TTM
$8.2B
YoY change
+39.0%
5Y CAGR
+12.8%
Peak year (FY2026)
$8.2B
Cumulative operating income
$50B
Operating Income history chart for Lam Research (LRCX) from 2017 to 2026
Latest: $8.2B
Operating Income growth chart for Lam Research (LRCX) from 2017 to 2026
Latest: +39.0%
Operating Income history table for Lam Research (LRCX) from 1986 to 2026
| FY2026 | $8.2B | +39.0% | +$2.3B | ||
| FY2025 | $5.9B | +38.4% | +$1.64B | ||
| FY2024 | $4.26B | -17.6% | -$911M | ||
| FY2023 | $5.17B | -3.8% | -$207M | ||
| FY2022 | $5.38B | +20.1% | +$900M | ||
| FY2021 | $4.48B | +67.6% | +$1.81B | ||
| FY2020 | $2.67B | +8.5% | +$209M | ||
| FY2019 | $2.46B | -23.3% | -$749M | ||
| FY2018 | $3.21B | +68.9% | +$1.31B | ||
| FY2017 | $1.9B | +77.1% | +$828M | ||
| FY2016 | $1.07B | +36.3% | +$286M | ||
| FY2015 | $788M | +16.3% | +$110M | ||
| FY2014 | $678M | +474.0% | +$560M | ||
| FY2013 | $118M | -50.3% | -$120M | ||
| FY2012 | $238M | -70.4% | -$567M | ||
| FY2011 | $804M | +89.1% | +$379M | ||
| FY2010 | $425M | -251.3% | +$707M | ||
| FY2009 | -$281M | -155.2% | -$791M | ||
| FY2008 | $509M | -34.6% | -$269M | ||
| FY2007 | $779M | +92.4% | +$374M | ||
| FY2006 | $405M | +3.5% | +$13.8M | ||
| FY2005 | $391M | +268.2% | +$285M | ||
| FY2004 | $106M | -2071.8% | +$112M | ||
| FY2003 | -$5.39M | -95.5% | +$114M | ||
| FY2002 | -$120M | -164.2% | -$306M | ||
| FY2001 | $187M | -18.8% | -$43.3M | ||
| FY2000 | $230M | -303.0% | +$343M | ||
| FY1999 | -$113M | -37.4% | +$67.7M | ||
| FY1998 | -$181M | +183.6% | -$117M | ||
| FY1997 | -$63.8M | -132.5% | -$260M | ||
| FY1996 | $196M | +65.6% | +$77.7M | ||
| FY1995 | $118M | +129.9% | +$66.9M | ||
| FY1994 | $51.5M | +118.2% | +$27.9M | ||
| FY1993 | $23.6M | +156.5% | +$14.4M | ||
| FY1992 | $9.2M | +170.6% | +$5.8M | ||
| FY1991 | $3.4M | -128.6% | +$15.3M | ||
| FY1990 | -$11.9M | -236.8% | -$20.6M | ||
| FY1989 | $8.7M | +222.2% | +$6M | ||
| FY1988 | $2.7M | -151.9% | +$7.9M | ||
| FY1987 | -$5.2M | +642.9% | -$4.5M | ||
| FY1986 | -$700K | — | — |
- FY2026$8.2B+39.0%
- FY2025$5.9B+38.4%
- FY2024$4.26B-17.6%
- FY2023$5.17B-3.8%
- FY2022$5.38B+20.1%
- FY2021$4.48B+67.6%
- FY2020$2.67B+8.5%
- FY2019$2.46B-23.3%
- FY2018$3.21B+68.9%
- FY2017$1.9B+77.1%
- FY2016$1.07B+36.3%
- FY2015$788M+16.3%
- FY2014$678M+474.0%
- FY2013$118M-50.3%
- FY2012$238M-70.4%
- FY2011$804M+89.1%
- FY2010$425M-251.3%
- FY2009-$281M-155.2%
- FY2008$509M-34.6%
- FY2007$779M+92.4%
- FY2006$405M+3.5%
- FY2005$391M+268.2%
- FY2004$106M-2071.8%
- FY2003-$5.39M-95.5%
- FY2002-$120M-164.2%
- FY2001$187M-18.8%
- FY2000$230M-303.0%
- FY1999-$113M-37.4%
- FY1998-$181M+183.6%
- FY1997-$63.8M-132.5%
- FY1996$196M+65.6%
- FY1995$118M+129.9%
- FY1994$51.5M+118.2%
- FY1993$23.6M+156.5%
- FY1992$9.2M+170.6%
- FY1991$3.4M-128.6%
- FY1990-$11.9M-236.8%
- FY1989$8.7M+222.2%
- FY1988$2.7M-151.9%
- FY1987-$5.2M+642.9%
- FY1986-$700K—
Operating 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 Operating Income at Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current operating income (TTM) is $8.2B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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 operating income of $8.2B – surged 39.0% year-over-year.
Through 2021–2026 (5 years), Lam Research operating income delivered a +12.8% annualised rate; sustaining 2 straight years of year-over-year growth.
Across the available history, operating income reached its high of $8.2B in 2026 and its low of -$281M in 2009.
Lam Research Operating Income by Year
Lam Research Operating Income 2026: $8.2B
Lam Research posted operating income of $8.2B in 2026, surged 39.0% from 2025. This figure represents the highest annual value in the available history.
Lam Research Operating Income 2025: $5.9B
In 2025, Lam Research reported operating income of $5.9B, surged 38.4% from 2024.
Lam Research Operating Income 2024: $4.26B
Lam Research operating income in 2024 was $4.26B, declined 17.6% below 2023.
Lam Research Operating Income 2023: $5.17B
2023's operating income for Lam Research came in at $5.17B, edged down 3.8% below 2022.
Lam Research Operating Income 2022: $5.38B
Lam Research operating income in 2022 was $5.38B.
See more financial history for Lam Research (LRCX).
Sector peers by Operating Income
Technology peers of Lam Research (LRCX), ranked by their latest operating income
| $155B | |
| $133B | |
| $130B | |
| $63.1B | |
| $25.5B | |
| $9.87B | |
| $3.69B |
- $155B
- $133B
- $130B
- $63.1B
- $25.5B
- $9.87B
- $3.69B
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