Revenue
8.22 billion USD
2026-09-27 · USD
Exact inputs and evidence
- Revenue: 8219418000 USD Source
Fundies. English
LAM RESEARCH CORPORATION
EDGARAnnual consolidated revenue for 2026: about USD 23.23B, using the latest reported figures. The previous period, 2025, was about USD 18.44B.
Latest quarter
- Cash and cash equivalents
- 7.44 billion USD Source
Exact value
7437384000 USD
- Long-term debt including current maturities
- 3.72 billion USD Source
Exact value
3722061000 USD
- Shares outstanding
- 1.25 billion shares Source
Exact value
1249145000 shares
Reported share-count change
-0.80% · -10 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
26.1 billion USD
2025-09-29 – 2026-09-27
Exact inputs and evidence
Net income
8.45 billion USD
2025-09-29 – 2026-09-27
Exact inputs and evidence
Operating cash flow
7.58 billion USD
2025-09-29 – 2026-09-27
Exact inputs and evidence
- Operating cash flow: 3259009000 USD · 2025-06-30 – 2025-12-28 Source
- Operating cash flow: 1778964000 USD · 2025-06-30 – 2025-09-28 Source
- Operating cash flow: 4400429000 USD · 2025-06-30 – 2026-03-29 Source
- Operating cash flow: 3259009000 USD · 2025-06-30 – 2025-12-28 Source
- Operating cash flow: 5857657000 USD · 2025-06-30 – 2026-06-28 Source
- Operating cash flow: 4400429000 USD · 2025-06-30 – 2026-03-29 Source
- Operating cash flow: 3497652000 USD · 2026-06-29 – 2026-09-27 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-22.
Financial data available through: 2026-06-28.
Coverage by financial measure
- Revenue: 10 of 11 periods available· newest 2026-06-28
- Operating income: 10 of 11 periods available· newest 2026-06-28
- Net income: 10 of 11 periods available· newest 2026-06-28
- Operating cash flow: 10 of 11 periods available· newest 2026-06-28
- capital expenditure: No compatible figures in this window
- Total assets: 10 of 11 periods available· newest 2026-06-28
- Total liabilities: 10 of 11 periods available· newest 2026-06-28
- Current assets: 10 of 11 periods available· newest 2026-06-28
- Current liabilities: 10 of 11 periods available· newest 2026-06-28
- Cash and cash equivalents: 10 of 11 periods available· newest 2026-06-28
- Long-term debt including current maturities: 10 of 11 periods available· newest 2026-06-28
- Shares outstanding: 10 of 11 periods available· newest 2026-06-28
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+26%Prior period
USD 18.44 billion
–
Current period
USD 23.23 billion
–
Exact inputs and evidence
23232690000 − 18435591000 = 4797099000 USD
18435591000 USD · 2024-07-01 – 2025-06-29
Inspect prior input Prior source23232690000 USD · 2025-06-30 – 2026-06-28
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
+35.6%Prior period
USD 5.36 billion
–
Current period
USD 7.27 billion
–
Exact inputs and evidence
7265396000 − 5358217000 = 1907179000 USD
5358217000 USD · 2024-07-01 – 2025-06-29
Inspect prior input Prior source7265396000 USD · 2025-06-30 – 2026-06-28
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-5.1%Prior period
USD 6.17 billion
–
Current period
USD 5.86 billion
–
Exact inputs and evidence
5857657000 − 6173264000 = -315607000 USD
6173264000 USD · 2024-07-01 – 2025-06-29
Inspect prior input Prior source5857657000 USD · 2025-06-30 – 2026-06-28
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2026 2025-06-30 – 2026-06-28
- Revenue USD 23.23 billion 100% of revenue
- Cost of revenue USD 11.51 billion 50% of revenue
- Operating expenses USD 3.53 billion 15% of revenue
- Operating income USD 8.2 billion 35% of revenue
- Tax, interest and other Derived USD 934.4 million 4% of revenue
- Net income USD 7.27 billion 31% of revenue
Cash
- Operating cash flow USD 5.86 billion 25% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2017 21%76%
- 2018 21%71%
- 2019 23%74%
- 2020 22%73%
- 2021 27%69%
- 2022 27%69%
- 2023 26%70%
- 2024 26%71%
- 2025 29%68%
- 2026 31%65%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2017 2016-06-27 – 2017-06-25 | 8013620000 | 6111488000 Derived | 1902132000 | 204369000 Derived | 1697763000 | Unavailable | Source
|
| 2018 2017-06-26 – 2018-06-24 | 11076998000 | 7863699000 Derived | 3213299000 | 832618000 Derived | 2380681000 | Unavailable | Source
|
| 2019 2018-06-25 – 2019-06-30 | 9653559000 | 7188827000 Derived | 2464732000 | 273302000 Derived | 2191430000 | Unavailable | Source
|
| 2020 2019-07-01 – 2020-06-28 | 10044736000 | 7370934000 Derived | 2673802000 | 422049000 Derived | 2251753000 | Unavailable | Source
|
| 2021 2020-06-29 – 2021-06-27 | 14626150000 | 10144127000 Derived | 4482023000 | 573565000 Derived | 3908458000 | Unavailable | Source
|
| 2022 2021-06-28 – 2022-06-26 | 17227039000 | 11845217000 Derived | 5381822000 | 776536000 Derived | 4605286000 | Unavailable | Source
|
| 2023 2022-06-27 – 2023-06-25 | 17428516000 | 12253656000 Derived | 5174860000 | 663929000 Derived | 4510931000 | Unavailable | Source
|
| 2024 2023-06-26 – 2024-06-30 | 14905386000 | 10641473000 Derived | 4263913000 | 436141000 Derived | 3827772000 | Unavailable | Source
|
| 2025 2024-07-01 – 2025-06-29 | 18435591000 | 12534623000 Derived | 5900968000 | 542751000 Derived | 5358217000 | Unavailable | Source
|
| 2026 2025-06-30 – 2026-06-28 | 23232690000 | 15032895000 Derived | 8199795000 | 934399000 Derived | 7265396000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 23.2B 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Revenue | 8013620000 |
|
| 2018 | Revenue | 11076998000 |
|
| 2019 | Revenue | 9653559000 |
|
| 2020 | Revenue | 10044736000 |
|
| 2021 | Revenue | 14626150000 |
|
| 2022 | Revenue | 17227039000 |
|
| 2023 | Revenue | 17428516000 |
|
| 2024 | Revenue | 14905386000 |
|
| 2025 | Revenue | 18435591000 |
|
| 2026 | Revenue | 23232690000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
26% 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Year over year | No prior comparable period |
|
| 2018 | Year over year | 38.2% |
|
| 2019 | Year over year | -12.9% |
|
| 2020 | Year over year | 4.1% |
|
| 2021 | Year over year | 45.6% |
|
| 2022 | Year over year | 17.8% |
|
| 2023 | Year over year | 1.2% |
|
| 2024 | Year over year | -14.5% |
|
| 2025 | Year over year | 23.7% |
|
| 2026 | Year over year | 26% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 35.3% 2026
Net margin 31.3% 2026
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Operating margin | 23.7% |
|
| 2018 | Operating margin | 29% |
|
| 2019 | Operating margin | 25.5% |
|
| 2020 | Operating margin | 26.6% |
|
| 2021 | Operating margin | 30.6% |
|
| 2022 | Operating margin | 31.2% |
|
| 2023 | Operating margin | 29.7% |
|
| 2024 | Operating margin | 28.6% |
|
| 2025 | Operating margin | 32% |
|
| 2026 | Operating margin | 35.3% |
|
| 2017 | Net margin | 21.2% |
|
| 2018 | Net margin | 21.5% |
|
| 2019 | Net margin | 22.7% |
|
| 2020 | Net margin | 22.4% |
|
| 2021 | Net margin | 26.7% |
|
| 2022 | Net margin | 26.7% |
|
| 2023 | Net margin | 25.9% |
|
| 2024 | Net margin | 25.7% |
|
| 2025 | Net margin | 29.1% |
|
| 2026 | Net margin | 31.3% |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
| 2026 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 5.9B 2026
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Operating cash flow | 2029282000 |
|
| 2018 | Operating cash flow | 2655747000 |
|
| 2019 | Operating cash flow | 3176013000 |
|
| 2020 | Operating cash flow | 2126451000 |
|
| 2021 | Operating cash flow | 3588163000 |
|
| 2022 | Operating cash flow | 3099674000 |
|
| 2023 | Operating cash flow | 5178938000 |
|
| 2024 | Operating cash flow | 4652269000 |
|
| 2025 | Operating cash flow | 6173264000 |
|
| 2026 | Operating cash flow | 5857657000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
| 2026 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
47% 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Liabilities / assets | 42.4% |
|
| 2018 | Liabilities / assets | 47.3% |
|
| 2019 | Liabilities / assets | 60.6% |
|
| 2020 | Liabilities / assets | 64.4% |
|
| 2021 | Liabilities / assets | 62.1% |
|
| 2022 | Liabilities / assets | 63.5% |
|
| 2023 | Liabilities / assets | 56.3% |
|
| 2024 | Liabilities / assets | 54.4% |
|
| 2025 | Liabilities / assets | 53.8% |
|
| 2026 | Liabilities / assets | 47% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
2.63× 2026
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Current assets / current liabilities | 3.1× |
|
| 2018 | Current assets / current liabilities | 2.9× |
|
| 2019 | Current assets / current liabilities | 3.61× |
|
| 2020 | Current assets / current liabilities | 3.43× |
|
| 2021 | Current assets / current liabilities | 3.3× |
|
| 2022 | Current assets / current liabilities | 2.69× |
|
| 2023 | Current assets / current liabilities | 3.16× |
|
| 2024 | Current assets / current liabilities | 2.97× |
|
| 2025 | Current assets / current liabilities | 2.21× |
|
| 2026 | Current assets / current liabilities | 2.63× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2017 2016-06-27 – 2017-06-25 | USD 1.7 billion Exact valueExact value: 1697763000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.03 billion Exact valueExact value: 2029282000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2017-06-26 – 2018-06-24 | USD 2.38 billion Exact valueExact value: 2380681000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.66 billion Exact valueExact value: 2655747000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2018-06-25 – 2019-06-30 | USD 2.19 billion Exact valueExact value: 2191430000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.18 billion Exact valueExact value: 3176013000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2019-07-01 – 2020-06-28 | USD 2.25 billion Exact valueExact value: 2251753000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.13 billion Exact valueExact value: 2126451000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2020-06-29 – 2021-06-27 | USD 3.91 billion Exact valueExact value: 3908458000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.59 billion Exact valueExact value: 3588163000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2021-06-28 – 2022-06-26 | USD 4.61 billion Exact valueExact value: 4605286000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 3.1 billion Exact valueExact value: 3099674000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2022-06-27 – 2023-06-25 | USD 4.51 billion Exact valueExact value: 4510931000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.18 billion Exact valueExact value: 5178938000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2023-06-26 – 2024-06-30 | USD 3.83 billion Exact valueExact value: 3827772000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 4.65 billion Exact valueExact value: 4652269000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2024-07-01 – 2025-06-29 | USD 5.36 billion Exact valueExact value: 5358217000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 6.17 billion Exact valueExact value: 6173264000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2026 2025-06-30 – 2026-06-28 | USD 7.27 billion Exact valueExact value: 7265396000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 5.86 billion Exact valueExact value: 5857657000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
214 filings · 6,101 latest values · 6,101 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000707549, 707549, LRCX, edgar:707549, lrcx
Also known as LAM RESEARCH CORP, LAM RESEARCH CORPORATION