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Income Statement
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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  19,047.717,996.717,227.016,736.716,523.915,753.514,626.213,272.8
            Revenue growth  15.3%14.2%17.8%26.1%38.5%42.5%45.6%38.1%
Cost of goods sold  10,417.39,764.89,355.29,050.28,873.98,477.77,820.87,102.4
Gross profit  8,630.38,231.97,871.87,686.57,650.07,275.96,805.36,170.4
            Gross margin  45.3%45.7%45.7%45.9%46.3%46.2%46.5%46.5%
Selling, general and administrative   [+]866.8869.2885.7893.3879.6862.3829.9798.2
Research and development  1,714.01,655.31,604.21,574.81,548.81,520.41,493.41,450.5
EBITDA   [+]6,382.86,037.05,715.65,542.65,541.05,207.34,789.24,221.7
            EBITDA margin  33.5%33.5%33.2%33.1%33.5%33.1%32.7%31.8%
Depreciation  270.1270.7255.7247.0244.7241.2236.6230.6
EBITA  6,112.75,766.35,459.85,295.65,296.34,966.14,552.63,991.0
            EBITA margin  32.1%32.0%31.7%31.6%32.1%31.5%31.1%30.1%
Amortization of intangibles  63.2 78.077.274.772.970.669.2
EBIT   [+]6,049.55,707.45,381.85,218.45,221.64,893.24,482.03,921.8
            EBIT margin  31.8%31.7%31.2%31.2%31.6%31.1%30.6%29.5%
Interest expense, net   [+]-34.3 -15.2-12.7-15.0-17.4-19.7-25.3
Other income (expense), net   [+]-603.7-533.6-20.9100.1125.980.274.165.7
Pre-tax income  5,342.55,046.85,193.15,143.05,168.34,791.94,370.83,810.2
Income taxes  217.4195.3587.8602.0577.9527.2462.3349.7
            Tax rate  4.1% 11.3%11.7%11.2%11.0%10.6%9.2%
Net income  5,125.14,851.44,605.34,541.04,590.44,264.83,908.53,460.5
            Net margin  26.9%27.0%26.7%27.1%27.8%27.1%26.7%26.1%
   
Basic EPS   [+]$37.14$34.86$32.81$32.14$32.29$29.83$27.17$24.01
Diluted EPS   [+]$36.99$34.69$32.61$31.89$31.98$29.49$26.81$23.59
   
Dividends per share   [+]$1,729.73$1,729.50$6.00$5.80$5.60$5.40$5.20$5.05
   
Shares outstanding (basic)   [+]138.0139.2140.4141.3142.2143.0143.8144.1
Shares outstanding (diluted)   [+]138.6139.9141.2142.4143.5144.6145.8146.7
   
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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