LAM RESEARCH CORPORATION (LRCX) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-06-30 to 2026-06-28

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LAM RESEARCH CORPORATION cash flow reconciliation, Jun 30, 2025 through Jun 28, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $5,857,657,000.00Net income → Operating adjustments reconciliation: $1,407,739,000.00Depreciation and amortization → Operating adjustments reconciliation: $441,533,000.00Trade accounts payable → Operating adjustments reconciliation: $417,507,000.00Equity-based compensation expense → Operating adjustments reconciliation: $386,381,000.00Prepaid expenses and other assets → Operating adjustments reconciliation: $50,240,000.00Operating adjustments reconciliation → Accounts receivable, net of allowance: $1,962,108,000.00Operating adjustments reconciliation → Deferred income taxes: $289,062,000.00Operating adjustments reconciliation → Deferred profit: $286,372,000.00Operating adjustments reconciliation → Inventories: $93,860,000.00Operating adjustments reconciliation → Accrued expenses and other liabilities: $39,286,000.00Operating adjustments reconciliation → Other, net: $32,712,000.00Other, net → investing reconciliation: $44,253,000.00investing reconciliation → Capital expenditures and intangible assets: $966,405,000.00Net cash used in financing activities → financing reconciliation: $5,717,787,000.00Reissuances of treasury stock related to employee stock purchase plan → financing reconciliation: $155,965,000.00Proceeds from issuance of common stock → financing reconciliation: $17,447,000.00financing reconciliation → Treasury stock purchases: $3,851,343,000.00financing reconciliation → Dividends paid: $1,270,635,000.00financing reconciliation → Principal payments on long-term debt and finance lease obligations and payments for debt issuance costs: $755,428,000.00financing reconciliation → Other, net: $13,793,000.00Net cash used in investing activities → investing reconciliation: $922,152,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $6,407,656,000.00Net cash from operating activities → Cash sources and uses: $5,857,657,000.00Cash sources and uses → Exchange-rate effect: $27,431,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $5,597,943,000.00Cash sources and uses → Net cash used in investing activities: $922,152,000.00Cash sources and uses → Net cash used in financing activities: $5,717,787,000.00Net income: $7,265,396,000.00Net income+$7.27 BDepreciation and amortization: $441,533,000.00Depreciation & amortization+$441.53 MDeferred income taxes: -$289,062,000.00Deferred income taxes−$289.06 MEquity-based compensation expense: $386,381,000.00Stock-based compensation+$386.38 MOther, net: -$32,712,000.00Other non-cash items−$32.71 MAccounts receivable, net of allowance: -$1,962,108,000.00Accounts receivable−$1.96 BInventories: -$93,860,000.00Inventories−$93.86 MPrepaid expenses and other assets: $50,240,000.00Prepaid & other assets+$50.24 MTrade accounts payable: $417,507,000.00Trade payables+$417.51 MDeferred profit: -$286,372,000.00Unearned revenue−$286.37 MAccrued expenses and other liabilities: -$39,286,000.00Accrued & other liabilities−$39.29 MNet cash from operating activities: $5,857,657,000.00Operating cash+$5.86 BOperating adjustments reconciliation: $2,703,400,000.00Principal payments on long-term debt and finance lease obligations and payments for debt issuance costs: -$755,428,000.00Debt & lease obligations repaid−$755.43 MTreasury stock purchases: -$3,851,343,000.00Common stock repurchases−$3.85 BDividends paid: -$1,270,635,000.00Dividends paid−$1.27 BReissuances of treasury stock related to employee stock purchase plan: $155,965,000.00Treasury stock sold+$155.97 MProceeds from issuance of common stock: $17,447,000.00Common stock issued+$17.45 MOther, net: -$13,793,000.00Other financing, net−$13.79 MNet cash used in financing activities: -$5,717,787,000.00. Cash required to fund net payments.Financing cash−$5.72 Bfinancing reconciliation: $5,891,199,000.00Capital expenditures and intangible assets: -$966,405,000.00Capital expenditures−$966.41 MProceeds from maturities of available-for-sale securities: $0.00Proceeds from sales of available-for-sale securities: $0.00Other, net: $44,253,000.00Other investing, net+$44.25 MNet cash used in investing activities: -$922,152,000.00. Cash required to fund net payments.Investing cash−$922.15 Minvesting reconciliation: $966,405,000.00Cash sources and uses: $12,265,313,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $6,407,656,000.00Beginning cash$6.41 BEnding cash: Cash, cash equivalents, and restricted cash: $5,597,943,000.00Ending cash$5.60 BExchange-rate effect: -$27,431,000.00FX effect−$27.43 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$4.89 BOperating cash − cash spent on productive assetsCash flow / Net income0.81×Operating cash flow ÷ net incomeNet cash change−$809.71 MEnding cash − beginning cash
Chart details

LAM RESEARCH CORPORATION cash flow reconciliation, Jun 30, 2025 through Jun 28, 2026

Cash flows for Jun 30, 2025 through Jun 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 29, 2025. Ending cash: Jun 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 29, 2025
6,407,656,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
5,857,657,000 US dollars. Net cash provided.
Net income
7,265,396,000 US dollars
Depreciation and amortization
441,533,000 US dollars
Deferred income taxes
negative 289,062,000 US dollars
Equity-based compensation expense
386,381,000 US dollars
Other, net
negative 32,712,000 US dollars
Accounts receivable, net of allowance
negative 1,962,108,000 US dollars
Inventories
negative 93,860,000 US dollars
Prepaid expenses and other assets
50,240,000 US dollars
Trade accounts payable
417,507,000 US dollars
Deferred profit
negative 286,372,000 US dollars
Accrued expenses and other liabilities
negative 39,286,000 US dollars
Investing activities
negative 922,152,000 US dollars. Net cash used.
Capital expenditures and intangible assets
negative 966,405,000 US dollars
Proceeds from maturities of available-for-sale securities
0 US dollars
Proceeds from sales of available-for-sale securities
0 US dollars
Other, net
44,253,000 US dollars
Financing activities
negative 5,717,787,000 US dollars. Net cash used.
Principal payments on long-term debt and finance lease obligations and payments for debt issuance costs
negative 755,428,000 US dollars
Treasury stock purchases
negative 3,851,343,000 US dollars
Dividends paid
negative 1,270,635,000 US dollars
Reissuances of treasury stock related to employee stock purchase plan
155,965,000 US dollars
Proceeds from issuance of common stock
17,447,000 US dollars
Other, net
negative 13,793,000 US dollars
Operating adjustment reconciliation
2,703,400,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
5,891,199,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
966,405,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 27,431,000 US dollars
Ending cash on Jun 28, 2026
5,597,943,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
12,265,313,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 809,713,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.81×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
5,857,657,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
966,405,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
4,891,252,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $5.86B of net income directly to operating cash and $1.41B to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 5,857,657,000 US dollars minus 966,405,000 US dollars equals 4,891,252,000 US dollars.
LAM RESEARCH CORPORATION (LRCX) FY2026 Annual Statement of Cash Flows Sankey chart
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