Lam Research

LRCX · NASDAQ · USD

$347.49+2.17%+$7.39

Close · October 2, 2026

At a glance

Revenue growth: +26.02%; FY to Jun 2026 vs FY to Jun 2025
Net income growth: +35.59%; FY to Jun 2026 vs FY to Jun 2025
Net margin: 31.3%; FY to Jun 2025: 29.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	23,530	20,792	21,391	21,900	21,345	19,968	19,840	19,532	18,745	18,280	18,784	18,538
Current assets	15,611	13,297	14,018	14,807	14,517	13,460	13,613	13,492	12,883	12,488	13,055	12,994
Cash and equivalents	5,579	4,751	6,180	6,693	6,391	5,451	5,665	6,067	5,848	5,672	5,623	5,126
Short-term investments	—	—	—	—	—	—	—	—	—	—	14.7	30.6
Receivables	5,340	4,133	3,492	3,633	3,378	3,228	3,305	2,937	2,519	2,204	2,707	2,811
Inventory	4,276	4,000	4,038	4,095	4,308	4,463	4,358	4,210	4,218	4,323	4,430	4,748
Net property, plant and equipment	3,354	2,854	2,711	2,511	2,716	2,372	2,314	2,214	2,463	2,182	2,147	2,111
Goodwill	1,627	—	—	—	1,626	—	—	1,600	1,627	1,627	1,627	1,626
Other intangible assets	269	1,882	1,864	1,827	182	1,795	1,761	158	139	142	139	158
Current liabilities	5,937	5,242	6,213	6,708	6,568	5,490	5,350	5,343	4,338	4,430	4,272	4,247
Accounts payable	1,302	1,072	1,027	863	854	853	822	704	614	532	500	528
Long-term debt	3,722	3,730	3,730	3,730	3,720	3,730	4,478	4,479	4,466	4,478	4,980	4,980
Total debt	4,122	3,734	4,484	4,484	4,757	4,484	4,982	4,984	5,271	4,983	—	—
Total liabilities	11,059	10,207	11,246	11,707	11,484	10,457	11,032	11,061	10,205	10,258	10,561	10,491
Total equity (incl. minority)	12,471	10,585	10,145	10,193	9,862	9,511	8,808	8,472	8,539	8,022	8,222	8,047
Retained earnings	34,950	32,998	31,498	30,230	28,989	27,561	26,525	25,630	24,811	24,052	23,347	22,655