Lam Research Corporation (LRCX) Financial Statements

Lam Research Corporation

LRCX · NASDAQ-GS

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$18.44B	$14.91B	$17.43B	$17.23B	$14.63B	$10.04B	$9.65B	$11.08B
Cost of Revenue	$9.46B	$7.85B	$9.65B	$9.36B	$7.82B	$5.44B	$5.30B	$5.91B
Gross Profit	$8.98B	$7.05B	$7.78B	$7.87B	$6.81B	$4.61B	$4.36B	$5.17B
Research & Development	$2.10B	$1.90B	$1.73B	$1.60B	$1.49B	$1.25B	$1.19B	$1.19B
Selling, General & Administrative	$981.70M	$868.25M	$832.75M	$885.74M	$829.88M	$682.48M	$702.41M	$762.22M
Operating Expenses	$3.08B	$2.79B	$2.60B	$2.49B	$2.32B	$1.93B	$1.89B	$1.95B
Operating Income	$5.90B	$4.26B	$5.17B	$5.38B	$4.48B	$2.67B	$2.46B	$3.21B
Interest Expense	$177.22M	$183.03M	$186.46M	$184.76M	$208.60M	$177.44M	$117.26M	$97.39M
Other Income / (Expense)	$57.16M	$96.31M	-$65.65M	-$188.71M	-$111.22M	-$98.82M	-$18.16M	-$61.51M
Income Before Taxes	$5.96B	$4.36B	$5.11B	$5.19B	$4.37B	$2.57B	$2.45B	$3.15B
Provision for Income Taxes	$599.91M	$532.45M	$598.28M	$587.83M	$462.35M	$323.23M	$255.14M	$771.11M
Net Income	$5.36B	$3.83B	$4.51B	$4.61B	$3.91B	$2.25B	$2.19B	$2.38B
Basic EPS	$4.17	$2.91	$3.33	$32.92	$27.22	$15.55	$14.37	$14.73
Diluted EPS	$4.15	$2.90	$3.32	$32.75	$26.90	$15.10	$13.70	$13.17
Basic Shares Outstanding	1.29B	1.31B	1.35B	139.90M	143.61M	144.81M	152.48M	161.64M
Diluted Shares Outstanding	1.29B	1.32B	1.36B	140.63M	145.32M	149.09M	159.91M	180.78M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Jun 2027	$9.24	$8.05	$10.00	14	↑12 ↓0
Jun 2028	$11.34	$9.74	$12.39	8	↑5 ↓0
Jun 2029	$13.52	$11.49	$14.70	4	↑1 ↓0
Jun 2030	$15.45	$14.10	$16.80	2	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: LRCX
Type: Stock
Sector: Technology
Industry: Industrial Machinery/Components
Country: North America
Exchange: NASDAQ-GS

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com (LRCX).

Key Issues

Bullish view

Zacks cited record revenues, strong AI equipment demand and rising earnings, supporting the view that Lam is benefiting from a durable semiconductor investment cycle.

Bearish view

The stock had still fallen 16% over the prior month before this rebound, showing that investors remain willing to question whether anticipated AI demand is already reflected in the shares.

Analyst Consensus

See all

Buy

26 analysts

$313

Current

—

Low

$364

Average

—

High

Average target implies +16.15% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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