Gross Profit for Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current gross profit (TTM) is $10.84B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LRCX
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$10.84B
YoY change
+27.3%
5Y CAGR
+14.3%
Peak year (2025)
$8.98B
Cumulative gross profit
$77.46B
Gross Profit history chart for Lam Research (LRCX) from 1986 to 2025
Gross Profit history table for Lam Research (LRCX) from 1986 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $8.98B | +27.3% | ||
| 2024 | $7.05B | -9.3% | ||
| 2023 | $7.78B | -1.2% | ||
| 2022 | $7.87B | +15.7% | ||
| 2021 | $6.81B | +47.7% | ||
| 2020 | $4.61B | +5.7% | ||
| 2019 | $4.36B | -15.6% | ||
| 2018 | $5.17B | +43.3% | ||
| 2017 | $3.60B | +37.6% | ||
| 2016 | $2.62B | +14.6% | ||
| 2015 | $2.28B | +13.8% | ||
| 2014 | $2.01B | +43.1% | ||
| 2013 | $1.40B | +29.4% | ||
| 2012 | $1.08B | -27.6% | ||
| 2011 | $1.50B | +54.4% | ||
| 2010 | $969.93M | +149.5% | ||
| 2009 | $388.73M | -66.9% | ||
| 2008 | $1.17B | -10.1% | ||
| 2007 | $1.31B | +57.8% | ||
| 2006 | $827.01M | +8.3% | ||
| 2005 | $763.46M | +77.1% | ||
| 2004 | $431.05M | +41.9% | ||
| 2003 | $303.83M | +14.2% | ||
| 2002 | $266.09M | -59.5% | ||
| 2001 | $657.47M | +21.8% | ||
| 2000 | $539.61M | +131.2% | ||
| 1999 | $233.36M | -42.5% | ||
| 1998 | $406.07M | +29.8% | ||
| 1997 | $312.94M | -52.3% | ||
| 1996 | $655.70M | +72.8% | ||
| 1995 | $379.39M | +59.9% | ||
| 1994 | $237.30M | +78.0% | ||
| 1993 | $133.30M | +49.4% | ||
| 1992 | $89.20M | +32.9% | ||
| 1991 | $67.10M | 0.0% | ||
| 1990 | $67.10M | +10.0% | ||
| 1989 | $61.00M | +52.9% | ||
| 1988 | $39.90M | +175.2% | ||
| 1987 | $14.50M | -22.0% | ||
| 1986 | $18.60M | — |
Gross Profit values are taken from Lam Research's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Lam Research (LRCX) reported gross profit of $8.98B – grew 27.3% year-over-year.
Through 2020–2025 (5 years), Lam Research gross profit delivered a +14.3% annualised rate; with the latest reading among the more recent periods of the dataset.
Across the available history, gross profit reached its high of $8.98B in 2025 and its low of $14.50M in 1987.
Among 8 Technology peers, Lam Research (LRCX) ranks 9th; the peer median for gross profit is $98.38B.
Lam Research Gross Profit by Year
Lam Research Gross Profit 2025: $8.98B
Lam Research gross profit in 2025 was $8.98B, grew 27.3% from 2024. This figure represents the highest annual value in the available history.
Lam Research Gross Profit 2024: $7.05B
Lam Research gross profit in 2024 was $7.05B, declined 9.3% below 2023.
Lam Research Gross Profit 2023: $7.78B
Lam Research gross profit in 2023 was $7.78B, edged down 1.2% below 2022.
Lam Research Gross Profit 2022: $7.87B
Lam Research gross profit in 2022 was $7.87B, grew 15.7% from 2021.
Lam Research Gross Profit 2021: $6.81B
Lam Research gross profit in 2021 was $6.81B.
See more financial history for Lam Research (LRCX).
Sector peers — Gross Profit
Companies in the same sector as Lam Research, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Lam Research's gross profit?
- Latest reported gross profit for Lam Research (LRCX) is $10.84B (period ending March 29, 2026).
How has Lam Research gross profit changed year-over-year?
- Lam Research (LRCX) gross profit changed +27.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Lam Research gross profit?
- Lam Research (LRCX) gross profit compound annual growth rate is +14.3% over the most recent 5 years available.
When did Lam Research gross profit hit its highest annual value?
- Lam Research gross profit reached its highest annual value of $8.98B in 2025.
What was Lam Research gross profit in 2024?
- Lam Research (LRCX) gross profit in 2024 was $7.05B.
What was Lam Research gross profit in 2025?
- Lam Research (LRCX) gross profit in 2025 was $8.98B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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