Lam Research
$340.10Change from previous close: +3.53%Absolute change: +$11.59
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Total revenue | 23,233 | 18,436 | 14,905 | 17,429 |
| Cost of revenue | 11,507 | 9,457 | 7,853 | 9,652 |
| Gross profit | 11,725 | 8,979 | 7,053 | 7,777 |
| Selling, general and administrative | 1,150 | 982 | 868 | 833 |
| Research and development | 2,376 | 2,096 | 1,902 | 1,727 |
| Operating income | 8,200 | 5,901 | 4,282 | 5,217 |
| EBIT | 8,419 | 6,136 | 4,545 | 5,296 |
| EBITDA | 8,861 | 6,523 | 4,905 | 5,638 |
| Interest expense | 157 | 178 | 185 | 186 |
| Pre-tax income | 8,262 | 5,958 | 4,360 | 5,109 |
| Income tax | 997 | 600 | 532 | 598 |
| Net income | 7,265 | 5,358 | 3,828 | 4,511 |
| Net income to common shareholders | 7,265 | 5,358 | 3,828 | 4,511 |
| Basic EPS | 5.79 | 4.17 | 2.91 | 3.33 |
| Diluted EPS | 5.76 | 4.15 | 2.90 | 3.32 |
| Average shares (basic) | 1,255 | 1,286 | 1,314 | 1,355 |
| Average shares (diluted) | 1,261 | 1,290 | 1,320 | 1,358 |