Lam Research Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.08B | $8.01B | $5.89B | $5.26B | $4.60B | $3.60B | $2.70B | $3.10B |
| Systems | $7.91B | $5.33B | $3.80B | $3.37B | $2.84B | $2.11B | $1.64B | $2.04B |
| Customer Support-Related and Other | $3.17B | $2.68B | $2.08B | $1.89B | $1.77B | $1.49B | $1.06B | $1.05B |
| Cost of Revenue | $5.91B | $4.41B | $3.27B | $2.97B | $2.60B | $2.20B | $1.58B | $1.74B |
| Gross Profit | $5.17B | $3.60B | $2.62B | $2.28B | $2.01B | $1.40B | $1.08B | $1.50B |
| Gross Margin | 46.6% | 45.0% | 44.5% | 43.5% | 43.6% | 39.0% | 40.1% | 48.4% |
| Operating Expenses | ||||||||
| Research & Development | $1.19B | $1.03B | $913.7M | $825.2M | $716.5M | $683.7M | $444.6M | $373.3M |
| SG&A Expense | $762.2M | $667.5M | $631.0M | $591.6M | $613.3M | $601.3M | $401.8M | $308.1M |
| Operating Income | $3.21B | $1.90B | $1.07B | $788.0M | $677.7M | $118.1M | $237.7M | $804.3M |
| Operating Margin | 29.0% | 23.7% | 18.3% | 15.0% | 14.7% | 3.3% | 8.8% | 26.0% |
| Interest Expense | $97.4M | $117.7M | $134.8M | $73.7M | $61.7M | $60.4M | $39.0M | $5.4M |
| Pretax Income | $3.15B | $1.81B | $960.1M | $740.9M | $723.4M | $66.7M | $204.4M | $800.9M |
| Income Tax Expense | $771.1M | $113.9M | $46.1M | $85.3M | $91.1M | $-47.2M | $35.7M | $77.1M |
| Net Income | $2.38B | $1.70B | $914.0M | $655.6M | $632.3M | $113.9M | $168.7M | $723.7M |
| Net Margin | 21.5% | 21.2% | 15.5% | 12.5% | 13.7% | 3.2% | 6.2% | 23.4% |
| EPS (Basic) | $1.47 | $1.05 | $0.58 | $0.41 | $0.38 | $0.07 | $0.14 | $0.59 |
| EPS (Diluted) | $1.32 | $0.92 | $0.52 | $0.37 | $0.36 | $0.07 | $0.14 | $0.58 |
| Shares Outstanding (Basic) | 1.62B | 1.62B | 1.59B | 1.60B | 1.65B | 1.69B | 1.24B | 1.24B |
| Shares Outstanding (Diluted) | 1.81B | 1.84B | 1.75B | 1.77B | 1.75B | 1.73B | 1.25B | 1.25B |
| Dividends Per Share | $0.26 | $0.17 | $0.12 | $0.08 | $0.02 | — | — | — |