Lam Research Corporation
LRCXFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
6/29/2025
Revenue
18,436
Cost of Revenue
9,457
Gross Profit
8,979
Gross Margin
48.7%
Operating Income
5,901
Operating Margin
32.0%
Net Income
5,358
Net Margin
29.1%
EPS (Basic)
$4.17
EPS (Diluted)
$4.15
EBITDA
6,344
EBITDA Margin
34.4%
2024
6/30/2024
Revenue
14,905
Cost of Revenue
7,853
Gross Profit
7,053
Gross Margin
47.3%
Operating Income
4,264
Operating Margin
28.6%
Net Income
3,828
Net Margin
25.7%
EPS (Basic)
$2.91
EPS (Diluted)
$2.90
EBITDA
4,905
EBITDA Margin
32.9%
2023
6/30/2023
Revenue
17,427
Cost of Revenue
9,652
Gross Profit
7,777
Gross Margin
44.6%
Operating Income
5,175
Operating Margin
29.7%
Net Income
4,511
Net Margin
25.9%
EPS (Basic)
$3.33
EPS (Diluted)
$3.32
EBITDA
5,638
EBITDA Margin
32.4%
2022
6/30/2022
Revenue
17,227
Cost of Revenue
9,355
Gross Profit
7,872
Gross Margin
45.7%
Operating Income
5,382
Operating Margin
31.2%
Net Income
4,605
Net Margin
26.7%
EPS (Basic)
$3.29
EPS (Diluted)
$3.28
EBITDA
5,712
EBITDA Margin
33.2%
2021
6/30/2021
Revenue
14,626
Cost of Revenue
7,821
Gross Profit
6,805
Gross Margin
46.5%
Operating Income
4,482
Operating Margin
30.6%
Net Income
3,908
Net Margin
26.7%
EPS (Basic)
$2.72
EPS (Diluted)
$2.69
EBITDA
4,887
EBITDA Margin
33.4%