LAM RESEARCH CORP Net Income 2009-2026 | LRCX
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 December 28, 2025 was $1.59B.
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.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| 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 |