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.

238.94 15.45 −6.07%
Market cap
$317.8B
P/E
41.3×
Fwd P/E
24.0×
Dividend yield
0.46%
F-score
8/9
Altman Z
34.22
Beneish M
−1.68
Dividend safety
88/100

Lam Research Corporation (LRCX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Reportable Segment 23,233 100.00%
Gross margin 50.47%
Operating margin 35.29%
Pre-tax margin 35.56%

Revenue by product or service $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Systems revenue 14,885 11,491 8,922 10,696 11,322 9,765 6,625 6,451
Customer support-related revenue and other 8,347 6,944 5,984 6,733 5,905 4,861 3,420 3,202
Revenue 23,233 18,436 14,905 17,429 17,227 14,626 10,045 9,654

Revenue by segment $m

Line FY2026 FY2025 FY2024 FY2023
Reportable Segment 23,233 18,436 14,905 17,429
Revenue 23,233 18,436 14,905 17,429

Revenue by region $m

Line FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
China 7,860 6,205 6,294 4,463 5,412 5,138 3,084 2,161 1,784 1,023 1,040 661 623 319 144 — — —
Taiwan 5,223 3,445 1,672 3,478 2,936 2,118 1,906 1,596 1,398 2,096 1,485 1,084 1,049 1,027 468 767 704 208
Korea 4,505 4,128 2,874 3,552 4,037 3,925 2,391 2,205 3,833 2,480 1,057 1,407 1,127 604 894 757 539 240
Japan 2,171 1,881 1,460 1,758 1,625 1,364 955 1,970 1,883 1,042 984 624 634 368 308 405 319 234
United States 1,529 1,377 1,104 1,665 1,147 673 812 749 820 630 495 891 622 734 459 393 186 171
Southeast Asia 1,246 837 794 1,354 1,358 945 588 616 781 402 605 278 247 254 149 — — —
Europe 699 563 707 1,158 712 463 308 356 577 341 219 315 304 292 244 423 134 121
Asia Pacific — — — — — — — — — — — — — — — 493 252 141
Revenue 23,233 18,436 14,905 17,429 17,227 14,626 10,045 9,654 11,077 8,014 5,886 5,259 4,607 3,599 2,665 3,238 2,134 1,116

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Estimated future revenue from shipments to customers in Japan Q1 FY2027 $468.3M — —
Remaining performance obligations Q1 FY2027 $2.7B $2.8B −3.90%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.