Risk factors

Lam Research (LRCX) risk factors

Item 1A of every Lam Research Corp. 10-K on file, and what changed from one year to the next.

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  • FY2026 10-K risk factors

    19 risks, 1 new, 9 dropped, 13 reworded since the prior year. AI use is newly identified across R&D, manufacturing, servicing, supply chain, sales, marketing, compliance, products, and services.

    Filed Aug 07, 2026
  • FY2025 10-K risk factors

    27 risks. International sales drive 93% of revenue, exposing the company to global trade rules and tariffs.

    Filed Aug 11, 2025