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

	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	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	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	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	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	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	2,428,744)	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	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	2,590,836)	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	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	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)

The analysis of the quarterly financial data reveals several notable trends and patterns across the various asset categories over the observed periods.

Cash and Cash Equivalents: The cash and cash equivalents balance exhibited fluctuations throughout the period, initially declining from approximately $4.61 billion in late September 2019 to a low near $3.69 billion by December 2020. Subsequently, a general upward trend is observable, reaching a peak above $6.06 billion by September 2024, before slightly decreasing again in the last two quarters.
Accounts Receivable, Net: Accounts receivable increased steadily from about $1.64 billion in September 2019, peaking around $4.57 billion in September 2022, indicating an expansion in credit sales or billing activities. After that, a decline is evident, falling to just above $3.22 billion by March 2025, suggesting improved collection efficiency or a decrease in sales on credit.
Inventories: Inventories rose consistently from roughly $1.48 billion in September 2019 to nearly $4.89 billion in December 2022, reflecting possible stockpiling or increased production capacity. Following this peak, a gradual reduction took place, with inventories declining to approximately $4.31 billion by June 2025, which may indicate better inventory management or changes in demand.
Prepaid Expenses and Other Current Assets: This category showed volatility. Starting around $1.11 billion in September 2019, it increased to a peak near $2.69 billion by September 2020, then declined significantly to about $250 million by June 2023. Thereafter, a modest recovery occurred, with values climbing to approximately $440 million by June 2025. This pattern may be associated with timing differences in prepaid items or adjustments in working capital policies.
Current Assets: Overall current assets increased from $8.83 billion in September 2019 to a high near $13.61 billion by June 2025, despite some fluctuations. This trend reflects growth in cash, receivables, inventories, and other short-term assets, supporting increased operational scale or liquidity.
Property and Equipment, Net: The net value of property and equipment showed steady growth from approximately $1.03 billion in September 2019 to about $2.43 billion by June 2025. The increase denotes continued investment in fixed assets, possibly in response to capacity expansion or technological upgrades.
Goodwill and Intangible Assets: Goodwill and intangible assets displayed a gradual decline from about $1.69 billion in September 2019 to approximately $1.76 billion by June 2025, although with some fluctuations. The relatively stable level suggests limited impairment or acquisition activity affecting these long-term assets.
Other Assets: Other assets increased from near $0.79 billion in September 2019 to roughly $2.59 billion by June 2025, indicating accumulation of miscellaneous long-term resources or deferred items over time.
Long-Term Assets: Long-term assets rose consistently from about $3.51 billion in September 2019 to $6.83 billion by June 2025, reflecting growth in property, equipment, intangibles, and other long-term investments.
Total Assets: Total assets increased steadily over the time frame, starting from approximately $12.34 billion in September 2019 and reaching $21.35 billion by June 2025. This demonstrates overall corporate growth, supported by increases in both current and long-term assets, notwithstanding minor periodic decreases indicative of normal business cycles or asset revaluation.

Assets: Selected Items

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Current Assets: Selected Items

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Lam Research Corp. (NASDAQ:LRCX)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data