Discontinued — last reported Q4 '25
Current Liabilities
Contract Liabilities
Lam Research Contract Liabilities increased by 72.7% to $2.68B in Q2 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Contract Liabilities shows an upward trend with a 20.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ3 2018
Last reportedQ4 2025
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
Metric ID:
contract_liabilitiesHistorical Data
3 periods
| Q2 '23 | Q2 '24 | Q2 '25 | |
|---|---|---|---|
| Value | $1.84B | $1.55B | $2.68B |
| QoQ Change | — | -15.6% | +72.7% |
| YoY Change | — | -15.6% | +72.7% |
Range$1.55B – $2.68B
Avg YoY Growth+28.6%
Median YoY Growth+28.6%
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Lam Research's contract liabilities?
- Lam Research (LRCX) reported contract liabilities of $2.68B in Q2 2025.
- What is the long-term trend for Lam Research's contract liabilities?
- Over 2 years (2023 to 2025), Lam Research's contract liabilities has grown at a 20.8% compound annual growth rate (CAGR), from $1.84B to $2.68B.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.