TTM
$7.27B
YoY change
+35.6%
5Y CAGR
+13.2%
Peak year (FY2026)
$7.27B
Cumulative net income
$43.3B
Net Income history chart for Lam Research (LRCX) from 2017 to 2026
Latest: $7.27B
Net Income growth chart for Lam Research (LRCX) from 2017 to 2026
Latest: +35.6%
Net Income history table for Lam Research (LRCX) from 1986 to 2026
| FY2026 | $7.27B | +35.6% | +$1.91B | ||
| FY2025 | $5.36B | +40.0% | +$1.53B | ||
| FY2024 | $3.83B | -15.1% | -$683M | ||
| FY2023 | $4.51B | -2.0% | -$94.4M | ||
| FY2022 | $4.61B | +17.8% | +$697M | ||
| FY2021 | $3.91B | +73.6% | +$1.66B | ||
| FY2020 | $2.25B | +2.8% | +$60.3M | ||
| FY2019 | $2.19B | -7.9% | -$189M | ||
| FY2018 | $2.38B | +40.2% | +$683M | ||
| FY2017 | $1.7B | +85.7% | +$784M | ||
| FY2016 | $914M | +39.4% | +$258M | ||
| FY2015 | $656M | +3.7% | +$23.3M | ||
| FY2014 | $632M | +455.2% | +$518M | ||
| FY2013 | $114M | -32.5% | -$54.8M | ||
| FY2012 | $169M | -76.7% | -$555M | ||
| FY2011 | $724M | +108.8% | +$377M | ||
| FY2010 | $347M | -214.7% | +$649M | ||
| FY2009 | -$302M | -168.8% | -$741M | ||
| FY2008 | $439M | -35.9% | -$246M | ||
| FY2007 | $686M | +104.3% | +$350M | ||
| FY2006 | $336M | +12.2% | +$36.4M | ||
| FY2005 | $299M | +260.7% | +$216M | ||
| FY2004 | $83M | -1172.3% | +$90.7M | ||
| FY2003 | -$7.74M | -91.4% | +$82.3M | ||
| FY2002 | -$90.1M | -272.8% | -$142M | ||
| FY2001 | $52.1M | -74.6% | -$153M | ||
| FY2000 | $205M | -281.3% | +$318M | ||
| FY1999 | -$113M | -21.9% | +$31.7M | ||
| FY1998 | -$145M | +329.9% | -$111M | ||
| FY1997 | -$33.6M | -123.1% | -$180M | ||
| FY1996 | $146M | +63.5% | +$56.7M | ||
| FY1995 | $89.2M | +136.0% | +$51.4M | ||
| FY1994 | $37.8M | +100.0% | +$18.9M | ||
| FY1993 | $18.9M | +90.9% | +$9M | ||
| FY1992 | $9.9M | +62.3% | +$3.8M | ||
| FY1991 | $6.1M | -169.3% | +$14.9M | ||
| FY1990 | -$8.8M | -194.6% | -$18.1M | ||
| FY1989 | $9.3M | +304.3% | +$7M | ||
| FY1988 | $2.3M | -185.2% | +$5M | ||
| FY1987 | -$2.7M | -258.8% | -$4.4M | ||
| FY1986 | $1.7M | — | — |
- FY2026$7.27B+35.6%
- FY2025$5.36B+40.0%
- FY2024$3.83B-15.1%
- FY2023$4.51B-2.0%
- FY2022$4.61B+17.8%
- FY2021$3.91B+73.6%
- FY2020$2.25B+2.8%
- FY2019$2.19B-7.9%
- FY2018$2.38B+40.2%
- FY2017$1.7B+85.7%
- FY2016$914M+39.4%
- FY2015$656M+3.7%
- FY2014$632M+455.2%
- FY2013$114M-32.5%
- FY2012$169M-76.7%
- FY2011$724M+108.8%
- FY2010$347M-214.7%
- FY2009-$302M-168.8%
- FY2008$439M-35.9%
- FY2007$686M+104.3%
- FY2006$336M+12.2%
- FY2005$299M+260.7%
- FY2004$83M-1172.3%
- FY2003-$7.74M-91.4%
- FY2002-$90.1M-272.8%
- FY2001$52.1M-74.6%
- FY2000$205M-281.3%
- FY1999-$113M-21.9%
- FY1998-$145M+329.9%
- FY1997-$33.6M-123.1%
- FY1996$146M+63.5%
- FY1995$89.2M+136.0%
- FY1994$37.8M+100.0%
- FY1993$18.9M+90.9%
- FY1992$9.9M+62.3%
- FY1991$6.1M-169.3%
- FY1990-$8.8M-194.6%
- FY1989$9.3M+304.3%
- FY1988$2.3M-185.2%
- FY1987-$2.7M-258.8%
- FY1986$1.7M—
Net Income values are taken from Lam Research's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current net income (TTM) is $7.27B. 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 .
As of the 2026 fiscal year, Lam Research (LRCX) reported net income of $7.27B – surged 35.6% year-over-year.
Through 2021–2026 (5 years), Lam Research net income delivered a +13.2% annualised rate; sustaining 2 straight years of year-over-year growth.
2026 marks the peak net income at $7.27B, with the historical low of -$302M recorded in 2009.
Lam Research Net Income by Year
Lam Research Net Income 2026: $7.27B
Lam Research posted net income of $7.27B in 2026, surged 35.6% from 2025. This figure represents the highest annual value in the available history.
Lam Research Net Income 2025: $5.36B
In 2025, Lam Research reported net income of $5.36B, surged 40.0% from 2024.
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
2023's net income for Lam Research came in at $4.51B, edged down 2.0% below 2022.
Lam Research Net Income 2022: $4.61B
Lam Research net income in 2022 was $4.61B.
See more financial history for Lam Research (LRCX).
Sector peers by Net Income
Technology peers of Lam Research (LRCX), ranked by their latest net income
| $134B | |
| $120B | |
| $112B | |
| $56B | |
| $23.1B | |
| $8.54B | |
| $4.34B |
- $134B
- $120B
- $112B
- $56B
- $23.1B
- $8.54B
- $4.34B
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- Buybacks0.75% TTM
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