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LAM RESEARCH CORPORATION FY 2025 10-K, explained in plain English

LRCX ยท 10-K for the period ending June 29, 2025, filed August 11, 2025 ยท Read the original on SEC.gov โ†’

Key financials โ€” as reported

Total revenue$18.4B
Gross margin48.7%
Operating income$5.9B
Net income$5.4B
Diluted EPS$4.15
Cash & equivalents$6.4B
Total assets$21.3B
Long-term debt$4.5B

Key takeaway

Lam Research posted $18.44 billion in fiscal 2025 revenue with a 48.7% gross margin and $5.36 billion in net income, translating to $4.15 diluted EPS.

๐Ÿ”’ 4 more takeaways in the full analysis

Beneath the surface

Cash of $6.39 billion against $4.5 billion in outstanding notes (DebtInstrumentCarryingAmount) implies a modest net cash position of roughly $1.9 billion, softer than the standalone debt figure might suggest.

๐Ÿ”’ 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings โ€” plus insider trades, activist stakes, and 8-K events for LRCX.

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