LRCX financials
Lam Research Corporation · end-of-day data as of Oct 16, 2026
Lam Research Corporation
$263.94-13.4%
Buy · 35 analystsPT $371.36 +40.7%
LRCX reported revenue of $6.72B for the quarter ended Jun 28, 2026 (Q4 FY2026), up 30.0% from a year earlier. It posted diluted EPS of $1.81, free cash flow of $1.27B and a net margin of 33.9%.
Valuation
- P/E45.8x
- P/E vs own+7.5%
- P/E vs sector+37.2%
- FCF yield+1.5%
- Market cap$330B
Quarterly results
Q4 FY2026: Revenue +30.0% year over year, free cash flow 18.9% of revenue, operating margin 37.4%.
RevenueFree cash flow
| Q4 FY2026 | Jun 28, 2026 | $6.72B | 1.81 | $1.27B | 51.7% | 37.4% | 33.9% |
| Q3 FY2026 | Mar 29, 2026 | $5.84B | 1.45 | $810M | 49.8% | 35.0% | 31.2% |
| Q2 FY2026 | Dec 28, 2025 | $5.34B | 1.26 | $1.22B | 49.6% | 33.9% | 29.8% |
| Q1 FY2026 | Sep 28, 2025 | $5.32B | 1.24 | $1.59B | 50.4% | 34.4% | 29.5% |
| Q4 FY2025 | Jun 29, 2025 | $5.17B | 1.35 | $2.38B | 50.1% | 33.7% | 33.3% |
| Q3 FY2025 | Mar 30, 2025 | $4.72B | 1.03 | $1.02B | 49.0% | 33.1% | 28.2% |
| Q2 FY2025 | Dec 29, 2024 | $4.38B | 0.92 | $853M | 47.4% | 30.5% | 27.2% |
| Q1 FY2025 | Sep 29, 2024 | $4.17B | 0.86 | $1.46B | 48.0% | 30.3% | 26.8% |
| Q4 FY2024 | Jun 30, 2024 | $3.87B | 0.78 | $762M | 47.5% | 29.1% | 26.4% |
| Q3 FY2024 | Mar 31, 2024 | $3.79B | 0.73 | $1.28B | 47.5% | 27.9% | 25.5% |
| Q2 FY2024 | Dec 24, 2023 | $3.76B | 0.72 | $1.34B | 46.8% | 28.1% | 25.4% |
| Q1 FY2024 | Sep 24, 2023 | $3.48B | 0.67 | $874M | 47.5% | 29.4% | 25.5% |