LAM RESEARCH CORP
Financial highlights
| Metric | FY 06/29/25 | FY 06/30/24 | FY 06/25/23 | FY 06/26/22 | FY 06/27/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $18.4B | $14.9B | $17.4B | $17.2B | $14.6B |
| Cost of revenue | $9.5B | $7.9B | $9.7B | $9.4B | $7.8B |
| Gross profit | $9.0B | $7.1B | $7.8B | $7.9B | $6.8B |
| Selling, general & administrative | $981.7M | $868.2M | $832.8M | $885.7M | $829.9M |
| Research and development | $2.1B | $1.9B | $1.7B | $1.6B | $1.5B |
| Operating expenses | $3.1B | $2.8B | $2.6B | $2.5B | $2.3B |
| Operating income | $5.9B | $4.3B | $5.2B | $5.4B | $4.5B |
| Interest expense | $178.2M | $185.2M | $186.5M | $184.8M | $208.6M |
| Pretax income | $6.0B | $4.4B | $5.1B | $5.2B | $4.4B |
| Income tax expense | $599.9M | $532.5M | $598.3M | $587.8M | $462.3M |
| Net income | $5.4B | $3.8B | $4.5B | $4.6B | $3.9B |
| Balance Sheet | |||||
| Cash and equivalents | $6.4B | $5.8B | $5.3B | $3.5B | $4.4B |
| Current assets | $14.5B | $12.9B | $13.2B | $12.3B | $11.7B |
| Total assets | $21.3B | $18.7B | $18.8B | $17.2B | $15.9B |
| Current liabilities | $6.6B | $4.3B | $4.2B | $4.6B | $3.5B |
| Total liabilities | $11.5B | $10.2B | $10.6B | $10.9B | $9.9B |
| Total debt | $4.5B | $5.0B | $5.0B | $5.0B | $5.0B |
| Stockholders' equity | $9.9B | $8.5B | $8.2B | $6.3B | $6.0B |
| Cash Flow Statement | |||||
| Cash from operations | $6.2B | $4.7B | $5.2B | $3.1B | $3.6B |
| Depreciation and amortization | $329.5M | $299.0M | $282.8M | $248.2M | $229.8M |
| Stock-based compensation | $343.4M | $293.1M | $286.6M | $259.1M | $220.2M |
| Capital expenditure | $759.2M | $396.7M | $501.6M | $546.0M | $349.1M |
| Free cash flow | $5.4B | $4.3B | $4.7B | $2.6B | $3.2B |
| Dividends paid | $1.1B | $1.0B | $907.9M | $815.3M | $727.0M |
| Share repurchases | $3.4B | $2.8B | $2.0B | $3.9B | $2.7B |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 1.3B · Free float 99.7%
Annual filing data through FY ended June 29, 2025; float as of July 8, 2026.