LAM RESEARCH CORP
LRCXNasdaqGSLatest results at a glance
Insights from the latest company results and reports · filed 29 Jul 2026
Record Quarterly Revenue and Earnings
U.S. GAAP diluted EPS was $1.81, while non-GAAP diluted EPS was $1.82, both described as record figures for the period.
EPS Exceeds Consensus Estimates
Reported EPS of $1.82 per share for the quarter ended June 2026 exceeded the same-quarter consensus estimate of $1.68 per share. This marked the fourth consecutive quarter in which reported EPS surpassed the consensus estimate.
Forward Guidance Provided
Non-GAAP gross margin guidance was set at 52.0% plus or minus 1%, and non-GAAP operating margin at 39.5% plus or minus 1%.
Margin Expansion Observed
U.S. GAAP operating margin expanded to 37.4% in the June 2026 quarter, up 240 basis points sequentially from 35.0%. Non-GAAP operating margin rose to 38.4%, an increase of 340 basis points from the prior quarter.
Deferred Revenue Increases
Deferred revenue increased to $2.43 billion at the end of the June 2026 quarter, compared to $2.22 billion at the end of the March 2026 quarter. Estimated future revenue from shipments to customers in Japan was approximately $490.2 million as of June 28, 2026.
Company research evidence
Checked financial measurements with the values, reporting periods and measurement basis shown together. This evidence is available independently of the AI report.
Loading evidence…
Deep Dive Research
Source-linked company research for LRCX
Revenue segmentation
Loading segment disclosures…