Revenue segments as reported by the company.

System revenue

Customer support-related revenue and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Restructuring charges, net - operating expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lam Research

Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning. The company was founded by David K. Lam on January 21, 1980, and is headquartered in Fremont, CA.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

Earnings data Q3 2026

Lam Research reports decline in revenue but focuses on shareholder value and future growth

Lam Research's Q3 performance reflects a decline in revenue but strong operational execution, with a focus on returning value to shareholders. Despite challenges in the memory market, the company remains optimistic about its technology leadership and growth opportunities.

Lam Research surpasses Q4 expectations, eyes growth in WFE spending

Lam Research's Q4 performance exceeded expectations, with strong revenue and gross margin figures.
The company's strategic strengths lie in its market position in advanced packaging and ongoing investments in product portfolio expansion.
Challenges include potential revenue impact from export controls and inventory management, while opportunities exist in gate all around technologies and WFE growth drivers.
Overall, Lam Research remains well-positioned in the semiconductor industry, poised for growth amidst evolving market dynamics.

Lam Research surpasses Q1 revenue targets, eyes semiconductor growth

Lam Research delivered strong financial results in Q1 2024, exceeding revenue guidance and showcasing robust margins.
The company's strategic focus on innovation and productivity positions it well to capitalize on semiconductor industry growth.
While facing challenges such as potential margin headwinds, Lam remains optimistic about future opportunities and growth prospects.
Investors can expect continued performance and technology leadership from Lam Research in the upcoming quarters.

Lam Research surpasses Q2 expectations, eyes NAND growth opportunities

Lam Research's Q2 2024 performance exceeded expectations with strong financial metrics and strategic focus on growth areas.
The company anticipates outperforming in NAND growth, focusing on technology upgrades and incremental revenue opportunities.
Challenges include dependency on customer decisions for NAND WFE growth and managing deferred revenue from new customers.
Opportunities lie in capturing incremental revenue in non-NAND markets and enhancing operational resilience through R&D investments.

Lam Research beats Q1 expectations, eyes AI and China growth

Lam Research's strong Q1 performance, particularly in DRAM and NAND sectors, showcases resilience. Investments in technology and customer collaboration position the company for future growth. Challenges in mature nodes and China market dynamics require strategic focus for sustained success.

Lam Research exceeds Q4 expectations, eyes growth in advanced technologies

Lam Research's strong financial performance, focus on innovation, and shareholder-friendly initiatives underscore its resilience.
While facing challenges in maintaining margins and addressing analyst inquiries, the company remains optimistic about growth prospects.
Opportunities in advanced technologies and strategic investments position Lam Research for sustained success in the semiconductor industry.

Lam Research exceeds Q1 expectations, eyes technology upgrades for 2025

Lam Research's strong Q1 performance, focus on technology upgrades, and investments in key areas position it for outperformance in 2025. Challenges include revenue normalization in China and declining nonvolatile memory. However, opportunities in advanced technologies and AI present avenues for growth.

Lam Research surpasses Q2 expectations, eyes growth amid industry transitions

Lam Research's Q2 2025 performance exceeded expectations, driven by record system revenues and strategic R&D investments. Despite challenges in CSBG revenue mix and industry transitions, the company is poised for growth with opportunities in WFE spending and technology upgrades.

Lam Research (LRCX) excels in Q3, eyes growth amid challenges

Lam Research's Q3 2025 performance exceeded expectations, driven by record revenues and strategic focus on key technologies. While facing challenges related to tariffs and margin sustainability, the company is well-positioned to capitalize on opportunities in the semiconductor market.

Lam Research excels in Q4, eyes growth in advanced packaging

Lam Research's Q4 2025 earnings call showcased strong performance, with revenues and profitability exceeding expectations. The company's technological strengths in advanced packaging and NAND conversions position it well for future growth. While facing challenges in a competitive market, Lam Research sees significant opportunities in expanding its market share and capitalizing on industry trends.

Lam Research posts record revenues, eyes global growth amid China challenges

Lam Research's Q1 2026 performance reflects robust revenue growth and margin expansion, despite challenges in the China market. The company's strengths lie in its strategic positioning for global fabrication equipment spending growth and strong demand for critical semiconductor products. While facing challenges in China, Lam Research is poised to capitalize on opportunities in AI-related segments and maintain its market leadership.

Lam Research reports record revenues in 2025, eyes robust growth

Lam Research's strong performance in 2025, record revenues, and strategic vision for future growth highlight its position as a key player in the semiconductor industry. The company's focus on expanding market share, investing in advanced technologies, and returning value to shareholders underscores its commitment to long-term success. Challenges lie in sustaining growth momentum and meeting ambitious revenue and profit targets.

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Cost of revenue

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Other

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Net income

Earnings per share

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Cash & equivalents

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Inventory

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Net PPE

Intangibles

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Purchase/sale of investments

Purchase/sale of business

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lam Research Corp. engages in the design, manufacture, marketing, refurbishment, and provision of semiconductor processing equipment used in the fabrication of integrated circuits. It operates through the following geographical segments: United States, China, Europe, Japan, Korea, Southeast Asia and Taiwan. The company was founded by David K. Lam in 1980 and is headquartered in Fremont, CA.