LAM RESEARCH CORPORATION

LRCX · CIK 0000707549

17 fiscal years · 63 SEC filings · every number carries its receipt

Revenue (FY)

$18.44B23.7%

FY2025

Net income (FY)

$5.36B40.0%

FY2025

Free cash flow (FY)

$5.41B27.2%

FY2025

Diluted EPS (FY)

$4.1543.1%

FY2025

The story, charted

The shape of the business

FY2009–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 16.5× since FY2009 · net margin -27.1% → 29.1%

MarginsNet marginFCF margin

FY2025: net 29.1% · free cash flow 29.4% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $6.17B operating cash − $759.2M capex = $5.41B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 20% (FY2010) → 54% (FY2025) · on assets 25.1%

Balance sheetLiabilitiesEquity

FY2025: $21.35B assets · $11.48B liabilities · $9.86B equity

The receipts

LAM RESEARCH CORPORATION

LRCX · CIK 0000707549

17 fiscal years · 63 SEC filings · every number carries its receipt

Revenue (FY)

$18.44B23.7%

FY2025

Net income (FY)

$5.36B40.0%

FY2025

Free cash flow (FY)

$5.41B27.2%

FY2025

Diluted EPS (FY)

$4.1543.1%

FY2025

The story, charted

The shape of the business

FY2009–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 16.5× since FY2009 · net margin -27.1% → 29.1%

MarginsNet marginFCF margin

FY2025: net 29.1% · free cash flow 29.4% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $6.17B operating cash − $759.2M capex = $5.41B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 20% (FY2010) → 54% (FY2025) · on assets 25.1%

Balance sheetLiabilitiesEquity

FY2025: $21.35B assets · $11.48B liabilities · $9.86B equity

The receipts