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Shares Outstanding for Lam Research (LRCX)

According to Lam Research's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.26B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

1.26B

YoY change

-2.3%

5Y CAGR

-2.9%

Peak year (2017)

1.84B

Latest annual

1.29B

Shares Outstanding history chart for Lam Research (LRCX) from 1986 to 2025

Shares Outstanding history table for Lam Research (LRCX) from 1986 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
20251.29B-2.3%
20241.32B-2.8%
20231.36B-3.4%
20221.41B-3.2%
20211.45B-2.5%
20201.49B-6.8%
20191.60B-11.5%
20181.81B-1.6%
20171.84B+4.9%
20161.75B-1.1%
20151.77B+1.5%
20141.75B+0.6%
20131.73B+38.5%
20121.25B+0.2%
20111.25B-2.4%
20101.28B+2.0%
20091.26B-0.7%
20081.27B-10.6%
20071.42B-1.6%
20061.44B+1.1%
20051.42B-7.5%
20041.54B+21.7%
20031.26B-0.0%
20021.26B-4.5%
20011.32B-7.7%
20001.43B+24.1%
19991.15B+1.1%
19981.14B+24.4%
1997918.00M-16.9%
19961.11B+21.6%
1995909.00M+5.8%
1994859.09M+18.2%
1993726.92M+17.5%
1992618.75M+11.6%
1991554.55M+7.1%
1990517.65M+5.8%
1989489.47M+6.4%
1988460.00M+36.3%
1987337.50M-0.7%
1986340.00M

Shares Outstanding 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

2025's annual diluted shares outstanding for Lam Research (LRCX) came in at 1.29B – edged down 2.3% year-over-year.

Over 2020–2025 (5 years), Lam Research diluted shares outstanding expanded at a -2.9% compound annual rate, with a net decline across the window.

Lam Research diluted shares outstanding declined from 1.84B in 2017 to 1.29B in 2025, a 29.8% drawdown.

The highest annual diluted shares outstanding of 1.84B was reported in 2017. The lowest in the available history was 337.50M in 1987.

Within Technology, Lam Research (LRCX) ranks 7th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.

Lam Research Shares Outstanding by Year

Lam Research Shares Outstanding 2025: 1.29B

Lam Research diluted shares outstanding in 2025 was 1.29B, edged down 2.3% below 2024.

Lam Research Shares Outstanding 2024: 1.32B

Lam Research diluted shares outstanding in 2024 was 1.32B, edged down 2.8% below 2023.

Lam Research Shares Outstanding 2023: 1.36B

Lam Research diluted shares outstanding in 2023 was 1.36B, edged down 3.4% below 2022.

Lam Research Shares Outstanding 2022: 1.41B

Lam Research diluted shares outstanding in 2022 was 1.41B, edged down 3.2% below 2021.

Lam Research Shares Outstanding 2021: 1.45B

Lam Research diluted shares outstanding in 2021 was 1.45B.

See more financial history for Lam Research (LRCX).

Sector peers — Shares Outstanding

Companies in the same sector as Lam Research, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
NVIDIA Corporation (NVDA)24.43BTechnology
Apple Inc. (AAPL)15.00BTechnology
Microsoft Corporation (MSFT)7.46BTechnology
Taiwan Semiconductor Manufacturing Company Limited (TSM)5.19BTechnology
Broadcom Inc. (AVGO)4.85BTechnology
Advanced Micro Devices, Inc. (AMD)1.64BTechnology
Micron Technology, Inc. (MU)1.13BTechnology
ASML Holding N.V. (ASML)388.90MTechnology

Frequently asked questions

What is Lam Research's diluted shares outstanding?

Latest reported diluted shares outstanding for Lam Research (LRCX) is 1.26B (period ending March 29, 2026).

How has Lam Research diluted shares outstanding changed year-over-year?

Lam Research (LRCX) diluted shares outstanding changed -2.3% year-over-year on the latest annual filing.

What is the long-term growth rate of Lam Research diluted shares outstanding?

Lam Research (LRCX) diluted shares outstanding compound annual growth rate is -2.9% over the most recent 5 years available.

When did Lam Research diluted shares outstanding hit its highest annual value?

Lam Research diluted shares outstanding reached its highest annual value of 1.84B in 2017.

What was Lam Research diluted shares outstanding in 2024?

Lam Research (LRCX) diluted shares outstanding in 2024 was 1.32B.

What was Lam Research diluted shares outstanding in 2025?

Lam Research (LRCX) diluted shares outstanding in 2025 was 1.29B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.