The table below shows LAM RESEARCH CORP's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2023
FY 2022
FY 2021
FY 2020
FY 2018
Revenue
$18.44B
$17.43B
$17.23B
$14.63B
$10.04B
$11.08B
Cost of revenue
$9.46B
$9.65B
$9.36B
$7.82B
$5.44B
$5.91B
Gross profit
$8.98B
$7.78B
$7.87B
$6.81B
$4.61B
$5.17B
R&D
$2.10B
$1.73B
$1.60B
$1.49B
$1.25B
$1.19B
LRCX annual revenue (10-K history)
LAM RESEARCH CORP reported annual revenue of $18.44B for fiscal year 2025. That is up 5.8% from $17.43B in fiscal 2023. Over the 10 fiscal years shown, annual revenue grew from $4.61B (FY 2014) to $18.44B. Figures come from the company's audited annual reports as filed with the SEC.
