← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.9b | $8.0b | $11.1b | $9.7b | $10.0b | $14.6b | $17.2b | $17.4b | $14.9b | $18.4b | |
| Cost of Revenue | $3.3b | $4.4b | $5.9b | $5.3b | $5.4b | $7.8b | $9.4b | $9.7b | $7.9b | $9.5b | |
| Gross Profit | $2.6b | $3.6b | $5.2b | $4.4b | $4.6b | $6.8b | $7.9b | $7.8b | $7.1b | $9.0b | |
| Operating Expenses | $1.5b | $1.7b | $2.0b | $1.9b | $1.9b | $2.3b | $2.5b | $2.6b | $2.8b | $3.1b | |
| Operating Income (Loss) | $1.1b | $1.9b | $3.2b | $2.5b | $2.7b | $4.5b | $5.4b | $5.2b | $4.3b | $5.9b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $156.3m | $154.6m | $161.2m | $127.3m | $66.2m | $70.6m | $78.0m | $51.5m | $56.3m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $308k | ($569k) | ($3.4m) | $826k | ($3.3m) | ($7.0m) | ($723k) | ($7.1m) | ($4.8m) | ($26.4m) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($113.6m) | $7.6m | $128.2m | ($59.9m) | $44.7m | $120.2m | $87.9m | $151.8m | $282.7m | $219.4m | |
| Investment Income, Interest | $29.5m | $57.9m | $85.8m | $98.8m | $85.4m | $19.7m | $15.2m | $139.0m | $251.9m | $231.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | $5.2b | $5.1b | $4.4b | $6.0b | |
| Net Income (Loss) Attributable to Parent | $914.0m | $1.7b | $2.4b | $2.2b | $2.3b | $3.9b | $4.6b | $4.5b | $3.8b | $5.4b | |
| Earnings Per Share, Basic | $0.57 | $1.05 | $1.47 | $1.44 | $1.56 | $2.72 | $3.29 | $3.33 | $29.13 | $4.17 | |
| Earnings Per Share, Diluted | $0.52 | $0.92 | $1.32 | $1.37 | $1.51 | $2.69 | $3.27 | $3.32 | $29.00 | $4.15 | |
| Common Stock, Dividends, Per Share, Declared | $0.12 | $0.16 | $0.26 | $0.44 | $0.46 | $0.52 | $0.60 | $0.69 | $8.00 | $0.92 | |
| Weighted Average Number of Shares Outstanding, Basic | 1.6b | 1.6b | 1.6b | 1.5b | 1.4b | 1.4b | 1.4b | 1.4b | 131.4m | 1.3b | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.8b | 1.8b | 1.8b | 1.6b | 1.5b | 1.5b | 1.4b | 1.4b | 132.0m | 1.3b | |
| Selling, General and Administrative Expense | $631.0m | $667.5m | $762.2m | $702.4m | $682.5m | $829.9m | $885.7m | $832.8m | $868.2m | $981.7m | |
| Other Nonoperating Income (Expense) | ($114.1m) | ($90.5m) | ($61.5m) | ($18.2m) | ($98.8m) | ($111.2m) | ($188.7m) | ($65.7m) | $96.3m | $57.2m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $185.2m | $178.2m | |
| Interest Expense | $134.8m | $117.7m | $97.4m | $117.3m | $177.4m | $208.6m | $184.8m | $186.5m | — | — | |
| Interest Expense, Debt | $133.9m | $115.7m | $91.4m | $110.2m | $176.4m | $205.0m | $181.7m | $181.9m | $183.0m | $177.2m | |
| Research and Development Expense | $913.7m | $1.0b | $1.2b | $1.2b | $1.3b | $1.5b | $1.6b | $1.7b | $1.9b | $2.1b | |
| Income Tax Expense (Benefit) | $46.1m | $113.9m | $771.1m | $255.1m | $323.2m | $462.3m | $587.8m | $598.3m | $532.5m | $599.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.