Lam Research Corporation (LRCX) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	23.2B	23.2B	18.4B	14.9B	17.4B
Cost of Revenue	11.5B	11.5B	9.5B	7.9B	9.7B
Gross Profit	11.7B	11.7B	9.0B	7.1B	7.8B
Operating Expenses
R&D Expense	2.4B	2.4B	2.1B	1.9B	1.7B
SG&A Expense	1.1B	1.1B	981.7M	868.2M	832.8M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	18.2M	42.1M
Total Operating Expenses	3.5B	3.5B	3.1B	2.8B	2.6B
Cost and Expenses	15.0B	15.0B	12.5B	10.6B	12.3B
Operating Income (EBIT)	8.2B	8.2B	5.9B	4.3B	5.2B
Non-Operating
Interest Income	170.5M	—	231.3M	251.9M	139.0M
Interest Expense	124.3M	—	178.2M	185.2M	186.5M
Net Interest Income	46.2M	—	53.1M	66.7M	(47.5M)
Other Non-Op Income/Expense	62.7M	62.7M	57.2M	96.3M	(65.7M)
Non-Operating Income (excl Interest)	(62.7M)	(62.7M)	(57.2M)	(281.5M)	(120.8M)
EBT (Pre-Tax Income)	8.3B	8.3B	6.0B	4.4B	5.1B
Income Tax Expense	997.1M	997.1M	599.9M	532.5M	598.3M
Bottom Line
Net Income	7.3B	7.3B	5.4B	3.8B	4.5B
Earnings from Cont. Ops	7.3B	7.3B	5.4B	3.8B	4.5B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	7.3B	7.3B	5.4B	3.8B	4.5B
Per Share
Basic EPS	$5.79	$5.79	$4.17	$2.91	$3.33
Diluted EPS	$5.76	$5.76	$4.15	$2.90	$3.32
Revenue Per Share	$18.51	$18.51	$14.33	$11.34	$12.86
Shares
Basic Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.4B
Diluted Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.4B
Profitability Metrics
EBITDA	8.7B	8.7B	6.3B	4.9B	5.6B
D&A	441.5M	441.5M	386.3M	359.7M	342.4M
EBIT	8.3B	8.3B	6.0B	4.5B	5.3B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026