Lam Research Corporation (LRCX)

Technology | Semiconductors
Income Statement (Quarterly) 2025-09-28 2025-03-30 2024-12-29 2024-09-29
Revenue 5,324,173,000 4,720,175,000 4,376,047,000 4,167,976,000
Cost of Revenue 2,639,294,000 2,406,489,000 2,303,066,000 2,165,293,000
Gross Profit 2,684,879,000 2,313,686,000 2,072,981,000 2,002,683,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 279,345,000 226,023,000 244,150,000 243,128,000
Operating Expenses 855,791,000 751,927,000 739,097,000 738,486,000
Operating Income 1,829,088,000 1,561,759,000 1,333,884,000 1,264,197,000
Interest Expense 695,000 45,184,000 45,299,000 44,946,000
Income Before Tax 1,859,162,000 1,536,724,000 1,348,146,000 1,294,278,000
Income Tax Expense 290,502,000 206,057,000 157,128,000 177,834,000
Net Income 1,568,660,000 1,330,667,000 1,191,018,000 1,116,444,000
Per Share
EPS 1.24 1.04 0.93 0.86
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2025-06-29 2024-06-30 2023-06-30 2023-06-25
Revenue 18,435,591,000 18,435,591,000 14,905,386,000 17,428,516,000 17,428,516,000
Cost of Revenue 9,456,532,000 9,456,532,000 7,852,595,000 9,651,591,000 9,651,591,000
Gross Profit 8,979,059,000 8,979,059,000 7,052,791,000 7,776,925,000 7,776,925,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 981,704,000 981,704,000 868,247,000 832,753,000 832,753,000
Operating Expenses 3,078,091,000 3,078,091,000 2,788,878,000 2,559,915,000 2,559,915,000
Operating Income 5,900,968,000 5,900,968,000 4,263,913,000 5,174,860,000 5,174,860,000
Interest Expense 178,203,000 178,203,000 185,236,000 0 186,462,000
Income Before Tax 5,958,129,000 5,958,129,000 4,360,222,000 5,109,210,000 5,109,210,000
Income Tax Expense 599,912,000 599,912,000 532,450,000 598,279,000 598,279,000
Net Income 5,358,217,000 5,358,217,000 3,827,772,000 4,510,931,000 4,510,931,000
Per Share
EPS 4.17 4.17 2.91 42.13 3.33
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2025-06-29 2024-06-30 2023-06-30
Assets
Cash and Cash Equivalents 6,390,659,000 6,390,659,000 5,847,856,000 5,337,056,000
Short Term Investments 0 0 0 37,641,000
Net Receivables 3,378,071,000 3,378,071,000 2,519,250,000 2,823,376,000
Inventory 4,307,991,000 4,307,991,000 4,217,924,000 4,816,190,000
Total Current Assets 14,516,995,000 14,516,995,000 12,883,220,000 13,228,412,000
Property Plant Equipment 2,428,744,000 2,428,744,000 2,154,518,000 1,856,672,000
Goodwill and Intangibles 1,808,685,000 1,808,685,000 1,765,073,000 0
Total Assets 21,345,260,000 21,345,260,000 18,744,728,000 18,781,643,000
Liabilities
Account Payables 854,208,000 854,208,000 613,966,000 0
Short Term Debt 758,952,000 833,018,000 504,814,000 8,358,000
Total Current Liabilities 6,568,425,000 6,568,425,000 4,338,438,000 4,184,918,000
Long Term Debt 3,740,694,000 3,923,537,000 4,478,520,000 5,003,183,000
Total Liabilities 11,483,641,000 11,483,641,000 10,205,274,000 10,571,471,000
Shareholders Equity
Retained Earnings 28,988,914,000 28,988,914,000 24,811,315,000 0
Total Shareholders Equity 9,861,619,000 9,861,619,000 8,539,454,000 8,210,172,000
Balance Sheet (Annual) 2025-06-30 2025-06-29 2024-06-30 2023-06-30 2023-06-25
Assets
Cash and Cash Equivalents 6,390,659,000 6,390,659,000 5,847,856,000 5,337,056,000 5,337,056,000
Short Term Investments 0 0 0 37,641,000 37,641,000
Net Receivables 3,378,071,000 3,378,071,000 2,519,250,000 2,823,376,000 2,823,376,000
Inventory 4,307,991,000 4,307,991,000 4,217,924,000 4,816,190,000 4,816,190,000
Total Current Assets 14,516,995,000 14,516,995,000 12,883,220,000 13,228,412,000 13,228,412,000
Property Plant Equipment 2,428,744,000 2,428,744,000 2,154,518,000 1,856,672,000 1,856,672,000
Goodwill and Intangibles 1,808,685,000 1,808,685,000 1,765,073,000 0 1,790,943,000
Total Assets 21,345,260,000 21,345,260,000 18,744,728,000 18,781,643,000 18,781,643,000
Liabilities
Account Payables 854,208,000 854,208,000 613,966,000 0 1,011,208,000
Short Term Debt 758,952,000 833,018,000 504,814,000 8,358,000 8,358,000
Total Current Liabilities 6,568,425,000 6,568,425,000 4,338,438,000 4,184,918,000 4,184,918,000
Long Term Debt 3,740,694,000 3,923,537,000 4,478,520,000 5,003,183,000 5,003,183,000
Total Liabilities 11,483,641,000 11,483,641,000 10,205,274,000 10,571,471,000 10,571,471,000
Shareholders Equity
Retained Earnings 28,988,914,000 28,988,914,000 24,811,315,000 0 22,032,096,000
Total Shareholders Equity 9,861,619,000 9,861,619,000 8,539,454,000 8,210,172,000 8,210,172,000
Cash Flow Statement (Quarterly) 2025-06-30 2025-06-29 2024-06-30 2023-06-30
Operating Activities
Net Income 5,358,217,000 5,358,217,000 3,827,772,000 4,510,931,000
Depreciation & Amortization 386,277,000 386,277,000 359,699,000 342,432,000
Stock Based Compensation 343,371,000 343,371,000 293,058,000 286,600,000
Change in Working Capital 441,801,000 441,801,000 360,478,000 158,738,000
Operating Cash Flow 6,173,264,000 6,173,264,000 4,652,269,000 5,178,938,000
Investing Activities
Capital Expenditure -759,186,000 -759,186,000 -396,670,000 -501,568,000
Investments -759,186,000 -759,186,000 -396,670,000 -501,568,000
Investing Cash Flow -708,092,000 -708,092,000 -370,614,000 -534,562,000
Financing Activities
Debt Repayment -507,488,000 -507,488,000 -256,104,000 -23,206,000
Common Stock Issued/Repurchased -3,279,756,000 -3,279,756,000 -2,827,254,000 -2,005,901,000
Dividends Paid -1,149,542,000 -1,149,542,000 -1,018,915,000 -907,907,000
Financing Cash Flow -4,936,643,000 -4,936,643,000 -3,995,850,000 -2,830,667,000
Summary
Free Cash Flow 5,414,078,000 5,414,078,000 4,255,599,000 4,677,370,000
Net Change in Cash 556,853,000 556,853,000 263,431,000 1,813,837,000
Cash Flow Statement (Annual) 2025-06-30 2025-06-29 2024-06-30 2023-06-30 2023-06-25
Operating Activities
Net Income 5,358,217,000 5,358,217,000 3,827,772,000 4,510,931,000 4,510,931,000
Depreciation & Amortization 386,277,000 386,277,000 359,699,000 342,432,000 342,432,000
Stock Based Compensation 343,371,000 343,371,000 293,058,000 286,600,000 286,600,000
Change in Working Capital 441,801,000 441,801,000 360,478,000 158,738,000 158,738,000
Operating Cash Flow 6,173,264,000 6,173,264,000 4,652,269,000 5,178,938,000 5,178,938,000
Investing Activities
Capital Expenditure -759,186,000 -759,186,000 -396,670,000 -501,568,000 -501,568,000
Investments -759,186,000 -759,186,000 -396,670,000 -501,568,000 -501,568,000
Investing Cash Flow -708,092,000 -708,092,000 -370,614,000 -534,562,000 -534,562,000
Financing Activities
Debt Repayment -507,488,000 -507,488,000 -256,104,000 -23,206,000 -23,206,000
Common Stock Issued/Repurchased -3,279,756,000 -3,279,756,000 -2,827,254,000 -2,005,901,000 -2,005,901,000
Dividends Paid -1,149,542,000 -1,149,542,000 -1,018,915,000 -907,907,000 -907,907,000
Financing Cash Flow -4,936,643,000 -4,936,643,000 -3,995,850,000 -2,830,667,000 -2,830,667,000
Summary
Free Cash Flow 5,414,078,000 5,414,078,000 4,255,599,000 4,677,370,000 4,677,370,000
Net Change in Cash 556,853,000 556,853,000 263,431,000 1,813,837,000 1,813,837,000