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, discretes 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, US
Websitelamresearch.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Aug 2019)10,700(-1%)
Job Openings260
Revenue (FY, 2020)$10 B(+5%)
Share Price (Sept 2020)$305.4 (+4%)
Cybersecurity ratingAMore

Key People/Management at Lam Research

Martin Anstice

Martin Anstice

CEO
Tim Archer

Tim Archer

President and Chief Executive Officer, Director
Stephen G. Newberry

Stephen G. Newberry

Chairman
Rob Hawthorne

Rob Hawthorne

Chief Information Officer
Gary Bultman

Gary Bultman

Senior Vice President Corporate Development
Doug Bettinger

Doug Bettinger

Executive Vice President and Chief Financial Officer
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Lam Research Office Locations

Lam Research has offices in Fremont, Albany, Albuquerque, Austin and in 58 other locations
Fremont, US (HQ)
4650 Cushing Pkwy
Albany, US
255 Fuller Rd #106
Albuquerque, US
100 Sun Ave NE #603
Austin, US
12345 N Lamar Blvd #150
Ballston Spa, US
107 Hermes Rd #200
Boise, US
6401 S Eisenman Rd STE 109
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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
USD

Revenue (FY, 2020)

10.0b

Gross profit (FY, 2020)

4.6b

Gross profit margin (FY, 2020), %

45.9%

Net income (FY, 2020)

2.3b

EBIT (FY, 2020)

2.7b

Market capitalization (14-Sept-2020)

44.5b

Closing stock price (14-Sept-2020)

305.4

Cash (28-Jun-2020)

4.9b

EV

45.4b
Lam Research's current market capitalization is $44.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

8.0b11.1b9.7b10.0b

Revenue growth, %

38%(13%)

Cost of goods sold

4.4b5.9b5.3b5.4b

Gross profit

3.6b5.2b4.4b4.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.6b1.9b2.2b2.5b2.6b2.9b2.3b2.5b2.4b2.2b2.6b2.5b

Cost of goods sold

916.2m1.0b1.2b1.3b1.4b1.6b1.3b1.4b1.4b1.2b1.4b1.3b

Gross profit

716.2m846.8m971.4m1.1b1.2b1.3b1.1b1.1b1.1b981.7m1.2b1.2b

Gross profit Margin, %

44%45%45%46%47%46%45%45%44%45%46%47%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

2.4b4.5b3.7b4.9b

Accounts Receivable

1.7b2.2b1.5b2.1b

Prepaid Expenses

146.2m

Inventories

1.2b1.9b1.5b1.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.9b2.5b2.1b2.4b1.7b4.7b2.6b3.4b4.9b4.6b3.0b4.0b

Accounts Receivable

1.3b1.4b1.6b1.5b2.3b2.1b1.8b1.9b1.5b1.6b2.0b2.2b

Prepaid Expenses

149.8m

Inventories

931.6m1.0b1.1b1.3b1.5b1.7b1.9b1.7b1.6b1.5b1.5b1.7b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.7b2.4b2.2b2.3b

Depreciation and Amortization

306.9m326.4m309.3m268.5m

Inventories

(307.9m)(701.0m)281.4m(411.6m)

Accounts Payable

126.8m35.7m(131.5m)208.5m
Quarterly
USDQ1, 2017

Revenue/Employee

217.7k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2 x
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Lam Research Operating Metrics

Lam Research's Backlog was reported to be $1.6b in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$866 m$880 m$1.37 b$2.10 b$2 b$1.60 b
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Lam Research Acquisitions / Subsidiaries

Company NameDateDeal Size
CoventorAugust 31, 2017
Novellus SystemsDecember 15, 2011$3.30 b
Straatum ProcesswareJanuary 01, 2009
The SEZ GroupDecember 10, 2007
SilfexOctober 10, 2006$175 m
Coventor, Inc.
Coventor, Inc. Representative Office Taiwan
Coventor Korea Limited
Coventor Sarl
Lam Research AG
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Lam Research Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

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Lam Research Revenue Breakdown

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Lam Research revenue breakdown by geographic segment: 7.8% from United States, 6.4% from Southeast Asia, 20.4% from Japan, 22.4% from China, 22.8% from Korea, 16.5% from Taiwan and 3.7% from Other

Lam Research Online and Social Media Presence

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Lam Research News and Updates

KLA, Lam Research stocks drop after Stifel downgrades

Shares of KLA Corp. are off 1.5% in premarket trading Monday while shares of Lam Research Corp. are down 0.6% after Stifel analyst Patrick Ho downgraded the stocks to neutral from buy. "We believe the recent rally in the markets and the group has led to a less attractive valuation that has risen '…

Lam Research Commits $25 Million to COVID-19 Relief and Recovery Efforts

Lam launches fund to provide financial relief to employees and communities Lam launches fund to provide financial relief to employees and communities

Lam Research stock gains after Instinet upgrade

Shares of Lam Research Corp. are up 0.8% in Friday trading after Instinet analyst David Wong turned bullish on the stock, upgrading it to buy from neutral while maintaining a $265 target price. While he expects the semiconductor-equipment company to feel the effects of COVID-19 for the bulk of this…

Lam Research stock gains after upgrade

Lam Research Corp. shares are up 4.5% in premarket trading Friday after Mizuho analyst Vijay Rakesh upgraded the stock to buy from neutral, writing that the company looks "well positioned" for a rebound in the second half of 2020 and in 2021 based on his expectations for growth in NAND, DRAM, and e…

Applied Materials, Lam Research among 10 stocks getting downgrades at B. Riley

B. Riley analyst Craig Ellis downgraded 10 chip stocks to neutral from buy on Thursday, writing that he "underestimated potential for a risk" from outbreak of COVID-19, the disease brought on by the novel coronavirus. Among the names he downgraded are: Axcelis Technologies Inc. , Airgain Inc. , Appl…

Lam Research may not meet previously provided guidance, which it is withdrawing

Lam Research Corp. said it may not the financial guidance for its fiscal third quarter provided in late January, as the implementation of government orders prevents it from making products at its Livermore and Fremont, California facilities and from receiving parts from suppliers in Malaysia. The c…
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Lam Research Blogs

High School Students Honored by Lam with 2020 Core Value Scholarships

Despite an unconventional end to the 2020 academic school year, Lam held strong to the tradition of offering scholarships to some amazing high school students in our communities. Lam is proud to recognize the achievements of the following students with our 2020 Lam Research High School Core Value Sc…

Together, We’re Stronger

In addition to our $25 million commitment to COVID-19 relief and recovery efforts, many of our employees have been finding ways to help and innovating beyond our products to support today’s crisis. See how our employees are showcasing their #LamCares spirit to build stronger, more resilient communit…

Small, To Big, To Better

Diagnosis of any kind requires the synthesis of information. As humans we are much better at doing this when we have ways of visualizing information versus looking at numbers and statistics, especially when the data represents something happening over time. Think of a GPS tracker that shows where yo…

Lam and VELO3D Strike Strategic Agreement to Use Metal Additive Manufacturing Applications for Production of Semiconductor Capital Equipment

VELO3D and Lam today announced a joint development agreement that includes collaboration on novel materials and designs in metal additive manufacturing — or 3D printing ...

Lam Research and VELO3D Strike Strategic Agreement to Use Metal Additive Manufacturing Applications for Production of Semiconductor Capital Equipment

The VELO3D Sapphire 3D metal printer (Photo: Business Wire) Joint agreement includes proprietary process development and investment in  VELO 3D CAMPBELL, Calif.--(BUSINESS WIRE)--Digital manufacturing innovator VELO3D and Lam Research Corporation (Nasdaq: LRCX) today announced a joint development

Connect at SEMICON Southeast Asia

SEMICON Southeast Asia, the region’s premier electronics manufacturing supply chain exposition and conference, has gone virtual. Industry experts from around the world will share insights on advancing packaging and sustainable manufacturing, as well as test and yield analysis know-how. The two-part …
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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 Stephen G. Newberry.

  • How many employees does Lam Research have?

    Lam Research has 10,700 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 $938.8 k.

  • Who are Lam Research competitors?

    Competitors of Lam Research include Applied Materials, KLA and ASML.

  • 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, Albuquerque, Austin and in 58 other locations.

  • How many offices does Lam Research have?

    Lam Research has 93 offices.