Lam Research (LRCX) 10-K Summary — Year Ended Jun 30, 2024
Lam Research Corporation filed its annual 10-K report. The filing contains financial metrics and a revenue trend, but the substantive text of the business overview, risk factors, and management discussion is not included in the supplied JSON.
Key takeaway
Year ended Jun 30, 2024 · FY2025 10-K
Lam Research Corporation filed its annual 10-K report. The filing contains financial metrics and a revenue trend, but the substantive text of the business overview, risk factors, and management discussion is not included in the supplied JSON.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$14.9B
Revenue reported for the fiscal year.
Operating income
$4.3B
Income from operations reported for the year.
Net income
$3.8B
Net income reported for the year.
Operating cash flow
$4.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 27, 2021 | $14.6B | n/a |
| Jun 26, 2022 | $17.2B | +17.8% |
| Jun 25, 2023 | $17.4B | +1.2% |
| Jun 30, 2024 | $14.9B | -14.5% |
Business overview
The filing includes a Business overview section, but its content is not provided in the supplied JSON. No specific description of the company's operations is available from the data.
Financial performance
Revenue decreased compared to the prior annual period. Operating income, net income, and cash flow from operations were reported as positive figures for the period.
Material risks
The filing lists risk factors under Item 1A, but the specific risks are not included in the supplied JSON. No material risk statements can be identified from the data.
Liquidity and capital
The filing includes a Liquidity and Capital Resources section that provides an analysis of cash flows, but its detailed themes are not present in the supplied JSON.
What to watch
The revenue trend in the next annual period should be monitored, as it declined in the most recent period.