Lam Research Corp (LRCX)

Net profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Net income US$ in thousands 5,358,220 3,827,770 4,510,930 4,605,290 3,908,460
Revenue US$ in thousands 18,435,600 14,905,400 17,428,500 17,227,000 14,626,200
Net profit margin 29.06% 25.68% 25.88% 26.73% 26.72%

June 30, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $5,358,220K ÷ $18,435,600K
= 29.06%

The net profit margin of Lam Research Corp has exhibited relatively stable performance over the observed period, with minor fluctuations. On June 30, 2021, the net profit margin stood at 26.72%, which remained virtually unchanged at 26.73% on June 30, 2022. A slight decline is observed by June 30, 2023, when the margin decreased to 25.88%. This downward trend continued marginally into June 30, 2024, with the net profit margin declining further to 25.68%. However, by June 30, 2025, a notable increase is evident, with the margin rising to 29.06%.

Overall, the margins suggest that Lam Research Corp has maintained consistent profitability levels over the years, with a temporary dip around 2023 and 2024, followed by an improvement in 2025. These trends may reflect shifts in operational efficiency, cost control, or profitability strategies, culminating in a significant rebound in the latest fiscal year.


Peer comparison

Jun 30, 2025

Company name
Symbol
Net profit margin
Lam Research Corp
LRCX
29.06%
Axcelis Technologies Inc
ACLS
19.75%
Azenta Inc
AZTA
-25.26%
Veeco Instruments Inc
VECO
10.28%

See also:

Lam Research Corp Net Profit Margin