As of Q2'26 (2025-12-28), LRCX reported Cash & Short-term Investments of USD 6.18B and Debt of USD 4.48B. This latest data point shows that cash holdings remain significantly above debt levels, indicating a strong liquidity position at the end of the reported period. Over the period from Q3'23 to Q2'26, Cash & Short-term Investments for LRCX exhibited a generally upward trend, rising from USD 5.37B to a peak of USD 6.69B in Q1'26 before a slight decline to USD 6.18B in Q2'26. In contrast, Debt remained relatively stable around USD 5B until Q2'25, after which it decreased to approximately USD 4.48B and remained flat through Q2'26. This trend highlights improving net cash and a strengthening balance sheet over the observed quarters.