Company / Revenue
Lam Research Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$14.9B
FY2024
5-year range
$9.7B / $17.4B
FY2020-FY2024
Trend
-14.5%
vs FY2023
Sector context
#31 of 295
Information Technology
What the data says
Lam Research's revenue of $14.9B is higher than 89% of companies in the Information Technology sector (FY2024). Revenue has fluctuated over the past 9 years, ranging from $5.3B in FY2017 to $17.4B in FY2023.
Based on SEC 10-K filings.
$14.9B in FY2024 with a 5-year CAGR of +8.2%. Top quartile in the Information Technology sector.
Improved from $10.0B to $14.9B over the past 2 years.
Information Technology sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +15.6%
- 5-Year CAGR
- +8.2%
- 10-Year CAGR
- -
Sector benchmark
+93.1% above sector average
Key checks
Key Insights
- 5-year CAGR of +8.2%, indicating consistent growth.
- In FY2024, revenue decreased 14.5% year-over-year.
- Ranks #31 out of 295 companies in the Information Technology sector.
- Peak revenue 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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $14.9B | -14.5% |
| FY2023 | $17.4B | +73.5% |
| FY2022 | $10.0B | +4.1% |
| FY2021 | $9.7B | -12.9% |
| FY2020 | $11.1B | +10.3% |
| FY2019 | $10.0B | +70.7% |
| FY2018 | $5.9B | +11.9% |
| FY2017 | $5.3B | -34.4% |
| FY2016 | $8.0B | +36.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026