Company research / LRCX

Lam Research Corp (LRCX)

SEC name LAM RESEARCH CORP · CIK 0000707549 · Nasdaq · Special Industry Machinery, NEC

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends around Jun 28

For the year ended 2026-06-28, Lam Research Corp reported revenue of $23.23B. Revenue grew 26.0% from the prior annual period. Over the twelve months to 2026-09-27, revenue was $26.13B.

Key ratios (year ended 2026-06-28)

50.5%
Gross margin
35.3%
Operating margin
31.3%
Net margin
58.3%
Return on year-end equity
26.0%
Revenue growth (YoY)

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Latest selected filing: Form 10-Q (quarterly report) · 2026-10-22

Headquarters locality: Fremont · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-09-27 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 10-for-1, first reflected in a filing dated 2024-10-28. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-09-27
2026-06-282025-06-292024-06-302023-06-252022-06-262021-06-272020-06-282019-06-302018-06-242017-06-25
Revenue$26.13B$23.23B$18.44B$14.91B$17.43B$17.23B$14.63B$10.04B$9.65B$11.08B$8.01B
Cost of Revenuen/a$11.51B$9.46B$7.85B$9.65B$9.36B$7.82B$5.44B$5.30B$5.91B$4.41B
Gross Profit$13.34B$11.73B$8.98B$7.05B$7.78B$7.87B$6.81B$4.61B$4.36B$5.17B$3.60B
R&D Expense$2.47B$2.38B$2.10B$1.90B$1.73B$1.60B$1.49B$1.25B$1.19B$1.19B$1.03B
Operating Income$9.65B$8.20B$5.90B$4.26B$5.17B$5.38B$4.48B$2.67B$2.46B$3.21B$1.90B
Depreciation & Amortization$461.96M$441.53M$386.28M$359.70M$342.43M$333.74M$307.15M$268.52M$309.28M$326.39M$306.90M
EBITDA$10.12B$8.64B$6.29B$4.62B$5.52B$5.72B$4.79B$2.94B$2.77B$3.54B$2.21B
Net Income$8.45B$7.27B$5.36B$3.83B$4.51B$4.61B$3.91B$2.25B$2.19B$2.38B$1.70B
EPS (Diluted)n/a$5.76$4.15$2.90$3.32$32.75$26.90$15.10$13.70$13.17$9.24
Total Assets$26.35B$23.53B$21.35B$18.74B$18.78B$17.20B$15.89B$14.56B$12.00B$12.48B$12.12B
Total Liabilities$12.44B$11.06B$11.48B$10.21B$10.57B$10.92B$9.86B$9.38B$7.28B$5.90B$5.14B
Long-Term Debtn/a$3.72B$4.47B$4.97B$4.97B$4.96B$4.96B$5.80B$4.43B$2.37B$2.69B
Shareholders' Equity$13.91B$12.47B$9.86B$8.54B$8.21B$6.28B$6.03B$5.17B$4.67B$6.50B$6.82B
Cash & Equivalents$7.44B$5.58B$6.39B$5.85B$5.34B$3.52B$4.42B$4.92B$3.66B$4.51B$2.38B
Operating Cash Flow$7.58B$5.86B$6.17B$4.65B$5.18B$3.10B$3.59B$2.13B$3.18B$2.66B$2.03B
Capital Expenditures$1.04B$966.40M$759.19M$396.67M$501.57M$546.03M$349.10M$203.24M$303.49M$273.47M$157.42M
Free Cash Flow$6.54B$4.89B$5.41B$4.26B$4.68B$2.55B$3.24B$1.92B$2.87B$2.38B$1.87B
Share Repurchases$3.90B$3.85B$3.42B$2.84B$2.02B$3.87B$2.70B$1.37B$3.78B$2.65B$811.67M
Dividends Paid$1.30B$1.27B$1.15B$1.02B$907.91M$815.29M$726.99M$656.84M$678.35M$307.61M$243.50M
Shares Outstanding1.25B1.25B1.27B1.30B133.30M136.97M142.50M145.33M144.43M156.89M161.72M
Dividends Per Sharen/a$1.04$0.92$0.80$0.69$6.00$5.20$4.60$4.40$2.55$1.65
Weighted Average Diluted Sharesn/a1.26B1.29B1.32B1.36B140.63M145.32M149.09M159.91M180.78M183.77M
EPS (Basic)n/a$5.79$4.17$2.91$3.33$32.92$27.22$15.55$14.37$14.73$10.47

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