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
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Lam Research Corporation (LRCX) Net margin
Lam Research Corporation's net margin over the twelve months to 30 September 2026 was 32.3%, up 1.1 percentage points from fiscal 2026 (31.3%). Over the past ten years it has ranged from 12.5% (fiscal 2015) to 31.3% (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductor Equipment & Materials industry median of 10.2% and above the Technology sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2026 | 31.3% | 2.21 |
| FY2025 | 29.1% | 3.38 |
| FY2024 | 25.7% | (0.20) |
| FY2023 | 25.9% | (0.85) |
| FY2022 | 26.7% | 0.01 |
| FY2021 | 26.7% | 4.30 |
| FY2020 | 22.4% | (0.28) |
| FY2019 | 22.7% | 1.21 |
| FY2018 | 21.5% | 0.30 |
| FY2017 | 21.2% | 5.66 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 33.5% | (0.38) |
| Jun 2026 | 33.9% | 2.63 |
| Mar 2026 | 31.3% | 1.43 |
| Dec 2025 | 29.8% | 0.36 |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| KLAC KLA Corporation compare | 36.3% |
| ASML ASML Holding N.V. compare | 34.1% |
| LRCX Lam Research Corporation | 32.3% |
| AMAT Applied Materials, Inc. compare | 30.1% |
| NVMI Nova Ltd. compare | 28.8% |
| TER Teradyne, Inc. compare | 27.5% |
| ONTO Onto Innovation Inc. compare | 11.8% |
| ENTG Entegris, Inc. compare | 11.1% |
| Q Qnity Electronics, Inc. compare | 10.2% |
| Semiconductor Equipment & Materials industry median | 10.2% |
| Technology sector median | 0.00% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on LRCX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow 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