stockrowLam Research Corporation
LRCX Technology Semiconductor Equipment & Materials
Lam Research Corporation’s revenue for fiscal 2026 (year ended June 2026) was $23.2 billion, up 26.0% from fiscal 2025.
- Revenue
- +54.4%
- EPS
- +77.4%
- Free cash flow
- +103.3%
- Total debt
- −16.7%
Quarter to September 2026, against a year earlier
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Lam Research Corporation (LRCX) Free cash flow margin
Lam Research Corporation's free cash flow margin over the twelve months to 30 September 2026 was 25.0%, up 4.0 percentage points from fiscal 2026 (21.1%). Over the past ten years it has ranged from 11.2% (fiscal 2015) to 29.8% (fiscal 2019); the current reading is higher than 33% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.73% and above the Technology sector median of 0.67%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | 21.1% | (8.32) |
| FY2025 | 29.4% | 0.82 |
| FY2024 | 28.6% | 1.71 |
| FY2023 | 26.8% | 12.02 |
| FY2022 | 14.8% | (7.33) |
| FY2021 | 22.2% | 3.00 |
| FY2020 | 19.2% | (10.61) |
| FY2019 | 29.8% | 8.25 |
| FY2018 | 21.5% | (1.86) |
| FY2017 | 23.4% | 2.05 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| ASML ASML Holding N.V. compare | 52.3% |
| KLAC KLA Corporation compare | 27.8% |
| LRCX Lam Research Corporation | 25.0% |
| ONTO Onto Innovation Inc. compare | 22.5% |
| TER Teradyne, Inc. compare | 20.5% |
| NVMI Nova Ltd. compare | 20.2% |
| AMAT Applied Materials, Inc. compare | 18.3% |
| ENTG Entegris, Inc. compare | 17.5% |
| Q Qnity Electronics, Inc. compare | 14.3% |
| Semiconductor Equipment & Materials industry median | 6.73% |
| Technology sector median | 0.67% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on LRCX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement