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
26,12823,23321,68220,56119,59218,43617,13616,20915,59114,90514,24114,31715,83617,42918,85719,04817,99717,22716,73716,524
Revenue Growth
33.36%26.02%26.53%26.85%25.66%23.68%20.32%13.21%-1.55%-14.48%-24.48%-24.83%-12.00%1.17%12.67%15.27%14.24%17.78%26.10%38.52%
Gross Profit
13,33911,72510,83610,2399,6618,9798,2357,7377,4367,0966,7206,5777,1817,8558,4868,6308,2327,8727,6867,650
Operating Income
9,6548,2007,4276,9426,4665,9015,2914,8174,5574,3254,0624,0244,6305,2955,9076,0495,7075,3825,2185,222
Net Income
8,4507,2656,7086,2135,8105,3584,6584,2944,0573,8283,6103,4583,9724,5114,9175,1254,8514,6054,5414,590
Earnings Per Share
6.715.765.294.874.534.153.593.293.092.902.722.592.953.323.593.713.483.273.203.21
EPS Growth
48.10%38.80%47.52%48.15%46.65%43.10%32.12%27.13%4.73%-12.65%-24.41%-30.36%-15.31%1.37%12.31%15.78%17.74%21.75%35.30%59.34%

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
17,07114,88514,07313,37812,64611,49110,2249,5849,2588,9228,4628,3229,57110,69611,99212,38711,57911,32211,08010,974
Customer Support & Other
9,0578,3477,6097,1836,9466,9446,9126,6256,3345,9845,7795,9956,2666,7336,8656,6616,4175,9055,6575,550
Revenue (Total)
26,12823,23321,68220,56119,59218,43617,13616,20915,59114,90514,24114,31715,83617,42918,85719,04817,99717,22716,73716,524

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
2.941.160.801.331.721.270.740.520.830.440.520.490.130.060.27-0.30-0.45-1.11-0.460.23

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
7,5765,8586,9557,1226,3846,1734,4824,5585,2704,6524,9135,2544,9415,1794,5003,5313,8323,1004,0924,499
Capital Expenditures
-1,039-966.41-949.8-906.25-833.72-759.19-687.74-503.34-430.27-396.67-374.59-390.4-438.5-501.57-548.64-574.56-549.67-546.03-524.91-469.14
Free Cash Flow
6,5374,8916,0056,2165,5505,4143,7944,0544,8394,2564,5384,8644,5024,6773,9522,9573,2822,5543,5674,030
Free Cash Flow Growth
17.79%-9.66%58.28%53.31%14.69%27.22%-16.40%-16.64%7.49%-9.02%14.84%64.49%37.17%83.17%10.79%-26.63%10.12%-21.16%33.57%93.30%

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
51.05%50.47%49.98%49.80%49.31%48.70%48.06%47.73%47.69%47.61%47.19%45.94%45.34%45.07%45.00%45.31%45.74%45.69%45.93%46.30%
Operating Margin
36.95%35.29%34.26%33.77%33.00%32.01%30.88%29.72%29.23%29.02%28.52%28.11%29.24%30.38%31.32%31.76%31.71%31.24%31.18%31.60%
Pretax Margin
37.18%35.56%34.53%34.10%33.29%32.32%31.13%30.17%29.69%29.25%28.58%27.35%28.29%29.32%29.72%30.45%30.59%30.15%30.73%31.28%
Profit Margin
32.34%31.27%30.94%30.22%29.66%29.07%27.18%26.49%26.02%25.68%25.35%24.15%25.08%25.88%26.08%26.91%26.96%26.73%27.13%27.78%
FCF Margin
25.02%21.05%27.69%30.23%28.33%29.37%22.14%25.01%31.04%28.55%31.86%33.97%28.43%26.84%20.95%15.52%18.24%14.82%21.31%24.39%

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
1.1101.0401.0100.9800.9500.9200.8900.8600.8300.8000.7720.7450.7180.6900.6670.6450.6230.6000.5800.560
Dividend Per Share Growth
16.84%13.04%13.48%13.95%14.46%15.00%15.21%15.44%15.68%15.94%15.73%15.50%15.26%15.00%15.09%15.18%15.28%15.38%14.85%14.29%
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