Company / Gross Margin
Lam Research Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
47.3%
FY2024
5-year range
44.6% / 47.3%
FY2020-FY2024
Trend
+6.1%
vs FY2023
Sector context
#141 of 225
Information Technology
What the data says
At 47.3%, Lam Research's gross margin ranks #141 of 225 in the Information Technology sector. Gross Margin remained relatively stable over the past 9 years, with values between 43.4% and 47.3%.
Based on SEC 10-K filings.
47.3% in FY2024 with a 5-year CAGR of +1.4%.
Improved from 45.9% to 47.3% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +2.2pp
- 5-Year Change
- +1.4pp
- 10-Year Change
- -
Sector benchmark
#141 of 225 in Information TechnologyTop 63% of 225This company 47.3% Sector average 53.6%
▼
-11.7% below sector average
Key checks
Key Insights
- In FY2024, gross margin increased 6.1% year-over-year.
- Currently 6.3pp below the Information Technology sector average.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Strong profit margin: 29.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 47.3% | +6.1% |
| FY2023 | 44.6% | -2.7% |
| FY2022 | 45.9% | +1.6% |
| FY2021 | 45.1% | -3.2% |
| FY2020 | 46.6% | +1.6% |
| FY2019 | 45.9% | +3.1% |
| FY2018 | 44.5% | +2.4% |
| FY2017 | 43.4% | -3.4% |
| FY2016 | 45.0% | +1.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026