# LAM RESEARCH CORPORATION (LRCX) FY2026 Annual P&L / Income Statement

- Company: LAM RESEARCH CORPORATION (LRCX)
- Period: 2025-06-30 to 2026-06-28
- Filing: FY2026 10-K, filed 2026-08-07, accession number 0000707549-26-000037
- Page: https://plicit.ai/financials/lrcx/fy2026-annual-income-statement
- Chart image: https://plicit.ai/charts/lrcx-fy2026-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-06-30 through 2026-06-28. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 23,232,690,000 US dollars
- **Total cost of goods sold**: 11,507,382,000 US dollars
- **Gross margin**: 11,725,308,000 US dollars
- **Total operating expenses**: 3,525,513,000 US dollars
- **Operating income**: 8,199,795,000 US dollars
- **Other income (expense), net (calculated)**: 62,678,000 US dollars
- **Income before income taxes**: 8,262,473,000 US dollars
- **Income tax expense**: 997,077,000 US dollars
- **Net income**: 7,265,396,000 US dollars
- **Systems Revenue**: 14,885,488,000 US dollars
- **Customer support-related revenue and other**: 8,347,202,000 US dollars
- **Restructuring charges, net - operating expenses**: 0 US dollars
- **Selling, general, and administrative**: 1,149,640,000 US dollars
- **Research and development**: 2,375,873,000 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/fy2026-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/lrcx-fy2026-annual-revenue-by-geography-sankey.png

Income statement for 2025-06-30 through 2026-06-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 23,232,690,000 US dollars
- **Total cost of goods sold**: 11,507,382,000 US dollars
- **Gross margin**: 11,725,308,000 US dollars
- **Total operating expenses**: 3,525,513,000 US dollars
- **Operating income**: 8,199,795,000 US dollars
- **Other income (expense), net (calculated)**: 62,678,000 US dollars
- **Income before income taxes**: 8,262,473,000 US dollars
- **Income tax expense**: 997,077,000 US dollars
- **Net income**: 7,265,396,000 US dollars
- **CHINA**: 7,859,811,000 US dollars
- **KOREA, REPUBLIC OF**: 4,505,327,000 US dollars
- **TAIWAN**: 5,222,915,000 US dollars
- **JAPAN**: 2,171,088,000 US dollars
- **UNITED STATES**: 1,528,912,000 US dollars
- **Southeast Asia**: 1,245,931,000 US dollars
- **Europe**: 698,706,000 US dollars
- **Restructuring charges, net - operating expenses**: 0 US dollars
- **Selling, general, and administrative**: 1,149,640,000 US dollars
- **Research and development**: 2,375,873,000 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.