Lam Research Corporation (LRCX) quarterly balance sheet — complete assets, liabilities & equity history
Lam Research Corporation (LRCX) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 15.61B | 13.3B | 14.02B | 14.81B | 14.52B | 13.46B | 13.61B | 13.49B | 12.88B | 12.49B | 13.05B | 12.99B | 13.23B | 13.73B | 13.71B | 13.61B | 12.29B | 11.89B | 12.1B | 11.14B |
| Cash & Short-Term Investments | 5.58B | 4.75B | 6.18B | 6.69B | 6.39B | 5.45B | 5.67B | 6.07B | 5.85B | 5.67B | 5.64B | 5.16B | 5.37B | 5.37B | 4.59B | 4.38B | 3.66B | 4.35B | 5.33B | 4.61B |
| Cash Only | 5.58B | 4.75B | 6.18B | 6.69B | 6.39B | 5.45B | 5.67B | 6.07B | 5.85B | 5.67B | 5.62B | 5.13B | 5.34B | 5.31B | 4.48B | 4.26B | 3.52B | 4.19B | 5.09B | 4.04B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.72M | 30.56M | 37.64M | 63.85M | 103.13M | 120.55M | 135.73M | 160.07M | 242.59M | 569.47M |
| Accounts Receivable | 5.34B | 4.13B | 3.49B | 3.63B | 3.38B | 3.23B | 3.3B | 2.94B | 2.52B | 2.2B | 2.71B | 2.81B | 2.82B | 3.26B | 4.07B | 4.57B | 4.31B | 3.7B | 3.4B | 3.4B |
| Days Sales Outstanding | 64.12 | 59.39 | 60.66 | 59.92 | 58.12 | 62.98 | 64.9 | 59.57 | 55.51 | 63.44 | 66.81 | 69.58 | 91.08 | 86.22 | 74.49 | 76.16 | 82.14 | 79.62 | 73.2 | 65.66 |
| Inventory | 4.28B | 4B | 4.04B | 4.1B | 4.31B | 4.46B | 4.36B | 4.21B | 4.22B | 4.32B | 4.43B | 4.75B | 4.82B | 4.88B | 4.82B | 4.36B | 3.97B | 3.48B | 3.07B | 2.87B |
| Days Inventory Outstanding | 116.1 | 124.78 | 137.38 | 144.86 | 154.59 | 166.79 | 169.27 | 177.1 | 191.3 | 215.2 | 208.71 | 225.05 | 266.14 | 194.98 | 143.97 | 132.32 | 139.51 | 132.89 | 120.32 | 105.13 |
| Other Current Assets | 0 | 0 | 307.91M | 385.58M | 440.27M | 318.15M | 284.37M | 277.8M | 298.19M | 289.53M | 279.24M | 278.12M | -37.64M | 216.46M | 230.89M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 7.92B | 7.49B | 7.37B | 7.09B | 6.83B | 6.51B | 6.23B | 6.04B | 5.86B | 5.79B | 5.73B | 5.54B | 5.55B | 5.51B | 5.5B | 5.11B | 4.91B | 4.7B | 4.58B | 4.42B |
| Property, Plant & Equipment | 2.96B | 2.85B | 2.71B | 2.51B | 2.43B | 2.37B | 2.31B | 2.21B | 2.15B | 2.18B | 2.15B | 2.11B | 1.86B | 1.86B | 1.86B | 1.72B | 1.65B | 1.56B | 1.5B | 1.37B |
| Fixed Asset Turnover | 2.31x | 2.10x | 2.05x | 2.16x | 2.15x | 2.01x | 1.93x | 1.91x | 1.79x | 1.75x | 1.77x | 1.76x | 1.73x | 2.08x | 2.95x | 3.01x | 2.89x | 2.65x | 2.94x | 3.02x |
| Goodwill | 0 | 0 | 0 | 0 | 1.63B | 0 | 0 | 1.6B | 1.63B | 1.63B | 1.63B | 1.63B | 1.62B | 1.62B | 1.62B | 1.51B | 1.52B | 1.51B | 1.49B | 1.49B |
| Intangible Assets | 1.9B | 1.88B | 1.86B | 1.83B | 182.2M | 1.8B | 1.76B | 158.34M | 138.54M | 142.48M | 151.08M | 157.62M | 168.45M | 179.65M | 184.78M | 110.39M | 101.85M | 113.31M | 112.08M | 125.01M |
| Long-Term Investments | 18.77M | 15.88M | 15.16M | 18.83M | 17M | 12.25M | 12.02M | 4.61M | 2.95M | 1.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.05B | 2.74B | 2.78B | 2.74B | 2.57B | 2.33B | 2.14B | 2.06B | 1.94B | 1.84B | 1.8B | 1.65B | 1.91B | 1.86B | 1.83B | 1.76B | 1.65B | 1.51B | 1.89B | 1.68B |
| Total Assets | 23.53B | 20.79B | 21.39B | 21.9B | 21.35B | 19.97B | 19.84B | 19.53B | 18.74B | 18.28B | 18.78B | 18.54B | 18.78B | 19.24B | 19.21B | 18.72B | 17.2B | 16.59B | 16.69B | 15.57B |
| Asset Turnover | 0.30x | 0.28x | 0.25x | 0.25x | 0.25x | 0.24x | 0.22x | 0.22x | 0.21x | 0.20x | 0.20x | 0.19x | 0.17x | 0.20x | 0.28x | 0.28x | 0.27x | 0.24x | 0.26x | 0.27x |
| Asset Growth % | 10.23% | 4.12% | 7.82% | 12.12% | 13.87% | 9.24% | 5.62% | 5.36% | -0.2% | -5.01% | -2.2% | -0.98% | 9.22% | 16% | 15.11% | 20.27% | 8.2% | 8.53% | 8.56% | 3.38% |
| Total Current Liabilities | 5.94B | 5.24B | 6.21B | 6.71B | 6.57B | 5.49B | 5.35B | 5.34B | 4.34B | 4.43B | 4.27B | 4.25B | 4.18B | 4.44B | 4.55B | 5.05B | 4.56B | 4.19B | 3.86B | 3.41B |
| Accounts Payable | 1.3B | 1.07B | 1.03B | 863.16M | 854.21M | 853.31M | 822.28M | 704.25M | 613.97M | 531.65M | 499.7M | 528.16M | 470.7M | 601.93M | 919.41M | 1.15B | 1.01B | 1.01B | 952.67M | 837.71M |
| Days Payables Outstanding | 33.3 | 32.58 | 31.93 | 29.61 | 30.09 | 31.68 | 30.16 | 27.7 | 25.66 | 25.36 | 23.37 | 23.5 | 29.44 | 30.58 | 32.4 | 34.29 | 37.82 | 39.74 | 36.23 | 31.52 |
| Short-Term Debt | 94.49M | 4.09M | 754.01M | 754.36M | 749.67M | 754.31M | 504.14M | 504.68M | 501.32M | 505.07M | 3.78M | 3.86M | 421K | 8.46M | 7.23M | 7.11M | 0 | 7.69M | 6.2M | 6.37M |
| Deferred Revenue (Current) | 2.28B | 2.09B | 2.16B | 2.65B | 2.57B | 1.88B | 1.93B | 1.94B | 1.42B | 1.6B | 1.79B | 1.6B | 1.7B | 1.84B | 1.55B | 1.95B | 1.57B | 1.55B | 1.13B | 931.41M |
| Other Current Liabilities | 1.3B | 1.29B | 1.25B | 1.26B | 1.56B | 1.4B | 1.5B | 1.42B | 1.35B | 1.29B | 1.41B | 1.27B | 1.32B | 1.37B | 1.52B | 1.34B | 1.3B | 1.2B | 1.41B | 1.23B |
| Current Ratio | 2.63x | 2.54x | 2.26x | 2.21x | 2.21x | 2.45x | 2.54x | 2.53x | 2.97x | 2.82x | 3.06x | 3.06x | 3.16x | 3.09x | 3.01x | 2.69x | 2.69x | 2.83x | 3.13x | 3.27x |
| Quick Ratio | 1.91x | 1.77x | 1.61x | 1.60x | 1.55x | 1.64x | 1.73x | 1.74x | 2.00x | 1.84x | 2.02x | 1.94x | 2.01x | 1.99x | 1.95x | 1.83x | 1.82x | 2.00x | 2.34x | 2.43x |
| Cash Conversion Cycle | 146.91 | 151.59 | 166.1 | 175.17 | 182.62 | 198.08 | 204.02 | 208.96 | 221.15 | 253.28 | 252.14 | 271.13 | 327.78 | 250.62 | 186.07 | 174.2 | 183.84 | 172.77 | 157.29 | 139.27 |
| Total Non-Current Liabilities | 5.12B | 4.96B | 5.03B | 5B | 4.92B | 4.97B | 5.68B | 5.72B | 5.87B | 5.83B | 6.29B | 6.24B | 6.39B | 6.39B | 6.35B | 6.26B | 6.35B | 6.37B | 6.35B | 6.34B |
| Long-Term Debt | 3.72B | 3.73B | 3.73B | 3.73B | 3.72B | 3.73B | 4.48B | 4.48B | 4.47B | 4.48B | 4.98B | 4.98B | 4.96B | 5B | 5B | 5B | 4.96B | 5B | 4.96B | 4.99B |
| Capital Lease Obligations | 305.16M | 0 | 0 | 0 | 10.5M | 0 | 0 | 0 | 12.47M | 0 | 0 | 0 | 38.24M | 0 | 0 | 0 | 35.99M | 0 | 26.48M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.09B | 1.23B | 1.3B | 1.27B | 1.19B | 1.24B | 1.2B | 1.24B | 1.39B | 1.35B | 1.31B | 1.26B | 1.38B | 1.4B | 1.36B | 1.26B | 1.35B | 1.37B | 1.36B | 1.35B |
| Total Liabilities | 11.06B | 10.21B | 11.25B | 11.71B | 11.48B | 10.46B | 11.03B | 11.06B | 10.21B | 10.26B | 10.56B | 10.49B | 10.57B | 10.84B | 10.9B | 11.31B | 10.92B | 10.56B | 10.21B | 9.75B |
| Total Debt | 4.12B | 3.73B | 4.48B | 4.48B | 4.48B | 4.48B | 4.98B | 4.98B | 4.98B | 4.98B | 4.98B | 4.98B | 5.01B | 5.01B | 5B | 5B | 5.01B | 5.01B | 4.99B | 5B |
| Net Debt | -1.46B | -1.02B | -1.7B | -2.21B | -1.91B | -966.38M | -683.1M | -1.08B | -864.52M | -688.78M | -639.5M | -141.83M | -325.51M | -300.27M | 518.57M | 746.97M | 1.48B | 813.63M | -92.22M | 953.18M |
| Debt / Equity | 0.33x | 0.35x | 0.44x | 0.44x | 0.45x | 0.47x | 0.57x | 0.59x | 0.58x | 0.62x | 0.61x | 0.62x | 0.61x | 0.60x | 0.60x | 0.67x | 0.80x | 0.83x | 0.77x | 0.86x |
| Debt / EBITDA | 1.57x | 1.73x | 2.34x | 2.32x | 2.44x | 2.70x | 3.48x | 3.67x | 4.10x | 4.34x | 4.34x | 4.48x | 5.31x | 4.84x | 2.83x | 2.82x | 3.19x | 3.92x | 3.52x | 3.44x |
| Net Debt / EBITDA | -0.55x | -0.47x | -0.89x | -1.14x | -1.04x | -0.58x | -0.48x | -0.80x | -0.71x | -0.60x | -0.56x | -0.13x | -0.34x | -0.29x | 0.29x | 0.42x | 0.95x | 0.64x | -0.06x | 0.66x |
| Interest Coverage | - | 52.04x | 44.24x | 43.79x | 41.59x | 35.01x | 30.76x | 29.80x | 25.86x | 24.18x | 24.47x | 23.63x | 19.56x | 20.89x | 36.40x | 36.93x | 30.40x | 25.29x | 30.00x | 30.82x |
| Total Equity | 12.47B | 10.58B | 10.15B | 10.19B | 9.86B | 9.51B | 8.81B | 8.47B | 8.54B | 8.02B | 8.22B | 8.05B | 8.21B | 8.41B | 8.3B | 7.41B | 6.28B | 6.03B | 6.48B | 5.82B |
| Equity Growth % | 26.46% | 11.29% | 15.18% | 20.31% | 15.48% | 18.56% | 7.12% | 5.28% | 4.01% | -4.58% | -0.99% | 8.56% | 30.77% | 39.51% | 28.24% | 27.36% | 4.17% | 12.12% | 17.56% | 7.27% |
| Book Value per Share | 9.89 | 8.42 | 8.02 | 8.03 | 7.72 | 7.38 | 6.82 | 6.50 | 6.47 | 6.10 | 6.22 | 6.04 | 6.11 | 6.21 | 6.09 | 5.40 | 4.54 | 4.30 | 4.58 | 4.08 |
| Total Shareholders' Equity | 12.47B | 10.58B | 10.15B | 10.19B | 9.86B | 9.51B | 8.81B | 8.47B | 8.54B | 8.02B | 8.22B | 8.05B | 8.21B | 8.41B | 8.3B | 7.41B | 6.28B | 6.03B | 6.48B | 5.82B |
| Common Stock | 1.25M | 1.25M | 1.25M | 1.26M | 1.27M | 1.28M | 1.28M | 1.29M | 130K | 131K | 131K | 132K | 133K | 135K | 135K | 136K | 137K | 139K | 140K | 141K |
| Retained Earnings | 34.95B | 33B | 31.5B | 30.23B | 28.99B | 27.56B | 26.53B | 25.63B | 24.81B | 24.05B | 23.35B | 22.66B | 22.03B | 21.46B | 20.88B | 19.64B | 18.45B | 17.45B | 16.64B | 15.65B |
| Treasury Stock | -31.6B | -31.35B | -30.2B | -28.76B | -27.76B | -26.46B | -26.02B | -25.37B | -24.37B | -23.98B | -23B | -22.37B | -21.53B | -20.63B | -20.07B | -19.59B | -19.48B | -18.62B | -17.29B | -16.86B |
| Accumulated OCI | -127.09M | -121.39M | -98.7M | -73.59M | -62.42M | -123.91M | -134.09M | -87.8M | -130.43M | -127.79M | -117.69M | -121.35M | -100.71M | -105.09M | -108.87M | -133.76M | -109.98M | -97.67M | -88.15M | -81.77M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |