LRCX.BA - Lam Research Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 5,324.2 | 5,171.4 | 4,720.2 | 4,376.0 | 4,168.0 | 3,871.5 | 3,793.6 | 3,758.3 | 3,482.1 | 3,207.3 |
| Cost of Revenue | 2,639.3 | 2,581.7 | 2,406.5 | 2,303.1 | 2,165.3 | 2,021.6 | 1,978.6 | 2,000.8 | 1,827.4 | 1,749.1 |
| Gross Profit | 2,684.9 | 2,589.7 | 2,313.7 | 2,073.0 | 2,002.7 | 1,849.9 | 1,815.0 | 1,757.5 | 1,654.7 | 1,458.1 |
| Operating Expenses | ||||||||||
| R&D Expenses | 576.4 | 580.2 | 525.9 | 494.9 | 495.4 | 497.8 | 512.3 | 469.7 | 422.6 | 402.0 |
| SG&A Expenses | 279.3 | 268.4 | 226.0 | 244.2 | 243.1 | 215.7 | 215.1 | 228.8 | 207.0 | 199.8 |
| Other Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Expenses | 855.8 | 848.6 | 751.9 | 739.1 | 738.5 | 713.5 | 727.4 | 698.6 | 629.7 | 601.8 |
| Operating Income | ||||||||||
| Operating Income | 1,829.1 | 1,741.1 | 1,561.8 | 1,333.9 | 1,264.2 | 1,136.3 | 1,087.6 | 1,057.2 | 1,023.0 | 854.6 |
| Interest Expense | 0.7 | 42.8 | 45.2 | 45.3 | 44.9 | 46.4 | 47.2 | 46.3 | 45.3 | 46.5 |
| Interest Income | 0.0 | 54.6 | 50.6 | 57.6 | 68.4 | 66.0 | 71.8 | 57.6 | 56.6 | 55.8 |
| Profitability | ||||||||||
| EBITDA | 1,961.5 | 1,920.2 | 1,679.3 | 1,489.6 | 1,433.5 | 1,289.2 | 1,230.3 | 1,211.3 | 1,162.2 | 1,219.4 |
| EBIT | 1,859.9 | 1,821.8 | 1,581.9 | 1,393.4 | 1,339.2 | 1,200.8 | 1,140.3 | 1,120.4 | 1,339.2 | 1,200.8 |
| Income Before Tax | 1,859.2 | 1,779.0 | 1,536.7 | 1,348.1 | 1,294.3 | 1,154.4 | 1,093.2 | 1,087.1 | 1,025.6 | 863.6 |
| Income Tax Expense | 290.5 | 58.9 | 206.1 | 157.1 | 177.8 | 134.1 | 127.4 | 132.8 | 138.2 | 61.1 |
| Net Income | 1,568.7 | 1,720.1 | 1,330.7 | 1,191.0 | 1,116.4 | 1,020.3 | 965.8 | 954.3 | 887.4 | 802.5 |
| Per Share Data | ||||||||||
| EPS (Basic) | 1.24 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| EPS (Diluted) | 1.24 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Shares Outstanding | 1,264.4 | 71,956.6 | 71,891.6 | 72,078.1 | 72,107.8 | 72,501.3 | 72,615.1 | 73,054.1 | 73,584.1 | 74,398.9 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 6,693.0 | 6,390.7 | 5,450.7 | 5,665.4 | 6,067.5 | 5,847.9 | 5,672.2 | 5,623.3 | 5,126.1 | 5,337.1 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 14.7 | 30.6 | 37.6 |
| Net Receivables | 3,633.0 | 3,378.1 | 3,228.2 | 3,304.9 | 2,937.2 | 2,519.2 | 2,203.7 | 2,707.5 | 2,811.0 | 2,823.4 |
| Inventory | 4,095.1 | 4,308.0 | 4,463.3 | 4,358.2 | 4,209.9 | 4,217.9 | 4,323.0 | 4,429.9 | 4,747.8 | 4,816.2 |
| Other Current Assets | 385.6 | 440.3 | 318.1 | 284.4 | 277.8 | 298.2 | 289.5 | 279.2 | 277.8 | (84.0) |
| Total Current Assets | 14,806.7 | 14,517.0 | 13,460.3 | 13,612.8 | 13,492.4 | 12,883.2 | 12,488.4 | 13,054.6 | 12,993.6 | 13,228.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 2,510.5 | 2,428.7 | 2,372.2 | 2,313.6 | 2,214.3 | 2,154.5 | 2,181.7 | 2,147.5 | 2,110.5 | 1,856.7 |
| Goodwill | 1,827.0 | 1,626.5 | 0.0 | 0.0 | 1,600.0 | 1,626.5 | 1,626.5 | 1,626.5 | 1,626.4 | 1,622.5 |
| Intangible Assets | 0.0 | 182.2 | 1,795.2 | 1,761.0 | 158.3 | 138.5 | 142.5 | 151.1 | 157.6 | 168.5 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.9 | 1.5 | 2.2 | 115.6 | 212.7 |
| Other Non-Current Assets | 2,756.0 | 2,590.8 | 2,340.5 | 2,152.5 | 2,067.5 | 1,941.9 | 1,840.5 | 1,804.2 | 1,650.4 | 1,905.6 |
| Total Non-Current Assets | 7,093.5 | 6,828.3 | 6,508.0 | 6,227.1 | 6,040.1 | 5,861.5 | 5,791.2 | 5,729.2 | 5,544.9 | 5,553.2 |
| Total Assets | 21,900.2 | 21,345.3 | 19,968.3 | 19,839.9 | 19,532.5 | 18,744.7 | 18,279.7 | 18,783.9 | 18,538.5 | 18,781.6 |
| Current Liabilities | ||||||||||
| Account Payables | 863.2 | 854.2 | 853.3 | 822.3 | 704.2 | 614.0 | 531.6 | 499.7 | 704.2 | 614.0 |
| Short-Term Debt | 754.4 | 749.7 | 754.3 | 504.1 | 504.7 | 504.8 | 505.1 | 3.8 | 504.7 | 501.3 |
| Deferred Revenue | 2,646.4 | 2,565.5 | 1,882.3 | 1,927.9 | 1,937.3 | 1,417.8 | 1,601.7 | 1,793.0 | 1,595.1 | 1,695.2 |
| Other Current Liabilities | 2,443.9 | 1,561.0 | 1,395.3 | 1,497.1 | 1,423.2 | 1,801.9 | 1,791.6 | 1,975.9 | 327.7 | 2,549.4 |
| Total Current Liabilities | 6,707.9 | 6,568.4 | 5,489.8 | 5,350.3 | 5,342.7 | 4,338.4 | 4,430.1 | 4,272.4 | 4,247.2 | 4,184.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,729.6 | 3,719.7 | 3,730.0 | 4,478.1 | 4,479.1 | 4,478.5 | 4,478.4 | 4,980.0 | 4,980.5 | 4,466.0 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 1,270.0 | 1,185.0 | 1,237.3 | 1,203.4 | 1,238.8 | 1,388.3 | 1,349.1 | 1,309.0 | 1,263.5 | 1,908.0 |
| Total Non-Current Liabilities | 4,999.5 | 4,915.2 | 4,967.4 | 5,681.6 | 5,717.9 | 5,866.8 | 5,827.5 | 6,289.0 | 6,243.9 | 6,386.6 |
| Total Liabilities | 11,707.5 | 11,483.6 | 10,457.2 | 11,031.9 | 11,060.6 | 10,205.3 | 10,257.5 | 10,561.4 | 10,491.1 | 10,571.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | 30,230.1 | 28,988.9 | 27,560.6 | 26,525.0 | 25,630.0 | 24,811.3 | 24,051.9 | 23,347.1 | 22,655.4 | 22,032.1 |
| Accumulated Other Comprehensive Income | (73.6) | (62.4) | (123.9) | (134.1) | (87.8) | (130.4) | (127.8) | (117.7) | (121.3) | (100.7) |
| Total Stockholders' Equity | 10,192.8 | 9,861.6 | 9,511.1 | 8,808.0 | 8,471.9 | 8,539.5 | 8,022.1 | 8,222.5 | 8,047.3 | 8,210.2 |
| Total Liabilities & Equity | 21,900.2 | 21,345.3 | 19,968.3 | 19,839.9 | 19,532.5 | 18,744.7 | 18,279.7 | 18,783.9 | 18,538.5 | 18,781.6 |
| Debt Metrics | ||||||||||
| Total Debt | 4,483.9 | 4,484.5 | 4,484.3 | 4,982.3 | 4,983.8 | 4,983.3 | 4,983.5 | 4,983.8 | 4,984.3 | 5,011.5 |
| Net Debt | (2,209.1) | (1,906.2) | (966.4) | (683.1) | (1,083.7) | (864.5) | (688.8) | (639.5) | (141.8) | (325.5) |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 1,568.7 | 1,720.1 | 1,330.7 | 1,191.0 | 1,116.4 | 1,020.3 | 965.8 | 954.3 | 887.4 | 802.5 |
| Depreciation & Amortization | 101.6 | 98.4 | 97.3 | 96.2 | 94.3 | 88.4 | 89.9 | 90.9 | 90.5 | 89.6 |
| Stock-Based Compensation | 97.2 | 94.3 | 87.1 | 82.0 | 80.0 | 79.1 | 76.9 | 69.9 | 67.2 | 68.5 |
| Change in Working Capital | 76.2 | 778.8 | (188.1) | (535.8) | 386.9 | (259.9) | 266.6 | 423.3 | (69.5) | 160.3 |
| Other Non-Cash Items | (1.9) | 14.2 | 1.7 | (8.6) | (0.5) | 251.8 | 266.9 | 4.2 | (0.1) | 40.8 |
| Operating Cash Flow | 1,779.0 | 2,554.2 | 1,308.7 | 741.9 | 1,568.5 | 862.4 | 1,384.8 | 1,453.8 | 951.2 | 1,122.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (185.1) | (172.2) | (288.1) | (188.3) | (110.6) | (100.7) | (103.7) | (115.3) | (77.0) | (78.7) |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 239.9 |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (239.9) |
| Sales/Maturities of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (37.8) | 14.7 | 15.8 | 7.3 | 26.3 |
| Other Investing Activities | (0.9) | 42.9 | (4.9) | 13.0 | (110.6) | (0.9) | (3.4) | (2.5) | (5.0) | (2.8) |
| Investing Cash Flow | (186.0) | (129.3) | (292.9) | (175.4) | (110.6) | (101.6) | (92.4) | (102.0) | (74.7) | (55.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (1.4) | (1.5) | (504.0) | (1.0) | (0.9) | 0.0 | 0.0 | 0.0 | (0.9) | (98.0) |
| Stock Repurchased | (975.8) | (1,292.3) | (435.1) | (697.9) | (997.0) | (373.6) | (980.6) | (645.5) | (997.1) | (373.6) |
| Dividends Paid | (292.0) | (295.2) | (295.7) | (297.6) | (261.0) | (261.5) | (262.7) | (264.4) | (230.3) | (232.3) |
| Other Financing Activities | (12.4) | 78.7 | 0.5 | 61.3 | (0.3) | (312.7) | (973.1) | (595.5) | (0.3) | 652.0 |
| Financing Cash Flow | (1,281.6) | (1,509.5) | (1,232.6) | (935.2) | (1,259.3) | (574.2) | (1,235.8) | (859.9) | (1,326.0) | (1,038.0) |
| Cash Position | ||||||||||
| Net Change in Cash | 304.2 | 944.7 | (214.4) | (394.7) | 221.3 | 175.6 | 48.9 | 498.7 | (460.6) | 31.0 |
| Cash at Beginning | 6,407.7 | 5,463.0 | 5,677.4 | 6,072.1 | 5,850.8 | 5,672.2 | 5,623.3 | 5,126.8 | 5,587.4 | 5,556.3 |
| Cash at End | 6,711.9 | 6,407.7 | 5,463.0 | 5,677.4 | 6,072.1 | 5,847.9 | 5,672.2 | 5,625.5 | 5,126.8 | 5,587.4 |
| Free Cash Flow | 1,593.8 | 2,382.0 | 1,020.6 | 553.6 | 1,457.9 | 761.7 | 1,281.2 | 1,338.6 | 874.2 | 1,044.1 |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 5,324.2 | 5,171.4 | 4,720.2 | 4,376.0 | 4,168.0 | 3,871.5 | 3,793.6 | 3,758.3 | 3,482.1 | 3,207.3 |
| Gross Profit | 2,684.9 | 2,589.7 | 2,313.7 | 2,073.0 | 2,002.7 | 1,849.9 | 1,815.0 | 1,757.5 | 1,654.7 | 1,458.1 |
| Operating Income | 1,829.1 | 1,741.1 | 1,561.8 | 1,333.9 | 1,264.2 | 1,136.3 | 1,087.6 | 1,057.2 | 1,023.0 | 854.6 |
| Net Income | 1,568.7 | 1,720.1 | 1,330.7 | 1,191.0 | 1,116.4 | 1,020.3 | 965.8 | 954.3 | 887.4 | 802.5 |
| EPS (Diluted) | 1.24 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 6,693.0 | 6,390.7 | 5,450.7 | 5,665.4 | 6,067.5 | 5,847.9 | 5,672.2 | 5,623.3 | 5,126.1 | 5,337.1 |
| Total Assets | 21,900.2 | 21,345.3 | 19,968.3 | 19,839.9 | 19,532.5 | 18,744.7 | 18,279.7 | 18,783.9 | 18,538.5 | 18,781.6 |
| Total Debt | 4,483.9 | 4,484.5 | 4,484.3 | 4,982.3 | 4,983.8 | 4,983.3 | 4,983.5 | 4,983.8 | 4,984.3 | 5,011.5 |
| Stockholders' Equity | 10,192.8 | 9,861.6 | 9,511.1 | 8,808.0 | 8,471.9 | 8,539.5 | 8,022.1 | 8,222.5 | 8,047.3 | 8,210.2 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 1,779.0 | 2,554.2 | 1,308.7 | 741.9 | 1,568.5 | 862.4 | 1,384.8 | 1,453.8 | 951.2 | 1,122.7 |
| Capital Expenditure | (185.1) | (172.2) | (288.1) | (188.3) | (110.6) | (100.7) | (103.7) | (115.3) | (77.0) | (78.7) |
| Free Cash Flow | 1,593.8 | 2,382.0 | 1,020.6 | 553.6 | 1,457.9 | 761.7 | 1,281.2 | 1,338.6 | 874.2 | 1,044.1 |