Revenue segments as reported by the company.

System revenue

Customer support-related revenue and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Restructuring charges, net - operating expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lam Research

Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning. The company was founded by David K. Lam on January 21, 1980, and is headquartered in Fremont, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Lam Research reports record 2022 performance amidst 2023 challenges

Lam Research's strong financial performance in 2022 was supported by strategic investments and operational efficiency.
Challenges in 2023 include workforce reductions, restructuring charges, and inflationary pressures, but the company remains focused on innovation.
Opportunities lie in capitalizing on future demand trends, enhancing operational efficiency, and staying competitive in the market.

Lam Research reports decline in revenue but focuses on shareholder value and future growth

Lam Research's Q3 performance reflects a decline in revenue but strong operational execution, with a focus on returning value to shareholders. Despite challenges in the memory market, the company remains optimistic about its technology leadership and growth opportunities.

Lam Research surpasses Q4 expectations, eyes growth in WFE spending

Lam Research's Q4 performance exceeded expectations, with strong revenue and gross margin figures.
The company's strategic strengths lie in its market position in advanced packaging and ongoing investments in product portfolio expansion.
Challenges include potential revenue impact from export controls and inventory management, while opportunities exist in gate all around technologies and WFE growth drivers.
Overall, Lam Research remains well-positioned in the semiconductor industry, poised for growth amidst evolving market dynamics.

Lam Research surpasses Q1 revenue targets, eyes semiconductor growth

Lam Research delivered strong financial results in Q1 2024, exceeding revenue guidance and showcasing robust margins.
The company's strategic focus on innovation and productivity positions it well to capitalize on semiconductor industry growth.
While facing challenges such as potential margin headwinds, Lam remains optimistic about future opportunities and growth prospects.
Investors can expect continued performance and technology leadership from Lam Research in the upcoming quarters.

Lam Research surpasses Q2 expectations, eyes NAND growth opportunities

Lam Research's Q2 2024 performance exceeded expectations with strong financial metrics and strategic focus on growth areas.
The company anticipates outperforming in NAND growth, focusing on technology upgrades and incremental revenue opportunities.
Challenges include dependency on customer decisions for NAND WFE growth and managing deferred revenue from new customers.
Opportunities lie in capturing incremental revenue in non-NAND markets and enhancing operational resilience through R&D investments.

Lam Research beats Q1 expectations, eyes AI and China growth

Lam Research's strong Q1 performance, particularly in DRAM and NAND sectors, showcases resilience. Investments in technology and customer collaboration position the company for future growth. Challenges in mature nodes and China market dynamics require strategic focus for sustained success.

Lam Research exceeds Q4 expectations, eyes growth in advanced technologies

Lam Research's strong financial performance, focus on innovation, and shareholder-friendly initiatives underscore its resilience.
While facing challenges in maintaining margins and addressing analyst inquiries, the company remains optimistic about growth prospects.
Opportunities in advanced technologies and strategic investments position Lam Research for sustained success in the semiconductor industry.

Lam Research exceeds Q1 expectations, eyes technology upgrades for 2025

Lam Research's strong Q1 performance, focus on technology upgrades, and investments in key areas position it for outperformance in 2025. Challenges include revenue normalization in China and declining nonvolatile memory. However, opportunities in advanced technologies and AI present avenues for growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lam Research Corp. engages in the design, manufacture, marketing, refurbishment, and provision of semiconductor processing equipment used in the fabrication of integrated circuits. It operates through the following geographical segments: United States, China, Europe, Japan, Korea, Southeast Asia and Taiwan. The company was founded by David K. Lam in 1980 and is headquartered in Fremont, CA.

Lam Research stock remains a solid investment opportunity with strong revenue growth, operating leverage, and a healthy balance sheet. The recent quarterly earnings report exceeded expectations, with robust revenue and EPS growth, strong operating margins, and healthy free cash flow generation. Valuation analysis suggests 8% upside potential, which looks compelling for such a fundamentally strong company.

Lam Research: Still Some Upside Left After Strong Earnings

Lam Research's recent results suggest it's benefiting from increased spending on memory manufacturing equipment. The company's revenue and earnings growth are set to improve thanks to stronger prospects for the memory market, driven mainly by AI.

1 Top Growth Stock Down 30% to Buy Hand Over Fist Right Now

Apple

Eaton

Volatility in the markets has heightened in recent weeks. However, long-term investors should embrace it since it creates bargains.

The 3 Best Blue-Chip Stocks to Buy in August 2024

Lam Research (LRCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Lam Research Corporation (LRCX) is Attracting Investor Attention: Here is What You Should Know

CrowdStrike

DexCom

Edwards Lifesciences

Ford Motor Company

Intelsat

Moderna

Micron Technology

Super Micro Computer

What's the best part of a big S&P 500 sell-off? It can open up new ways to make money.

Analysts Predict 9 Beaten-Down Stocks Will Soar Big Time

Revenue for June 2024 quarter was $3.87 billion, exceeding the midpoint of management's guidance range at $3.8 billion. GAAP diluted EPS increased by 6% to $7.78 compared to $7.34 in the previous quarter.

Lam Research EPS Up, Revenue Surges

Lam Research's (LRCX) fiscal fourth-quarter results benefit from solid momentum in the Customer Support Business Group and the improving System business.

Lam Research (LRCX) Q4 Earnings Beat, Revenues Increase Y/Y

Lam Research Corporation (NASDAQ:LRCX ) Q4 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Ram Ganesh - Investor Relations Timothy Archer - President and Chief Executive Officer Douglas Bettinger - Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Arcuri - UBS Krish Sankar - TD Cowen Srinivas Pajjuri - Raymond James & Associates CJ Muse - Cantor Fitzgerald & Co. Stacy Rasgon - Sanford C. Bernstein & Co. Harlan Sur - JPMorgan Chase & Co. Atif Malik - Citigroup Toshiya Hari - Goldman Sachs Joseph Moore - Morgan Stanley Blayne Curtis - Jefferies Joseph Quatrochi - Wells Fargo Melissa Weathers - Deutsche Bank Operator Good evening, and welcome to the Lam Research June Quarterly Earnings Call.

Lam Research Corporation (LRCX) Q4 2024 Earnings Call Transcript

Chip-making tools supplier Lam Research forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom.

Lam Research forecasts quarterly revenue above estimates fueled by AI boom

Lam Research (LRCX) came out with quarterly earnings of $8.14 per share, beating the Zacks Consensus Estimate of $7.52 per share. This compares to earnings of $5.98 per share a year ago.

Lam Research (LRCX) Beats Q4 Earnings and Revenue Estimates

Domino's Pizza

Lululemon Athletica

Lamb Weston Hlds

Seven months into 2024, it has still been a good year for the stock market, but the sands shifted under investors' feet during July, as a “Great Rotation” began.

These S&P 500 stocks fell the most in July as the ‘Great Rotation' began

FREMONT, Calif. , July 31, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today extended its leadership in 3D NAND flash memory etching with the introduction of Lam Cryo™ 3.0, the third generation of the company's production-proven cryogenic dielectric etch technology.

Lam Research Introduces Lam Cryo™ 3.0 Cryogenic Etch Technology to Accelerate Scaling of 3D NAND for the AI Era

FREMONT, Calif. , July 31, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 30, 2024 (the "June 2024 quarter").

Lam Research Corporation Reports Financial Results for the Quarter Ended June 30, 2024

Lam Research's (LRCX) fiscal fourth-quarter results are expected to reflect its prospects, driven by a rebound in the semiconductor industry and improving memory spending.

Pre-Q4 Earnings: How Should You Play Lam Research (LRCX)?

Lam Research (LRCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Lam Research Corporation (LRCX) Is a Trending Stock: Facts to Know Before Betting on It

Lam Research's (LRCX) long-term prospects are expected to benefit from the growing proliferation of AI.

Lam Research (LRCX) Gains 22.7% YTD: What's Next for Investors?

ASML Hld

NVIDIA

With stock market volatility returning for the hottest days of summer, investors may be pondering whether it's too late to rotate into some of the still-cheap growth stocks. Especially those that didn't really participate in the first-half market rally.

If You Can Only Buy One Growth Stock in July, It Better Be One of These 3 Names

Cisco Systems

EHang Holdings Ltd - ADR

Grab Holdings Ltd

STMicroelectronics NV ADR RegS

The technology sector offers growth that few other sectors can match. Some of that growth is rooted in utilitarian, real-world innovation.

Forget the Metaverse! 7 Real-World Tech Stocks Poised for Breakout.

Applied Materials

Advanced Micro Devices

KLA-Tencor

Tech stocks, and particularly shares of semiconductor firms, have played a key role in driving major U.S. equities indexes to record highs, but the tides changed on Wednesday.

S&P 500 Gains and Losses Today: Chip Stocks Fall on Possible Export Restrictions

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?

FREMONT, Calif. , July 16, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that Ava Harter has joined its executive leadership team as senior vice president and chief legal officer.

Lam Research Appoints Ava Harter as Chief Legal Officer

The latest trading day saw Lam Research (LRCX) settling at $1,069.11, representing a -0.07% change from its previous close.

Lam Research (LRCX) Stock Drops Despite Market Gains: Important Facts to Note

Artificial intelligence is driving solid demand for memory chips, as was evident from Micron Technology's recent earnings report. There's another memory industry participant that is set to report solid earnings thanks to a potential jump in memory equipment spending.

Up 42% in 2024, This Artificial Intelligence (AI) Stock Could Get a Big Boost in July

Lam Research (LRCX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Lam Research Corporation (LRCX) Hit a 52 Week High, Can the Run Continue?

We're reaffirming our buy-rating on Lam Research Corporation ahead of Q4 FY2024 results. We expect material outperformance in FY25 due to recovery of wafer fabrication equipment spend, specifically memory WFE spend. Memory WFE spending should see tailwinds in 2H24 and 2025 driven by HBM DRAM adoption and NAND demand recovery.

News for Lam Research Stock (LRCX)