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LAM RESEARCH CORP

LRCX
Special Industry Machinery Nec
Last filing · Annual · Jun 28, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Thousands, shares in Thousands		Mar 29, 2026Dec 28, 2025Sep 28, 2025Mar 30, 2025Dec 29, 2024Sep 29, 2024Mar 31, 2024Dec 24, 2023Sep 24, 2023Mar 26, 2023Dec 25, 2022Sep 25, 2022Mar 27, 2022Dec 26, 2021Sep 26, 2021Mar 28, 2021Dec 27, 2020Sep 27, 2020Mar 29, 2020Dec 29, 2019Sep 29, 2019Mar 31, 2019Dec 23, 2018Sep 23, 2018Mar 25, 2018Dec 24, 2017Sep 24, 2017Mar 26, 2017Dec 25, 2016Sep 25, 2016Mar 27, 2016Dec 27, 2015Sep 27, 2015Mar 29, 2015Dec 28, 2014Sep 28, 2014Mar 30, 2014Dec 29, 2013Sep 29, 2013Mar 31, 2013Dec 23, 2012Sep 23, 2012Mar 25, 2012Dec 25, 2011Sep 25, 2011Mar 27, 2011Dec 26, 2010Sep 26, 2010
Revenue
$ 5,841,488
$ 5,344,791
$ 5,324,173
$ 4,720,175
$ 4,376,047
$ 4,167,976
$ 3,793,558
$ 3,758,259
$ 3,482,062
$ 3,869,569
$ 5,277,569
$ 5,074,121
Cost of goods sold
2,930,961
2,693,629
2,639,294
2,406,489
2,303,066
2,165,293
1,977,820
1,985,847
1,819,420
2,197,237
-
-
Restructuring charges, net - cost of goods sold
-
-
-
0
0
0
15,202
14,957
7,940
66,720
-
-
Total cost of goods sold
-
-
-
2,406,489
2,303,066
2,165,293
1,993,022
2,000,804
1,827,360
2,263,957
2,901,220
2,737,286
Total cost of goods sold
-
-
-
-
-
-
-
-
-
-
-
-
Gross margin
2,910,527
2,651,162
2,684,879
2,313,686
2,072,981
2,002,683
1,800,536
1,757,455
1,654,702
1,605,612
2,376,349
2,336,835
Research and development
583,200
573,305
576,446
525,904
494,947
495,358
512,274
469,712
422,629
429,451
462,385
433,375
Selling, general, and administrative
280,311
267,654
279,345
226,023
244,150
243,128
215,904
228,843
207,023
193,500
233,802
205,620
Restructuring charges, net - operating expenses
-
-
-
0
0
0
15,246
1,688
2,021
40,408
-
-
Total operating expenses
863,511
840,959
855,791
751,927
739,097
738,486
743,424
700,243
631,673
663,359
696,187
638,995
Operating income
2,047,016
1,810,203
1,829,088
1,561,759
1,333,884
1,264,197
1,057,112
1,057,212
1,023,029
942,253
1,680,162
1,697,840
Other income (expense), net
(35,460)
26,410
30,074
(25,035)
14,262
30,081
36,073
29,839
2,601
(3,331)
(28,234)
(43,095)
Other expense, net
-
-
-
-
-
-
-
-
-
-
-
-
Income before income taxes
2,011,556
1,836,613
1,859,162
1,536,724
1,348,146
1,294,278
1,093,185
1,087,051
1,025,630
938,922
1,651,928
1,654,745
Income tax expense
186,096
242,619
290,502
206,057
157,128
177,834
127,359
132,785
138,232
124,914
183,421
228,866
Net income
$ 1,825,460
$ 1,593,994
$ 1,568,660
$ 1,330,667
$ 1,191,018
$ 1,116,444
$ 965,826
$ 954,266
$ 887,398
$ 814,008
$ 1,468,507
$ 1,425,879
Net income per share:
                                                
Basic (in dollars per share)
$ 1.46
$ 1.27
$ 1.24
$ 1.04
$ 0.93
$ 0.86
$ 7.38
$ 7.25
$ 6.69
$ 6.03
$ 10.8
$ 10.42
Diluted (in dollars per share)
1.45
1.26
1.24
1.03
0.92
0.86
7.34
7.22
6.66
6.01
10.77
10.39
Number of shares used in per share calculations:
                                                
Basic (in shares)
1,249,728
1,254,856
1,264,446
1,283,779
1,287,109
1,299,236
130,838
131,629
132,584
134,924
136,018
136,891
Diluted (in shares)
1,257,325
1,261,739
1,269,313
1,288,100
1,291,469
1,304,066
131,518
132,220
133,166
135,395
136,339
137,208
Cash dividend declared per common share (usd per share)
-
-
-
-
-
-
-
-
-
-
-
-