Lam Research Corp Reports $5.32B Revenue in Q3

By Ahmed Jameison • Saturday, October 25 10:23 • Permanent Link

In the latest 10-Q filing, Lam Research Corporation reported a revenue of $5.32 billion for the three months ended September 28, 2025, representing a 3% increase compared to the previous quarter. The company's gross margin was $2.68 billion, accounting for 50.4% of total revenue, indicating a slight improvement from the previous quarter.

The revenue breakdown by region shows that China contributed the largest share at 43%, followed by Taiwan at 19% and Korea at 15%. Notably, China's contribution to revenue increased from the previous quarter, reflecting the dynamic nature of the company's geographic revenue distribution.

Within the revenue categories, systems revenue amounted to $3.55 billion, while customer support-related revenue and other services totaled $1.78 billion. Foundry equipment spending by customers drove the increase in revenue, particularly in the mature node investments segment.

The company's investments in research and development (R&D) remained significant, with $576.45 million allocated to R&D in the September 2025 quarter. This represents 10.8% of total revenue, reflecting a consistent commitment to innovation and technology advancement.

Lam Research Corporation's cash, cash equivalents, and restricted cash balances increased to $6.7 billion at the end of the September 2025 quarter, primarily driven by $1.78 billion of cash generated from operating activities. However, the company also engaged in share repurchases, dividend payments, and capital expenditures during the period.

The filing also highlighted the company's customer base, including leading semiconductor memory, foundry, and integrated device manufacturers. Notably, the company's products and services are designed to support the development of smaller and better-performing devices used in various electronic products, including mobile phones, personal computers, cloud and enterprise servers, wearables, automotive vehicles, and data storage devices.

As a result of these announcements, the company's shares have moved 4.45% on the market, and are now trading at a price of $147.54. If you want to know more, read the company's complete 10-Q report here.

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