LAM RESEARCH CORP

LRCX 10-Q · Q2 2026

LRCX Q2 2026 request

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Income Statement

Income Statement
Metric Q2 2026 Q2 2025 YoY
Revenue 5,344,791 4,376,047 +22.1%
Show Product Lines breakouts
Customer support-related revenue and other 1,987,298 1,750,398 +13.5%
Systems revenue 3,357,493 2,625,649 +27.9%
Show Business Segments breakouts
Reportable Segment · Operating Segments 5,344,791 4,376,047 +22.1%
Show Geography breakouts
CN 1,858,547 1,342,798 +38.4%
Europe 139,830 141,436 -1.1%
JP 548,311 363,276 +50.9%
KR 1,060,486 1,090,264 -2.7%
Southeast Asia 413,905 287,318 +44.1%
TW 1,069,093 737,674 +44.9%
US 254,619 413,281 -38.4%
Cost Of Goods And Services Sold Excluding Restructuring Charges 2,693,629 2,303,066 +17.0%
Show Consolidation Items breakouts
Eliminations and Reconciling Items 93,438 63,042 +48.2%
Gross Profit 2,651,162 2,072,981 +27.9%
Show Consolidation Items breakouts
Eliminations and Reconciling Items 2,651,162 2,072,981 +27.9%
Research & Development 573,305 494,947 +15.8%
Show Consolidation Items breakouts
Eliminations and Reconciling Items 573,305 494,947 +15.8%
Selling, General & Administrative 267,654 244,150 +9.6%
Show Consolidation Items breakouts
Eliminations and Reconciling Items 267,654 244,150 +9.6%
Operating Expenses 840,959 739,097 +13.8%
Operating Income 1,810,203 1,333,884 +35.7%
Other Non-Operating Income (Expense) 26,410 14,262 +85.2%
Show Consolidation Items breakouts
Eliminations and Reconciling Items 26,410 14,262 +85.2%
Income Before Taxes 1,836,613 1,348,146 +36.2%
Income Tax Expense (Benefit) -242,619 -157,128 -54.4%
Net Income 1,593,994 1,191,018 +33.8%
Show Equity Components breakouts
Retained Earnings 1,593,994 1,191,018 +33.8%
EPS (Basic) 1.27 0.93 +36.6%
EPS (Diluted) 1.26 0.92 +37.0%
Wtd Avg Shares (Basic) 1,254,856 1,287,109 -2.5%
Wtd Avg Shares (Diluted) 1,261,739 1,291,469 -2.3%
Interest Expense -40,876 -45,299 +9.8%
Interest Income 53,155 57,611 -7.7%
Comprehensive Income 1,568,884 1,144,736 +37.1%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax 12,184 4,552 +167.7%
Foreign Currency Transaction Gain Loss Before Tax -8,034 -5,117 -57.0%

Balance Sheet

Balance Sheet
Metric Q2 2026 Q2 2025 YoY
Current Assets
Cash & Cash Equivalents 6,180,440 5,665,379 +9.1%
Accounts Receivable 3,491,987 3,304,946 +5.7%
Inventory 4,037,682 4,358,152 -7.4%
Prepaid Expenses & Other Current Assets 307,914 284,370 +8.3%
Total Current Assets 14,018,023 13,612,847 +3.0%
Non-Current Assets
Other Non-Current Assets 2,798,122 2,152,458 +30.0%
Total Assets 21,391,171 19,839,916 +7.8%
Property, Plant & Equipment 2,689,199
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 2,710,989 2,313,590 +17.2%
Intangible Assets Net Including Goodwill 1,864,037 1,761,021 +5.8%
Current Liabilities
Accounts Payable 1,026,937 822,278 +24.9%
Accrued Liabilities 2,267,488 2,095,989 +8.2%
Deferred Revenue (Current) 2,164,722 1,927,893 +12.3%
Long Term Debt And Capital Lease Obligations Current 754,006 504,136 +49.6%
Total Current Liabilities 6,213,153 5,350,296 +16.1%
Non-Current Liabilities
Accrued Income Taxes Noncurrent 667,639 669,747 -0.3%
Other Non-Current Liabilities 635,211 533,699 +19.0%
Total Liabilities 11,245,745 11,031,890 +1.9%
Other Liabilities
Long Term Debt And Capital Lease Obligations 3,729,742 4,478,148 -16.7%
Stockholders' Equity
Common Stock 1,251 1,285 -2.6%
Additional Paid-In Capital 8,948,439 8,439,903 +6.0%
Treasury Stock Common Value -30,203,796 -26,024,098 -16.1%
Accumulated Other Comprehensive Income -98,701 -134,085 +26.4%
Retained Earnings 31,498,233 26,525,021 +18.7%
Total Stockholders' Equity 10,145,426 8,808,026 +15.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -98,701 -134,085 +26.4%
Additional Paid In Capital 8,948,439 8,439,903 +6.0%
Common Stock 1,251 1,285 -2.6%
Retained Earnings 31,498,233 26,525,021 +18.7%
Treasury Stock Common -30,203,796 -26,024,098 -16.1%
Total Liabilities & Equity 21,391,171 19,839,916 +7.8%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2026 YTD Q2 2025 YoY
Operating Activities
Depreciation And Amortization 205,569 190,495 +7.9%
Deferred Income Taxes -93,832 -191,576 +51.0%
Stock-Based Compensation 185,780 161,970 +14.7%
Other Non-Cash Items -21,851 -9,049 -141.5%
Increase Decrease In Operating Capital -179,311 -148,889 -20.4%
Net Cash from Operations 3,259,009 2,310,413 +41.1%
Investing Activities
Payments To Acquire Productive Assets -446,000 -298,937 -49.2%
Other Investing Activities 2,169 13,011 -83.3%
Net Cash from Investing -443,831 -285,926 -55.2%
Liabilities Assumed1 42,632 20,515 +107.8%
Dividends Payable Current And Noncurrent 325,828 296,042 +10.1%
Transfer Of Inventory To Property And Equipment 58,283 58,801 -0.9%
Financing Activities
Repayments Of Debt And Capital Lease Obligations -2,879 -1,966 -46.4%
Share Repurchases -2,441,946 -1,694,723 -44.1%
Payments Of Dividends -619,488 -558,619 -10.9%
Proceeds From Sale Of Treasury Stock 67,185 60,557 +10.9%
Proceeds From Issuance Of Common Stock 3,854 -237 +1726.2%
Proceeds From Payments For Other Financing Activities -13,566 437 -3204.3%
Net Cash from Financing -3,006,840 -2,194,551 -37.0%
Supplemental
Unpaid Capital Expenditures 142,595 82,155 +73.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -20,396 -3,340 -510.7%
Net Change in Cash -212,058 -173,404 -22.3%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 6,195,598 5,677,399 +9.1%
Restricted Cash And Cash Equivalents 15,158 12,020 +26.1%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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