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
• No quarterly revenue or profitability data disclosed in this section
• $500M 2025 Notes debt settled at maturity in Q3, credit facility increased to $2B, maturity extended to 2030
• Management cautious on near-term outlook citing semiconductor demand uncertainty and potential capital market disruptions

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.

Other Lam Research Quarterly Reports

Q4 2025 10-Q

Q3 2025 10-Q

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