LAM RESEARCH CORP
LRCXNasdaqGSSemiconductor Equipment & Materials • Technology
Comprehensive AI Analysis
Strategic AI Analysis for LRCX
Checking whether the approved providers contain enough current financial data for a reliable report.
Summary
Source-linked company research for LRCX
Factor Scorecard
Mechanical 0-100 composites from the displayed inputs. Bands and colours are numerical aids, not security ratings or investment actions.
Latest 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.
Margin Expansion Observed
Non-GAAP operating margin expanded to 38.4% in the June 2026 quarter, up 340 basis points sequentially from 35.0% in the March 2026 quarter. Non-GAAP gross margin was 52.0%, compared to 49.9% in the prior quarter.
Deferred Revenue Increases
Deferred revenue increased to $2.43 billion at the end of the June 2026 quarter from $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.
Capital Investment Milestone
Lam Research broke ground on a new laboratory in Oregon, which is part of a planned investment of more than $3 billion in its global lab network over the next five years.
Price Chart
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Overview
Quarterly income statement data isn't available for this company.
No Data
No annual financial data available.
Financial Fundamentals
Growth, quality, valuation, cash generation, and balance-sheet strength.
Growth
TTM revenue plus current, long-term, forward, and accelerating top-line trends.
Earnings
Trailing EPS, current EPS growth, long-term compounding, surprise, and forward expectations.
Profitability
TTM margin and return metrics that reflect pricing power and business quality.
Cash Flow
TTM free cash flow, growth, margin, and operating-cash conversion quality.
Valuation
Metrics ranked by issuer type, financial state, and input quality.
EV / EBITDA
EV/EBITDA is the primary lens because it compares operating earnings across different financing structures.
Financial Health
Latest-quarter liquidity and leverage checks plus TTM interest coverage.
Shareholder Signals
Capital returns and dilution checks sourced from statements and insider filings.
Peer Comparison
| Ticker | Price | Mkt Cap | EV/EBITDA | Fwd P/E | Rev Growth | Gross Margin | FCF Yield |
|---|---|---|---|---|---|---|---|
LRCXLAM RESEARCH CORP | $301.90 | $377.8B | 43.2x | 31.9x | +26.0% | 50.5% | 1.3% |
Company Profile
About the Company
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Next Earnings Date
Oct 21, 2026
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