Net Income for Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current net income (TTM) is $6.71B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
LRCX
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$6.71B
YoY change
+40.0%
5Y CAGR
+18.9%
Peak year (2025)
$5.36B
Cumulative net income
$36.01B
Net Income history chart for Lam Research (LRCX) from 1986 to 2025
Net Income history table for Lam Research (LRCX) from 1986 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $5.36B | +40.0% | ||
| 2024 | $3.83B | -15.1% | ||
| 2023 | $4.51B | -2.0% | ||
| 2022 | $4.61B | +17.8% | ||
| 2021 | $3.91B | +73.6% | ||
| 2020 | $2.25B | +2.8% | ||
| 2019 | $2.19B | -7.9% | ||
| 2018 | $2.38B | +40.2% | ||
| 2017 | $1.70B | +85.7% | ||
| 2016 | $914.05M | +39.4% | ||
| 2015 | $655.58M | +3.7% | ||
| 2014 | $632.29M | +455.2% | ||
| 2013 | $113.88M | -32.5% | ||
| 2012 | $168.72M | -76.7% | ||
| 2011 | $723.75M | +108.8% | ||
| 2010 | $346.67M | -214.7% | ||
| 2009 | -$302.15M | -168.8% | ||
| 2008 | $439.35M | -35.9% | ||
| 2007 | $685.82M | +104.3% | ||
| 2006 | $335.75M | +12.2% | ||
| 2005 | $299.34M | +260.7% | ||
| 2004 | $82.99M | -1172.3% | ||
| 2003 | -$7.74M | -91.4% | ||
| 2002 | -$90.05M | -272.8% | ||
| 2001 | $52.11M | -74.6% | ||
| 2000 | $204.76M | -281.3% | ||
| 1999 | -$112.91M | -21.9% | ||
| 1998 | -$144.60M | +329.9% | ||
| 1997 | -$33.63M | -123.1% | ||
| 1996 | $145.90M | +63.5% | ||
| 1995 | $89.21M | +136.0% | ||
| 1994 | $37.80M | +100.0% | ||
| 1993 | $18.90M | +90.9% | ||
| 1992 | $9.90M | +62.3% | ||
| 1991 | $6.10M | -169.3% | ||
| 1990 | -$8.80M | -194.6% | ||
| 1989 | $9.30M | +304.3% | ||
| 1988 | $2.30M | -185.2% | ||
| 1987 | -$2.70M | -258.8% | ||
| 1986 | $1.70M | — |
Net Income 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 net income of $5.36B – surged 40.0% year-over-year.
Through 2020–2025 (5 years), Lam Research net income delivered a +18.9% annualised rate; with the latest reading among the more recent periods of the dataset.
2025 marks the peak net income at $5.36B, with the historical low of -$302.15M recorded in 2009.
Lam Research (LRCX) sits 8th of 8 Technology peers we track on this metric, against a peer median of $62.48B.
Lam Research Net Income by Year
Lam Research Net Income 2025: $5.36B
Lam Research net income in 2025 was $5.36B, surged 40.0% from 2024. This figure represents the highest annual value in the available history.
Lam Research Net Income 2024: $3.83B
Lam Research net income in 2024 was $3.83B, declined 15.1% below 2023.
Lam Research Net Income 2023: $4.51B
Lam Research net income in 2023 was $4.51B, edged down 2.0% below 2022.
Lam Research Net Income 2022: $4.61B
Lam Research net income in 2022 was $4.61B, grew 17.8% from 2021.
Lam Research Net Income 2021: $3.91B
Lam Research net income in 2021 was $3.91B.
See more financial history for Lam Research (LRCX).
Sector peers — Net Income
Companies in the same sector as Lam Research, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Lam Research's net income?
- Latest reported net income for Lam Research (LRCX) is $6.71B (period ending March 29, 2026).
How has Lam Research net income changed year-over-year?
- Lam Research (LRCX) net income changed +40.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Lam Research net income?
- Lam Research (LRCX) net income compound annual growth rate is +18.9% over the most recent 5 years available.
When did Lam Research net income hit its highest annual value?
- Lam Research net income reached its highest annual value of $5.36B in 2025.
What was Lam Research net income in 2024?
- Lam Research (LRCX) net income in 2024 was $3.83B.
What was Lam Research net income in 2025?
- Lam Research (LRCX) net income in 2025 was $5.36B.
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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