Skip to content
AnalystLens
Back to LRCXIncome Statement

LAM RESEARCH CORP Net Income 2009-2026 | LRCX

Annual FY2009–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$5.36B

+40.0%YoY vs FY2024Source: 10-KFY2025

From −$302.1M in FY2009 to $5.36B in FY2025.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$1.6B+40.5%$1.6B+33.8%$1.8B+37.2%Not reported
FY25$1.1B+25.8%$1.2B+24.8%$1.3B+37.8%$1.7B+68.6%
FY24$887M−37.8%$954M−35.0%$966M+18.7%$1.0B+27.1%
FY23$1.4B+20.9%$1.5B+22.9%$814M−20.3%$803M−33.6%
FY22$1.2B+43.3%$1.2B+37.5%$1.0B−4.6%$1.2B+5.6%
Share24%25%24%27%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+18.9%

FY2020
$2.25B
FY2025
$5.36B

5 years selected · on the chart

01—History

Net Income History

Year-over-year comparison from 10-K annual reports

  17. $5.36B
YoY changeLargest recent move+85.7%in FY17Latest +40.0%

2 older moves run past ±150% (largest +455.2%); point at, tap or drag across the bars to read one.

02—Ledger

Net Income, period by period

PeriodValueChangeSource
FY2025$5.36B+40.0%10-K
FY2024$3.83B−15.1%10-K
FY2023$4.51B−2.0%10-K
FY2022$4.61B+17.8%10-K
FY2021$3.91B+73.6%10-K
FY2020$2.25B+2.8%10-K
FY2019$2.19B−7.9%10-K
FY2018$2.38B+40.2%10-K
FY2017$1.70B+85.7%10-K
FY2016$914.0M+39.4%10-K
FY2015$655.6M+3.7%10-K
FY2014$632.3M+455.2%10-K
FY2013$113.9M−32.5%10-K
FY2012$168.7M−76.7%10-K
FY2011$723.7M+108.8%10-K
FY2010$346.7M+214.7%10-K
FY2009−$302.1M—10-K

03—Questions

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is LAM RESEARCH CORP's current net income?

LAM RESEARCH CORP (LRCX) annual net income for 2025 was $5.36B, a 39.98% increase from 2024. LAM RESEARCH CORP net income for the quarter ending March 29, 2026 was $1.83B.

What was LAM RESEARCH CORP's net income in 2024?

LAM RESEARCH CORP annual net income for 2024 was $3.83B, a 15.14% decline from 2023.

What was LAM RESEARCH CORP's net income in 2023?

LAM RESEARCH CORP annual net income for 2023 was $4.51B, a 2.05% decline from 2022.

What is LAM RESEARCH CORP's 5-year net income CAGR?

LAM RESEARCH CORP net income grew at a compound annual growth rate (CAGR) of 18.93% from FY2020 to FY2025, going from $2.25B to $5.36B over 5 years.

Company
LAM RESEARCH CORP
Ticker
LRCX
Sector
Industrial
Industry
Special Industry Machinery, NEC
View company profile →