LAM RESEARCH CORP
LRCXSemiconductorslamresearch.com
Latest available resultsSeptember 27, 2026Quarter · 10-Q filed Oct 22, 2026
Next reportJanuary 26, 2027forecast 2.388 $/share
Revenue
$8.22B
▲ +54.4% vs prior year YoY
Net income
$2.75B
▲ +75.5% vs prior year YoY
EPS
2.19$
▲ +76.6% vs prior year YoY
Net margin
33.5%
▲ +4.0 pp vs prior year YoY
Revenue▲ +54.4%
Margins (% of revenue)GrossOperatingNet
Net income▲ +75.5%
EPS▲ +76.6%
Financial statements
View 10-Q filed October 22, 2026 on SEC ↗| Metric | Dec 2024 | Mar 2025 | Jun 2025* | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026* | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $4.38B | $4.72B | $5.17B | $5.32B | $5.34B | $5.84B | $6.72B | $8.22B | ▲ +54.4% |
| Gross profit | $2.07B | $2.31B | $2.59B | $2.68B | $2.65B | $2.91B | $3.48B | $4.30B | ▲ +60.1% |
| Operating income | $1.33B | $1.56B | $1.74B | $1.83B | $1.81B | $2.05B | $2.51B | $3.28B | ▲ +79.5% |
| Net income | $1.19B | $1.33B | $1.72B | $1.57B | $1.59B | $1.83B | $2.28B | $2.75B | ▲ +75.5% |
| R&D | $494.95M | $525.90M | $580.18M | $576.45M | $573.30M | $583.20M | $642.92M | $666.40M | ▲ +15.6% |
| EPS (diluted) | 0.92 $ | 1.03 $ | — | 1.24 $ | 1.26 $ | 1.45 $ | — | 2.19 $ | ▲ +76.6% |
| Margins (% of revenue) | |||||||||
| Gross | 47.4 % | 49.0 % | 50.1 % | 50.4 % | 49.6 % | 49.8 % | 51.7 % | 52.3 % | ▲ +1.9 pt |
| Operating | 30.5 % | 33.1 % | 33.7 % | 34.4 % | 33.9 % | 35.0 % | 37.4 % | 40.0 % | ▲ +5.6 pt |
| Net | 27.2 % | 28.2 % | 33.3 % | 29.5 % | 29.8 % | 31.2 % | 33.9 % | 33.5 % | ▲ +4.0 pt |
| Balance sheet | |||||||||
| Assets | $19.84B | $19.97B | $21.35B | $21.90B | $21.39B | $20.79B | $23.53B | $26.35B | ▲ +20.3% |
| Liabilities | $11.03B | $10.46B | $11.48B | $11.71B | $11.25B | $10.21B | $11.06B | $12.44B | ▲ +6.3% |
| Equity | $8.81B | $9.51B | $9.86B | $10.19B | $10.15B | $10.58B | $12.47B | $13.91B | ▲ +36.5% |
| Cash | $5.67B | $5.45B | $6.39B | $6.69B | $6.18B | $4.75B | $5.58B | $7.44B | ▲ +11.1% |
| Capital | |||||||||
| Shares outstanding | 1.28B | 1.28B | 1.27B | 1.26B | 1.25B | 1.25B | 1.25B | 1.25B | ▼ -0.5% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.