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What changed in Lam Research Corporation's latest annual report

In the year ended 28 Jun 2026, Lam Research Corporation's revenue rose 26% to USD 23.23bn, from USD 18.44bn; net income rose 35.6% to USD 7.27bn, from USD 5.36bn; shareholders' equity rose 26.5% to USD 12.47bn, from USD 9.86bn.

Year ended 28 Jun 2026. Source: 10-K filed 7 Aug 2026, read it on SEC EDGAR.

USD 18.44bn to USD 23.23bn

Revenue, up 26% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue18.44bn23.23bnUp 26%
Net income5.36bn7.27bnUp 35.6%
Total assets21.35bn23.53bnUp 10.2%
Total liabilities11.48bn11.06bnDown 3.7%
Long-term debt3.72bn3.72bnUp 0.1%
Cash and cash equivalents6.39bn5.58bnDown 12.7%
Shareholders' equity9.86bn12.47bnUp 26.5%

Questions people ask

Did Lam Research Corporation's revenue grow last year?

Revenue grew 26%, from USD 18.44bn to USD 23.23bn in the year ended 28 Jun 2026.

Is Lam Research Corporation profitable?

Yes. Net income was USD 7.27bn in the year ended 28 Jun 2026. The year before: USD 5.36bn.

How much cash and debt does Lam Research Corporation have?

At its latest year end (28 Jun 2026), Lam Research Corporation reported cash and cash equivalents of USD 5.58bn and long-term debt of USD 3.72bn.

Where do these numbers come from?

From Lam Research Corporation's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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