Lam Research
$347.49Change from previous close: +2.17%Absolute change: +$7.39
At a glance
- Revenue growth
- +26.02%
- FY to Jun 2026 vs FY to Jun 2025
- Net income growth
- +35.59%
- FY to Jun 2026 vs FY to Jun 2025
- Net margin
- 31.3%
- FY to Jun 2025: 29.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,457 | 1,141 | 1,480 | 1,779 | 2,554 | 1,309 | 742 | 1,568 | 862 | 1,385 | 1,454 | 951 |
| Depreciation and amortization | 120 | 116 | 104 | 102 | 98.4 | 97.3 | 96.2 | 94.3 | 88.4 | 89.9 | 90.9 | 90.5 |
| Capital expenditure | -189 | -332 | -261 | -185 | -172 | -288 | -188 | -111 | -101 | -104 | -115 | -77.0 |
| Investing cash flow | -144 | -335 | -258 | -186 | -129 | -293 | -175 | -111 | -102 | -92.4 | -102 | -74.7 |
| Financing cash flow | -480 | -2,231 | -1,725 | -1,282 | -1,510 | -1,233 | -935 | -1,259 | -574 | -1,236 | -860 | -1,326 |
| Dividends paid | -325 | -326 | -328 | -292 | -295 | -296 | -298 | -261 | -261 | -263 | -264 | -230 |
| Share repurchases | -247 | -1,163 | -1,466 | -976 | -1,292 | -435 | -698 | -997 | -374 | -981 | -645 | -843 |
| Debt issued | — | — | — | — | — | — | — | — | 97.0 | — | — | — |
| Debt repaid | -1.4 | -751 | -1.5 | -1.4 | -1.5 | -504 | -1.0 | -0.9 | -98.0 | -1.1 | -1.0 | -253 |
| Effect of exchange rates | -2.1 | -5.0 | -13.3 | -7.1 | 29.3 | 2.4 | -26.0 | 22.7 | -9.6 | -8.5 | 6.7 | -11.0 |
| Net change in cash | 831 | -1,429 | -516 | 304 | 945 | -214 | -395 | 221 | 177 | 48.2 | 499 | -461 |
| Free cash flow | 1,268 | 810 | 1,219 | 1,594 | 2,382 | 1,021 | 554 | 1,458 | 762 | 1,281 | 1,339 | 874 |
| Levered free cash flow | 703 | 207 | 819 | 1,361 | 1,965 | 672 | 281 | 1,505 | 370 | 970 | 1,133 | 884 |