Lam Research (LRCX) financial statements
- FY2026 revenue
- $23.2B▲ +26.0%
- FY2026 net income
- $7.3B▲ +35.6%
- FY2026 diluted EPS
- $5.76▲ +38.8%
- FY2026 free cash flow
- $4.9B▼ −9.7%
Lam Research income statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 28 Jun 2026 | 29 Jun 2025 | 30 Jun 2024 |
| Revenue | 23,233 | 18,436 | 14,905 |
| Gross profit | 11,725 | 8,979 | 7,053 |
| Operating income | 8,200 | 5,901 | 4,264 |
| Pretax income | 8,262 | 5,958 | 4,360 |
| Net income | 7,265 | 5,358 | 3,828 |
| Diluted earnings per share | 5.76 | 4.15 | 2.90 |
Lam Research balance sheet
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 28 Jun 2026 | 29 Jun 2025 | 30 Jun 2024 |
| Cash and cash equivalents | 5,579 | 6,408 | 5,848 |
| Total assets | 23,530 | 21,345 | 18,745 |
| Total liabilities | 11,059 | 11,484 | 10,205 |
| Total equity | 12,471 | 9,862 | 8,539 |
| Long-term debt | 3,730 | 3,720 | 4,466 |
Lam Research cash flow statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 28 Jun 2026 | 29 Jun 2025 | 30 Jun 2024 |
| Operating cash flow | 5,858 | 6,173 | 4,652 |
| Capital expenditure | -966 | -759 | -397 |
| Free cash flow (derived) | 4,891 | 5,414 | 4,256 |
| Dividends paid | -1,271 | -1,150 | -1,019 |
| Share repurchases | -3,851 | -3,422 | -2,843 |
Quarterly highlights
| USD millions | Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 |
|---|---|---|---|---|
| Period ended | 27 Sep 2026 | 28 Jun 2026 | 29 Mar 2026 | 28 Dec 2025 |
| Revenue (derived) | 8,219 | 6,722 | 5,841 | 5,345 |
| Operating income (derived) | 3,284 | 2,513 | 2,047 | 1,810 |
| Net income (derived) | 2,753 | 2,277 | 1,825 | 1,594 |
| Diluted earnings per share | 2.19 | n/a | 1.45 | 1.26 |
| Operating cash flow (derived) | 3,498 | 1,457 | 1,141 | 1,480 |
| Total assets | 26,353 | 23,530 | 20,792 | 21,391 |
Lam Research major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 93,575,293 | 30 April 2026 |
Lam Research 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 22 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 21 October 2026 | 8-K | Current report | Current report |
| 27 August 2026 | 8-K | Current report | Current report |
| 7 August 2026 | 10-K | Annual report | Annual report |
| 29 July 2026 | 8-K | Current report | Current report |
| 23 April 2026 | 10-Q | Quarterly report | Quarterly report |
| 22 April 2026 | 8-K | Current report | Current report |
| 3 February 2026 | 8-K | Current report | Current report |
Common questions
What was Lam Research's revenue in fiscal 2026?
Lam Research reported $23.2 billion in revenue for fiscal 2026, the year ended 28 June 2026, up 26.0% from fiscal 2025.
What was Lam Research's net income in fiscal 2026?
Lam Research reported net income of $7.3 billion for fiscal 2026, the year ended 28 June 2026, up 35.6% from fiscal 2025. Diluted earnings per share were $5.76.
What was Lam Research's free cash flow in fiscal 2026?
Lam Research had $4.9 billion in free cash flow in fiscal 2026. Operating cash flow was $5.9 billion and capital expenditure was $966 million.
What were Lam Research's total assets at the end of fiscal 2026?
Lam Research reported total assets of $23.5 billion at the end of fiscal 2026, the year ended 28 June 2026.
How much Lam Research history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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