OverviewSuggest Edit

Lam Research is a supplier of semiconductor manufacturing equipment and services to chipmaking companies. The company offers transistor, interconnect, patterning, advanced memory, and chip packaging solutions, as well as provides sensors and transducers, analog and mixed signal, discrete and power devices, optoelectronics, and photonics solutions. It leverages an advanced process technology, comprising deposition, etching, strip and clean techniques, and mass metrology.

TypePublic
Founded1980
HQFremont, CA, US
Websitelamresearch.com
Employee Ratings4.2
Overall CultureC-

Latest Updates

Employees (est.) (Aug 2021)14,100(+25%)
Job Openings689
Revenue (FY, 2020)$10 B(+5%)
Share Price (Sept 2021)$603.5
Cybersecurity ratingAMore

Key People/Management at Lam Research

Martin Anstice

Martin Anstice

CEO
Tim Archer

Tim Archer

President and Chief Executive Officer, Director
Rob Hawthorne

Rob Hawthorne

Chief Information Officer
Audrey Charles

Audrey Charles

Senior Vice President Corporate Strategy
Doug Bettinger

Doug Bettinger

Executive Vice President and Chief Financial Officer
Scott Meikle

Scott Meikle

Senior Vice President, Global Customer Operations
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Lam Research Office Locations

Lam Research has offices in Fremont, Albany, Austin, Ballston Spa and in 56 other locations
Fremont, CA, US (HQ)
4650 Cushing Pkwy
Albany, NY, US
255 Fuller Rd #106
Austin, TX, US
12345 N Lamar Blvd #150
Ballston Spa, NY, US
107 Hermes Rd #200
Boise, ID, US
6401 S Eisenman Rd STE 109
Chandler, AZ, US
2727 W. Frye Road Suite 100, Chandler 101 Business Center
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Lam Research Financials and Metrics

Lam Research Revenue

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Lam Research's revenue was reported to be $10.04 b in FY, 2020 which is a 4.1% increase from the previous period.
USD

Revenue (Q3, 2021)

3.8b

Gross profit (Q3, 2021)

1.8b

Gross profit margin (Q3, 2021), %

46.3%

Net income (Q3, 2021)

1.1b

EBIT (Q3, 2021)

1.2b

Market capitalization (14-Sept-2021)

86.1b

Closing stock price (14-Sept-2021)

603.5

Cash (28-Mar-2021)

3.7b

EV

88.2b
Lam Research's current market capitalization is $86.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

11.1b9.7b10.0b

Revenue growth, %

38%(13%)4%

Cost of goods sold

5.9b5.3b5.4b

Gross profit

5.2b4.4b4.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

2.3b2.5b2.4b2.2b2.6b2.5b3.2b3.5b3.8b

Cost of goods sold

1.3b1.4b1.4b1.2b1.4b1.3b1.7b1.9b2.1b

Gross profit

1.1b1.1b1.1b981.7m1.2b1.2b1.5b1.6b1.8b

Gross profit Margin, %

45%45%44%45%46%47%47%46%46%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

4.5b3.7b4.9b

Accounts Receivable

2.2b1.5b2.1b

Prepaid Expenses

147.2m133.5m146.2m

Inventories

1.9b1.5b1.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

2.6b3.4b4.9b4.6b3.0b4.0b4.1b3.7b3.7b

Accounts Receivable

1.8b1.9b1.5b1.6b2.0b2.2b2.3b2.9b2.8b

Prepaid Expenses

175.9m148.2m156.8m124.8m212.1m149.8m161.0m176.4m171.7m

Inventories

1.9b1.7b1.6b1.5b1.5b1.7b2.1b2.3b2.6b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.4b2.2b2.3b

Depreciation and Amortization

326.4m309.3m268.5m

Inventories

(701.0m)281.4m(411.6m)

Accounts Payable

35.7m(131.5m)208.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

533.4m1.1b1.6b465.8m980.3m1.6b823.5m1.7b2.8b

Depreciation and Amortization

79.8m161.6m243.9m64.7m130.2m197.4m72.9m149.3m228.8m

Cash From Operating Activities

720.3m1.4b2.3b464.0m772.0m1.3b642.5m987.1m2.2b

Purchases of PP&E

(56.1m)(162.0m)(237.5m)(39.3m)(101.3m)(152.7m)(62.8m)(154.9m)(244.5m)
USDFY, 2018

Revenue/Employee

1.2m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Lam Research Operating Metrics

Lam Research's Backlog was reported to be $2.9b in FY, 2020.
FY, 2018FY, 2019FY, 2020

Backlog

$2 b$1.6 b$2.9 b
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Lam Research Acquisitions / Subsidiaries

Company NameDateDeal Size
CoventorAugust 31, 2017
Novellus SystemsDecember 15, 2011$3.3 b
Straatum ProcesswareJanuary 01, 2009
The SEZ GroupDecember 10, 2007
SilfexOctober 10, 2006$175 m
Coventor, Inc.
Coventor Korea Limited
Coventor Sarl
Lam Research AG
Lam Research Belgium BVBA
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Lam Research Revenue Breakdown

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Lam Research revenue breakdown by business segment: 66.0% from Systems Revenue and 34.0% from Customer Support-related Revenue and Other

Lam Research revenue breakdown by geographic segment: 8.1% from United States, 5.9% from Southeast Asia, 9.5% from Japan, 30.7% from China, 23.8% from Korea, 19.0% from Taiwan and 3.1% from Other

Human Capital Metrics

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Lam Research Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Lam Research Online and Social Media Presence

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Lam Research Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    A+

    82/100

  • Compensation

    C+

    67/100

  • Diversity

    B-

    69/100

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Lam Research News and Updates

Lam Research expands in Oregon

Lam Research plans to expand its manufacturing footprint in Oregon with a new 45,000 square foot facility in the city of Sherwood, planned to open in December 2021.

Evertiq - Lam Research expands in Oregon

Evertiq - Lam Research expands in Oregon

Lam Research plans new Sherwood factory , says it will hire 300

Lam Research plans new Sherwood factory , says it will hire 300

Lam Research plans new Sherwood factory, says it will hire 300

Semiconductor equipment manufacturer Lam Research said Thursday it will open a new factory in Sherwood this fall and hire 300 people to work there amid a massive, global boom in demand for computer chips.

Lam Research (NASDAQ:LRCX) Is Increasing Its Dividend To US$1.50

Lam Research (NASDAQ:LRCX) Is Increasing Its Dividend To US$1.50

Thinking about trading options or stock in Lam Research, Tesla, AMC Entertainment, Microsoft, or Carnival Corp?

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LRCX, TSLA, AMC, MSFT, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
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Lam Research Blogs

Lam’s internships: moving the world forward together

Lam provides an environment that fuels innovation and big ideas at every level, starting with our interns. Whether it was in-person, virtually, or a combination of both, our interns supported projects that will help to move our solutions forward, all while having some fun along the way! Hear below f…

Lam ships its 10,000th single wafer clean chamber

Lam recently achieved an impressive product milestone with the shipment of our 10,000th single wafer clean chamber. This marks an incredible journey from the SP100 single chamber product first shipped in 1991 to the state-of-the-art EOS® 16-chamber tools shipped today to the most advanced fabs in th…

Lam’s growing presence in the Pacific Northwest

As we continue to build a manufacturing workforce of the future, Lam will expand its footprint in Oregon with a new 45,000 square foot facility in the city of Sherwood. The new site is planned to begin operations in December 2021 and is expected to create approximately 300 new jobs for local residen…

Expanding our parental leave policy to create more flexibility for families

The most important job many of our employees will ever have is not at Lam Research or any other company—it’s the job of being a parent. That’s why Lam is enhancing our U.S. parental leave program, expanding our paid maternity leave for birth mothers up to six months and providing all parents with up…

Lam’s net zero pathway: working toward sustainability transformation

Heat domes and wildfires in the Western U.S., increased intensity of hurricanes, rising sea levels, floods, and more. It can all feel a bit overwhelming. Climate change is one of the most substantial challenges of our time and we are already experiencing its impact. The post Lam’s net zero pathway: …

Unlocking innovation through university research collaborations

We play a critical role in driving semiconductor breakthroughs for the next generation. Since 2015, Unlock Ideas has been an integral program to unleash the power of innovation by providing gifts to university faculty to test the feasibility of new concepts.
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Lam Research Frequently Asked Questions

  • When was Lam Research founded?

    Lam Research was founded in 1980.

  • Who are Lam Research key executives?

    Lam Research's key executives are Martin Anstice, Tim Archer and Rob Hawthorne.

  • How many employees does Lam Research have?

    Lam Research has 14,100 employees.

  • What is Lam Research revenue?

    Latest Lam Research annual revenue is $10 b.

  • What is Lam Research revenue per employee?

    Latest Lam Research revenue per employee is $712.4 k.

  • Who are Lam Research competitors?

    Competitors of Lam Research include SEMES, Tokyo Electron and ASM Pacific Technology.

  • Where is Lam Research headquarters?

    Lam Research headquarters is located at 4650 Cushing Pkwy, Fremont.

  • Where are Lam Research offices?

    Lam Research has offices in Fremont, Albany, Austin, Ballston Spa and in 56 other locations.

  • How many offices does Lam Research have?

    Lam Research has 87 offices.