Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
185.20
-36.23 (-16.36%)
At close: Nov 5, 2026, 4:00 PM EST
197.00
+11.80 (6.37%)
After-hours: Nov 5, 2026, 7:59 PM EST

Lam Research Financials Overview

Millions USD. Fiscal year is Jul - Jun.

Revenue & Profits

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
8,2196,7225,8415,3455,3245,1714,7204,3764,1683,8723,7943,7583,4823,2073,8705,2785,0744,6364,0604,227
Revenue Growth
54.38%29.99%23.76%22.14%27.74%33.58%24.43%16.44%19.70%20.71%-1.96%-28.79%-31.38%-30.81%-4.70%24.87%17.88%11.83%5.53%22.29%
Gross Profit
4,2993,4792,9112,6512,6852,5902,3142,0732,0031,8451,8161,7721,6631,4701,6722,3762,3372,1011,8171,978
Operating Income
3,2842,5132,0471,8101,8291,7411,5621,3341,2641,1311,0881,0741,033867.791,0491,6801,6981,4791,1921,338
Net Income
2,7532,2771,8251,5941,5691,7201,3311,1911,1161,020965.83954.27887.4802.54814.011,4691,4261,2091,0221,195
Earnings Per Share
2.191.811.451.261.241.341.030.920.860.780.730.720.670.600.601.081.040.870.730.84
EPS Growth
76.61%34.80%40.78%36.96%44.30%72.19%41.10%27.78%28.39%30.59%21.46%-33.15%-35.58%-31.62%-17.67%27.61%25.64%9.54%-1.48%41.61%

Revenue by Segment

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Systems
5,7334,2503,7313,3573,5483,4383,0352,6262,3932,1702,3962,2992,0571,7102,2563,5483,1823,0062,6512,740
Customer Support & Other
2,4872,4722,1111,9871,7771,7341,6851,7501,7751,7021,3981,4591,4251,4971,6141,7301,8921,6291,4101,486
Revenue (Total)
8,2196,7225,8415,3455,3245,1714,7204,3764,1683,8723,7943,7583,4823,2073,8705,2785,0744,6364,0604,227

Cash & Debt

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
7,4375,5794,7516,1806,6936,3915,4515,6656,0675,8485,6725,6385,1575,3375,3694,5884,3773,6584,3555,329
Total Debt
3,7354,1223,7344,4844,4844,7574,4844,9824,9845,2714,9834,9844,9845,2495,0055,0035,0035,2255,0084,994
Net Cash (Debt)
3,7021,4581,0161,6972,2091,634966.38683.11,084576.81688.78654.23172.3987.95364.12-415.44-626.42-1,567-653.56334.81
Net Cash Growth
67.58%-10.80%5.18%148.38%103.85%183.30%40.30%4.41%528.65%555.86%89.16%--------54.37%
Net Cash Per Share
2.951.160.811.341.741.280.750.530.830.440.520.490.130.070.27-0.30-0.46-1.13-0.470.24

Cash Flow & CapEx

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
3,4981,4571,1411,4801,7792,5541,309741.941,568862.431,3851,454951.161,1231,7261,1401,190443.93757.711,441
Capital Expenditures
-257.7-188.8-331.6-260.88-185.12-172.19-288.06-188.35-110.59-100.75-103.65-115.28-76.99-78.67-119.46-163.38-140.06-125.75-145.37-138.49
Free Cash Flow
3,2401,268809.821,2191,5942,3821,021553.591,458761.681,2811,339874.171,0441,607976.811,050318.19612.341,302
Free Cash Flow Growth
103.28%-46.75%-20.65%120.23%9.33%212.73%-20.34%-58.64%66.77%-27.05%-20.27%37.03%-16.71%228.13%162.43%-24.98%226.86%-76.10%-43.06%415.52%

Margins

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
52.30%51.75%49.83%49.60%50.43%50.08%49.02%47.37%48.05%47.67%47.86%47.16%47.75%45.82%43.22%45.03%46.05%45.31%44.74%46.80%
Operating Margin
39.95%37.39%35.04%33.87%34.35%33.67%33.09%30.48%30.33%29.22%28.67%28.57%29.67%27.06%27.12%31.84%33.46%31.91%29.36%31.66%
Pretax Margin
40.30%38.01%34.44%34.36%34.92%34.40%32.56%30.81%31.05%29.82%28.82%28.92%29.45%26.93%24.26%31.30%32.61%29.31%27.95%32.09%
Profit Margin
33.50%33.88%31.25%29.82%29.46%33.26%28.19%27.22%26.79%26.35%25.46%25.39%25.49%25.02%21.04%27.82%28.10%26.08%25.16%28.27%
FCF Margin
39.42%18.87%13.86%22.81%29.94%46.06%21.62%12.65%34.98%19.67%33.77%35.62%25.11%32.55%41.53%18.51%20.68%6.86%15.08%30.80%

Dividends

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.3300.2600.2600.2600.2600.2300.2300.2300.2300.2000.2000.2000.2000.1720.1720.1720.1720.1500.1500.150
Dividend Per Share Growth
26.92%13.04%13.04%13.04%13.04%15.00%15.00%15.00%15.00%15.94%15.94%15.94%15.94%15.00%15.00%15.00%15.00%15.38%15.38%15.38%
Dividend Yield
0.35%0.27%0.48%0.55%0.74%0.94%1.23%1.17%1.00%0.75%0.79%0.95%1.16%1.13%1.33%1.55%1.63%1.32%1.04%0.80%

Valuation

Fiscal Quarter
Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
46.6865.2539.3536.0027.8523.2020.0122.0026.4336.3735.2829.7320.6518.1313.7810.9710.7513.5617.0421.43
Forward PE
33.2950.2034.3636.1028.6123.7018.9620.2923.1031.6531.1327.5022.9425.8120.5513.7510.2912.4215.5819.75
P/FCF Ratio
60.3496.9243.9735.9829.1622.9624.5723.2922.1532.7128.0721.1418.2217.4817.1419.0115.8824.4621.7024.41
PS Ratio
15.1020.4112.1810.888.266.745.445.836.889.348.947.185.184.693.592.952.903.634.625.95