Lam Research Corporation financials
Key figures from Lam Research Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $8.2B | $5.3B | +54.4% |
| Net income | $2.8B | $1.6B | +75.5% |
| Free cash flow | $3.2B | $1.6B | +103.3% |
| Gross margin | 52.3% | 50.4% | +1.9 pts |
| Operating margin | 40.0% | 34.4% | +5.6 pts |
| Net margin | 33.5% | 29.5% | +4.0 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Jun 2026 | $23.2B | $7.3B | 31.3% | $4.9B | $5.76 |
| FY Jun 2025 | $18.4B | $5.4B | 29.1% | $5.4B | $4.15 |
| FY Jun 2024 | $14.9B | $3.8B | 25.7% | $4.3B | $2.90 |
| FY Jun 2023 | $17.4B | $4.5B | 25.9% | $4.7B | $3.32 |
| FY Jun 2022 | $17.2B | $4.6B | 26.7% | $2.6B | $32.75 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.