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

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

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.