 444 M 455 M 466 M 455 M 466 M 468 M 456 M 468 M 456 M 407 M 400 M 407 M 400 M 388 M 387 M 388 M 387 M 348 M 337 M 348 M 337 M 323 M 326 M 323 M 326 M 311 M 317 M 311 M 317 M 187 M 184 M 187 M 184 M

General and Administrative Expenses

268 M 279 M - 226 M 244 M 243 M - 216 M 229 M 207 M - 194 M 234 M 206 M 439 M 217 M 236 M 222 M 458 M 204 M 219 M 190 M 219 M 190 M 174 M 157 M 174 M 157 M 169 M 175 M 169 M 175 M 187 M 181 M 187 M 181 M 160 M 165 M 160 M 165 M 167 M 153 M 167 M 153 M 151 M 148 M 151 M 148 M 149 M 156 M 149 M 156 M 145 M 154 M 144 M 154 M 83.3 M 80.2 M 83.3 M 80.2 M

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Lam Research Corporation LRCX
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Lam Research Corporation plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Semiconductors industry

Issuer Price % 24h Market Cap Country
Resonant Inc. Resonant Inc.
RESN
- - $ 301 M usaUSA
Brooks Automation, Inc. Brooks Automation, Inc.
BRKS
- -2.73 % $ 8.41 B usaUSA
Tower Semiconductor Ltd. Tower Semiconductor Ltd.
TSEM
$ 124.71 5.2 % $ 13.9 B israelIsrael
Ambarella Ambarella
AMBA
$ 52.29 -0.25 % $ 2.16 B usaUSA
ASE Technology Holding Co., Ltd. ASE Technology Holding Co., Ltd.
ASX
$ 21.5 2.41 % $ 17.8 B -
Advanced Micro Devices Advanced Micro Devices
AMD
$ 193.39 -2.2 % $ 314 B usaUSA
Analog Devices Analog Devices
ADI
$ 306.07 -0.39 % $ 151 B usaUSA
CEVA CEVA
CEVA
$ 18.24 -0.87 % $ 431 M usaUSA
Amkor Technology Amkor Technology
AMKR
$ 42.99 4.17 % $ 10.6 B usaUSA
Atomera Incorporated Atomera Incorporated
ATOM
$ 4.6 -5.93 % $ 142 M usaUSA
DSP Group, Inc. DSP Group, Inc.
DSPG
- -0.05 % $ 533 M usaUSA
Cirrus Logic Cirrus Logic
CRUS
$ 133.71 0.84 % $ 7.1 B usaUSA
EMCORE Corporation EMCORE Corporation
EMKR
- 0.98 % $ 28 M usaUSA
Amtech Systems Amtech Systems
ASYS
$ 12.98 1.56 % $ 184 M usaUSA
GSI Technology GSI Technology
GSIT
$ 8.51 3.91 % $ 217 M usaUSA
Himax Technologies Himax Technologies
HIMX
$ 9.84 -2.86 % $ 2.15 B taiwanTaiwan
Maxim Integrated Products, Inc. Maxim Integrated Products, Inc.
MXIM
- - $ 27.7 B usaUSA
Cree, Inc. Cree, Inc.
CREE
- - $ 9.17 B usaUSA
Ichor Holdings, Ltd. Ichor Holdings, Ltd.
ICHR
$ 41.43 -0.5 % $ 1.42 B usaUSA
Inphi Corporation Inphi Corporation
IPHI
- -1.08 % $ 9.25 B usaUSA
ChipMOS TECHNOLOGIES ChipMOS TECHNOLOGIES
IMOS
$ 37.73 -0.92 % $ 16.4 B taiwanTaiwan
MoSys, Inc. MoSys, Inc.
MOSY
- -4.43 % $ 31.9 M usaUSA
Aehr Test Systems Aehr Test Systems
AEHR
$ 35.67 -5.26 % $ 1.06 B usaUSA
O2Micro International Limited O2Micro International Limited
OIIM
- - $ 143 M cayman-islandsCayman-islands
FormFactor FormFactor
FORM
$ 89.92 1.72 % $ 6.96 B usaUSA
Cohu Cohu
COHU
$ 27.25 -0.86 % $ 1.27 B usaUSA
inTEST Corporation inTEST Corporation
INTT
$ 13.97 -3.52 % $ 170 M usaUSA
KLA Corporation KLA Corporation
KLAC
$ 1 418.64 0.64 % $ 189 B usaUSA
Xilinx, Inc. Xilinx, Inc.
XLNX
- -0.75 % $ 53.8 B usaUSA
Kulicke and Soffa Industries Kulicke and Soffa Industries
KLIC
$ 64.37 1.55 % $ 3.41 B singaporeSingapore
Broadcom Broadcom
AVGO
$ 322.16 -4.13 % $ 1.49 T usaUSA
eMagin Corporation eMagin Corporation
EMAN
- -0.24 % $ 157 M usaUSA
Daqo New Energy Corp. Daqo New Energy Corp.
DQ
$ 23.11 -1.53 % $ 7.64 B chinaChina
Axcelis Technologies Axcelis Technologies
ACLS
$ 83.19 -2.34 % $ 2.63 B usaUSA
AXT AXT
AXTI
$ 48.86 4.56 % $ 2.08 B usaUSA
ACM Research ACM Research
ACMR
$ 46.38 2.45 % $ 2.98 B usaUSA
Microchip Technology Incorporated Microchip Technology Incorporated
MCHP
$ 61.94 -1.26 % $ 33.6 B usaUSA
Camtek Ltd. Camtek Ltd.
CAMT
$ 148.98 -2.34 % $ 6.75 M israelIsrael
IPG Photonics Corporation IPG Photonics Corporation
IPGP
$ 110.95 1.22 % $ 4.7 B usaUSA
MACOM Technology Solutions Holdings MACOM Technology Solutions Holdings
MTSI
$ 217.8 0.86 % $ 16.1 B usaUSA
Entegris Entegris
ENTG
$ 108.28 -1.55 % $ 16.3 B usaUSA
CMC Materials CMC Materials
CCMP
- -0.45 % $ 4.94 B usaUSA
NVIDIA Corporation NVIDIA Corporation
NVDA
$ 180.25 -1.58 % $ 4.39 T usaUSA
nLIGHT nLIGHT
LASR
$ 62.6 -0.27 % $ 3 B usaUSA
Applied Materials Applied Materials
AMAT
$ 341.53 1.26 % $ 282 B usaUSA
ASML Holding N.V. ASML Holding N.V.
ASML
$ 1 345.69 -0.44 % $ 523 B niderlandNiderland
MagnaChip Semiconductor Corporation MagnaChip Semiconductor Corporation
MX
$ 2.82 2.17 % $ 116 M luxembourgLuxembourg
Onto Innovation Onto Innovation
ONTO
$ 189.53 2.68 % $ 9.31 B usaUSA
Photronics Photronics
PLAB
$ 33.55 1.57 % $ 2.03 B usaUSA