Lam Research LRCX
Lam Research fiscal 2025 annual report
Fiscal 2025 (ended Jun 29, 2025) · Filed Aug 11, 2025Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Lam Research sell in fiscal 2025?
As stated in annual reports · fiscal 2021–2025
Fiscal 2025 revenue
$18.4B+23.7% vs prior year
Net income $5.4B · 29.1% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2021 | $14.6B | $3.9B |
| 2022 | $17.2B | $4.6B |
| 2023 | $17.4B | $4.5B |
| 2024 | $14.9B | $3.8B |
| 2025 | $18.4B | $5.4B |
Fiscal 2025 (ended Jun 29, 2025) · Filed Aug 11, 2025Whalegun
- Revenue
- $18.4B
- +23.7% vs prior year
- Operating income
- $5.9B
- 32.0% of revenue
- Net income
- $5.4B
- +40.0% vs prior year
- Diluted EPS
- $4.15
- Operating cash flow
- $6.2B
- Free cash flow
- $5.4B
Key points the company states
Lam Research supplies wafer fabrication equipment and services to chipmakers
- Lam Research says it is a global supplier of wafer fabrication equipment and services to the semiconductor industry.
- Its products fall into three markets: Deposition, Etch and Clean.
- Customers are memory, foundry and integrated device manufacturers (IDMs).
Lam Research fiscal 2025 revenue rose 23.7% to $18.4 billion
- Revenue rose 23.7% to $18.4 billion; the company cites strong customer demand for semiconductor equipment systems.
- Gross margin was 48.7% of revenue, up from 47.3% a year earlier.
- Revenue by region: China 34%, Korea 22% and Taiwan 19%.