LAM RESEARCH CORPORATION (LRCX) stock fundamentals
LAM RESEARCH CORPORATION (LRCX) reported $18.4B in revenue and $5.4B in net income in fiscal 2025, a 29.1% net margin, per its latest SEC 10-K filing. It carries a market capitalization of about $438.1B at a delayed share price. It scores 64/100 on WealthyBud's Investor Score, ranking #20 of 100 covered companies. Score is research, not investment advice.
EPReviewed by Elena Park Licensed Real Estate Broker
Published May 20, 2026 · Updated July 8, 2026
Revenue (FY2025)
$18.4B
▲ +23.7% YoY
Net income
$5.4B
29.1% net margin
Market cap
$438.1B
Price $350.33 · delayed
P/E ratio
81.8
Price / earnings
Return on equity
54%
Net income / equity
Investor Score
64/100
#20 of 100 covered
LAM RESEARCH CORPORATION fundamentals at a glance
The table summarizes LAM RESEARCH CORPORATION's key financial figures for fiscal 2025 — revenue, profitability, returns, growth and balance-sheet strength — each taken from the company's SEC 10-K filing.
LAM RESEARCH CORPORATION (LRCX) fundamentals — FY2025, from SEC 10-K
Metric
Value
Detail
Revenue
$18.4B
+23.7% YoY
Net income
$5.4B
29.1% margin
Gross margin
48.7%
Gross profit / revenue
Operating margin
32.0%
Operating income / revenue
Return on equity
54%
Net income / equity
Return on assets
25%
Net income / assets
Revenue growth (YoY)
+23.7%
FY2024 to FY2025
Revenue 3-yr CAGR
+2.3%
Compound annual
Diluted EPS
$4.17
FY2025
Debt-to-equity
0.45
Long-term debt / equity
Current ratio
2.21
Current assets / liabilities
Cash & equivalents
$6.4B
Balance sheet
Total assets
$21.3B
FY2025 year-end
Shareholders’ equity
$9.9B
FY2025 year-end
Share price
$350.33
Delayed · 2026-07-10
Market cap
$438.1B
Price × shares outstanding
P/E ratio
81.8
Market cap / net income
P/S ratio
23.8
Market cap / revenue
Dividend yield
0.26%
Dividend / price
How profitable is LAM RESEARCH CORPORATION?
LAM RESEARCH CORPORATION runs a 29.1% net margin and 48.7% gross margin in fiscal 2025, turning $18.4B of revenue into $5.4B of profit. Return on equity is 54% and return on assets 25%.
Is LAM RESEARCH CORPORATION growing?
LAM RESEARCH CORPORATION's revenue changed +23.7% in fiscal 2025 and compounded at +2.3% a year over three years, reaching $18.4B. Diluted earnings per share were $4.17 for the year.
LAM RESEARCH CORPORATION annual revenue, 2021–2025
Fiscal year
Revenue
Growth
2021
$14.6B
n/a
2022
$17.2B
+17.8%
2023
$17.4B
+1.2%
2024
$14.9B
-14.5%
2025
$18.4B
+23.7%
How is LAM RESEARCH CORPORATION valued?
LAM RESEARCH CORPORATION carries a market capitalization of $438.1B at a delayed share price of $350.33, trading at a 81.8 price-to-earnings ratio and 23.8 price-to-sales with a 0.26% dividend yield. Its Value subscore is 8/100 across the covered universe.
How financially healthy is LAM RESEARCH CORPORATION?
LAM RESEARCH CORPORATION ended fiscal 2025 with $6.4B in cash, a debt-to-equity ratio of 0.45 and a current ratio of 2.21. Lower leverage and a current ratio above 1.0 signal a stronger balance sheet.
What is LAM RESEARCH CORPORATION's Investor Score?
LAM RESEARCH CORPORATION scores 64/100 on WealthyBud's Investor Score, #20 of 100 covered companies as of 2026-07-10. The score blends growth, profitability, returns on capital, balance-sheet strength and value into one percentile. It is a research opinion, not investment advice.
Investor Score
64/100
#20 of 100 covered companies
Growth
70
Profitability
62
Returns on capital
92
Balance-sheet strength
74
Value (valuation)
8
Subscores are percentile ranks (0–100)
across the 100 covered companies, computed from the SEC fundamentals and delayed market price cited on this
page. Data-derived opinion, not investment advice.
LAM RESEARCH CORPORATION (LRCX) stock FAQ
How much revenue does LAM RESEARCH CORPORATION make?
LAM RESEARCH CORPORATION (LRCX) reported $18.4B in revenue in fiscal 2025, +23.7% versus the prior year, according to its SEC 10-K filing. Over the past three years its revenue has compounded at +2.3% a year.
Is LAM RESEARCH CORPORATION profitable?
Yes. LAM RESEARCH CORPORATION earned $5.4B in net income in fiscal 2025, a 29.1% net margin. Its return on equity was 54% and return on assets 25%, based on figures from its latest 10-K.
How fast is LAM RESEARCH CORPORATION growing?
LAM RESEARCH CORPORATION's revenue changed +23.7% year over year in fiscal 2025 and compounded at +2.3% annually over three years. Growth is one of four inputs to its WealthyBud Investor Score, scored 70/100 versus the covered universe.
What is LAM RESEARCH CORPORATION's market cap and P/E ratio?
LAM RESEARCH CORPORATION has a market capitalization of $438.1B at a delayed share price of $350.33, trading at a price-to-earnings ratio of 81.8 and price-to-sales of 23.8. Its dividend yield is 0.26%. Prices are delayed and illustrative.
What is LAM RESEARCH CORPORATION's WealthyBud Investor Score?
LAM RESEARCH CORPORATION scores 64/100, ranking #20 of 100 covered companies as of 2026-07-10. The score is a percentile blend of growth (70), profitability (62), returns on capital (92), balance-sheet strength (74) and value (8). It is a research opinion, not investment advice.
Where does this LAM RESEARCH CORPORATION financial data come from?
Fundamentals come from LAM RESEARCH CORPORATION's annual report (Form 10-K) filed with the SEC, via the public-domain EDGAR database. The share price used for market cap, P/E and yield is a delayed end-of-day quote, shown as illustrative; a production site would use a licensed real-time market-data feed.
Fundamentals are drawn from LAM RESEARCH CORPORATION’s FY2025 Form 10-K filed with the
SEC (EDGAR, public domain), retrieved 2026-07-10. Share price is a delayed end-of-day quote; market cap, P/E, P/S
and dividend yield are illustrative and not real-time. The Investor Score is a data-derived research opinion.
Not investment advice.
Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.