Company / Income Tax
Lam Research Income Tax History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$532.5M
FY2024
5-year range
$255.1M / $598.3M
FY2020-FY2024
Trend
-11.0%
vs FY2023
Sector context
#20 of 307
Information Technology
What the data says
Among 307 Information Technology companies, Lam Research is in the bottom 7% for income tax. Income Tax has fluctuated over the past 9 years, ranging from $46M in FY2018 to $771M in FY2020.
Based on SEC 10-K filings.
$532M in FY2024 with a 5-year CAGR of +10.5%. Top quartile in the Information Technology sector.
Increased from $323M to $532M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +27.8%
- 5-Year CAGR
- +10.5%
- 10-Year CAGR
- -
Sector benchmark
+98.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +10.5%, indicating consistent growth.
- In FY2024, income tax decreased 11.0% year-over-year.
- Ranks #20 out of 307 companies in the Information Technology sector.
- Peak income tax was recorded in FY2020.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $532.5M | -11.0% |
| FY2023 | $598.3M | +85.1% |
| FY2022 | $323.2M | +26.7% |
| FY2021 | $255.1M | -66.9% |
| FY2020 | $771.1M | +138.6% |
| FY2019 | $323.2M | +601.6% |
| FY2018 | $46.1M | -46.0% |
| FY2017 | $85.3M | -25.1% |
| FY2016 | $113.9M | +147.3% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026