# LAM RESEARCH CORPORATION (LRCX) FY2024 Annual P&L / Income Statement

- Company: LAM RESEARCH CORPORATION (LRCX)
- Period: 2023-06-26 to 2024-06-30
- Filing: FY2024 10-K, filed 2024-08-29, accession number 0000707549-24-000106
- Page: https://plicit.ai/financials/lrcx/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/lrcx-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-06-26 through 2024-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 14,905,386,000 US dollars
- **Total cost of goods sold**: 7,852,595,000 US dollars
- **Gross margin**: 7,052,791,000 US dollars
- **Total operating expenses**: 2,788,878,000 US dollars
- **Operating income**: 4,263,913,000 US dollars
- **Other income (expense), net (calculated)**: 96,309,000 US dollars
- **Income before income taxes**: 4,360,222,000 US dollars
- **Income tax expense**: 532,450,000 US dollars
- **Net income**: 3,827,772,000 US dollars
- **Systems Revenue**: 8,921,643,000 US dollars
- **Customer support-related revenue and other**: 5,983,743,000 US dollars
- **Restructuring charges, net - operating expenses**: 18,187,000 US dollars
- **Selling, general, and administrative**: 868,247,000 US dollars
- **Research and development**: 1,902,444,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/lrcx/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/lrcx-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-06-26 through 2024-06-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 14,905,386,000 US dollars
- **Total cost of goods sold**: 7,852,595,000 US dollars
- **Gross margin**: 7,052,791,000 US dollars
- **Total operating expenses**: 2,788,878,000 US dollars
- **Operating income**: 4,263,913,000 US dollars
- **Other income (expense), net (calculated)**: 96,309,000 US dollars
- **Income before income taxes**: 4,360,222,000 US dollars
- **Income tax expense**: 532,450,000 US dollars
- **Net income**: 3,827,772,000 US dollars
- **CHINA**: 6,293,990,000 US dollars
- **KOREA, REPUBLIC OF**: 2,874,015,000 US dollars
- **TAIWAN**: 1,671,815,000 US dollars
- **JAPAN**: 1,460,429,000 US dollars
- **UNITED STATES**: 1,104,087,000 US dollars
- **Southeast Asia**: 794,054,000 US dollars
- **Europe**: 706,996,000 US dollars
- **Restructuring charges, net - operating expenses**: 18,187,000 US dollars
- **Selling, general, and administrative**: 868,247,000 US dollars
- **Research and development**: 1,902,444,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.