LAM RESEARCH CORPORATION (LRCX) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $1.12B (period ending 2009-06-28) to $23.23B (period ending 2026-06-28) — a 19.6% annual pace across 17 year(s) of filed history.
- Net margin turned from a loss (-27.1%) to a 31.3% margin over that same span.
- Across 51 tracked quarters, the strongest was $5.84B (quarter ending 2026-03-29) and the weakest was $318.5M (quarter ending 2009-09-27).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $23.23B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Gross profit | $11.73B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Operating income | $8.20B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Net income | $7.27B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Diluted EPS | $5.76 | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Total assets | $23.53B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Total liabilities | $11.06B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Cash & equivalents | $5.58B | 2026-06-28 | 10-K | 0000707549-26-000037 |
| Operating cash flow | $5.86B | 2026-06-28 | 10-K | 0000707549-26-000037 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $5.84B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Gross profit | $2.91B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Operating income | $2.05B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Net income | $1.83B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Diluted EPS | $1.45 | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Total assets | $20.79B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Total liabilities | $10.21B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Cash & equivalents | $4.75B | 2026-03-29 | 10-Q | 0000707549-26-000022 |
| Operating cash flow | $1.78B | 2025-09-28 | 10-Q | 0000707549-25-000085 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Lam Research Corporation (LRCX) operates in a high-scale, capital-intensive industry, as evidenced by its substantial total assets of $23.53 billion and total liabilities of $11.06 billion as of the most recent annual filing. The company’s revenue has experienced remarkable growth, escalating from $1.12 billion in 2009 to a staggering $23.23 billion in 2026, reflecting an impressive average annual growth rate of 19.6% over the past 17 years. This robust revenue expansion underscores Lam Research’s dominant position within its sector.
The company’s net income has also witnessed a significant transformation, transitioning from a loss of $302.1 million in 2009 to a profit of $7.27 billion in 2026, indicating a remarkable improvement in operational efficiency and profitability. This period saw the net margin shift from negative territory (-27.1%) to a robust 31.3%. The company’s strong operating cash flow, standing at $5.86 billion for the annual period ending 2026-06-28, further supports its financial health and ability to sustain growth initiatives.
In examining the multi-year trajectory, investors should focus on Lam Research’s capacity to maintain high revenue growth rates while managing costs effectively to preserve margins. The next filing will likely reveal whether the company can continue this impressive performance amidst potential industry headwinds or competitive pressures. Additionally, monitoring fluctuations in quarterly revenues—ranging from a peak of $5.84 billion to a low of $318.5 million—will provide insights into the cyclical nature of its business and management’s ability to navigate such variations.
Source: SEC EDGAR company facts for CIK 0000707549 · filings index