Geographic · Valuation allowance for deferred tax assets

California — Valuation allowance for deferred tax assets

Lam Research California — Valuation allowance for deferred tax assets increased by 9.0% to $424.30M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $389.30M to $424.30M.

Analysis

StatementSegment

First reportedQ4 2021

Last reportedQ4 2025Aug 11, 2025

Rolls up toTax Credit Carryforward Valuation Allowance

Metric ID: lrcx_segment_california_valuation_allowance_for_deferred_tax_assets

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$277.10M	$308.70M	$352.40M	$389.30M	$424.30M
QoQ Change	—	+11.4%	+14.2%	+10.5%	+9.0%
YoY Change	—	+11.4%	+14.2%	+10.5%	+9.0%

Range$277.10M – $424.30M

CAGR+53.1%

Avg YoY Growth+11.3%

Median YoY Growth+10.9%

Current Streak4+ quarters growth

Frequently Asked Questions

What is Lam Research's california — valuation allowance for deferred tax assets?: Lam Research (LRCX) reported california — valuation allowance for deferred tax assets of $424.30M in Q2 2025.
How has Lam Research's california — valuation allowance for deferred tax assets changed year-over-year?: Lam Research's california — valuation allowance for deferred tax assets increased by 9.0% year-over-year, from $389.30M to $424.30M.