Lam Research Corporation (LRCX) Financials

NASDAQ:LRCX

Market Cap

82.84B

Total Revenue

17.43B

Gross Profit

7.78B

Operating Income

5.17B

Net Income

4.51B

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	4,607,309,000	5,259,312,000	5,885,893,000	8,013,620,000	11,076,998,000	9,653,559,000	10,044,736,000	14,626,150,000	17,227,039,000	17,428,516,000
costOfRevenue	2,599,828,000	2,974,976,000	3,266,971,000	4,410,261,000	5,911,966,000	5,295,100,000	5,436,043,000	7,820,844,000	9,355,232,000	9,651,591,000
grossProfit	2,007,481,000	2,284,336,000	2,618,922,000	3,603,359,000	5,165,032,000	4,358,459,000	4,608,693,000	6,805,306,000	7,871,807,000	7,776,925,000
researchAndDevelopmentExpenses	716,471,000	825,242,000	913,712,000	1,033,742,000	1,189,514,000	1,191,320,000	1,252,412,000	1,493,408,000	1,604,248,000	1,727,162,000
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	613,341,000	591,611,000	630,954,000	667,485,000	762,219,000	702,407,000	682,479,000	829,875,000	885,737,000	832,753,000
operatingExpenses	1,329,812,000	1,416,853,000	1,544,666,000	1,701,227,000	1,951,733,000	1,893,727,000	1,934,891,000	2,323,283,000	2,489,985,000	2,559,915,000
operatingIncome	677,669,000	788,039,000	1,074,256,000	1,902,132,000	3,213,299,000	2,464,732,000	2,673,802,000	4,482,023,000	5,381,822,000	5,174,860,000
totalOtherIncomeExpensesNet	45,694,000	-126,633,000	-114,139,000	-90,459,000	-61,510,000	-18,161,000	-98,824,000	-111,219,000	-188,708,000	-107,800,000
ebitda	886,833,000	1,224,847,000	1,365,284,000	2,209,037,000	3,539,694,000	2,774,013,000	2,942,327,000	4,789,174,000	5,715,561,000	5,601,592,000
depreciationAndAmortization	292,254,000	277,920,000	291,028,000	306,905,000	326,395,000	309,281,000	268,525,000	307,151,000	333,739,000	342,432,000
interestIncome	12,540,000	19,268,000	29,512,000	57,858,000	85,813,000	98,771,000	85,433,000	19,687,000	15,209,000	138,984,000
interestExpense	61,692,000	73,682,000	134,773,000	117,734,000	97,387,000	117,263,000	177,440,000	208,597,000	184,759,000	186,462,000
incomeBeforeTax	723,363,000	740,850,000	960,117,000	1,811,673,000	3,151,789,000	2,446,571,000	2,574,978,000	4,370,804,000	5,193,114,000	5,109,210,000
incomeTaxExpense	91,074,000	85,273,000	46,068,000	113,910,000	771,108,000	255,141,000	323,225,000	462,346,000	587,828,000	598,279,000
netIncome	632,289,000	655,577,000	914,049,000	1,697,763,000	2,380,681,000	2,191,430,000	2,251,753,000	3,908,458,000	4,605,286,000	4,510,931,000
eps	3.84	4.11	5.75	10.47	14.73	14.37	15.55	27.22	32.92	42.13
epsdiluted	3.62	3.7	5.22	9.24	13.17	13.7	15.1	26.9	32.75	42.02
weightedAverageShsOut	164,741,000	159,629,000	158,919,000	162,222,000	161,643,000	152,478,000	144,814,000	143,609,000	139,899,000	135,472,000
weightedAverageShsOutDil	174,503,000	177,067,000	175,159,000	183,770,000	180,782,000	159,915,000	149,090,000	145,320,000	140,628,000	135,834,000
costAndExpenses	3,929,640,000	4,391,829,000	4,811,637,000	6,111,488,000	7,863,699,000	7,188,827,000	7,370,934,000	10,144,127,000	11,845,217,000	12,211,506,000
otherExpenses	-37,396,000	-47,189,000	-114,139,000	-90,459,000	-61,510,000	-18,161,000	-98,824,000	-111,219,000	-188,708,000	-65,650,000

Key Facts

Industry

Semiconductor Equipment & Materials

Sector

Technology

Headquarters

Fremont, CA, US

Website

lamresearch.com

CEO

Mr. Timothy M. Archer

Employees

17200

About the Company

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.