# LAM RESEARCH CORPORATION (LRCX) FY2026 Q3 Statement of Cash Flows

- Company: LAM RESEARCH CORPORATION (LRCX)
- Period: 2025-12-29 to 2026-03-29
- Filing: Q3 FY2026 10-Q, filed 2026-04-23, accession number 0000707549-26-000022
- Page: https://plicit.ai/financials/lrcx/fy2026-q3-cash-flow
- Chart image: https://plicit.ai/charts/lrcx-fy2026-q3-cash-flow-sankey.png

## Chart details

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

- **Beginning cash on Dec 28, 2025**: 6,195,598,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,141,420,000 US dollars. Net cash provided.
- **Net income**: 1,825,460,000 US dollars
- **Depreciation and amortization**: 116,322,000 US dollars
- **Deferred income taxes**: negative 19,478,000 US dollars
- **Equity-based compensation expense**: 96,616,000 US dollars
- **Changes in operating assets and liabilities**: negative 874,645,000 US dollars
- **Other, net**: negative 2,855,000 US dollars
- **Investing activities**: negative 334,580,000 US dollars. Net cash used.
- **Capital expenditures and intangible assets**: negative 331,604,000 US dollars
- **Other, net**: negative 2,976,000 US dollars
- **Financing activities**: negative 2,230,638,000 US dollars. Net cash used.
- **Proceeds from issuance of common stock, net issuance costs**: 9,167,000 US dollars
- **Other, net**: 55,000 US dollars
- **Dividends paid**: negative 325,829,000 US dollars
- **Treasury stock purchases, including excise tax payments**: negative 1,162,837,000 US dollars
- **Principal payments on debt, including finance lease obligations and payments for debt issuance costs**: negative 751,194,000 US dollars
- **Reissuance of treasury stock related to employee stock purchase plan**: 0 US dollars
- **Operating adjustment reconciliation**: 896,978,000 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**: 2,239,860,000 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**: 334,580,000 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 4,979,000 US dollars
- **Ending cash on Mar 29, 2026**: 4,766,821,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 7,337,018,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 1,428,777,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.63×. 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**: 1,141,420,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 331,604,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 809,816,000 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 $1.14B of net income directly to operating cash and $684.04M 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: 1,141,420,000 US dollars minus 331,604,000 US dollars equals 809,816,000 US dollars.