Company / Gross Profit
Lam Research Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$7.1B
FY2024
5-year range
$4.4B / $7.8B
FY2020-FY2024
Trend
-9.3%
vs FY2023
Sector context
#17 of 237
Information Technology
What the data says
Among 237 Information Technology companies, Lam Research is in the top 7% for gross profit. Gross Profit has fluctuated over the past 9 years, ranging from $2.3B in FY2017 to $7.8B in FY2023.
Based on SEC 10-K filings.
$7.1B in FY2024 with a 5-year CAGR of +8.9%. Top quartile in the Information Technology sector.
Improved from $4.6B to $7.1B over the past 2 years.
Information Technology sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +17.4%
- 5-Year CAGR
- +8.9%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in Information TechnologyTop 7% of 237This company $7.1B Sector average $3.9B
▼
+80.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.9%, indicating consistent growth.
- In FY2024, gross profit decreased 9.3% year-over-year.
- Ranks #17 out of 237 companies in the Information Technology sector.
- Peak gross profit was recorded in FY2023.
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 ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $7.1B | -9.3% |
| FY2023 | $7.8B | +68.7% |
| FY2022 | $4.6B | +5.7% |
| FY2021 | $4.4B | -15.6% |
| FY2020 | $5.2B | +12.1% |
| FY2019 | $4.6B | +76.0% |
| FY2018 | $2.6B | +14.6% |
| FY2017 | $2.3B | -36.6% |
| FY2016 | $3.6B | +37.6% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026