# LAM RESEARCH CORPORATION (LRCX) FY2024 Q3 P&L / Income Statement

- Company: LAM RESEARCH CORPORATION (LRCX)
- Period: 2023-12-25 to 2024-03-31
- Filing: Q3 FY2024 10-Q, filed 2024-04-29, accession number 0000707549-24-000067
- Page: https://plicit.ai/financials/lrcx/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/lrcx-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-12-25 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 3,793,558,000 US dollars
- **Total cost of goods sold**: 1,993,022,000 US dollars
- **Gross margin**: 1,800,536,000 US dollars
- **Total operating expenses**: 743,424,000 US dollars
- **Operating income**: 1,057,112,000 US dollars
- **Other income (expense), net (calculated)**: 36,073,000 US dollars
- **Income before income taxes**: 1,093,185,000 US dollars
- **Income tax expense**: 127,359,000 US dollars
- **Net income**: 965,826,000 US dollars
- **Systems revenue**: 2,395,817,000 US dollars
- **Customer support-related revenue and other**: 1,397,741,000 US dollars
- **Research and development**: 512,274,000 US dollars
- **Selling, general, and administrative**: 215,904,000 US dollars
- **Restructuring charges, net - operating expenses**: 15,246,000 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-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/lrcx-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2023-12-25 through 2024-03-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 3,793,558,000 US dollars
- **Total cost of goods sold**: 1,993,022,000 US dollars
- **Gross margin**: 1,800,536,000 US dollars
- **Total operating expenses**: 743,424,000 US dollars
- **Operating income**: 1,057,112,000 US dollars
- **Other income (expense), net (calculated)**: 36,073,000 US dollars
- **Income before income taxes**: 1,093,185,000 US dollars
- **Income tax expense**: 127,359,000 US dollars
- **Net income**: 965,826,000 US dollars
- **CHINA**: 1,606,693,000 US dollars
- **KOREA, REPUBLIC OF**: 916,812,000 US dollars
- **JAPAN**: 340,331,000 US dollars
- **TAIWAN**: 334,952,000 US dollars
- **UNITED STATES**: 227,085,000 US dollars
- **Southeast Asia**: 190,328,000 US dollars
- **Europe**: 177,357,000 US dollars
- **Research and development**: 512,274,000 US dollars
- **Selling, general, and administrative**: 215,904,000 US dollars
- **Restructuring charges, net - operating expenses**: 15,246,000 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.