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LRCX

$328.75
$-8.31 (-2.47%)-2.47%
Open
Loading chart...
IndexN/A
Market Cap411.06B
Enterprise Value514.27B
Income$5.36B
Sales$18.44B
Employees18,600
P/E56.48
P/S22.20
P/B41.35
P/C105.44
EV/EBITDA59.08
EV/Sales23.62
EPS (ttm)5.82
Earnings2025-10-22
Gross Margin48.71%
Oper. Margin32.01%
Profit Margin29.06%
Volume4.74M
Shs Outstand1.25B
Change-2.47%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD20.48%
Perf Year177.66%
Perf 3Y373.38%
Perf 5Y284.41%
Perf 10Y3203.11%
IPO1984-05-04
Income Statement by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021
Revenue$18.44B$14.91B$17.43B$17.23B$14.63B
Cost of Revenue$9.46B$7.85B$9.65B$9.36B$7.82B
Gross Profit$8.98B$7.05B$7.78B$7.87B$6.81B
Gross Margin48.71%47.32%44.63%45.69%46.53%
Operating Expenses$3.08B$2.79B$2.60B$2.49B$2.32B
Operating Income$5.90B$4.26B$5.17B$5.38B$4.48B
Operating Margin32.01%28.61%29.69%31.24%30.64%
Net Income$5.36B$3.83B$4.51B$4.61B$3.91B
Net Margin29.06%25.68%25.89%26.73%26.72%
EPS (Basic)$4.17$2.91$3.33$3.29$2.72
EBITDA$6.34B$4.91B$5.64B$5.71B$4.89B
Stock Option Compensation Expense$343.37M$293.06M$286.60M$259.06M$220.16M
Price To Earnings Ratio23.3636.4119.3112.9523.91
Price To Sales RatioN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/A
Market Capitalization$125.19B$139.37B$87.09B$59.62B$93.45B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021
Cash & Short Term InvestmentsN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/A
Total Assets$21.35B$18.74B$18.78B$17.20B$15.89B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/A
Total Liabilities$11.48B$10.21B$10.57B$10.92B$9.86B
Non-Equity ReservesN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/A
Total Shareholders Equity$9.86B$8.54B$8.21B$6.28B$6.03B
Accumulated Minority InterestN/AN/AN/AN/AN/A
Total Equity$9.86B$8.54B$8.21B$6.28B$6.03B
Total Liabilities & Stockholders Equity$21.35B$18.74B$18.78B$17.20B$15.89B
Book Value Per Share$7.67$6.50$6.06$4.49$4.20
Tangible Book Value Per Share$6.26$5.16$4.74$3.33$3.07
Full-Time EmployeesN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/A
Return on Assets25.10%20.42%24.02%26.78%24.59%
Return on Equity54.33%44.82%54.94%73.35%64.85%
Return on Invested Capital34.00%25.10%31.28%37.76%32.39%
Quick Ratio1.552.002.011.822.54
Current Ratio2.212.973.162.693.30
Cash Flow by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021
Net Income$5.36B$3.83B$4.51B$4.61B$3.91B
Depreciation$386.28M$359.70M$342.43M$333.74M$307.15M
Other Funds (Non Cash)N/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/A
Cash from Operating Activities$6.17B$4.65B$5.18B$3.10B$3.59B
Capital Expenditures$759.19M$396.67M$501.57M$546.03M$349.10M
Net Assets From AcquisitionsN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/A
Cash Dividends Paid$1.15B$1.02B$907.91M$815.29M$726.99M
Change in Capital StockN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$3.42B$2.84B$2.02B$3.87B$2.70B
Sale of Common Pref StockN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/A
Free Cash Flow$5.41B$4.26B$4.68B$2.55B$3.24B
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Aug 2 · 8:15PMIf I Were in My 20s, I'd Buy This Magnificent ETF and Hold It Until RetirementThe Motley Fool ↗Jul 31 · 2:23PMNot Micron, Not Sandisk. This Chip Stock Could Be the Biggest Winner of the AI Memory BoomThe Motley Fool ↗Jul 25 · 5:11PMGot $100? 1 Artificial Intelligence (AI) Memory ETF to Buy Right Now.The Motley Fool ↗Jul 24 · 6:33PMQQQ vs. VGT: Where Should You Invest $1,000 Right Now?The Motley Fool ↗Jul 14 · 3:17PMHad You Bought This Magnificent Vanguard ETF at the Start of January, You'd Be Crushing the S&P 500 in 2026The Motley Fool ↗Jul 7 · 4:17PMThe Nasdaq's Rough Day: When Good News Is Bad News for Market IndexesThe Motley Fool ↗Jul 7 · 1:22PMNasdaq Weakness Shows AI Stocks Are Losing Their Easy MomentumInvesting.com ↗Jul 1 · 6:37AMCould Lam Research Be the Next $1 Trillion Company?The Motley Fool ↗
Show 12 more stories↓
Jun 30 · 8:24AMIs Axcelis Stock a Buy After Doubling This Year?The Motley Fool ↗Jun 19 · 4:30PMMissed Out on the AI Memory Rally? These 3 Stocks Are Just Getting Started.The Motley Fool ↗Jun 19 · 11:30AMSputtering Equipment Market Size to Hit USD 4.19 Billion by 2035 | Research by SNS InsiderGlobeNewswire Inc. ↗Jun 17 · 8:23PMThis Memory Stock Has Doubled in 2026. Here's Why It Can Skyrocket Higher (Hint: It's Not Micron or Sandisk)The Motley Fool ↗Jun 16 · 7:30AMSemiconductor Equipment Market Size to Hit USD 329.73 Billion by 2035 | Research by SNS InsiderGlobeNewswire Inc. ↗Jun 12 · 5:08PMBillionaire Investor Doubles Down On AI Trade, Adds Chip-Equipment NamesBenzinga ↗Jun 12 · 3:15PMThe S&P 500 ETF Nobody Talks About That Could Beat VOOThe Motley Fool ↗Jun 11 · 5:14PMChips Lead Nasdaq 100 Rebound, Oracle Sinks 11%: Stock Market TodayBenzinga ↗Jun 11 · 5:01PMDow Jones and S&P 500 Climb Thursday as Wall Street Shakes Off Three-Day Slump Before SpaceX IPOThe Motley Fool ↗Jun 11 · 10:24AM1 of My Top AI Dividends Just Popped 43% and It’s Still a BargainInvesting.com ↗Jun 9 · 10:24AMBetter ETF Buy Right Now: QQQ vs. SCHGThe Motley Fool ↗Jun 8 · 5:13PMNasdaq 100 Rallies Over 2% On Iran-Israel Ceasefire: Stock Market TodayBenzinga ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
ARCHER TIMOTHY
Option
30.0K
$30.03
$901K
Aug 6, 26
ARCHER TIMOTHY
Sell
30.0K
$300.00
$9.0M
Aug 6, 26
Harter Ava
F
5.8K
$307.42
$1.8M
Aug 5, 26
TALWALKAR ABHIJIT Y
Sell
18.3K
$335.00
$6.1M
Jul 13, 26
TALWALKAR ABHIJIT Y
Sell
18.3K
$335.00
$6.1M
Jul 13, 26

Company

CEO: Timothy ArcherEmployees: 19000www.lamresearch.com
About the company↓

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

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The Intraday Markets

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Market data may be delayedFor informational purposes onlyFMP · Massive · SEC

Why it moved over time

Catalyst history

4 entries
Aug 13, 2026
Analyst action-0.26%

Lam Research was upgraded to a Zacks Rank #1 (Strong Buy), boosting optimism about its earnings prospects and potential upside as AI-driven semiconductor equipment demand grows.

Key fact: Zacks upgraded Lam Research to a Zacks Rank #1 (Strong Buy).

zacks.com: Lam Research (LRCX) Upgraded to Strong Buy: Here's Why↗
Aug 12, 2026
Earnings+1.64%

Lam Research (LRCX) reported a Q4 earnings beat with upbeat guidance, signaling the AI-chip supercycle remains intact and supporting stronger equipment demand and revenue visibility.

Key fact: Lam's Q4 earnings beat expectations and management said the AI chip supercycle isn't over.

fool.com: Lam Research's Latest Earnings Report Says the AI Chip Supercycle Isn't Over. Here's Why.↗
Jul 31, 2026
Earnings+17.16%

After reporting better-than-expected fiscal fourth-quarter results and a stronger AI-driven outlook, Lam Research signalled rising demand for its chipmaking equipment tied to AI infrastructure spending.

Key fact: Q4 revenue $6.72B vs guide $6.60B; EPS $1.82 vs $1.65; gross margin 52%; company issued stronger guidance citing AI demand.

youtube.com: Semiconductor stocks SOAR as strong Microsoft outlook revives AI trade↗
Show 1 earlier catalysts↓
Jul 30, 2026
Earnings+12.54%

Lam Research reported record fiscal Q4 revenue of $6.72 billion and EPS of $1.82, topping estimates as AI-driven NAND demand and stronger memory sales boosted results.

Key fact: Q4 revenue $6.72B (record); EPS $1.82 vs Zacks estimate $1.69, driven by a sharp increase in NAND-related revenue.

barrons.com: Microsoft, Meta, Lam Research, Shell, and More Stocks That Explain Today's Market↗