Annual Report

The report presents Lam Research's fiscal 2025 as a record year, with consolidated revenue of $18,435,591 thousand and $6,173,264 thousand of operating cash flow. Its ESG disclosures highlight 55% renewable electricity sourced globally in 2024, an 18.6% decrease in Scope 1 and 2 market-based emissions from the 2019 baseline, and 80.6 million gallons of water savings achieved ahead of schedule. Lam states a net-zero GHG emissions goal for 2050 and a 46.2% absolute Scope 1 and 2 market-based reduction target by 2030. ESG oversight is assigned to the full Board, with the nominating and governance committee holding primary responsibility.