LAM RESEARCH CORP
For the period ended Jul 30, 2025. Filed Jul 30, 2025.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jul 30, 2025 · Filed Jul 30, 2025
Use the contents to explore the available documents and sections.
LRCX$200.44+8.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except per share data)
(in thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| June 29,2025 | March 30,2025 | |
| U.S. GAAP net income | $1,720,088 | $1,330,667 |
| Pre-tax non-GAAP items: | ||
| Amortization related to intangible assets acquired through certain business combinations - cost of goods sold | 2,687 | 2,687 |
| Elective deferred compensation ("EDC") related liability valuation increase (decrease) - cost of goods sold | 8,556 | (3,982) |
| EDC related liability valuation increase (decrease) - research and development | 15,401 | (7,168) |
| Amortization related to intangible assets acquired through certain business combinations - selling, general and administrative | 538 | 538 |
| EDC related liability valuation increase (decrease) - selling, general and administrative | 10,267 | (4,779) |
| Amortization of note discounts - other income (expense), net | 689 | 759 |
| (Gain) loss on EDC related asset - other income (expense), net | (34,102) | 16,903 |
| Net income tax (benefit) expense on non-GAAP items | (1,668) | 381 |
| Income tax benefit on the conclusion of certain tax matters | (24,740) | — |
| Non-GAAP net income | $1,697,716 | $1,336,006 |
| Non-GAAP net income per diluted share | $1.33 | $1.04 |
| U.S. GAAP net income per diluted share | $1.35 | $1.03 |
| U.S. GAAP and non-GAAP number of shares used for per diluted share calculation | 1,276,933 | 1,288,100 |
Reconciliation of U.S. GAAP Gross Margin, Operating Expenses and Operating Income to Non-GAAP Gross Margin, Operating Expenses and Operating Income
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.