Revenue Performance: For Q3 2025, Lam Research reported a staggering revenue of $4.72 billion, up 24.43% YoY and 7.86% QoQ, reflecting increased market demand for semiconductor fabrication equipment. Pricing strategies and volume increases in its product lines were key contributors.
Profitability Metrics: Gross profit reached $2.31 billion with a gross margin of 49.02%, an improvement attributed to optimized production processes and healthy product demand. Operating income climbed 47.74% YoY to $1.56 billion, while net income rose to $1.33 billion, indicating a net profit margin of 28.19%.
Balance Sheet Health: Lam maintains a strong balance sheet with total assets of $19.97 billion, cash and cash equivalents amounting to $5.45 billion, and a current ratio of 2.45, indicating good liquidity. The total debt of $4.48 billion and a debt-to-equity ratio of 0.471 show manageable leverage levels.