← LAM RESEARCH CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts receivable, less allowance of $6,496 as of June 29, 2025 and $5,277 as of June 30, 2024 | $1.3b | $1.7b | $2.2b | $1.5b | $2.1b | $3.0b | $4.3b | $2.8b | $2.5b | $3.4b | |
| Cash and Cash Equivalents, at Carrying Value | $5.0b | $2.4b | $4.5b | $3.7b | $4.9b | $4.4b | $3.5b | $5.3b | $5.8b | $6.4b | |
| Cash and cash equivalents | $5.0b | $2.4b | $4.5b | $3.7b | $4.9b | $4.4b | $3.5b | $5.3b | $5.8b | $6.4b | |
| Prepaid Expense and Other Assets, Current | $152.9m | $195.0m | $147.2m | $133.5m | $146.2m | $207.5m | $347.4m | $214.1m | $298.2m | $440.3m | |
| Prepaid expenses and other current assets | $152.9m | $195.0m | $147.2m | $133.5m | $146.2m | $207.5m | $347.4m | $214.1m | $298.2m | $440.3m | |
| Inventory, Net | $971.9m | $1.2b | $1.9b | $1.5b | $1.9b | $2.7b | $4.0b | $4.8b | $4.2b | $4.3b | |
| Assets, Current | $9.2b | $9.1b | $9.1b | $8.6b | $10.9b | $11.7b | $12.3b | $13.2b | $12.9b | $14.5b | |
| Total current assets | $9.2b | $9.1b | $9.1b | $8.6b | $10.9b | $11.7b | $12.3b | $13.2b | $12.9b | $14.5b | |
| Property, Plant and Equipment, Net | $639.6m | $685.6m | $902.5m | $1.1b | $1.1b | $1.3b | $1.6b | $1.8b | $2.1b | $2.4b | |
| Goodwill | $1.4b | $1.4b | $1.5b | $1.5b | $1.5b | $1.5b | $1.5b | $1.6b | $1.6b | $1.6b | |
| Goodwill and intangible assets, net | — | — | — | — | — | — | — | — | $1.8b | $1.8b | |
| Intangible Assets, Net (Excluding Goodwill) | $564.9m | $411.0m | $317.8m | $216.9m | $168.5m | $132.4m | $101.8m | $168.5m | $138.5m | $182.2m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $174.6m | $173.8m | $226.6m | $242.7m | $308.3m | $287.0m | |
| Other Assets, Noncurrent | $215.4m | $241.8m | $368.0m | $425.1m | $727.1m | $1.1b | $1.4b | $1.7b | $1.9b | $2.6b | |
| Other assets | $215.4m | $241.8m | $368.0m | $425.1m | $727.1m | $1.1b | $1.4b | $1.7b | $1.9b | $2.6b | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.3b | $1.7b | $2.2b | $1.5b | $2.1b | $3.0b | $4.3b | $2.8b | $2.5b | $3.4b | |
| Accrued Liabilities, Current | $772.9m | $969.4m | $1.3b | $946.6m | $1.3b | $1.7b | $2.0b | $2.0b | $1.8b | $2.4b | |
| Accrued expenses and other current liabilities | $772.9m | $969.4m | $1.3b | $946.6m | $1.3b | $1.7b | $2.0b | $2.0b | $1.8b | $2.4b | |
| Deferred profit | $349.2m | $607.7m | $720.1m | $381.3m | $457.5m | $967.3m | $1.6b | $1.7b | $1.4b | $2.6b | |
| Income taxes payable | $231.5m | $120.2m | $851.9m | $892.8m | $909.7m | $948.0m | $931.1m | $882.1m | $813.3m | $603.4m | |
| Total stockholders’ equity | $5.9b | $6.8b | $6.5b | $4.7b | $5.2b | $6.0b | $6.3b | $8.2b | $8.5b | $9.9b | |
| Assets | $12.3b | $12.1b | $12.5b | $12.0b | $14.6b | $15.9b | $17.2b | $18.8b | $18.7b | $21.3b | |
| Total assets | $12.3b | $12.1b | $12.5b | $12.0b | $14.6b | $15.9b | $17.2b | $18.8b | $18.7b | $21.3b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total liabilities and stockholders’ equity | $12.3b | $12.1b | $12.5b | $12.0b | $14.6b | $15.9b | $17.2b | $18.8b | $18.7b | $21.3b | |
| Current liabilities: | |||||||||||
| Accounts Payable, Current | $348.2m | $464.6m | $511.0m | $376.6m | $592.4m | $829.7m | $1.0b | $470.7m | $614.0m | $854.2m | |
| Current portion of long-term debt and finance lease obligations | $949.5m | $908.4m | — | — | $839.9m | $11.3m | $7.4m | $8.4m | $504.8m | $754.3m | |
| Dividends Payable | $48.1m | $72.7m | $174.4m | $158.9m | $167.1m | $185.4m | $205.6m | $231.3m | $260.9m | $292.0m | |
| Dividends Payable, Current | $48.1m | $72.7m | $174.4m | $158.9m | $167.1m | $185.4m | $205.6m | $231.3m | $260.9m | $292.0m | |
| Long-term Debt, Current Maturities | $942.3m | $907.8m | $608.5m | $662.3m | $836.1m | $0 | $5.0b | $421k | $501.3m | $749.7m | |
| Long-term Debt, Excluding Current Maturities | $3.4b | $1.8b | $1.8b | $3.8b | $5.0b | $5.0b | $5.0b | $5.0b | $4.5b | $3.7b | |
| Operating Lease, Liability, Current | — | — | — | — | $49.5m | $45.3m | $54.1m | $64.7m | $64.4m | $78.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | $123.9m | $118.4m | $164.6m | $172.9m | $223.3m | $193.3m | |
| Trade accounts payable | $348.2m | $464.6m | $511.0m | $376.6m | $592.4m | $829.7m | $1.0b | $470.7m | $614.0m | $854.2m | |
| Liabilities, Current | $2.4b | $3.0b | $3.2b | $2.4b | $3.2b | $3.5b | $4.6b | $4.2b | $4.3b | $6.6b | |
| Total current liabilities | $2.4b | $3.0b | $3.2b | $2.4b | $3.2b | $3.5b | $4.6b | $4.2b | $4.3b | $6.6b | |
| Long-term debt and finance lease obligations | $3.4b | $1.8b | $1.8b | $3.8b | $5.0b | $5.0b | $5.0b | $5.0b | $4.5b | $3.7b | |
| Other Liabilities, Noncurrent | $134.6m | $280.2m | $90.6m | $190.8m | $332.6m | $398.7m | $422.9m | $501.3m | $575.0m | $581.6m | |
| Other long-term liabilities | $134.6m | $280.2m | $90.6m | $190.8m | $332.6m | $398.7m | $422.9m | $501.3m | $575.0m | $581.6m | |
| Deferred Tax Liabilities, Net | $66.2m | $153.0m | — | — | — | — | — | — | — | — | |
| Liabilities | $6.2b | $5.1b | $5.9b | $7.3b | $9.4b | $9.9b | $10.9b | $10.6b | $10.2b | $11.5b | |
| Total liabilities | $6.2b | $5.1b | $5.9b | $7.3b | $9.4b | $9.9b | $10.9b | $10.6b | $10.2b | $11.5b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($69.3m) | ($61.7m) | ($57.4m) | ($64.0m) | ($94.2m) | ($64.1m) | ($110.0m) | ($100.7m) | ($130.4m) | ($62.4m) | |
| Accumulated other comprehensive loss | ($69.3m) | ($61.7m) | ($57.4m) | ($64.0m) | ($94.2m) | ($64.1m) | ($110.0m) | ($100.7m) | ($130.4m) | ($62.4m) | |
| Additional Paid in Capital | $5.6b | $5.8b | $6.1b | $6.4b | $6.7b | $7.1b | $7.4b | $7.8b | $8.2b | $8.7b | |
| Common Stock, Value, Issued | $160k | $162k | $157k | $144k | $145k | $143k | $137k | $133k | $130k | $1.3m | |
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $4.8b | $6.2b | $8.3b | $9.9b | $11.5b | $14.7b | $18.5b | $22.0b | $24.8b | $29.0b | |
| Treasury stock, at cost, 1,687,582 shares as of June 29, 2025, and 1,648,239 shares as of June 30, 2024 | — | — | — | — | — | — | ($19.5b) | ($21.5b) | ($24.4b) | ($27.8b) | |
| Stockholders' Equity Attributable to Parent | $5.9b | $6.8b | $6.5b | $4.7b | $5.2b | $6.0b | $6.3b | $8.2b | $8.5b | $9.9b | |
| Liabilities and Equity | $12.3b | $12.1b | $12.5b | $12.0b | $14.6b | $15.9b | $17.2b | $18.8b | $18.7b | $21.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.