Silicon AnalyticaLam Research
FY2024 · Reported- Revenue
- $14.9B
- ▼ −14.5% y/y
- Net income
- $3.8B
- ▼ −15.1% y/y
- Gross margin
- 47.3%
- +2.7 pp y/y
Earnings · Fiscal year
Lam Research FY2024 earnings: revenue, margins and segments
Fiscal year 2024 (Jul 2023–Jun 2024) · Reported
Summary
Revenue fell 14.5% from a year earlier to $14.9B.
Net income fell 15.1% to $3.8B.
Gross margin was 47.3%, up 2.7 percentage points from a year earlier.
By geography, China was the largest contributor at 42.2% of revenue.
Built from the stored figures above; Reported values are as filed, Calculated values are Silicon Analytica arithmetic from those filings. Percentages and margins are never converted to US$; ≈US$ amounts are approximate.
Revenue mix, FY2024
Total of categories: US$14.9B, reconciles to reported revenue. Different classifications are never added together.
View sources
- Lam Research Form 10-K for fiscal 2026 · Notes, revenues by geographic region (location of customers’ facilities), in thousands · FY2024 · published 7 Aug 2026
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