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Lam Research Corp. LRCX Cost of goods sold

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Other financials

Income statement

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Revenue$6.7B+30.0%
Gross profit$3.5B+34.3%
Operating income$2.5B+44.4%
Net income$2.3B+32.4%
EPS (diluted)$1.81+35.1%

Balance sheet

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Cash & equivalents$5.6B-12.9%
Total debt$4.1B-13.3%
Total equity$12.5B+26.5%
Total assets$23.5B+10.2%

Cash flow

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Operating cash flow$1.5B-42.9%
CapEx$188.8M+9.6%
Free cash flow$1.3B-46.7%

Valuation

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Market cap$382.6B+214%
Enterprise value$381.15B+217%
P/E52.7×+29.9×
P/S16.5×+9.9×

Profitability

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Gross margin50.5%+1.8pp
Operating margin35.3%+3.3pp
Net margin31.3%+2.2pp
FCF margin21.1%-8.3pp

Returns & leverage

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Return on equity65.1%+6.8pp
Debt / equity0.3×-0.2×
Current ratio2.6×+0.4×

Where this comes from

Reported directly by Lam Research Corp. in its filing.

Tagged under the XBRL concept lrcx:CostOfGoodsAndServicesSoldExcludingRestructuringCharges.

The source filing: Lam Research Corp.’s 10-K, filed August 7, 2026.

Filed
Aug 7, 2026, 4:06 PM EDT
Fiscal year
FY2026
Accession
0000707549-26-000037
Line itemYear Ended / June 28,2026Year Ended / June 29,2025Year Ended / June 30,2024
Revenue$23,232,690$18,435,591$14,905,386
Cost of goods sold11,507,3829,456,5327,809,220
Restructuring charges, net - cost of goods sold43,375
Total cost of goods sold11,507,3829,456,5327,852,595
Gross margin11,725,3088,979,0597,052,791
Research and development2,375,8732,096,3871,902,444
Selling, general, and administrative1,149,640981,704868,247
Restructuring charges, net - operating expenses18,187

Item 8. Financial Statements and Supplementary Data

FAQ

What is Lam Research Corp.'s cost of goods sold?
Lam Research Corp. (LRCX) reported cost of goods sold of $3.24B in Q2 2026.
How has Lam Research Corp.'s cost of goods sold changed year-over-year?
Lam Research Corp.'s cost of goods sold increased by 25.6% year-over-year, from $2.58B to $3.24B.
What is the long-term trend for Lam Research Corp.'s cost of goods sold?
Over 3 years (2023 to 2026), Lam Research Corp.'s cost of goods sold has grown at a 6.3% compound annual growth rate (CAGR), from $9.57B to $11.51B.
What does cost of goods sold mean?
This metric represents the total direct costs attributable to the production of the goods and services sold by the company. It encompasses raw materials, direct labor, and manufacturing overheads required to deliver semiconductor equipment to customers. Monitoring this figure is essential for evaluating the company's manufacturing efficiency and the direct cost structure of its core revenue streams.

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