LAM RESEARCH CORP
LRCXNasdaq · SIC 3559
$313.30
↓ -2.4%Jul 17 close · end-of-day
Price
1Y↑ +213.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$393.9B
Enterprise Value
$392.9B
P/E
59.2
P/S
18.2
P/B
37.2
EV/EBITDA
50.1
PEG
—
FCF Yield
—
Dividend Yield
0.3%
Revenue (TTM)
$21.7B
Net Income (TTM)
$6.7B
Free Cash Flow (TTM)
—
Gross Margin
50.0%
Operating Margin
34.3%
Net Margin
30.9%
ROE
63.4%
ROIC
69.6%
Debt / Equity
0.4
Net Cash
$1.0B
Return 1Y
+212.6%
Company profile
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally.
- CEO
- Timothy M. Archer
- Sector
- Manufacturing
- Industry
- Machinery
- Employees
- 17,700
- Headquarters
- California
- Website
- lamresearch.com
Management & directors
- Archer TimothyPresident and CEO
- Fernandes Neil JSenior Vice President
- Harter AvaChief Legal Officer
- Vahedi VahidSenior Vice President
- Bettinger Douglas RChief Financial Officer & EVP
- Corrreia ChristinaCVP , Chief Accounting Officer
- Lord Patrick JExecutive Vice President
- Varadarajan SeshasayeeSenior Vice President
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-22
LRCX Q3 2026 Earnings
Period ends 2026-03-29
MetricActualYoY
Revenue$5.8B↑ +23.8%
Diluted EPS$1.45↑ +40.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $14.6B | $17.2B | $17.4B | $14.9B | $18.4B |
| Gross profit | $6.8B | $7.9B | $7.8B | $7.1B | $9.0B |
| Operating income | $4.5B | $5.4B | $5.2B | $4.3B | $5.9B |
| Net income | $3.9B | $4.6B | $4.5B | $3.8B | $5.4B |
| Diluted EPS | $26.90 | $32.75 | $3.32 | $2.90 | $4.15 |
| Operating cash flow | $3.6B | $3.1B | $5.2B | $4.7B | $6.2B |
| Free cash flow | — | — | — | — | — |
| Gross margin | 46.5% | 45.7% | 44.6% | 47.3% | 48.7% |
| Operating margin | 30.6% | 31.2% | 29.7% | 28.6% | 32.0% |
| Net margin | 26.7% | 26.7% | 25.9% | 25.7% | 29.1% |
| Line item | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B | $4.2B | $4.4B | $4.7B | $5.2B | $5.3B | $5.3B | $5.8B |
| Gross profit | $1.8B | $2.0B | $2.1B | $2.3B | $2.6B | $2.7B | $2.7B | $2.9B |
| Operating income | $1.1B | $1.3B | $1.3B | $1.6B | $1.7B | $1.8B | $1.8B | $2.0B |
| Net income | $1.0B | $1.1B | $1.2B | $1.3B | $1.7B | $1.6B | $1.6B | $1.8B |
| Diluted EPS | $0.78 | $0.86 | $0.92 | $1.03 | $1.34 | $1.24 | $1.26 | $1.45 |
| Operating cash flow | $862.4M | $1.6B | $741.9M | $1.3B | $2.6B | $1.8B | $1.5B | $1.1B |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 47.5% | 48.0% | 47.4% | 49.0% | 50.1% | 50.4% | 49.6% | 49.8% |
| Operating margin | 29.1% | 30.3% | 30.5% | 33.1% | 33.7% | 34.4% | 33.9% | 35.0% |
| Net margin | 26.4% | 26.8% | 27.2% | 28.2% | 33.3% | 29.5% | 29.8% | 31.2% |
Company news
Jul 20, 2026
- 4h agoLam Research (LRCX) Joins AI Materials Foundry To Help Shape Future Chip Materialsfinance.yahoo.com
- 4h ago3 Stocks to Buy From the Prospering Semiconductor Industryfinance.yahoo.com
- 7h agoAMD, Micron, SK Hynix climb as semiconductor complex attempt recoveryfinance.yahoo.com
- 7h agoAMD, Micron, SK Hynix lead chip stock recoveryfinance.yahoo.com
- 7h agoOppenheimer Names Nvidia Among Its 'Best of the Best' Momentum Stocksfinance.yahoo.com
- 8h agoCuspAI raises $450 million Series B for AI materials discoveryqz.com
- 15h agoCuspAI Launches ‘AI Materials Foundry’ a Global Network to Accelerate Breakthrough Discoveriesfinance.yahoo.com
Jul 17, 2026
- 3d agoMicron, Nvidia, Netflix, SK Hynix, Alphabet, Intuitive Surgical, and More Stocks That Explain Today’s Marketfinance.yahoo.com
- 3d agoAMD Falls 5%, Intel Drops 4%, NVIDIA Slides 3% Before Recovering as Rotation Hits Semiconductor Stocks247wallst.com
- 3d agoSemiconductor stocks trim losses as investors buy the dipfinance.yahoo.com
- 3d agoSemiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI modelfinance.yahoo.com
- 3d agoLam Research Corporation (LRCX) is Attracting Investor Attention: Here is What You Should Knowfinance.yahoo.com
- 3d agoUpdate: US Equity Futures Drop as AI Concerns Weigh on Tech Stocks, Middle East Conflict Continuesfinance.yahoo.com
- 3d agoChip stocks fall globally, pulling U.S. stock futures lowerqz.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-13 | TALWALKAR ABHIJIT Y | Sale | 18,282 | $335.00 | $6.1M | filing |
| 2026-07-02 | ARCHER TIMOTHY· President and CEO | Sale | 30,000 | $390.01 | $11.7M | filing |
| 2026-07-02 | ARCHER TIMOTHY· President and CEO | Option exercise | 30,000 | $30.03 | $900,990.00 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 8,233 | $371.17 | $3.1M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 7,700 | $372.23 | $2.9M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 5,803 | $367.01 | $2.1M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 5,037 | $370.27 | $1.9M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 4,198 | $369.16 | $1.5M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 4,030 | $368.03 | $1.5M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 3,828 | $359.08 | $1.4M | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 2,708 | $362.40 | $981,379.20 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 2,345 | $363.33 | $852,008.85 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 2,300 | $364.41 | $838,143.00 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 1,906 | $360.15 | $686,445.90 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 1,600 | $373.09 | $596,944.00 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 1,393 | $357.24 | $497,635.32 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 1,200 | $365.16 | $438,192.00 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 1,100 | $357.98 | $393,778.00 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 819 | $361.21 | $295,830.99 | filing |
| 2026-06-12 | BRANDT ERIC | Sale | 300 | $355.71 | $106,713.00 | filing |
| 2026-06-11 | BRANDT ERIC | Sale | 6,592 | $347.86 | $2.3M | filing |
| 2026-06-11 | BRANDT ERIC | Sale | 5,717 | $362.95 | $2.1M | filing |
| 2026-06-11 | BRANDT ERIC | Sale | 4,334 | $348.73 | $1.5M | filing |
| 2026-06-11 | BRANDT ERIC | Sale | 3,644 | $342.91 | $1.2M | filing |
| 2026-06-11 | BRANDT ERIC | Sale | 3,442 | $346.79 | $1.2M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.