Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Lam Research Corp., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Mar 29, 2026	Dec 28, 2025	Sep 28, 2025	Jun 29, 2025	Mar 30, 2025	Dec 29, 2024	Sep 29, 2024	Jun 30, 2024	Mar 31, 2024	Dec 24, 2023	Sep 24, 2023	Jun 25, 2023	Mar 26, 2023	Dec 25, 2022	Sep 25, 2022	Jun 26, 2022	Mar 27, 2022	Dec 26, 2021	Sep 26, 2021	Jun 27, 2021	Mar 28, 2021	Dec 27, 2020	Sep 27, 2020	Jun 28, 2020	Mar 29, 2020	Dec 29, 2019	Sep 29, 2019
Cash and cash equivalents	4,750,936)	6,180,440)	6,693,046)	6,390,659)	5,450,718)	5,665,379)	6,067,471)	5,847,856)	5,672,232)	5,623,289)	5,126,150)	5,337,056)	5,305,648)	4,484,716)	4,256,499)	3,522,001)	4,194,719)	5,086,544)	4,042,151)	4,418,263)	3,673,366)	3,687,165)	4,129,067)	4,915,172)	3,961,586)	3,035,887)	4,607,182)
Accounts receivable, less allowance	4,132,890)	3,491,987)	3,633,034)	3,378,071)	3,228,182)	3,304,946)	2,937,217)	2,519,250)	2,203,707)	2,707,458)	2,810,953)	2,823,376)	3,262,140)	4,070,088)	4,569,735)	4,313,818)	3,702,320)	3,402,840)	3,397,180)	3,026,430)	2,809,068)	2,900,362)	2,317,922)	2,097,099)	2,191,070)	2,030,490)	1,635,643)
Inventories	3,999,992)	4,037,682)	4,095,054)	4,307,991)	4,463,275)	4,358,152)	4,209,878)	4,217,924)	4,322,967)	4,429,906)	4,747,781)	4,816,190)	4,881,935)	4,819,966)	4,360,325)	3,966,294)	3,479,332)	3,074,177)	2,872,141)	2,689,294)	2,552,032)	2,348,955)	2,138,050)	1,900,024)	1,674,740)	1,528,620)	1,483,385)
Prepaid expenses and other current assets	413,099)	307,914)	385,580)	440,274)	318,147)	284,370)	277,802)	298,190)	289,530)	293,959)	308,678)	251,790)	280,304)	334,018)	426,105)	483,122)	511,730)	539,301)	833,210)	1,518,400)	2,287,804)	2,531,470)	2,689,844)	1,941,240)	1,581,389)	1,859,968)	1,108,405)
Current assets	13,296,917)	14,018,023)	14,806,714)	14,516,995)	13,460,322)	13,612,847)	13,492,368)	12,883,220)	12,488,436)	13,054,612)	12,993,562)	13,228,412)	13,730,027)	13,708,788)	13,612,664)	12,285,235)	11,888,101)	12,102,862)	11,144,682)	11,652,387)	11,322,270)	11,467,952)	11,274,883)	10,853,535)	9,408,785)	8,454,965)	8,834,615)
Property and equipment, net	2,853,614)	2,710,989)	2,510,531)	2,428,744)	2,372,203)	2,313,590)	2,214,269)	2,154,518)	2,181,741)	2,147,482)	2,110,511)	1,856,672)	1,855,117)	1,863,155)	1,718,791)	1,647,587)	1,561,875)	1,503,385)	1,372,533)	1,303,479)	1,279,836)	1,208,285)	1,133,529)	1,071,499)	1,048,619)	1,047,254)	1,030,168)
Goodwill and intangible assets, net	1,882,017)	1,864,037)	1,826,950)	1,808,685)	1,795,248)	1,761,021)	1,758,344)	1,765,073)	1,768,998)	1,777,593)	1,784,000)	1,790,943)	1,801,819)	1,805,218)	1,624,932)	1,616,963)	1,627,035)	1,601,755)	1,614,959)	1,622,499)	1,633,254)	1,641,168)	1,646,343)	1,652,968)	1,666,732)	1,677,940)	1,690,648)
Other assets	2,759,362)	2,798,122)	2,756,016)	2,590,836)	2,340,537)	2,152,458)	2,067,508)	1,941,917)	1,840,475)	1,804,165)	1,650,384)	1,905,616)	1,856,398)	1,829,220)	1,764,895)	1,645,847)	1,512,020)	1,477,426)	1,433,378)	1,313,787)	1,049,553)	1,052,969)	1,002,253)	981,045)	814,499)	733,963)	788,071)
Long-term assets	7,494,993)	7,373,148)	7,093,497)	6,828,265)	6,507,988)	6,227,069)	6,040,121)	5,861,508)	5,791,214)	5,729,240)	5,544,895)	5,553,231)	5,513,334)	5,497,593)	5,108,618)	4,910,397)	4,700,930)	4,582,566)	4,420,870)	4,239,765)	3,962,643)	3,902,422)	3,782,125)	3,705,512)	3,529,850)	3,459,157)	3,508,887)
Total assets	20,791,910)	21,391,171)	21,900,211)	21,345,260)	19,968,310)	19,839,916)	19,532,489)	18,744,728)	18,279,650)	18,783,852)	18,538,457)	18,781,643)	19,243,361)	19,206,381)	18,721,282)	17,195,632)	16,589,031)	16,685,428)	15,565,552)	15,892,152)	15,284,913)	15,370,374)	15,057,008)	14,559,047)	12,938,635)	11,914,122)	12,343,502)

Total assets exhibited a sustained upward trajectory from September 2019 through mid-2025, increasing from approximately $12.3 billion to a peak of $21.9 billion before a slight moderation to $20.8 billion by March 2026. This expansion is characterized by significant growth in both liquidity positions and long-term infrastructure investments.

Current Asset Trends: Current assets grew from $8.8 billion in September 2019 to a peak of $14.8 billion in June 2025. This growth was primarily driven by a substantial increase in inventories, which rose from $1.48 billion to a peak of $4.88 billion in March 2023, suggesting an expansion in production capacity or strategic inventory accumulation. Cash and cash equivalents remained robust, peaking at $6.69 billion in June 2025, though a notable decline to $4.75 billion occurred by March 2026.
Accounts Receivable Dynamics: Accounts receivable demonstrated significant volatility, peaking at $4.57 billion in September 2022. A subsequent contraction was observed, with balances falling to $2.20 billion by March 2024, before trending upward again to reach $4.13 billion by the end of the period in March 2026. This fluctuation indicates varying cycles in credit extension and collections.
Long-term Asset Expansion: Long-term assets more than doubled over the analyzed period, moving from $3.51 billion in 2019 to $7.49 billion in 2026. Net property and equipment showed consistent, linear growth, increasing from $1.03 billion to $2.85 billion, reflecting continuous capital expenditure. Other assets also contributed significantly to this growth, rising from $788 million to $2.76 billion.
Intangible Assets and Prepaids: Goodwill and intangible assets remained relatively stable, with a slight increase from $1.69 billion to $1.88 billion. Conversely, prepaid expenses and other current assets experienced a sharp decline after September 2020, falling from a peak of $2.69 billion to a low of $251 million in June 2023, before stabilizing between $300 million and $413 million in the final quarters.

Lam Research Corp. (NASDAQ:LRCX)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Lam Research Corp. (NASDAQ:LRCX)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data