Lam Research Corporation (LRCX) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 5.84B | 5.34B | 5.32B | 5.17B | 4.72B | 4.38B | 4.17B | 3.87B | 3.79B | 3.76B | 3.48B | 3.21B |
| Revenue Growth % | 23.76% | 22.14% | 27.74% | 33.58% | 24.43% | 16.44% | 19.7% | 20.71% | -1.96% | -28.79% | -31.38% | -30.81% |
| Cost of Goods Sold | 2.93B | 2.69B | 2.64B | 2.58B | 2.41B | 2.3B | 2.17B | 2.03B | 1.99B | 2B | 1.83B | 1.75B |
| COGS % of Revenue | 50.17% | 50.4% | 49.57% | 49.92% | 50.98% | 52.63% | 51.95% | 52.47% | 52.54% | 53.24% | 52.48% | 54.54% |
| Gross Profit | 2.91B | 2.65B | 2.68B | 2.59B | 2.31B | 2.07B | 2B | 1.84B | 1.8B | 1.76B | 1.65B | 1.46B |
| Gross Margin % | 49.83% | 49.6% | 50.43% | 50.08% | 49.02% | 47.37% | 48.05% | 47.53% | 47.46% | 46.76% | 47.52% | 45.46% |
| Gross Profit Growth % | 25.8% | 27.89% | 34.06% | 40.74% | 28.5% | 17.95% | 21.03% | 26.2% | 12.14% | -26.04% | -29.19% | -30.58% |
| Operating Expenses | 863.51M | 840.96M | 855.79M | 848.58M | 751.93M | 739.1M | 738.49M | 713.54M | 743.42M | 700.24M | 631.67M | 603.52M |
| OpEx % of Revenue | 14.78% | 15.73% | 16.07% | 16.41% | 15.93% | 16.89% | 17.72% | 18.43% | 19.6% | 18.63% | 18.14% | 18.82% |
| Selling, General & Admin | 280.31M | 267.65M | 279.35M | 268.4M | 226.02M | 244.15M | 243.13M | 217.25M | 215.13M | 228.84M | 207.02M | 199.83M |
| SG&A % of Revenue | 4.8% | 5.01% | 5.25% | 5.19% | 4.79% | 5.58% | 5.83% | 5.61% | 5.67% | 6.09% | 5.95% | 6.23% |
| Research & Development | 583.2M | 573.3M | 576.45M | 580.18M | 525.9M | 494.95M | 495.36M | 497.83M | 512.27M | 469.71M | 422.63M | 401.95M |
| R&D % of Revenue | 9.98% | 10.73% | 10.83% | 11.22% | 11.14% | 11.31% | 11.88% | 12.86% | 13.5% | 12.5% | 12.14% | 12.53% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 2.05B | 1.81B | 1.83B | 1.74B | 1.56B | 1.33B | 1.26B | 1.13B | 1.06B | 1.06B | 1.02B | 854.61M |
| Operating Margin % | 35.04% | 33.87% | 34.35% | 33.67% | 33.09% | 30.48% | 30.33% | 29.1% | 27.87% | 28.13% | 29.38% | 26.65% |
| Operating Income Growth % | 31.07% | 35.71% | 44.68% | 54.55% | 47.74% | 26.17% | 23.57% | 31.82% | 12.19% | -37.08% | -39.75% | -42.23% |
| EBITDA | 2.16B | 1.91B | 1.93B | 1.84B | 1.66B | 1.43B | 1.36B | 1.21B | 1.15B | 1.15B | 1.11B | 944.21M |
| EBITDA Margin % | 37.03% | 35.81% | 36.26% | 35.57% | 35.15% | 32.68% | 32.59% | 31.38% | 30.24% | 30.55% | 31.98% | 29.44% |
| EBITDA Growth % | 30.39% | 33.85% | 42.12% | 51.41% | 44.64% | 24.56% | 22% | 28.67% | 10.94% | -34.97% | -37.22% | -39.76% |
| D&A (Non-Cash Add-back) | 116.32M | 103.92M | 101.64M | 98.44M | 97.34M | 96.2M | 94.3M | 88.36M | 89.92M | 90.94M | 90.48M | 89.6M |
| EBIT | 2.05B | 1.88B | 1.86B | 1.78B | 1.58B | 1.39B | 1.34B | 1.2B | 1.14B | 1.13B | 1.07B | 910.15M |
| Net Interest Income | -674K | 21.46M | 21.46M | 11.86M | 5.45M | 12.31M | 23.5M | 19.59M | 24.6M | 11.28M | 11.23M | 9.3M |
| Interest Income | 0 | 63.93M | 63.93M | 54.63M | 50.64M | 57.61M | 68.45M | 66.03M | 71.75M | 57.59M | 56.56M | 55.83M |
| Interest Expense | 674K | 42.47M | 42.47M | 42.77M | 45.18M | 45.3M | 44.95M | 46.44M | 47.15M | 46.31M | 45.33M | 46.53M |
| Other Income/Expense | -35.46M | 26.41M | 30.07M | 37.85M | -25.04M | 14.26M | 30.08M | 27.8M | 36.07M | 29.84M | 2.6M | 9.01M |
| Pretax Income | 2.01B | 1.84B | 1.86B | 1.78B | 1.54B | 1.35B | 1.29B | 1.15B | 1.09B | 1.09B | 1.03B | 863.62M |
| Pretax Margin % | 34.44% | 34.36% | 34.92% | 34.4% | 32.56% | 30.81% | 31.05% | 29.82% | 28.82% | 28.92% | 29.45% | 26.93% |
| Income Tax | 186.1M | 242.62M | 290.5M | 58.89M | 206.06M | 157.13M | 177.83M | 134.07M | 127.36M | 132.78M | 138.23M | 61.08M |
| Effective Tax Rate % | 9.25% | 13.21% | 15.63% | 3.31% | 13.41% | 11.66% | 13.74% | 11.61% | 11.65% | 12.22% | 13.48% | 7.07% |
| Net Income | 1.83B | 1.59B | 1.57B | 1.72B | 1.33B | 1.19B | 1.12B | 1.02B | 965.83M | 954.27M | 887.4M | 802.54M |
| Net Margin % | 31.25% | 29.82% | 29.46% | 33.26% | 28.19% | 27.22% | 26.79% | 26.35% | 25.46% | 25.39% | 25.48% | 25.02% |
| Net Income Growth % | 37.18% | 33.83% | 40.51% | 68.59% | 37.77% | 24.81% | 25.81% | 27.13% | 18.65% | -35.02% | -37.76% | -33.62% |
| Net Income (Continuing) | 1.83B | 1.59B | 1.57B | 1.72B | 1.33B | 1.19B | 1.12B | 1.02B | 965.83M | 954.27M | 887.4M | 802.54M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.45 | 1.26 | 1.24 | 1.35 | 1.03 | 0.92 | 0.86 | 0.78 | 0.73 | 0.72 | 0.67 | 0.60 |
| EPS Growth % | 40.78% | 36.96% | 44.19% | 73.08% | 41.1% | 27.78% | 28.36% | 30% | 21.67% | -33.33% | -35.58% | -31.03% |
| EPS (Basic) | 1.46 | 1.27 | 1.24 | 1.35 | 1.04 | 0.93 | 0.86 | 0.78 | 0.74 | 0.73 | 0.67 | 0.60 |
| Diluted Shares Outstanding | 1.26B | 1.27B | 1.27B | 1.28B | 1.29B | 1.29B | 1.3B | 1.32B | 1.32B | 1.32B | 1.33B | 1.34B |
| Basic Shares Outstanding | 1.25B | 1.26B | 1.26B | 1.27B | 1.28B | 1.29B | 1.3B | 1.31B | 1.31B | 1.32B | 1.33B | 1.34B |
| Dividend Payout Ratio | 17.85% | 20.55% | 18.61% | 17.16% | 22.22% | 24.99% | 23.38% | 25.63% | 27.2% | 27.71% | 25.96% | 28.95% |