Lam Research Corporation (LRCX) balance sheet
NASDAQ · Technology · Semiconductors · 23,300 employees · CEO Timothy Archer
- Price
- $239.11 -6.01%
- Market cap
- $299B
- Enterprise value
- $296B
- Last report
- Q1 '27 filed 2026-10-22
- Next report
- 2027-01-27 EPS est. $2.34
At the end of Q1 '27 Lam Research Corporation (LRCX) held $7.44B in cash and short-term investments against $3.74B of debt incl. leases. Total assets $26.4B, total liabilities $12.4B, shareholders' equity $13.9B.
Balance sheet
| Balance sheet | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $5.62B | $5.67B | $5.85B | $6.07B | $5.67B | $5.45B | $6.39B | $6.69B | $6.18B | $4.75B | $5.58B | $7.44B | |
| Short-term investments | $14.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Receivables | $2.71B | $2.2B | $2.52B | $2.94B | $3.3B | $3.23B | $3.38B | $3.63B | $3.49B | $4.13B | $5.34B | $5.66B | |
| Inventory | $4.43B | $4.32B | $4.22B | $4.21B | $4.36B | $4.46B | $4.31B | $4.1B | $4.04B | $4B | $4.28B | $4.55B | |
| Other current assets | $279M | $290M | $298M | $278M | $284M | $318M | $440M | $386M | $308M | $0 | $0 | $478M | |
| Current assets | $13.1B | $12.5B | $12.9B | $13.5B | $13.6B | $13.5B | $14.5B | $14.8B | $14B | $13.3B | $15.6B | $18.1B | |
| Property, plant & equipment (net) | $2.15B | $2.18B | $2.15B | $2.21B | $2.31B | $2.37B | $2.43B | $2.51B | $2.71B | $2.85B | $2.96B | $3.13B | |
| Long-term investments | $0 | $1.52M | $2.95M | $4.61M | $12M | $12.3M | $17M | $18.8M | $15.2M | $15.9M | $18.8M | $0 | |
| Goodwill | $1.63B | $1.63B | $1.63B | $1.6B | $0 | $0 | $1.63B | $0 | $0 | $0 | $1.63B | $1.91B | |
| Intangible assets | $151M | $142M | $139M | $158M | $1.76B | $1.8B | $182M | $1.83B | $1.86B | $1.88B | $269M | $0 | |
| Other non-current assets | $1.8B | $1.84B | $1.94B | $2.06B | $2.14B | $2.33B | $2.57B | $2.74B | $2.78B | $2.74B | $3.05B | $3.19B | |
| Non-current assets | $5.73B | $5.79B | $5.86B | $6.04B | $6.23B | $6.51B | $6.83B | $7.09B | $7.37B | $7.49B | $7.92B | $8.23B | |
| Total assets | $18.8B | $18.3B | $18.7B | $19.5B | $19.8B | $20B | $21.3B | $21.9B | $21.4B | $20.8B | $23.5B | $26.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $500M | $532M | $614M | $704M | $822M | $853M | $854M | $863M | $1.03B | $1.07B | $1.3B | $1.59B | |
| Accrued expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $726M | $798M | $600M | $695M | $867M | |
| Short-term debt | $3.78M | $505M | $501M | $505M | $504M | $754M | $750M | $754M | $754M | $4.1M | $94.5M | $3.49M | |
| Taxes payable | $307M | $245M | $187M | $476M | $670M | $691M | $603M | $646M | $668M | $622M | $681M | $0 | |
| Deferred revenue | $1.79B | $1.6B | $1.42B | $1.94B | $1.93B | $1.88B | $2.57B | $2.65B | $2.16B | $2.09B | $2.28B | $2.43B | |
| Other current liabilities | $1.41B | $1.29B | $1.35B | $1.42B | $1.5B | $1.4B | $1.56B | $1.26B | $1.25B | $1.29B | $1.3B | $1.2B | |
| Current liabilities | $4.27B | $4.43B | $4.34B | $5.34B | $5.35B | $5.49B | $6.57B | $6.71B | $6.21B | $5.24B | $5.94B | $7.31B | |
| Long-term debt | $4.98B | $4.48B | $4.47B | $4.48B | $4.48B | $3.73B | $3.72B | $3.73B | $3.73B | $3.73B | $3.72B | $3.73B | |
| Lease obligations (non-current) | $0 | $0 | $12.5M | $0 | $0 | $0 | $10.5M | $0 | $0 | $0 | $305M | $0 | |
| Other non-current liabilities | $1.31B | $1.35B | $1.39B | $1.24B | $1.2B | $1.24B | $1.19B | $1.27B | $1.3B | $1.23B | $1.09B | $1.4B | |
| Non-current liabilities | $6.29B | $5.83B | $5.87B | $5.72B | $5.68B | $4.97B | $4.92B | $5B | $5.03B | $4.96B | $5.12B | $5.13B | |
| Total liabilities | $10.6B | $10.3B | $10.2B | $11.1B | $11B | $10.5B | $11.5B | $11.7B | $11.2B | $10.2B | $11.1B | $12.4B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $131K | $131K | $130K | $1.29M | $1.29M | $1.28M | $1.27M | $1.26M | $1.25M | $1.25M | $1.25M | $1.25M | |
| Retained earnings | $23.3B | $24.1B | $24.8B | $25.6B | $26.5B | $27.6B | $29B | $30.2B | $31.5B | $33B | $35B | $37.3B | |
| Accumulated other comprehensive income | -$118M | -$128M | -$130M | -$87.8M | -$134M | -$124M | -$62.4M | -$73.6M | -$98.7M | -$121M | -$127M | -$127M | |
| Shareholders' equity | $8.22B | $8.02B | $8.54B | $8.47B | $8.81B | $9.51B | $9.86B | $10.2B | $10.1B | $10.6B | $12.5B | $13.9B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.98B | $4.98B | $4.98B | $4.98B | $4.98B | $4.48B | $4.48B | $4.48B | $4.48B | $3.73B | $4.12B | $3.74B | |
| Net debt (debt - cash) | -$640M | -$689M | -$865M | -$1.08B | -$683M | -$966M | -$1.91B | -$2.21B | -$1.7B | -$1.02B | -$1.46B | -$3.7B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $2.38B | $4.51B | $3.66B | $4.92B | $4.42B | $3.52B | $5.34B | $5.85B | $6.39B | $5.58B | |
| Short-term investments | $3.66B | $437M | $1.77B | $1.8B | $1.31B | $136M | $37.6M | $0 | $0 | $0 | |
| Receivables | $1.67B | $2.18B | $1.46B | $2.1B | $3.03B | $4.31B | $2.82B | $2.52B | $3.38B | $5.34B | |
| Inventory | $1.23B | $1.88B | $1.54B | $1.9B | $2.69B | $3.97B | $4.82B | $4.22B | $4.31B | $4.28B | |
| Other current assets | $8.27M | $7.69M | $1.37M | $0 | $0 | $0 | -$37.6M | $298M | $440M | $0 | |
| Current assets | $9.14B | $9.15B | $8.56B | $10.9B | $11.7B | $12.3B | $13.2B | $12.9B | $14.5B | $15.6B | |
| Property, plant & equipment (net) | $686M | $903M | $1.06B | $1.25B | $1.48B | $1.65B | $1.86B | $2.15B | $2.43B | $2.96B | |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.95M | $17M | $18.8M | |
| Goodwill | $1.39B | $1.48B | $1.48B | $1.48B | $1.49B | $1.52B | $1.62B | $1.63B | $1.63B | $1.63B | |
| Intangible assets | $411M | $318M | $217M | $169M | $132M | $102M | $168M | $139M | $182M | $269M | |
| Deferred tax assets | -$256M | -$256M | -$257M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current assets | $754M | $881M | $937M | $806M | $1.14B | $1.65B | $1.91B | $1.94B | $2.57B | $3.05B | |
| Non-current assets | $2.98B | $3.33B | $3.44B | $3.71B | $4.24B | $4.91B | $5.55B | $5.86B | $6.83B | $7.92B | |
| Total assets | $12.1B | $12.5B | $12B | $14.6B | $15.9B | $17.2B | $18.8B | $18.7B | $21.3B | $23.5B | |
| Liabilities | |||||||||||
| Accounts payable | $465M | $511M | $377M | $592M | $830M | $1.01B | $471M | $614M | $854M | $1.3B | |
| Accrued expenses | $192M | $251M | $274M | $370M | $457M | $0 | $0 | $0 | $0 | $695M | |
| Short-term debt | $908M | $610M | $667M | $836M | $0 | $0 | $421K | $501M | $750M | $94.5M | |
| Taxes payable | $95.1M | $185M | $49.9M | $216M | $348M | $466M | $885M | $187M | $0 | $0 | |
| Deferred revenue | $608M | $720M | $381M | $458M | $967M | $1.57B | $1.7B | $1.42B | $2.57B | $2.28B | |
| Other current liabilities | $609M | $699M | $464M | $520M | $729M | $1.3B | $1.32B | $1.35B | $1.48B | $977M | |
| Current liabilities | $2.95B | $3.15B | $2.37B | $3.16B | $3.53B | $4.56B | $4.18B | $4.34B | $6.57B | $5.94B | |
| Long-term debt | $1.78B | $1.81B | $3.82B | $4.96B | $4.95B | $4.96B | $4.96B | $4.47B | $3.72B | $3.72B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $11.5M | $29.4M | $36M | $38.2M | $12.5M | $204M | $305M | |
| Other non-current liabilities | $400M | $943M | $1.08B | $1.24B | $1.35B | $1.35B | $1.38B | $1.39B | $992M | $1.09B | |
| Non-current liabilities | $2.19B | $2.75B | $4.91B | $6.21B | $6.34B | $6.35B | $6.39B | $5.87B | $4.92B | $5.12B | |
| Total liabilities | $5.14B | $5.9B | $7.28B | $9.38B | $9.86B | $10.9B | $10.6B | $10.2B | $11.5B | $11.1B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $162K | $157K | $144K | $145K | $143K | $137K | $133K | $130K | $1.27M | $1.25M | |
| Retained earnings | $6.25B | $8.26B | $9.93B | $11.5B | $14.7B | $18.5B | $22B | $24.8B | $29B | $35B | |
| Accumulated other comprehensive income | -$61.7M | -$57.4M | -$64M | -$94.2M | -$64.1M | -$110M | -$101M | -$130M | -$62.4M | -$127M | |
| Shareholders' equity | $6.99B | $6.58B | $4.72B | $5.18B | $6.03B | $6.28B | $8.21B | $8.54B | $9.86B | $12.5B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $2.69B | $2.42B | $4.49B | $5.81B | $5B | $5.01B | $5.01B | $4.98B | $4.76B | $4.12B | |
| Net debt (debt - cash) | $316M | -$2.1B | $832M | $896M | $577M | $1.48B | -$326M | -$865M | -$1.63B | -$1.46B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-27, 10-K 2026-06-28, 10-Q 2026-03-29, 10-Q 2025-12-28, 10-Q 2025-09-28, 10-K 2025-06-29, 10-Q 2025-03-30, 10-Q 2024-12-29, 10-Q 2024-09-29
Data as of 2026-11-01