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LRCX
Lam Research CorporationStock · Technology
$351.41−$39.85 (-10.18%)as of market close, Jul 2, 2026
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How Lam Research makes money

Fiscal year

How does Lam Research make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Lam Research Corporation · FY2025 · year ended 2025-06-29
Revenue$18.4BGross profit$9.0B · 49%Cost of revenue$9.5B · 51%Operating income$6.0B · 32%Operating expenses$3.1B · 17%R&D$2.1B · 11%SG&A$982M · 5%Net income$5.4B · 29%Income tax$600M · 3%System$11.5B · 62%Customer Supportand Other$6.9B · 38%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.