Lam Research (LRCX) Q1 2025 10-Q Quarterly Report

Filed: Apr 25, 2025Period ending Mar 30, 2025
Industrials
Special Industry Machinery, NECSEC EDGAR

Lam Research (LRCX) 10-Q quarterly report for Q1 2025, filed with SEC EDGAR on Apr 25, 2025 for the fiscal period ending Mar 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Lam Research Q1 2025 10-Q Analysis

Management Discussion & Analysis

  • Cash balance $5.5B at March 30, 2025 vs $5.9B June 30, 2024 after $2.13B share repurchases and $854.3M dividends
  • Operating cash flow $3.62B for nine months ended March 30, 2025 supporting capex $587M and debt payments $506M
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Lam Research Q1 2025 Quarterly Financials
XBRL

Revenue

$4.7B

+24.4% YoY +7.9% QoQ

Net Income

$1.3B

+37.8% YoY +11.7% QoQ

Gross Margin

49.0%

+155bp YoY +165bp QoQ

Operating Margin

33.1%

+522bp YoY +261bp QoQ

Net Margin

28.2%

+273bp YoY +97bp QoQ

EPS (Diluted)

$1.03

-86.0% YoY +12.0% QoQ

Operating Cash Flow

$1.3B

-5.5% YoY +76.4% QoQ

Source: XBRL data from Lam Research Q1 2025 10-Q filing on SEC EDGAR. All figures in USD.

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