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) Net income
Lam Research Corporation's net income for fiscal 2026 was $7.3B, up 35.6% from $5.4B in fiscal 2025. Over the past ten years it has ranged from $655.6M (fiscal 2015) to $7.3B (fiscal 2026) — the current reading is the highest in ten years. Lam Research Corporation ranks 3rd of 29 Semiconductor Equipment & Materials companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2026 | $7.3B | 35.59% |
| FY2025 | $5.4B | 39.98% |
| FY2024 | $3.8B | (15.14%) |
| FY2023 | $4.5B | (2.05%) |
| FY2022 | $4.6B | 17.83% |
| FY2021 | $3.9B | 73.57% |
| FY2020 | $2.3B | 2.75% |
| FY2019 | $2.2B | (7.95%) |
| FY2018 | $2.4B | 40.22% |
| FY2017 | $1.7B | 85.74% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $2.3B | 24.75% |
| Mar 2026 | $1.8B | 14.52% |
| Dec 2025 | $1.6B | 1.62% |
| Sep 2025 | $1.6B | (8.80%) |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| ASML ASML Holding N.V. compare | $15.2B |
| AMAT Applied Materials, Inc. compare | $9.3B |
| LRCX Lam Research Corporation | $7.3B |
| KLAC KLA Corporation compare | $4.8B |
| TER Teradyne, Inc. compare | $1.2B |
| Q Qnity Electronics, Inc. compare | $630.0M |
| AMKR Amkor Technology, Inc. compare | $558.0M |
| ENTG Entegris, Inc. compare | $305.5M |
| ONTO Onto Innovation Inc. compare | $132.6M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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