Stocks Technology LRCX
NASDAQ · TechnologyLam Research Corp (LRCX)
Lam Research Corp brought in $26.1B of revenue over the twelve months to September 27, 2026, up 33.4% from a year earlier. Net income was $8.4B, a net margin of 32.3%. Operating cash flow minus capital spending left $4.9B of free cash flow in fiscal 2026. At September 27, 2026 it held $7.4B in cash against $3.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 22, 2026.
Key facts about Lam Research Corp
- Net worth
- Lam Research Corp has a market value (market cap) of $278.3B at the latest share price, and shareholders' equity of $13.9B on its balance sheet at September 27, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $23.2B (+26.0% year on year), with net income of $7.3B. Over the 12 months to September 27, 2026: revenue $26.1B, net income $8.4B.
- Cash flow
- In fiscal 2026 operations brought in $5.9B of cash; after $966.4M of capital spending, free cash flow was $4.9B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 22, 2026 and covers the period to September 27, 2026. Open on SEC EDGAR
- Next earnings report
- Lam Research Corp's next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Lam Research Corp declared dividends of $1.04 per share in fiscal 2026, a yield of 0.47% at the current price.
What Lam Research Corp does
Lam Research Corporation designs, manufactures, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products specialize in wafer cleaning, thin film deposition, and plasma etching processes used to build memory chips and logic microprocessors. The company sells its manufacturing systems and aftermarket services to semiconductor chip manufacturers worldwide. Its shares trade on NASDAQ under the ticker LRCX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $23.2B | $7.3B | $5.76 | $4.9B |
| 2025 | $18.4B | $5.4B | $4.15 | $5.4B |
| 2024 | $14.9B | $3.8B | $2.90 | $4.3B |
| 2023 | $17.4B | $4.5B | $3.32 | $4.7B |
| 2022 | $17.2B | $4.6B | $3.27 | $2.6B |
| 2021 | $14.6B | $3.9B | $2.69 | $3.2B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LRCX ranks in Technology
Dividends
Lam Research Corp declared $1.04 per share in fiscal 2026. At the current price that is a yield of 0.47%. It paid out $1.3B in cash dividends, 17% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2026 | $1.04 | $1.3B | 17% |
| 2025 | $0.92 | $1.1B | 21% |
| 2024 | $0.80 | $1B | 27% |
| 2023 | $0.69 | $907.9M | 20% |
| 2022 | $0.60 | $815.3M | 18% |
| 2021 | $0.52 | $727M | 19% |
Latest SEC filings
What Lam Research Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- October 22, 2026Quarterly report 10-Q · period to September 27, 2026Revenue rose 54% to $8.2B versus the same quarter last year; diluted EPS $2.19 versus $1.24.
- October 21, 2026
- September 24, 2026
- September 24, 2026Additional proxy material DEFA14A
- September 24, 2026Proxy statement DEF 14A
- August 27, 2026
- August 7, 2026Annual report 10-K · period to June 28, 2026Revenue rose 26% to $23.2B versus the prior year; diluted EPS $5.76 versus $4.15.
- July 29, 2026
- June 25, 2026
What is LRCX worth? A DCF from its reported cash flow
Insider trades
What the people running Lam Research Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $38.8M worth of shares in the last 90 days and bought none on the open market. Most of the selling (92%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Mayer BethanyDirector | Received as pay | 856 | - |
| November 6, 2026 | Mayer BethanyDirector | Soldpre-planned (10b5-1) | 16 | $3.3K |
| November 6, 2026 | Brandt EricDirector | Received as pay | 856 | - |
| November 6, 2026 | Fields MarkDirector | Received as pay | 856 | - |
| November 6, 2026 | Talwalkar Abhijit YDirector | Received as pay | 856 | - |
| November 6, 2026 | Brennan Ita MDirector | Received as pay | 856 | - |
| November 6, 2026 | Devgan AnirudhDirector | Received as pay | 856 | - |
| November 6, 2026 | Dineen John M.Director | Received as pay | 856 | - |
Who owns LRCX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.49% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 3,101 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 132,727,776 | -124,544 |
| Vanguard Capital Management LLC | 81,683,639 | +527,895 |
| State Street Corp | 60,704,130 | +1,545,830 |
| Invesco Ltd. | 52,319,973 | +1,855,654 |
| Jpmorgan Chase & Co | 45,317,479 | +12,604,546 |
| Vanguard Portfolio Management LLC | 36,635,534 | -425,429 |
| Geode Capital Management, LLC | 34,506,240 | -669,686 |
| Fmr LLC | 33,677,858 | +103,016 |
| Morgan Stanley | 19,217,787 | +246,665 |
| Norges Bank | 18,123,399 | new |
| Ameriprise Financial Inc | 17,334,906 | -3,453,224 |
| Northern Trust Corp | 14,014,491 | -174,860 |
| Franklin Resources Inc | 13,065,549 | +1,272,030 |
| Goldman Sachs Group Inc | 12,724,387 | +2,246,660 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 12,514,990 | -909,026 |
| Arrowstreet Capital, Limited Partnership | 12,269,198 | -910,620 |
| Bank of America Corp | 11,244,147 | +584,489 |
| Van Eck Associates Corp | 11,089,395 | +8,922,854 |
| Legal & General Group Plc | 10,373,392 | -677,520 |
| Jupiter Topco LLC | 9,884,116 | new |
Insiders
17 insiders reported holding 3,207,095 shares in total, about $713.2M at the last price.
| Holder | Shares |
|---|---|
| Bettinger Douglas RChief Financial Officer & EVP | 1,081,705 |
| Archer TimothyPresident and CEO | 1,075,966 |
| Vahedi VahidSenior Vice President | 276,896 |
| Varadarajan SeshasayeeSenior Vice President | 205,546 |
| Brandt EricDirector | 145,561 |
| Lord Patrick JExecutive Vice President | 98,848 |
| Talwalkar Abhijit YDirector | 87,998 |
| Fernandes Neil JSenior Vice President | 58,470 |
| Correia ChristinaCVP , Chief Accounting Officer | 57,168 |
| Harter AvaChief Legal Officer | 42,462 |
Questions about LRCX
What does Lam Research Corp do?
Lam Research Corporation designs, manufactures, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products specialize in wafer cleaning, thin film deposition, and plasma etching processes used to build memory chips and logic microprocessors. The company sells its manufacturing systems and aftermarket services to semiconductor chip manufacturers worldwide. Its shares trade on NASDAQ under the ticker LRCX.
What is Lam Research Corp's net worth?
Lam Research Corp has a market value (market cap) of $278.3B at the latest share price, and shareholders' equity of $13.9B on its balance sheet at September 27, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Lam Research Corp profitable?
Yes. Over the twelve months to September 27, 2026 it reported net income of $8.4B on revenue of $26.1B, a net margin of 32.3%.
How much revenue does Lam Research Corp make?
Over the twelve months to September 27, 2026 Lam Research Corp reported revenue of $26.1B. That is 33.4% more than a year earlier.
When did Lam Research Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 22, 2026. It covers the period to September 27, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Lam Research Corp's next earnings report?
Lam Research Corp's next report is expected around January 27, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Lam Research Corp pay a dividend?
Yes. Lam Research Corp declared dividends of $1.04 per share in fiscal 2026, a yield of 0.47% at the current price.
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Where the numbers come from
Financial figures are the values Lam Research Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.