Company / Operating Income
Lam Research Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$4.3B
FY2024
5-year range
$2.5B / $5.2B
FY2020-FY2024
Trend
-17.6%
vs FY2023
Sector context
#14 of 301
Information Technology
What the data says
Among 301 Information Technology companies, Lam Research is in the top 5% for operating income. Operating Income has fluctuated over the past 9 years, ranging from $788M in FY2017 to $5.2B in FY2023.
Based on SEC 10-K filings.
$4.3B in FY2024 with a 5-year CAGR of +9.8%. Top quartile in the Information Technology sector.
Improved from $2.7B to $4.3B over the past 2 years.
Information Technology sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +20.0%
- 5-Year CAGR
- +9.8%
- 10-Year CAGR
- -
Sector benchmark
+185.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +9.8%, indicating consistent growth.
- In FY2024, operating income decreased 17.6% year-over-year.
- Ranks #14 out of 301 companies in the Information Technology sector.
- Peak operating income 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $4.3B | -17.6% |
| FY2023 | $5.2B | +93.5% |
| FY2022 | $2.7B | +8.5% |
| FY2021 | $2.5B | -23.3% |
| FY2020 | $3.2B | +20.2% |
| FY2019 | $2.7B | +148.9% |
| FY2018 | $1.1B | +36.3% |
| FY2017 | $788.0M | -58.6% |
| FY2016 | $1.9B | +77.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026