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.
Paying user area
Try for free
Lam Research Corp. pages available for free this week:
- Income Statement
- Statement of Comprehensive Income
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Geographic Areas
- Enterprise Value (EV)
- Net Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Price to Operating Profit (P/OP) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Lam Research Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Lam Research Corp., consolidated balance sheet: assets (quarterly data)
US$ in thousands
Based on: 10-Q (reporting date: 2025-09-28), 10-K (reporting date: 2025-06-29), 10-Q (reporting date: 2025-03-30), 10-Q (reporting date: 2024-12-29), 10-Q (reporting date: 2024-09-29), 10-K (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-24), 10-Q (reporting date: 2023-09-24), 10-K (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-Q (reporting date: 2022-09-25), 10-K (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-Q (reporting date: 2021-09-26), 10-K (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-Q (reporting date: 2020-09-27), 10-K (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-Q (reporting date: 2019-09-29).
The analysis of the quarterly financial data reveals several noteworthy trends in asset composition and fluctuations over the reviewed periods.
- Cash and cash equivalents
- There is a generally increasing trend in cash and cash equivalents from the end of 2019 to 2025, with some volatility in the intermediate quarters. Notably, starting from around mid-2022, the cash reserves show a steady rise, reaching the highest levels in the most recent periods. This indicates improving liquidity and possibly stronger cash management or inflows.
- Accounts receivable, less allowance
- The accounts receivable balances exhibit growth up to late 2021, peaking around mid-2022. However, subsequent quarters show fluctuations and a slight decrease overall, suggesting changes in sales credit terms, collection efficiency, or sales volumes. The recent increase toward the end of the timeline could imply higher sales or extended credit terms once more.
- Inventories
- Inventories show a consistent upward trend through most of the analysis period, reaching a maximum near late 2022 and early 2023. In the subsequent quarters, there appears to be a mild decline, but the inventory levels remain elevated compared to earlier periods. This could reflect accumulation in anticipation of demand or supply chain considerations.
- Prepaid expenses and other current assets
- Prepaid expenses and other current assets demonstrate high variability, starting with an increase during 2019 and early 2020, followed by a significant decline through 2021. After bottoming out, there is a gradual stabilization and mild uptrend from 2023 onwards. This pattern may indicate changing operational expenditures or timing differences in prepaid items.
- Current assets
- Current assets overall increase steadily from roughly 8.8 billion to over 14 billion US dollars, reflecting growth primarily driven by cash, receivables, and inventories. Despite some fluctuations in individual components, the aggregate current assets trend upward, supporting enhanced liquidity and operational capacity.
- Property and equipment, net
- Property and equipment show a consistent and progressive increase throughout the period, nearly doubling over the span. This steady growth signals ongoing investment in fixed assets, likely to support production capacity expansion or modernization efforts.
- Goodwill and intangible assets, net
- Goodwill and intangible assets display a slight declining trend initially, followed by stabilization and a modest increase towards the end of the timeline. The changes are relatively minor compared to other asset categories, suggesting limited acquisition activity or amortization effects.
- Other assets
- Other assets increase moderately over time, with minor fluctuations. The growth particularly accelerates in later periods, possibly reflecting accumulation of deferred charges, investments, or other noncurrent asset categories.
- Long-term assets
- Long-term assets steadily increase from about 3.5 billion to over 7 billion US dollars, almost doubling in size. This growth is consistent with trends in property, equipment, and other long-term assets, underscoring significant capital investment and asset base strengthening.
- Total assets
- Total assets fluctuate somewhat in the earlier quarters but generally trend upward, growing from approximately 12.3 billion to over 21.9 billion US dollars by the end of the period. The growth is supported by increases in both current and long-term assets, reflecting business expansion and asset accumulation.
In summary, the financial data indicates healthy asset growth, with particular strength in cash reserves, property and equipment, and long-term assets. Inventories and accounts receivable reflect more cyclical patterns, potentially relating to operational cycles or market conditions. The overall asset growth supports the notion of expanding operational capacity and increased liquidity over the analyzed timeframe.