Revenue for Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current revenue (TTM) is $21.68B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

LRCX
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TTM (last 4 quarters)
$21.68B
YoY change
+23.7%
5Y CAGR
+12.9%
Peak year (2025)
$18.44B
Cumulative revenue
$169.74B
Revenue history chart for Lam Research (LRCX) from 1986 to 2025
Revenue history table for Lam Research (LRCX) from 1986 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $18.44B | +23.7% | ||
| 2024 | $14.91B | -14.5% | ||
| 2023 | $17.43B | +1.2% | ||
| 2022 | $17.23B | +17.8% | ||
| 2021 | $14.63B | +45.6% | ||
| 2020 | $10.04B | +4.1% | ||
| 2019 | $9.65B | -12.9% | ||
| 2018 | $11.08B | +38.2% | ||
| 2017 | $8.01B | +36.1% | ||
| 2016 | $5.89B | +11.9% | ||
| 2015 | $5.26B | +14.2% | ||
| 2014 | $4.61B | +28.0% | ||
| 2013 | $3.60B | +35.0% | ||
| 2012 | $2.67B | -17.7% | ||
| 2011 | $3.24B | +51.7% | ||
| 2010 | $2.13B | +91.2% | ||
| 2009 | $1.12B | -54.9% | ||
| 2008 | $2.47B | -3.6% | ||
| 2007 | $2.57B | +56.3% | ||
| 2006 | $1.64B | +9.3% | ||
| 2005 | $1.50B | +60.5% | ||
| 2004 | $935.95M | +23.9% | ||
| 2003 | $755.23M | -19.9% | ||
| 2002 | $943.11M | -37.9% | ||
| 2001 | $1.52B | +23.5% | ||
| 2000 | $1.23B | +89.9% | ||
| 1999 | $647.96M | -38.4% | ||
| 1998 | $1.05B | +5.0% | ||
| 1997 | $1.00B | -23.5% | ||
| 1996 | $1.31B | +64.1% | ||
| 1995 | $798.21M | +64.6% | ||
| 1994 | $484.90M | +86.1% | ||
| 1993 | $260.50M | +57.3% | ||
| 1992 | $165.60M | +20.0% | ||
| 1991 | $138.00M | +0.5% | ||
| 1990 | $137.30M | +9.0% | ||
| 1989 | $126.00M | +68.0% | ||
| 1988 | $75.00M | +194.1% | ||
| 1987 | $25.50M | -25.9% | ||
| 1986 | $34.40M | — |
Revenue 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 revenue of $18.44B – grew 23.7% year-over-year.
Lam Research revenue has recorded the values shown across consecutive periods, with a +12.9% compound annual growth rate over 2020–2025 (5 years).
The highest annual revenue of $18.44B was reported in 2025. The lowest in the available history was $25.50M in 1987.
Within Technology, Lam Research (LRCX) ranks 9th among 8 peers we track. The peer median for revenue is $139.91B.
Lam Research Revenue by Year
Lam Research Revenue 2025: $18.44B
Lam Research revenue in 2025 was $18.44B, grew 23.7% from 2024. This figure represents the highest annual value in the available history.
Lam Research Revenue 2024: $14.91B
Lam Research revenue in 2024 was $14.91B, declined 14.5% below 2023.
Lam Research Revenue 2023: $17.43B
Lam Research revenue in 2023 was $17.43B, edged up 1.2% from 2022.
Lam Research Revenue 2022: $17.23B
Lam Research revenue in 2022 was $17.23B, grew 17.8% from 2021.
Lam Research Revenue 2021: $14.63B
Lam Research revenue in 2021 was $14.63B.
See more financial history for Lam Research (LRCX).
Sector peers — Revenue
Companies in the same sector as Lam Research, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $3.85T | Technology |
| Apple Inc. (AAPL) | $416.16B | Technology |
| Microsoft Corporation (MSFT) | $281.72B | Technology |
| NVIDIA Corporation (NVDA) | $215.94B | Technology |
| Broadcom Inc. (AVGO) | $63.89B | Technology |
| Micron Technology, Inc. (MU) | $37.38B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $34.64B | Technology |
| ASML Holding N.V. (ASML) | $32.67B | Technology |
Frequently asked questions
What is Lam Research's revenue?
- Latest reported revenue for Lam Research (LRCX) is $21.68B (period ending March 29, 2026).
How has Lam Research revenue changed year-over-year?
- Lam Research (LRCX) revenue changed +23.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Lam Research revenue?
- Lam Research (LRCX) revenue compound annual growth rate is +12.9% over the most recent 5 years available.
When did Lam Research revenue hit its highest annual value?
- Lam Research revenue reached its highest annual value of $18.44B in 2025.
What was Lam Research revenue in 2024?
- Lam Research (LRCX) revenue in 2024 was $14.91B.
What was Lam Research revenue in 2025?
- Lam Research (LRCX) revenue in 2025 was $18.44B.
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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