# LAM RESEARCH CORPORATION (LRCX) FY2025 Q1 P&L / Income Statement

- Company: LAM RESEARCH CORPORATION (LRCX)
- Period: 2024-07-01 to 2024-09-29
- Filing: Q1 FY2025 10-Q, filed 2024-10-28, accession number 0000707549-24-000128
- Page: https://plicit.ai/financials/lrcx/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/lrcx-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-07-01 through 2024-09-29. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 4,167,976,000 US dollars
- **Total cost of goods sold**: 2,165,293,000 US dollars
- **Gross margin**: 2,002,683,000 US dollars
- **Total operating expenses**: 738,486,000 US dollars
- **Operating income**: 1,264,197,000 US dollars
- **Other income (expense), net (calculated)**: 30,081,000 US dollars
- **Income before income taxes**: 1,294,278,000 US dollars
- **Income tax expense**: 177,834,000 US dollars
- **Net income**: 1,116,444,000 US dollars
- **Systems revenue**: 2,392,730,000 US dollars
- **Customer support-related revenue and other**: 1,775,246,000 US dollars
- **Research and development**: 495,358,000 US dollars
- **Selling, general, and administrative**: 243,128,000 US dollars
- **Restructuring charges, net - operating expenses**: 0 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/fy2025-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/lrcx-fy2025-q1-revenue-by-geography-sankey.png

Income statement for 2024-07-01 through 2024-09-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 4,167,976,000 US dollars
- **Total cost of goods sold**: 2,165,293,000 US dollars
- **Gross margin**: 2,002,683,000 US dollars
- **Total operating expenses**: 738,486,000 US dollars
- **Operating income**: 1,264,197,000 US dollars
- **Other income (expense), net (calculated)**: 30,081,000 US dollars
- **Income before income taxes**: 1,294,278,000 US dollars
- **Income tax expense**: 177,834,000 US dollars
- **Net income**: 1,116,444,000 US dollars
- **CHINA**: 1,558,404,000 US dollars
- **KOREA, REPUBLIC OF**: 762,081,000 US dollars
- **TAIWAN**: 615,368,000 US dollars
- **UNITED STATES**: 488,381,000 US dollars
- **JAPAN**: 301,386,000 US dollars
- **Southeast Asia**: 244,789,000 US dollars
- **Europe**: 197,567,000 US dollars
- **Research and development**: 495,358,000 US dollars
- **Selling, general, and administrative**: 243,128,000 US dollars
- **Restructuring charges, net - operating expenses**: 0 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.