Lam Research Q2 2025 Earnings Report
Key Takeaways
Lam Research Corporation reported revenue of $4.38 billion for the December 2024 quarter. The U.S. GAAP diluted EPS was $0.92, and the non-GAAP diluted EPS was $0.91.
Revenue of $4.38 billion.
U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92.
Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of revenue of 30.7%, and non-GAAP diluted EPS of $0.91.
Cash, cash equivalents, and restricted cash balances decreased to $5.7 billion.
Lam Research
Lam Research
Forward Guidance
For the quarter ended March 30, 2025, Lam is providing the following guidance: Revenue $4.65 Billion+/-$300 Million, Gross margin as a percentage of revenue 47.9%+/-1%, Operating income as a percentage of revenue 31.9%+/-1%, Net income per diluted share $1.00+/-$0.10, Diluted share count 1.29 Billion