Current Assets
Finished goods
Lam Research Finished goods decreased by 0.8% to $1.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.9%, from $1.40B to $1.11B. Over 4 years (FY 2021 to FY 2025), Finished goods shows an upward trend with a 15.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2025
Last reportedQ1 2026
How to read this metric
A decrease relative to sales may indicate strong demand, while an increase may signal slowing sales or inventory accumulation.
Detailed definition
This represents the value of completed products ready for sale to customers, net of any reserves for obsolescence or slo...
Peer comparison
Standard inventory metric for all manufacturing and industrial companies.
Metric ID:
current_assets_inventory_finished_goods_net_of_reservesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $778.15M | $827.68M | $841.64M | $853.70M | $1.09B | $1.16B | $1.28B | $1.27B | $1.29B | $1.24B | $1.06B | $1.01B | $1.01B | $1.03B | $1.18B | $1.40B | $1.36B | $1.20B | $1.12B | $1.11B |
| QoQ Change | — | +6.4% | +1.7% | +1.4% | +28.1% | +6.5% | +9.9% | -1.1% | +2.2% | -3.8% | -14.8% | -4.6% | +0.1% | +2.1% | +14.0% | +18.5% | -2.5% | -12.2% | -6.8% | -0.8% |
| YoY Change | — | — | — | — | +40.5% | +40.6% | +52.0% | +48.3% | +18.3% | +6.9% | -17.1% | -20.0% | -21.7% | -16.9% | +11.2% | +38.1% | +34.6% | +15.7% | -5.4% | -20.9% |
Range$778.15M – $1.40B
CAGR+7.7%
Avg YoY Growth+12.8%
Median YoY Growth+13.4%
Current Streak4 quarters decline
Finished goods at Other Companies
Frequently Asked Questions
- What is Lam Research's finished goods?
- Lam Research (LRCX) reported finished goods of $1.11B in Q1 2026.
- How has Lam Research's finished goods changed year-over-year?
- Lam Research's finished goods decreased by 20.9% year-over-year, from $1.40B to $1.11B.
- What is the long-term trend for Lam Research's finished goods?
- Over 4 years (2021 to 2025), Lam Research's finished goods has grown at a 15.0% compound annual growth rate (CAGR), from $778.15M to $1.36B.
- What does finished goods mean?
- The value of completed products ready for sale, after accounting for potential losses.