Other

Contract with Customer, Liability

Lam Research Contract with Customer, Liability increased by 72.7% to $2.68B in Q2 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Contract with Customer, Liability shows an upward trend with a 20.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.

Detailed definition

This represents the obligation to transfer services to a customer for which the entity has received consideration or for...

Peer comparison

Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.

Metric ID: other_contract_with_customer_liability

Historical Data

3 periods
 Q2 '23Q2 '24Q2 '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%

Frequently Asked Questions

What is Lam Research's contract with customer, liability?
Lam Research (LRCX) reported contract with customer, liability of $2.68B in Q2 2025.
What is the long-term trend for Lam Research's contract with customer, liability?
Over 2 years (2023 to 2025), Lam Research's contract with customer, liability has grown at a 20.8% compound annual growth rate (CAGR), from $1.84B to $2.68B.
What does contract with customer, liability mean?
The value of services owed to customers for which payment has already been received.