LRCX · XBRL financial data

Lam Research financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LRCX's year ends in late June)

In millions of dollars	FY 2021Jun 27, 2021	FY 2022Jun 26, 2022	FY 2023Jun 25, 2023	FY 2024Jun 30, 2024	FY 2025Jun 29, 2025	FY 2026Jun 28, 2026
Revenue from contracts with customers	14,626	17,227	17,429	14,905	18,436	23,233
Cost of goods and services sold	7,821	9,355	9,652	7,853	9,457	11,507
Gross profit	6,805	7,872	7,777	7,053	8,979	11,725
Research and development	1,493	1,604	1,727	1,902	2,096	2,376
Selling, general and administrative	830	886	833	868	982	1,150
Total operating expenses	2,323	2,490	2,602	2,789	3,078	3,526
Operating income (loss)	4,482	5,382	5,175	4,264	5,901	8,200
Interest income	20	15	139	252	231	196
Interest expense	209	185	186	185	178	157
Other income (expense)	(111)	(189)	(66)	96	57	63
Income tax expense (benefit)	462	588	598	532	600	997
Net income (loss)	3,908	4,605	4,511	3,828	5,358	7,265
Earnings per share, basic‡ USD per share	2.72	3.29	3.33	2.91	4.17	5.79
Earnings per share, diluted‡ USD per share	2.69	3.28	3.32	2.90	4.15	5.76
Weighted average shares, basic‡ millions of shares	1,436	1,399	1,355	1,314	1,286	1,255
Weighted average shares, diluted‡ millions of shares	1,453	1,406	1,358	1,320	1,290	1,261

‡ Per-share figures and share counts are adjusted for the 10-for-1 stock split (October 2024); filings made before it reported them unadjusted.

Fiscal years (LRCX's year ends in late June)

In millions of dollars	FY 2021Jun 27, 2021	FY 2022Jun 26, 2022	FY 2023Jun 25, 2023	FY 2024Jun 30, 2024	FY 2025Jun 29, 2025	FY 2026Jun 28, 2026
Cash and cash equivalents	4,418	3,522	5,337	5,848	6,391	5,579
Accounts receivable	3,026	4,314	2,823	2,519	3,378	5,340
Inventory	2,689	3,966	4,816	4,218	4,308	4,276
Prepaid and other current assets	208	347	214	298	440	416
Total current assets	11,652	12,285	13,228	12,883	14,517	15,611
Property and equipment, net	1,259	1,605	1,803	2,130	2,406	2,936
Right-of-use asset	174	227	243	308	287	397
Goodwill	1,490	1,515	1,622	1,627	1,600	1,630
Total assets	15,892	17,196	18,782	18,745	21,345	23,530
Accounts payable	830	1,011	471	614	854	1,302
Accrued liabilities	1,719	1,974	2,011	1,802	2,394	2,352
Current portion of long-term debt	0	0	0	501	750	0
Total current liabilities	3,528	4,565	4,185	4,338	6,568	5,937
Long-term debt	4,961	4,962	4,965	4,466	3,720	3,722
Lease liability, non-current	118	165	173	223	193	297
Total liabilities	9,865	10,917	10,571	10,205	11,484	11,059
Retained earnings	14,685	18,455	22,032	24,811	28,989	34,950
Total stockholders' equity	6,027	6,278	8,210	8,539	9,862	12,471
Total liabilities and equity	15,892	17,196	18,782	18,745	21,345	23,530
Common shares outstanding (cover page)‡ millions of shares	1,420	1,370	1,325	1,299	1,266	1,251

‡ Per-share figures and share counts are adjusted for the 10-for-1 stock split (October 2024); filings made before it reported them unadjusted.

Fiscal years (LRCX's year ends in late June)

In millions of dollars	FY 2021Jun 27, 2021	FY 2022Jun 26, 2022	FY 2023Jun 25, 2023	FY 2024Jun 30, 2024	FY 2025Jun 29, 2025	FY 2026Jun 28, 2026
Net income (loss)	3,908	4,605	4,511	3,828	5,358	7,265
Stock-based compensation	220	259	287	293	343	386
Net cash from operating activities	3,588	3,100	5,179	4,652	6,173	5,858
Net cash from investing activities	73	612	(535)	(371)	(708)	(922)
Proceeds from issuing common stock	24	6	11	16	2	17
Share repurchases	2,698	3,866	2,017	2,843	3,422	3,851
Dividends paid	727	815	908	1,019	1,150	1,271
Proceeds from long-term debt	0	0	—	—	—	—
Net cash from financing activities	(4,167)	(4,579)	(2,831)	(3,996)	(4,937)	(5,718)
Net change in cash	(498)	(897)	1,814	263	557	(810)

SIC 3559 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3559 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3559) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Lam Research	7,437	8,219	3,498	1.2B	—	Q1 FY27 10-QSep 27, 2026
Axcelis Technologiesadded: same SIC	191	238	40*	30.9M	—	Q3 FY26 10-QSep 30, 2026
ACM Researchadded: same SIC	885	368	(70)*	not reported	13.2 quarters	Q3 FY26 10-QSep 30, 2026
Veeco Instrumentsadded: same SIC	205	209	58*	61.1M	—	Q3 FY26 10-QSep 30, 2026
Azentaadded: same SIC	190	161	1.4*	43.8M	—	Q3 FY26 10-QJun 30, 2026
Energy Recoveryadded: same SIC	42	11	(9.2)*	50.8M	—	Q3 FY26 10-QSep 30, 2026
Cricutadded: same SIC	175	189	24*	not reported	—	Q3 FY26 10-QSep 30, 2026
Velo3Dadded: same SIC	91	21	(22)*	32.1M	4.2 quarters	Q2 FY26 10-QJun 30, 2026
Amtech Systemsadded: same SIC	83	not reported	1.1*	17.5M	—	Q3 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 6, 2026, 10:04 PM ET. The filing on SEC.gov is the record.