Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. As a trusted, collaborative partner to the world's leading semiconductor companies, the company combines superior systems engineering capability, technology leadership, and unwavering commitment to customer success to accelerate innovation through enhanced device performance. In fact, today, nearly every advanced chip is built with Lam technology. Lam Research is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe..
Company profile
Ticker
LRCX
Exchange
Website
CEO
Timothy Archer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Milacron • Azenta • Cricut • Axcelis • Intevac • Manitex International • Desktop Metal • Amtech Systems • Energy Recovery • ACM Research ...
SEC CIK
Corporate docs
Subsidiaries
Lam Research AG • Lam Research Management GmbH • Lam Research Belgium BV • Novellus Systems, Inc. • Novellus Systems International, LLC • Lam Research Capital Ltd. • Lam Research • Lam Research (Shanghai) Co., Ltd. • Lam Research Service Co., Ltd. • Coventor, Inc. ...
IRS number
942634797
LRCX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Lam Research Announces New Executive Appointments to Extend Innovation Leadership and Position the Company for Long-Term Growth
21 Feb 23
8-K
Lam Research Appoints Semiconductor Engineering Leader Dr. Ho Kyu Kang
9 Feb 23
10-Q
2023 Q2
Quarterly report
30 Jan 23
8-K
Results of Operations and Financial Condition
25 Jan 23
8-K
Submission of Matters to a Vote of Security Holders
10 Nov 22
10-Q
2023 Q1
Quarterly report
24 Oct 22
8-K
Results of Operations and Financial Condition
19 Oct 22
DEFA14A
Additional proxy soliciting materials
28 Sep 22
DEF 14A
Definitive proxy
28 Sep 22
8-K
Departure of Directors or Certain Officers
19 Sep 22
Transcripts
LRCX
Earnings call transcript
2023 Q2
25 Jan 23
LRCX
Earnings call transcript
2023 Q1
19 Oct 22
LRCX
Earnings call transcript
2022 Q4
28 Jul 22
LRCX
Earnings call transcript
2022 Q3
20 Apr 22
LRCX
Earnings call transcript
2022 Q2
27 Jan 22
LRCX
Earnings call transcript
2021 Q3
21 Oct 21
LRCX
Earnings call transcript
2021 Q4
29 Jul 21
LRCX
Earnings call transcript
2021 Q3
21 Apr 21
LRCX
Earnings call transcript
2021 Q3
21 Apr 21
LRCX
Earnings call transcript
2021 Q2
28 Jan 21
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.74 bn | 4.74 bn | 4.74 bn | 4.74 bn | 4.74 bn | 4.74 bn |
| Cash burn (monthly) | (no burn) | 50.11 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 160.90 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 4.58 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 91.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
83.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1297 |
| Opened positions | 199 |
| Closed positions | 138 |
| Increased positions | 422 |
| Reduced positions | 497 |
| 13F shares | Current |
|---|---|
| Total value | 47.39 tn |
| Total shares | 112.55 mm |
| Total puts | 3.95 mm |
| Total calls | 2.98 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 11.79 mm | $4.95 tn |
| BLK Blackrock | 11.03 mm | $4.63 tn |
| STT State Street | 5.60 mm | $2.37 tn |
| AMP Ameriprise Financial | 4.98 mm | $2.09 tn |
| FMR | 4.65 mm | $1.95 tn |
| JPM JPMorgan Chase & Co. | 3.76 mm | $1.58 tn |
| T. Rowe Price | 3.39 mm | $1.43 tn |
| Fisher Asset Management | 2.64 mm | $1.11 tn |
| JHG Janus Henderson | 2.60 mm | $1.09 tn |
| Geode Capital Management | 2.52 mm | $1.06 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 Mar 23 | Christina Corrreia | Common Stock | Payment of exercise | Dispose F | No | No | 489.98 | 111 | 54.39 k | 7,707 |
| 2 Mar 23 | Christina Corrreia | Common Stock | Payment of exercise | Dispose F | No | No | 489.98 | 317 | 155.32 k | 7,818 |
| 1 Mar 23 | Scott Gerald Meikle | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 102 | 50.07 k | 22,954 |
| 1 Mar 23 | Scott Gerald Meikle | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 128 | 62.84 k | 23,056 |
| 1 Mar 23 | Richard A Gottscho | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 573 | 281.30 k | 30,398 |
| 1 Mar 23 | Richard A Gottscho | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 300 | 147.28 k | 30,971 |
| 1 Mar 23 | Christina Corrreia | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 58 | 28.47 k | 8,135 |
| 1 Mar 23 | Christina Corrreia | Common Stock | Payment of exercise | Dispose F | No | No | 490.92 | 57 | 27.98 k | 8,193 |
| 1 Mar 23 | Christina Corrreia | Common Stock | Grant | Acquire A | No | No | 0 | 2,413 | 0.00 | 8,250 |
| 1 Mar 23 | Christina Corrreia | Common Stock | Grant | Acquire A | No | No | 0 | 603 | 0.00 | 5,837 |
News
Taiwan Semiconductor Urges Government To Boost Domestic Chip Gear, Material Making Position
30 Mar 23
Why Lam Research (LRCX) Stock Is Moving
29 Mar 23
One Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock Crash
28 Mar 23
Lam Research Unusual Options Activity For March 28
28 Mar 23
Lam Research Unusual Options Activity For March 24
24 Mar 23
Press releases
Lam Research Corporation Announces March 2023 Quarter Financial Conference Call
30 Mar 23
Lam Research Named as One of Ethisphere's 2023 World's Most Ethical Companies®
13 Mar 23
Lam Research Corporation Announces Participation at Upcoming Conference
23 Feb 23
Lam Research Announces New Executive Appointments to Extend Innovation Leadership and Position the Company for Long-Term Growth
21 Feb 23
Lam Research Appoints Semiconductor Engineering Leader Dr. Ho Kyu Kang to Board of Directors
9 Feb 23