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.

Revenue
+54.4%
EPS
+77.4%
Free cash flow
+103.3%
Total debt
−16.7%

Quarter to September 2026, against a year earlier

220.97 20.53 +10.24%
Market cap
$250.4B
P/E
32.7×
Fwd P/E
20.9×
Dividend yield
0.50%
F-score
8/9
ROIC
59.1%
Net debt / EBITDA
−0.2×
Dividend safety
88/100

Lam Research Corporation (LRCX) Free cash flow

Alert me on 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 twelve months to 30 September 2026 it was $6.5B. 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 2nd 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
Sep 2026 $3.2B 155.43%
Jun 2026 $1.3B 56.63%
Mar 2026 $809.8M (33.58%)
Dec 2025 $1.2B (23.51%)
43 more quarters

Against its own ten years

Low $587.2M High $5.4B
Ten-year median $2.7B
Current reading's percentile 92

Free cash flow against peers

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)

The full definition of Free cash flow →

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