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Form 8-K · Current Report · Filed 2025-04-23

Lam Research Announces Q1 2025 Financial Results

On April 23, 2025, Lam Research Corporation announced its financial results for the quarter ended March 30, 2025.

Filer
Lam Research Corporation LRCX · NASDAQ
Filed
Accession
0000707549-25-000051
CIK
0000707549
Signal
Medium impactTechnology

Details

The company reported revenue of $4.72 billion, U.S. GAAP gross margin of 49.0%, U.S. GAAP operating income of 33.1% of revenue, and U.S. GAAP diluted EPS of $1.03. Non-GAAP gross margin was 49.0%, non-GAAP operating income was 32.8% of revenue, and non-GAAP diluted EPS was $1.04. The financial results reflect strong performance and growth compared to the previous quarter and the same quarter in the prior year. Additionally, the company provided guidance for the upcoming quarter, indicating continued confidence in its outlook.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$63.48

Next session

+11.7%

Since filing

+361.6%

Latest close

$293.02

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LRCX reporting the same item, with the next session's move:

Exhibits (1)

About Lam Research Corporation

Lam Research Corporation is a leading supplier of semiconductor processing equipment used in the fabrication of integrated circuits. Renowned for its innovation in wafer fabrication, Lam Research focuses on developing advanced technology solutions that enable critical processes such as plasma etch and deposition, which are essential for manufacturing chips found in a wide range of electronic devices. The company's equipment plays a pivotal role in the production of memory and logic devices, foundational to computing, communications, and consumer electronics sectors. With a global presence, Lam Research collaborates with semiconductor manufacturers to enhance yield and improve performance, ensuring next-generation chip technologies meet the demands of modern applications. As the semiconductor industry continues to expand and evolve, Lam Research remains integral to driving advancements and efficiency improvements in chip production, thereby maintaining its strategic significance within the technology supply chain.

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