Lam 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. In the quarter to June 2026, revenue grew 30.0%, EPS grew 34.8%, free cash flow fell 46.8% and total debt fell 16.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years.
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Lam Research Corporation (LRCX) Free cash flow
Lam Research Corporation's free cash flow for fiscal 2026 was $4.9B, down 9.66% from $5.4B in fiscal 2025. Over the past ten years it has ranged from $587.2M (fiscal 2015) to $5.4B (fiscal 2025); the current reading is higher than 92% of that period. Lam Research Corporation ranks 3rd of 29 Semiconductor Equipment & Materials companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $4.9B | (9.66%) |
| FY2025 | $5.4B | 27.22% |
| FY2024 | $4.3B | (9.02%) |
| FY2023 | $4.7B | 83.16% |
| FY2022 | $2.6B | (21.16%) |
| FY2021 | $3.2B | 68.42% |
| FY2020 | $1.9B | (33.05%) |
| FY2019 | $2.9B | 20.58% |
| FY2018 | $2.4B | 27.18% |
| FY2017 | $1.9B | 49.29% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $1.3B | 56.63% |
| Mar 2026 | $809.8M | (33.58%) |
| Dec 2025 | $1.2B | (23.51%) |
| Sep 2025 | $1.6B | (33.09%) |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ASML ASML Holding N.V. compare | $24.0B |
| AMAT Applied Materials, Inc. compare | $5.6B |
| LRCX Lam Research Corporation | $4.9B |
| KLAC KLA Corporation compare | $3.8B |
| Q Qnity Electronics, Inc. compare | $831.0M |
| TER Teradyne, Inc. compare | $799.9M |
| ENTG Entegris, Inc. compare | $575.2M |
| ONTO Onto Innovation Inc. compare | $252.5M |
| AMKR Amkor Technology, Inc. compare | −$31.0M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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