LAM RESEARCH CORP LRCX
LAM RESEARCH CORP financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.2B | $18.4B | $14.9B | $17.4B | $17.2B | $14.6B | $10.0B | $9.7B | $11.1B | $8.0B |
| Gross profit | $11.7B | $9.0B | $7.1B | $7.8B | $7.9B | $6.8B | $4.6B | $4.4B | $5.2B | $3.6B |
| R&D expense | $2.4B | $2.1B | $1.9B | $1.7B | $1.6B | $1.5B | $1.3B | $1.2B | $1.2B | $1.0B |
| SG&A expense | $1.1B | $981.7M | $868.2M | $832.8M | $885.7M | $829.9M | $682.5M | $702.4M | $762.2M | $667.5M |
| Operating income | $8.2B | $5.9B | $4.3B | $5.2B | $5.4B | $4.5B | $2.7B | $2.5B | $3.2B | $1.9B |
| Interest expense | — | — | — | $186.5M | $184.8M | $208.6M | $177.4M | $117.3M | $97.4M | $117.7M |
| Income tax | $997.1M | $599.9M | $532.5M | $598.3M | $587.8M | $462.3M | $323.2M | $255.1M | $771.1M | $113.9M |
| Net income | $7.3B | $5.4B | $3.8B | $4.5B | $4.6B | $3.9B | $2.3B | $2.2B | $2.4B | $1.7B |
| EPS (diluted) | $5.76 | $4.15 | $2.90 | $3.32 | $3.27 | $2.69 | $1.51 | $1.37 | $1.32 | $0.92 |
| Operating cash flow | $5.9B | $6.2B | $4.7B | $5.2B | $3.1B | $3.6B | $2.1B | $3.2B | $2.7B | $2.0B |
| Cash & equivalents | $5.6B | $6.4B | $5.8B | $5.3B | $3.5B | $4.4B | $4.9B | $3.7B | $4.5B | $2.4B |
| Inventory | $4.3B | $4.3B | $4.2B | $4.8B | $4.0B | $2.7B | $1.9B | $1.5B | $1.9B | $1.2B |
| Total assets | $23.5B | $21.3B | $18.7B | $18.8B | $17.2B | $15.9B | $14.6B | $12.0B | $12.5B | $12.1B |
| Total liabilities | $11.1B | $11.5B | $10.2B | $10.6B | $10.9B | $9.9B | $9.4B | $7.3B | $5.9B | $5.1B |
| Shareholders' equity | $12.5B | $9.9B | $8.5B | $8.2B | $6.3B | $6.0B | $5.2B | $4.7B | $6.5B | $6.8B |
Growth · year-over-year · Revenue CAGR 12.6%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +26.0% | +23.7% | -14.5% | +1.2% | +17.8% | +45.6% | +4.1% | -12.9% | +38.2% | +36.1% |
| Net income growth | +35.6% | +40.0% | -15.1% | -2.0% | +17.8% | +73.6% | +2.8% | -7.9% | +40.2% | +85.7% |
| EPS growth | +38.8% | +43.1% | -12.7% | +1.4% | +21.7% | +78.1% | +10.2% | +4.0% | +42.5% | +77.0% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-06-29. Facts plus Stocktoria's own computed scores — not investment advice.