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Semiconductor company designing and manufacturing chips for computing and communications.
Key Characteristics
Products & Services
Lam Research Corporation Core Product
Primary product/service offering from Lam Research Corporation.
Customer Segments
- •Businesses
- •Enterprises
- •End users
- ✓Business operations
- ✓Digital transformation
Geographic Presence
SEC Filing Analyses (17)
10-K
FY 2025
Lam Research Navigates Semiconductor Downturn with Strategic R&D and Market Share Gains
Lam Research demonstrated resilience in FY2025 despite semiconductor industry headwinds, posting revenue of $18.7B (-12% YoY) while maintaining industry-leading margins. Strategic investments in next-...
10-Q
Q4 2025
Lam Research's AI-Driven Rebound Accelerates with 40% Memory Revenue Growth
Lam Research demonstrated strong momentum with revenue growing 43% YoY to $3.76B, driven by surging demand in memory and foundry segments. Gross margins expanded 220bps to 47.8% on improved product mi...
10-K
FY 2024
Lam Research Navigates Semiconductor Downturn with Strong AI-Driven Recovery Signals
Lam Research demonstrated resilience amid semiconductor industry cyclicality, posting $17.4B in FY2024 revenue (-15.5% YoY) but showing sequential growth in recent quarters. The company's strategic pi...
10-Q
Q1 2024
Lam Research Rides AI Wave with 39% Margin Expansion Despite Memory Weakness
Lam Research delivered exceptional Q1 performance with revenue of $3.79B and 39.3% operating margins, driven by AI-related demand and operational efficiency gains. System revenue grew 14% QoQ to $2.46...
10-Q
Q4 2024
Lam Research Defies Memory Slump with 27% Growth in Logic/Foundry Revenue
Lam Research demonstrated resilience with Q4 revenue of $3.76B, down 29% YoY but up 8% QoQ, driven by strong performance in logic/foundry segments despite ongoing memory market weakness. Gross margins...
10-Q
Q3 2023
Lam Research Navigates Memory Slump with Strong Foundry Growth and China Resilience
Lam Research demonstrated resilience in Q3 2023 despite ongoing memory market weakness, with revenue of $3.48B (-31.5% YoY) driven by foundry strength offsetting memory decline. China revenue surprisi...
10-K
FY 2023
Lam Research Navigates Semiconductor Slowdown with Strategic R&D and Market Share Gains
Lam Research demonstrated resilience amid semiconductor industry headwinds, with revenue declining 16.8% YoY to $17.4B but maintaining strong margins through operational efficiency. The company increa...
10-Q
Q1 2023
Lam Research Navigates Memory Downturn with Strong Services Growth and Market Share Gains
Despite semiconductor industry headwinds, Lam Research delivered Q1 2023 revenue of $3.87B (-4.7% YoY) driven by robust customer support revenue growth of 14% YoY. System sales declined 11% YoY reflec...
10-Q
Q4 2023
Lam Research Shows Resilience Amid Semiconductor Downturn with Strong China Growth
Despite broader semiconductor industry headwinds, Lam Research delivered Q4 revenue of $5.28B, down 31.1% YoY but showing sequential stability. China emerged as a bright spot, representing 24% of reve...
10-Q
Q3 2022
Lam Research Navigates Supply Chain Pressures While Memory Market Softens
Lam Research delivered Q3 revenue of $5.07B (+14.9% YoY) despite ongoing supply chain constraints and weakening memory demand. Gross margins compressed 190bps YoY to 45.4% due to higher input costs an...
10-K
FY 2022
Lam Research Hits Record $17.2B Revenue Amid Semiconductor Supply Chain Constraints
Lam Research delivered exceptional performance in FY2022 with revenue growing 17% YoY to $17.2B despite significant supply chain challenges. Gross margins compressed 110bps to 45.7% due to increased i...
10-Q
Q1 2022
Lam Research Navigates Supply Chain Headwinds While Maintaining Record Demand Backlog
Lam Research delivered Q1 revenue of $4.06B (+22% YoY) despite persistent supply chain constraints limiting output. System revenue grew 21.5% YoY driven by memory and foundry demand, while Customer Su...
10-Q
Q4 2022
Lam Research Hits Record Revenue Despite Supply Chain Headwinds
Lam Research delivered record quarterly revenue of $4.23B (+22% YoY) despite ongoing supply chain constraints. Strong demand in memory and foundry segments drove growth, with system sales up 24% YoY t...
10-Q
Q3 2021
Lam Research Surges on Memory Demand While Supply Chain Constraints Intensify
Lam Research delivered exceptional Q3 performance with revenue up 35% YoY to $4.3B, driven by robust memory demand and foundry expansion. Gross margins compressed 110bps to 45.9% due to supply chain c...
10-K
FY 2021
Lam Research Rides Semiconductor Super-Cycle with Record $14.6B Revenue, 45.1% Margins
Lam Research delivered exceptional FY2021 performance with revenue surging 45% to $14.6B amid unprecedented semiconductor demand. Gross margins expanded 130bps to 46.1% despite supply chain constraint...
10-Q
Q1 2021
Lam Research Rides Semiconductor Super-Cycle with Record Revenue and Margins
Lam Research delivered exceptional Q1 2021 results with revenue surging 53.6% YoY to $3.85B, driven by robust demand across memory and foundry/logic segments. Gross margins expanded 110bps to 46.3% de...
10-Q
Q4 2021
Lam Research Surges on Memory Chip Rebound and Record Customer Concentration
Lam Research delivered exceptional Q4 performance with revenue up 34% YoY to $3.46B, driven by memory segment recovery and increased customer concentration in leading-edge nodes. Gross margins expande...