Lam Research net income 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Lam Research earned 2.75B USD in Q1 FY2027, the three months to 27 September 2026, up 75.5% on the same quarter a year before. Lam Research's net income over the last twelve months was 8.45B USD, up 45.4% on the twelve months before. In fiscal year 2026 it earned 7.27B USD, up 35.6% on the year before.
Last updated 8 Nov 2026 · Next report 27 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 27 Sept 2026 | 8.45B | +45.43% | 32.34% | 26.13B |
| FY2026 | 28 Jun 2026 | 7.27B | +35.59% | 31.27% | 23.23B |
| FY2025 | 29 Jun 2025 | 5.36B | +39.98% | 29.06% | 18.44B |
| FY2024 | 30 Jun 2024 | 3.83B | -15.14% | 25.68% | 14.91B |
| FY2023 | 25 Jun 2023 | 4.51B | -2.05% | 25.89% | 17.43B |
| FY2022 | 26 Jun 2022 | 4.61B | +17.83% | 26.73% | 17.23B |
| FY2021 | 27 Jun 2021 | 3.91B | +73.57% | 26.72% | 14.63B |
| FY2020 | 28 Jun 2020 | 2.25B | +2.75% | 22.42% | 10.04B |
| FY2019 | 30 Jun 2019 | 2.19B | -7.95% | 22.70% | 9.65B |
| FY2018 | 30 Jun 2018 | 2.38B | +40.22% | 21.49% | 11.08B |
| FY2017 | 30 Jun 2017 | 1.70B | +85.74% | 21.19% | 8.01B |
| FY2016 | 30 Jun 2016 | 914.05M | +39.43% | 15.53% | 5.89B |
| FY2015 | 30 Jun 2015 | 655.58M | +3.68% | 12.47% | 5.26B |
| FY2014 | 30 Jun 2014 | 632.29M | +455.23% | 13.72% | 4.61B |
| FY2013 | 30 Jun 2013 | 113.88M | -32.51% | 3.16% | 3.60B |
| FY2012 | 30 Jun 2012 | 168.72M | -76.69% | 6.33% | 2.67B |
| FY2011 | 30 Jun 2011 | 723.75M | +108.77% | 22.35% | 3.24B |
| FY2010 | 30 Jun 2010 | 346.67M | — | 16.25% | 2.13B |
| FY2009 | 30 Jun 2009 | -302.15M | -168.77% | -27.08% | 1.12B |
| FY2008 | 30 Jun 2008 | 439.35M | -35.94% | 17.75% | 2.47B |
| FY2007 | 30 Jun 2007 | 685.82M | +104.26% | 26.72% | 2.57B |
| FY2006 | 30 Jun 2006 | 335.76M | +12.16% | 20.45% | 1.64B |
| FY2005 | 30 Jun 2005 | 299.34M | +260.70% | 19.92% | 1.50B |
| FY2004 | 30 Jun 2004 | 82.99M | — | 8.87% | 935.95M |
| FY2003 | 30 Jun 2003 | -7.74M | — | -1.02% | 755.23M |
| FY2002 | 30 Jun 2002 | -90.05M | -272.82% | -9.55% | 943.11M |
| FY2001 | 30 Jun 2001 | 52.11M | -74.55% | 3.43% | 1.52B |
| FY2000 | 30 Jun 2000 | 204.76M | — | 16.64% | 1.23B |
| FY1999 | 30 Jun 1999 | -112.91M | — | -17.43% | 647.96M |
| FY1998 | 30 Jun 1998 | -144.60M | — | -13.74% | 1.05B |
| FY1997 | 30 Jun 1997 | -33.63M | -123.05% | -3.36% | 1.00B |
| FY1996 | 30 Jun 1996 | 145.90M | +63.54% | 11.14% | 1.31B |
| FY1995 | 30 Jun 1995 | 89.21M | +136.01% | 11.18% | 798.21M |
| FY1994 | 30 Jun 1994 | 37.80M | +100.00% | 7.80% | 484.90M |
| FY1993 | 30 Jun 1993 | 18.90M | +90.91% | 7.26% | 260.50M |
| FY1992 | 30 Jun 1992 | 9.90M | +62.30% | 5.98% | 165.60M |
| FY1991 | 30 Jun 1991 | 6.10M | — | 4.42% | 138.00M |
| FY1990 | 30 Jun 1990 | -8.80M | -194.62% | -6.41% | 137.30M |
| FY1989 | 30 Jun 1989 | 9.30M | +304.35% | 7.38% | 126.00M |
| FY1988 | 30 Jun 1988 | 2.30M | — | 3.07% | 75.00M |
| FY1987 | 30 Jun 1987 | -2.70M | -258.82% | -10.59% | 25.50M |
| FY1986 | 30 Jun 1986 | 1.70M | — | 4.94% | 34.40M |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q1 FY2027 | 27 Sept 2026 | 2.75B | +75.51% | 33.50% | 8.22B |
| Q4 FY2026 | 28 Jun 2026 | 2.28B | +32.39% | 33.88% | 6.72B |
| Q3 FY2026 | 29 Mar 2026 | 1.83B | +37.18% | 31.25% | 5.84B |
| Q2 FY2026 | 28 Dec 2025 | 1.59B | +33.83% | 29.82% | 5.34B |
| Q1 FY2026 | 28 Sept 2025 | 1.57B | +40.51% | 29.46% | 5.32B |
| Q4 FY2025 | 29 Jun 2025 | 1.72B | +68.59% | 33.26% | 5.17B |
| Q3 FY2025 | 30 Mar 2025 | 1.33B | +37.78% | 28.19% | 4.72B |
| Q2 FY2025 | 29 Dec 2024 | 1.19B | +24.81% | 27.22% | 4.38B |
| Q1 FY2025 | 29 Sept 2024 | 1.12B | +25.81% | 26.79% | 4.17B |
| Q4 FY2024 | 30 Jun 2024 | 1.02B | +27.13% | 26.35% | 3.87B |
| Q3 FY2024 | 31 Mar 2024 | 965.83M | +18.65% | 25.46% | 3.79B |
| Q2 FY2024 | 24 Dec 2023 | 954.27M | -35.02% | 25.39% | 3.76B |
| Q1 FY2024 | 24 Sept 2023 | 887.40M | -37.76% | 25.48% | 3.48B |
| Q4 FY2023 | 30 Jun 2023 | 802.54M | -33.62% | 25.02% | 3.21B |
| Q3 FY2023 | 26 Mar 2023 | 814.01M | -20.33% | 21.04% | 3.87B |
| Q2 FY2023 | 25 Dec 2022 | 1.47B | +22.91% | 27.83% | 5.28B |
| Q1 FY2023 | 25 Sept 2022 | 1.43B | +20.86% | 28.10% | 5.07B |
| Q4 FY2022 | 30 Jun 2022 | 1.21B | +5.62% | 26.08% | 4.64B |
| Q3 FY2022 | 27 Mar 2022 | 1.02B | -4.61% | 25.16% | 4.06B |
| Q2 FY2022 | 26 Dec 2021 | 1.19B | +37.46% | 28.27% | 4.23B |
| Q1 FY2022 | 26 Sept 2021 | 1.18B | +43.27% | 27.41% | 4.30B |
| Q4 FY2021 | 30 Jun 2021 | 1.14B | +64.30% | 27.61% | 4.15B |
| Q3 FY2021 | 28 Mar 2021 | 1.07B | +86.35% | 27.84% | 3.85B |
| Q2 FY2021 | 27 Dec 2020 | 869.23M | +68.94% | 25.15% | 3.46B |
| Q1 FY2021 | 27 Sept 2020 | 823.45M | +76.79% | 25.92% | 3.18B |
| Q4 FY2020 | 30 Jun 2020 | 696.67M | +28.58% | 24.95% | 2.79B |
| Q3 FY2020 | 29 Mar 2020 | 574.78M | +5.00% | 22.96% | 2.50B |
| Q2 FY2020 | 29 Dec 2019 | 514.51M | -9.55% | 19.92% | 2.58B |
| Q1 FY2020 | 29 Sept 2019 | 465.79M | -12.67% | 21.51% | 2.17B |
| Q4 FY2019 | 30 Jun 2019 | 541.83M | -46.94% | 22.95% | 2.36B |
| Q3 FY2019 | 31 Mar 2019 | 547.39M | -29.71% | 22.44% | 2.44B |
| Q2 FY2019 | 23 Dec 2018 | 568.86M | — | 22.55% | 2.52B |
| Q1 FY2019 | 23 Sept 2018 | 533.36M | -9.71% | 22.88% | 2.33B |
| Q4 FY2018 | 30 Jun 2018 | 1.02B | +93.98% | 32.67% | 3.13B |
| Q3 FY2018 | 25 Mar 2018 | 778.80M | +35.51% | 26.93% | 2.89B |
| Q2 FY2018 | 24 Dec 2017 | -9.96M | -102.99% | -0.39% | 2.58B |
| Q1 FY2018 | 24 Sept 2017 | 590.69M | +123.89% | 23.84% | 2.48B |
| Q4 FY2017 | 30 Jun 2017 | 526.42M | +103.30% | 22.45% | 2.34B |
| Q3 FY2017 | 26 Mar 2017 | 574.71M | +300.63% | 26.68% | 2.15B |
| Q2 FY2017 | 25 Dec 2016 | 332.79M | +49.25% | 17.68% | 1.88B |
| Q1 FY2017 | 25 Sept 2016 | 263.84M | -8.61% | 16.16% | 1.63B |
| Q4 FY2016 | 30 Jun 2016 | 258.94M | +97.26% | 16.75% | 1.55B |
| Q3 FY2016 | 27 Mar 2016 | 143.45M | -30.46% | 10.92% | 1.31B |
| Q2 FY2016 | 27 Dec 2015 | 222.98M | +26.02% | 15.64% | 1.43B |
| Q1 FY2016 | 27 Sept 2015 | 288.68M | +104.62% | 18.04% | 1.60B |
| Q4 FY2015 | 30 Jun 2015 | 131.27M | -43.76% | 8.86% | 1.48B |
| Q3 FY2015 | 29 Mar 2015 | 206.29M | +25.48% | 14.81% | 1.39B |
| Q2 FY2015 | 28 Dec 2014 | 176.94M | +18.76% | 14.36% | 1.23B |
| Q1 FY2015 | 28 Sept 2014 | 141.08M | +65.00% | 12.24% | 1.15B |
| Q4 FY2014 | 30 Jun 2014 | 233.40M | +172.32% | 18.69% | 1.25B |
| Q3 FY2014 | 30 Mar 2014 | 164.40M | +765.42% | 13.39% | 1.23B |
| Q2 FY2014 | 29 Dec 2013 | 148.99M | +2,225.09% | 13.35% | 1.12B |
| Q1 FY2014 | 29 Sept 2013 | 85.51M | +2,989.09% | 8.42% | 1.02B |
| Q4 FY2013 | 30 Jun 2013 | 85.71M | +374.33% | 8.69% | 986.21M |
| Q3 FY2013 | 31 Mar 2013 | 19.00M | -58.35% | 2.25% | 844.93M |
| Q2 FY2013 | 23 Dec 2012 | 6.41M | -80.71% | 0.74% | 860.89M |
| Q1 FY2013 | 23 Sept 2012 | 2.77M | -96.15% | 0.31% | 906.89M |
| Q4 FY2012 | 30 Jun 2012 | 18.07M | -85.65% | 2.44% | 741.81M |
| Q3 FY2012 | 25 Mar 2012 | 45.60M | -74.98% | 6.92% | 658.96M |
| Q2 FY2012 | 25 Dec 2011 | 33.21M | -85.03% | 5.69% | 583.98M |
| Q1 FY2012 | 25 Sept 2011 | 71.84M | -62.92% | 10.56% | 680.44M |
| Q4 FY2011 | 30 Jun 2011 | 125.93M | -10.05% | 16.75% | 752.02M |
| Q3 FY2011 | 27 Mar 2011 | 182.24M | +51.49% | 22.52% | 809.09M |
| Q2 FY2011 | 26 Dec 2010 | 221.86M | +218.88% | 25.48% | 870.71M |
| Q1 FY2011 | 26 Sept 2010 | 193.72M | +1,053.32% | 24.04% | 805.87M |
| Q4 FY2010 | 30 Jun 2010 | 140.00M | — | 20.14% | 695.29M |
| Q3 FY2010 | 28 Mar 2010 | 120.30M | — | 19.01% | 632.76M |
| Q2 FY2010 | 27 Dec 2009 | 69.57M | — | 14.28% | 487.18M |
| Q1 FY2010 | 27 Sept 2009 | 16.80M | +89.30% | 5.27% | 318.55M |
| Q4 FY2009 | 30 Jun 2009 | -88.49M | -222.60% | -40.64% | 217.76M |
| Q3 FY2009 | 29 Mar 2009 | -198.36M | -291.61% | -113.73% | 174.41M |
| Q2 FY2009 | 28 Dec 2008 | -24.17M | -121.01% | -8.53% | 283.41M |
| Q1 FY2009 | 28 Sept 2008 | 8.87M | -94.03% | 2.01% | 440.36M |
| Q4 FY2008 | 30 Jun 2008 | 72.18M | -57.60% | 12.75% | 566.16M |
| Q3 FY2008 | 30 Mar 2008 | 103.52M | -37.16% | 16.87% | 613.81M |
| Q2 FY2008 | 23 Dec 2007 | 115.06M | -31.24% | 18.85% | 610.32M |
| Q1 FY2008 | 23 Sept 2007 | 148.59M | -19.03% | 21.70% | 684.62M |
| Q4 FY2007 | 30 Jun 2007 | 170.23M | +39.36% | 25.09% | 678.52M |
| Q3 FY2007 | 25 Mar 2007 | 164.74M | +90.81% | 25.33% | 650.27M |
| Q2 FY2007 | 24 Dec 2006 | 167.33M | +115.13% | 26.42% | 633.40M |
| Q1 FY2007 | 24 Sept 2006 | 183.52M | +270.81% | 30.36% | 604.39M |
| Q4 FY2006 | 30 Jun 2006 | 122.15M | +83.61% | 23.24% | 525.60M |
| Q3 FY2006 | 26 Mar 2006 | 86.34M | +45.22% | 19.74% | 437.42M |
| Q2 FY2006 | 25 Dec 2005 | 77.78M | -6.98% | 21.71% | 358.25M |
| Q1 FY2006 | 25 Sept 2005 | 49.49M | -44.86% | 15.42% | 320.91M |
| Q4 FY2005 | 30 Jun 2005 | 66.53M | +26.34% | 18.81% | 353.77M |
| Q3 FY2005 | 27 Mar 2005 | 59.45M | +210.35% | 17.02% | 349.34M |
| Q2 FY2005 | 26 Dec 2004 | 83.61M | +1,208.31% | 22.02% | 379.80M |
| Q1 FY2005 | 26 Sept 2004 | 89.75M | +1,775.26% | 21.39% | 419.55M |
| Q4 FY2004 | 30 Jun 2004 | 52.66M | +1,323.49% | 15.98% | 329.57M |
| Q3 FY2004 | 28 Mar 2004 | 19.16M | +2,303.51% | 8.29% | 231.13M |
| Q2 FY2004 | 28 Dec 2003 | 6.39M | +332.12% | 3.34% | 191.51M |
| Q1 FY2004 | 28 Sept 2003 | 4.79M | — | 2.60% | 183.74M |
| Q4 FY2003 | 30 Jun 2003 | 3.70M | — | 1.99% | 186.09M |
| Q3 FY2003 | 30 Mar 2003 | 797.00K | -49.20% | 0.43% | 187.06M |
| Q2 FY2003 | 29 Dec 2002 | 1.48M | — | 0.80% | 184.57M |
| Q1 FY2003 | 29 Sept 2002 | -13.71M | — | -6.94% | 197.52M |
| Q4 FY2002 | 30 Jun 2002 | -31.05M | — | -17.22% | 180.26M |
| Q3 FY2002 | 31 Mar 2002 | 1.57M | -97.59% | 0.96% | 164.11M |
| Q2 FY2002 | 30 Dec 2001 | -51.66M | -266.80% | -19.93% | 259.17M |
| Q1 FY2002 | 23 Sept 2001 | -8.92M | — | -2.63% | 339.58M |
| Q4 FY2001 | 30 Jun 2001 | -131.87M | -272.71% | -76.72% | 171.89M |
| Q3 FY2001 | 25 Mar 2001 | 65.12M | -2.82% | 14.00% | 465.13M |
| Q2 FY2001 | 24 Dec 2000 | 30.97M | -15.63% | 8.06% | 384.10M |
| Q1 FY2001 | 24 Sept 2000 | -102.27M | -514.33% | -33.53% | 305.03M |
| Q4 FY2000 | 30 Jun 2000 | 76.35M | +572.76% | 20.40% | 374.22M |
| Q3 FY2000 | 26 Mar 2000 | 67.02M | — | 20.53% | 326.35M |
| Q2 FY2000 | 26 Dec 1999 | 36.71M | — | 12.72% | 288.62M |
| Q1 FY2000 | 26 Sept 1999 | 24.68M | — | 10.22% | 241.58M |
| Q4 FY1999 | 30 Jun 1999 | 11.35M | — | 5.38% | 210.89M |
| Q3 FY1999 | 31 Mar 1999 | -14.72M | — | -9.63% | 152.98M |
| Q2 FY1999 | 31 Dec 1998 | -82.77M | -2,447.97% | -58.33% | 141.90M |
| Q1 FY1999 | 30 Sept 1998 | -26.77M | — | -18.83% | 142.20M |
| Q4 FY1998 | 30 Jun 1998 | -65.89M | — | -28.57% | 230.59M |
| Q3 FY1998 | 31 Mar 1998 | -70.06M | — | -29.19% | 240.02M |
| Q2 FY1998 | 31 Dec 1997 | 3.53M | +41.40% | 1.21% | 292.06M |
| Q1 FY1998 | 30 Sept 1997 | -12.17M | -214.72% | -4.20% | 289.93M |
| Q4 FY1997 | 30 Jun 1997 | -1.96M | -105.09% | -0.75% | 262.69M |
| Q3 FY1997 | 31 Mar 1997 | -44.78M | -215.86% | -20.77% | 215.60M |
| Q2 FY1997 | 31 Dec 1996 | 2.49M | -92.55% | 1.03% | 241.36M |
| Q1 FY1997 | 30 Sept 1996 | 10.61M | -65.18% | 3.75% | 282.76M |
| Q4 FY1996 | 30 Jun 1996 | 38.50M | +26.59% | 10.41% | 369.79M |
| Q3 FY1996 | 31 Mar 1996 | 38.65M | +55.84% | 11.29% | 342.34M |
| Q2 FY1996 | 31 Dec 1995 | 33.48M | +77.14% | 11.78% | 284.20M |
| Q1 FY1996 | 30 Sept 1995 | 30.47M | +101.77% | 11.82% | 257.75M |
| Q4 FY1995 | 30 Jun 1995 | 30.41M | +159.92% | 12.42% | 244.91M |
| Q3 FY1995 | 31 Mar 1995 | 24.80M | +158.33% | 11.32% | 219.00M |
| Q2 FY1995 | 31 Dec 1994 | 18.90M | +122.35% | 10.94% | 172.70M |
| Q1 FY1995 | 30 Sept 1994 | 15.10M | +88.75% | 9.35% | 161.50M |
| Q4 FY1994 | 30 Jun 1994 | 11.70M | +85.71% | 8.00% | 146.20M |
| Q3 FY1994 | 31 Mar 1994 | 9.60M | +74.55% | 7.63% | 125.80M |
| Q2 FY1994 | 31 Dec 1993 | 8.50M | +112.50% | 7.46% | 113.90M |
| Q1 FY1994 | 30 Sept 1993 | 8.00M | +158.06% | 7.93% | 100.90M |
| Q4 FY1993 | 30 Jun 1993 | 6.30M | +103.23% | 7.61% | 82.80M |
| Q3 FY1993 | 31 Mar 1993 | 5.50M | +129.17% | 7.95% | 69.20M |
| Q2 FY1993 | 31 Dec 1992 | 4.00M | +73.91% | 6.73% | 59.40M |
| Q1 FY1993 | 30 Sept 1992 | 3.10M | +47.62% | 6.31% | 49.10M |
| Q4 FY1992 | 30 Jun 1992 | 3.10M | +63.16% | 6.98% | 44.40M |
| Q3 FY1992 | 31 Mar 1992 | 2.40M | +50.00% | 5.99% | 40.10M |
| Q2 FY1992 | 31 Dec 1991 | 2.30M | +76.92% | 5.52% | 41.70M |
| Q1 FY1992 | 30 Sept 1991 | 2.10M | +75.00% | 5.33% | 39.40M |
| Q4 FY1991 | 30 Jun 1991 | 1.90M | — | 5.18% | 36.70M |
| Q3 FY1991 | 31 Mar 1991 | 1.60M | +33.33% | 4.60% | 34.80M |
| Q2 FY1991 | 31 Dec 1990 | 1.30M | -43.48% | 3.93% | 33.10M |
| Q1 FY1991 | 30 Sept 1990 | 1.20M | -47.83% | 3.59% | 33.40M |
| Q4 FY1990 | 30 Jun 1990 | -14.60M | -661.54% | -50.00% | 29.20M |
| Q3 FY1990 | 31 Mar 1990 | 1.20M | -52.00% | 3.44% | 34.90M |
| Q2 FY1990 | 31 Dec 1989 | 2.30M | -4.17% | 6.44% | 35.70M |
| Q1 FY1990 | 30 Sept 1989 | 2.30M | +35.29% | 6.15% | 37.40M |
| Q4 FY1989 | 30 Jun 1989 | 2.60M | +160.00% | 7.60% | 34.20M |
| Q3 FY1989 | 31 Mar 1989 | 2.50M | +733.33% | 7.44% | 33.60M |
| Q2 FY1989 | 31 Dec 1988 | 2.40M | +200.00% | 7.55% | 31.80M |
| Q1 FY1989 | 30 Sept 1988 | 1.70M | +183.33% | 6.44% | 26.40M |
| Q4 FY1988 | 30 Jun 1988 | 1.00M | +400.00% | 4.10% | 24.40M |
| Q3 FY1988 | 31 Mar 1988 | 300.00K | — | 1.69% | 17.80M |
| Q2 FY1988 | 31 Dec 1987 | 800.00K | — | 6.78% | 11.80M |
| Q1 FY1988 | 30 Sept 1987 | 600.00K | — | 5.71% | 10.50M |
| Q4 FY1987 | 30 Jun 1987 | 200.00K | — | 2.44% | 8.20M |
| Q3 FY1987 | 31 Mar 1987 | 0.00 | -100.00% | 0.00% | 7.10M |
| Q2 FY1987 | 31 Dec 1986 | -1.00M | -266.67% | -17.54% | 5.70M |
| Q1 FY1987 | 30 Sept 1986 | -1.90M | -416.67% | -41.30% | 4.60M |
| Q4 FY1986 | 30 Jun 1986 | -200.00K | — | -2.50% | 8.00M |
| Q3 FY1986 | 31 Mar 1986 | 700.00K | — | 7.37% | 9.50M |
| Q2 FY1986 | 31 Dec 1985 | 600.00K | — | 6.74% | 8.90M |
| Q1 FY1986 | 30 Sept 1985 | 600.00K | — | 7.50% | 8.00M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Lam Research's profit
Source: Financial Modeling Prep
