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LAM RESEARCH CORP (LRCX)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-25-22Sep-25-22Jun-26-22Mar-27-22Dec-26-21Sep-26-21Jun-27-21Mar-28-21
   10-Q8-K10-K10-Q10-Q10-Q10-K10-Q
Total revenues  5,277.65,074.14,635.64,060.44,226.64,304.54,145.23,847.7
            Revenue growth  24.9%17.9%11.8%5.5%22.3%35.5%48.5%53.7%
Cost of goods sold  2,901.22,737.32,535.02,243.82,248.72,327.72,230.02,067.5
Gross profit  2,376.32,336.82,100.51,816.61,977.91,976.81,915.21,780.1
            Gross margin  45.0%46.1%45.3%44.7%46.8%45.9%46.2%46.3%
Selling, general and administrative   [+]233.8205.6210.0217.4236.1222.2217.5203.7
Research and development  462.4433.4411.2407.1403.6382.3381.7381.1
EBITDA   [+]1,765.61,773.61,567.31,276.31,419.81,452.11,394.31,274.8
            EBITDA margin  33.5%35.0%33.8%31.4%33.6%33.7%33.6%33.1%
Depreciation  61.675.868.863.962.260.860.161.7
EBITA  1,704.01,697.81,498.51,212.41,357.61,391.31,334.21,213.1
            EBITA margin  32.3%33.5%32.3%29.9%32.1%32.3%32.2%31.5%
Amortization of intangibles  23.8 19.120.319.519.118.317.8
EBIT   [+]1,680.21,697.81,479.41,192.11,338.11,372.21,315.91,195.3
            EBIT margin  31.8%33.5%31.9%29.4%31.7%31.9%31.7%31.1%
Interest expense, net   [+]-26.1 -6.2-1.9-2.4-4.7-3.7-4.2
Other income (expense), net   [+]-7.7-500.8-81.2-13.962.411.939.811.9
Pre-tax income  1,651.91,197.01,358.91,134.71,356.11,343.41,308.81,160.0
Income taxes  183.4-228.9150.0112.9161.3163.6164.188.9
            Tax rate  11.1% 11.0%10.0%11.9%12.2%12.5%7.7%
Net income  1,468.51,425.91,208.91,021.81,194.81,179.71,144.71,071.1
            Net margin  27.8%28.1%26.1%25.2%28.3%27.4%27.6%27.8%
   
Basic EPS   [+]$10.80$10.42$8.64$7.34$8.50$8.32$7.97$7.51
Diluted EPS   [+]$10.77$10.39$8.60$7.30$8.44$8.27$7.88$7.41
   
Dividends per share   [+]$1.73$1,725.00$1.50$1.50$1.50$1.50$1.30$1.30
   
Shares outstanding (basic)   [+]136.0136.9139.9139.2140.6141.7143.6142.7
Shares outstanding (diluted)   [+]136.3137.2140.6140.1141.5142.6145.3144.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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