Last quarter (Q2 2024), Lam Research's total revenue was $3.76B, a decrease of -28.79% from the same quarter last year. In Q2, Lam Research's net income was $4.96B. See Lam Research’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Jun 23	Jun 22	Jun 21	Jun 20	Jun 19
Total Revenue	$ 14.32B	$ 17.43B	$ 17.23B	$ 14.63B	$ 10.04B	$ 9.65B
Cost of Revenue	$ 7.84B	$ 9.65B	$ 9.36B	$ 7.82B	$ 5.44B	$ 5.30B
Gross Profit	$ 6.48B	$ 7.78B	$ 7.87B	$ 6.81B	$ 4.61B	$ 4.36B
Operating Expense	$ 2.60B	$ 2.60B	$ 2.49B	$ 2.32B	$ 1.93B	$ 1.89B
Operating Income	$ 23.26B	$ 5.17B	$ 24.09B	$ 4.48B	$ 2.67B	$ 2.46B
Net Non Operating Interest Income Expense	$ -86.07M	$ -47.48M	$ -169.55M	$ -188.91M	$ -92.01M	$ -18.49M
Other Income Expense	$ -38.12M	$ 65.65M	$ 188.71M	$ 77.69M	$ -6.82M	$ 331.00K
Pretax Income	$ 3.92B	$ 5.11B	$ 5.19B	$ 4.37B	$ 2.57B	$ 2.45B
Tax Provision	$ 457.01M	$ 598.28M	$ 587.83M	$ 462.35M	$ 323.23M	$ 255.14M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 11.12B	$ 23.90B	$ 4.61B	$ 3.91B	$ 2.25B	$ 2.19B
Basic EPS	$ 26.02	$ 33.30	$ 32.92	$ 27.22	$ 15.55	$ 14.37
Diluted EPS	$ 25.93	$ 33.21	$ 32.75	$ 26.90	$ 15.10	$ 13.70
Basic Average Shares	$ 534.61M	$ 135.47M	$ 139.90M	$ 143.61M	$ 144.81M	$ 152.48M
Diluted Average Shares	$ 536.62M	$ 135.83M	$ 140.63M	$ 145.32M	$ 149.09M	$ 159.91M
Dividend Per Share	$ 9.17	$ 6.90	$ 6.00	$ 5.20	$ 4.60	$ 4.40
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	$ 8.09	$ 4.78	$ 3.62
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 10.44B	$ 12.25B	$ 11.85B	$ 10.14B	$ 7.37B	$ 7.19B
Net Income From Continuing And Discontinued Operation	$ 3.46B	$ 4.51B	$ 4.61B	$ 3.91B	$ 2.25B	$ 2.19B
Normalized Income	$ 2.90B	$ 4.16B	-	$ 3.91B	$ 2.25B	$ 2.19B
Interest Expense	-	-	-	$ 208.60M	$ 177.44M	$ 117.26M
EBIT	$ 4.24B	$ 5.30B	$ 5.38B	$ 4.58B	$ 2.75B	$ 2.56B
EBITDA	$ 3.38B	$ 5.64B	$ 5.71B	$ 4.89B	$ 3.02B	$ 2.87B

Currency in USD

Lam Research Earnings and Revenue History

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