LRCX
$263.45-3.21%
as of close, Oct 20, 2026
☾ AH $263.45 -3.21%
LRCX financial statements
The full income statement, balance sheet, and cash-flow statement for Lam Research Corporation (LRCX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.30B2024-09 1.29B2024-12 1.28B2025-03 1.28B2025-06 1.27B2025-09 1.26B2025-12 1.25B2026-03 1.25B2026-06 1.25B-3.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJun 28 ’26 | as ofJun 29 ’25 | as ofJun 30 ’24 | as ofJun 25 ’23 | as ofJun 26 ’22 | |
| Revenue | 23.2B+26.0% | 18.4B+23.7% | 14.9B-14.5% | 17.4B+1.2% | 17.2B+17.8% | |
| 11.7B+30.6% | 8.98B+27.3% | 7.05B-9.3% | 7.78B-1.2% | 7.87B+15.7% | ||
| Cost of revenue | 11.5B+21.7% | 9.46B+20.4% | 7.85B-18.6% | 9.65B+3.2% | 9.36B+19.6% | |
| 3.53B+14.5% | 3.08B+10.4% | 2.79B+7.2% | 2.60B+4.5% | 2.49B+7.2% | ||
| Research & development | 2.38B+13.3% | 2.10B+10.2% | 1.90B+10.1% | 1.73B+7.7% | 1.60B+7.4% | |
| Selling, general & administrative | 1.15B+17.1% | 982M+13.1% | 868M+4.3% | 833M-6.0% | 886M+6.7% | |
| Restructuring | — | — | 61.6M-48.8% | 120M | — | |
| Amortization of intangibles | — | — | 56.3M+9.3% | 51.5M-34.0% | 78.0M+10.5% | |
| Operating income | 8.20B+39.0% | 5.90B+38.4% | 4.26B-17.6% | 5.17B-3.8% | 5.38B+20.1% | |
| Interest expense | 157M-12.0% | 178M-3.8% | 185M-0.7% | 186M+0.9% | 185M-11.4% | |
| Interest & investment income | 196M-15.2% | 231M-8.2% | 252M+81.3% | 139M+813.8% | 15.2M-22.7% | |
| Other non-operating income | 62.7M+9.7% | 57.2M-40.6% | 96.3M+246.7% | -65.7M+65.2% | -189M-69.7% | |
| Pre-tax income | 8.26B+38.7% | 5.96B+36.6% | 4.36B-14.7% | 5.11B-1.6% | 5.19B+18.8% | |
| Income tax | 997M+66.2% | 600M+12.7% | 532M-11.0% | 598M+1.8% | 588M+27.1% | |
| Net income | 7.27B+35.6% | 5.36B+40.0% | 3.83B-15.1% | 4.51B-2.0% | 4.61B+17.8% | |
| $5.76+38.8% | $4.15+43.1% | $2.90-12.7% | $3.32+1.4% | $3.27+21.7% | ||
| EPS (basic) | $5.79+38.8% | $4.17+43.3% | $2.91-12.6% | $3.33+1.2% | $3.29+20.9% | |
| Weighted-avg shares (basic) | 1.26B-2.4% | 1.29B-2.1% | 1.31B-3.0% | 1.35B-3.2% | 1.40B-2.6% | |
| Weighted-avg shares (diluted) | 1.26B-2.3% | 1.29B-2.3% | 1.32B-2.8% | 1.36B-3.4% | 1.41B-3.2% | |
| Dividends per share | $1.04+13.0% | $0.92+15.0% | $0.80+15.9% | $0.69+15.0% | $0.60+15.4% | |
| Balance Sheet | as ofJun 28 ’26 | as ofJun 29 ’25 | as ofJun 30 ’24 | as ofJun 25 ’23 | as ofJun 26 ’22 | |
| 15.6B+7.5% | 14.5B+12.7% | 12.9B-2.6% | 13.2B+7.7% | 12.3B+5.4% | ||
| Cash & equivalents | 5.58B-12.7% | 6.39B+9.3% | 5.85B+9.6% | 5.34B+51.5% | 3.52B-20.3% | |
| Accounts receivable | 5.34B+58.1% | 3.38B+34.1% | 2.52B-10.8% | 2.82B-34.6% | 4.31B+42.5% | |
| Inventory | 4.28B-0.7% | 4.31B+2.1% | 4.22B-12.4% | 4.82B+21.4% | 3.97B+47.5% | |
| Prepaid expenses | 416M-5.6% | 440M+47.6% | 298M+18.4% | 252M-27.5% | 347M+67.4% | |
| 23.5B+10.2% | 21.3B+13.9% | 18.7B-0.2% | 18.8B+9.2% | 17.2B+8.2% | ||
| Property, plant & equipment | 2.94B+22.1% | 2.41B+12.9% | 2.13B+18.1% | 1.80B+12.3% | 1.61B+27.5% | |
| Operating lease right-of-use | 397M+38.5% | 287M-6.9% | 308M+27.1% | 243M+7.1% | 227M+30.4% | |
| Goodwill | 1.63B+0.0% | 1.63B+1.9% | 1.60B-1.4% | 1.62B+7.1% | 1.52B+1.7% | |
| Intangible assets | 269M+47.8% | 182M+31.6% | 139M-17.8% | 168M+65.4% | 102M-23.1% | |
| Other non-current assets | 3.07B+18.4% | 2.59B+33.4% | 1.94B+1.9% | 1.91B+36.7% | 1.39B+31.4% | |
| 5.94B-9.6% | 6.57B+51.4% | 4.34B+3.7% | 4.18B-8.3% | 4.56B+29.4% | ||
| Accounts payable | 1.30B+52.5% | 854M+39.1% | 614M+30.4% | 471M-53.5% | 1.01B+21.9% | |
| Accrued liabilities | 2.35B-1.8% | 2.39B+32.9% | 1.80B-10.4% | 2.01B+1.8% | 1.97B+14.8% | |
| Deferred revenue | 2.28B-11.2% | 2.57B+81.0% | 1.42B-16.4% | 1.70B+7.8% | 1.57B+62.5% | |
| Short-term & current debt | — | 750M+49.5% | 501M+118977.4% | 421K | 0.00 | |
| Current lease liability | 90.4M+14.9% | 78.7M+22.1% | 64.4M-0.4% | 64.7M+19.5% | 54.1M+19.4% | |
| Finance lease liability (current) | — | — | 3.50M-55.9% | 7.94M+7.5% | 7.38M-35.0% | |
| 11.1B-3.7% | 11.5B+12.5% | 10.2B-3.5% | 10.6B-3.2% | 10.9B+10.7% | ||
| Long-term debt | 3.72B+0.1% | 3.72B-16.7% | 4.47B-10.0% | 4.96B+0.1% | 4.96B+0.0% | |
| Non-current lease liability | 297M+53.4% | 193M-13.4% | 223M+29.1% | 173M+5.0% | 165M+39.0% | |
| Operating lease liability (total) | 387M+42.3% | 272M-5.4% | 288M+21.1% | 238M+8.6% | 219M+33.6% | |
| Finance lease liability (total) | — | — | 16.0M-65.4% | 46.2M+6.5% | 43.4M+6.4% | |
| Finance lease liability | — | — | 12.5M-67.4% | 38.2M+6.2% | 36.0M+22.4% | |
| Other non-current liabilities | 710M+22.1% | 582M+1.1% | 575M+14.7% | 501M+18.5% | 423M+6.1% | |
| 12.5B+26.5% | 9.86B+15.5% | 8.54B+4.0% | 8.21B+30.8% | 6.28B+4.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.25M-1.3% | 1.27M-2.8% | 1.30M+880.5% | 133K-2.9% | 137K-4.2% | |
| Additional paid-in capital | 9.24B+6.3% | 8.70B+5.8% | 8.22B+5.3% | 7.81B+5.3% | 7.41B+5.1% | |
| Retained earnings | 35.0B+20.6% | 29.0B+16.8% | 24.8B+12.6% | 22.0B+19.4% | 18.5B+25.7% | |
| Treasury stock | 31.6B+13.8% | 27.8B+13.9% | 24.4B+13.2% | 21.5B+10.5% | 19.5B+24.5% | |
| Accumulated other comprehensive income | -127M-103.6% | -62.4M+52.1% | -130M-29.5% | -101M+8.4% | -110M-71.5% | |
| Total liabilities & equity | 23.5B+10.2% | 21.3B+13.9% | 18.7B-0.2% | 18.8B+9.2% | 17.2B+8.2% | |
| Common shares issued | 1.25B-1.4% | 1.27B-2.7% | 1.30B-2.2% | 1.33B-2.7% | 1.37B-3.9% | |
| Common shares outstanding | 1.25B-1.4% | 1.27B-2.7% | 1.30B-2.2% | 1.33B-2.7% | 1.37B-3.9% | |
| Shares outstanding (cover) | 1.25B-1.1% | 1.27B-2.6% | 1.30B-2.0% | 1.33B-3.3% | 1.37B-3.5% | |
| Cash Flow | as ofJun 28 ’26 | as ofJun 29 ’25 | as ofJun 30 ’24 | as ofJun 25 ’23 | as ofJun 26 ’22 | |
| 5.86B-5.1% | 6.17B+32.7% | 4.65B-10.2% | 5.18B+67.1% | 3.10B-13.6% | ||
| Depreciation & amortization | 442M+14.3% | 386M+7.4% | 360M+5.0% | 342M+2.6% | 334M+8.7% | |
| Intangible amortization | — | — | 56.3M+9.3% | 51.5M-34.0% | 78.0M+10.5% | |
| Share-based compensation | 386M+12.5% | 343M+17.2% | 293M+2.3% | 287M+10.6% | 259M+17.7% | |
| Deferred income taxes | -289M+20.4% | -363M-82.6% | -199M-15.6% | -172M+33.2% | -257M-70.0% | |
| Change in receivables | 1.96B+128.5% | 859M+383.0% | -303M+79.1% | -1.45B-212.8% | 1.29B+38.6% | |
| Change in inventory | 93.9M-48.1% | 181M+134.2% | -529M-155.0% | 962M-28.8% | 1.35B+70.5% | |
| -922M-30.2% | -708M-91.1% | -371M+30.7% | -535M-187.3% | 612M+735.6% | ||
| Capital expenditure | 966M+27.3% | 759M+91.4% | 397M-20.9% | 502M-8.1% | 546M+56.4% | |
| Free cash flow | 4.89B-9.7% | 5.41B+27.2% | 4.26B-9.0% | 4.68B+83.2% | 2.55B-21.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 120M | 0.00 | |
| Sales/maturities of investments | 0.00 | 0.00-100.0% | 34.3M-62.4% | 91.3M-52.0% | 190M-92.0% | |
| Other investing activities | -44.3M+13.4% | -51.1M-536.3% | 11.7M+4.8% | 11.2M+47.5% | 7.58M-82.0% | |
| -5.72B-15.8% | -4.94B-23.5% | -4.00B-41.2% | -2.83B+38.2% | -4.58B-9.9% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 17.4M+611.5% | 2.45M-84.2% | 15.6M+40.0% | 11.1M+95.5% | 5.68M-76.4% | |
| Common stock repurchased | 3.85B+12.5% | 3.42B+20.4% | 2.84B+40.9% | 2.02B-47.8% | 3.87B+43.3% | |
| Dividends paid | 1.27B+10.5% | 1.15B+12.8% | 1.02B+12.2% | 908M+11.4% | 815M+12.1% | |
| Other financing activities | -13.8M-9745.5% | 143K+101.1% | -13.5M-281.3% | -3.55M-7993.3% | 45.0K+102.1% | |
| FX effect on cash | -27.4M-196.8% | 28.3M+226.6% | -22.4M-17579.7% | 128K+100.4% | -30.2M-518.9% | |
| Net change in cash | -810M-245.4% | 557M+111.4% | 263M-85.5% | 1.81B+302.2% | -897M-80.0% | |
| Interest paid | 150M-12.9% | 172M-0.4% | 173M-0.9% | 175M-0.4% | 176M-13.9% | |
| Income taxes paid | 1.33B+37.2% | 973M-1.9% | 992M+22.5% | 810M+0.3% | 808M+55.8% | |
| Valuation Ratios | as ofJun 28 ’26 | as ofJun 29 ’25 | as ofJun 30 ’24 | as ofJun 25 ’23 | as ofJun 26 ’22 | |
| Market cap | 474B+281.3% | 124B-10.7% | 139B+70.2% | 81.8B+31.0% | 62.4B-30.5% | |
| P/E | 70.7×+164.8% | 26.7×-30.8% | 38.6×+131.9% | 16.6×+20.9% | 13.8×-47.1% | |
| P/S | 21.9×+201.4% | 7.3×-25.8% | 9.8×+125.4% | 4.3×+16.2% | 3.7×-44.9% | |
| P/B | 44.8×+242.6% | 13.1×-24.7% | 17.4×+78.4% | 9.7×-6.1% | 10.4×-38.1% | |
| P/FCF | 78.9×+140.9% | 32.8×+6.8% | 30.7×+48.2% | 20.7×+18.2% | 17.5×-48.0% | |
| Earnings yield | 1.4%-62.2% | 3.7%+44.5% | 2.6%-56.9% | 6.0%-17.3% | 7.3%+88.9% | |
| FCF yield | 1.3%-58.5% | 3.1%-6.4% | 3.3%-32.5% | 4.8%-15.4% | 5.7%+92.3% | |
| Dividend yield | 0.27%-71.0% | 0.95%+26.0% | 0.75%-33.7% | 1.1%-15.0% | 1.3%+61.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LRCX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LRCX filings on SEC EDGAR → Not investment advice.