Stocks Technology LRCX
NASDAQ · TechnologyLam Research Corp (LRCX)
Lam Research Corp reported revenue of $23.2B in fiscal 2026, up 26.0% from a year earlier. Net income was $7.3B, a net margin of 31.3%. Operating cash flow minus capital spending left $4.9B of free cash flow in fiscal 2026. At June 28, 2026 it held $5.6B in cash against $3.7B of debt. Its latest periodic report to the SEC is the annual report (10-K) filed on August 7, 2026.
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 |
Latest SEC filings
What Lam Research Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- 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, 2026
- July 29, 2026
- June 25, 2026
- June 1, 2026
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 23, 2026Quarterly report 10-Q · period to March 29, 2026
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.
Is Lam Research Corp profitable?
Yes. In fiscal 2026 it reported net income of $7.3B on revenue of $23.2B, a net margin of 31.3%.
How much revenue does Lam Research Corp make?
In fiscal 2026 Lam Research Corp reported revenue of $23.2B. That is 26.0% more than a year earlier.
When did Lam Research Corp last report?
Its most recent periodic report is the annual report (10-K) filed on August 7, 2026. It covers the period to June 28, 2026. Its newest filing of any kind is the annual report to shareholders from September 24, 2026.
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Follow LRCX: get an email when it filesWhere 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.