Lam Research

LRCX · NASDAQ · USD

$347.49+2.17%+$7.39

Close · October 2, 2026

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.

Income statement · Quarterly
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
Total revenue	6,722	5,841	5,345	5,324	5,171	4,720	4,376	4,168	3,872	3,794	3,758	3,482
Cost of revenue	3,243	2,931	2,694	2,639	2,582	2,406	2,303	2,165	2,026	1,978	1,986	1,819
Gross profit	3,479	2,911	2,651	2,685	2,590	2,314	2,073	2,003	1,845	1,816	1,772	1,663
Selling, general and administrative	322	280	268	279	268	226	244	243	216	216	229	207
Research and development	643	583	573	576	580	526	495	495	498	512	470	423
Operating income	2,513	2,047	1,810	1,829	1,741	1,562	1,334	1,264	1,131	1,088	1,074	1,033
EBIT	2,513	2,047	1,810	1,829	1,741	1,562	1,334	1,264	1,131	1,088	1,074	1,033
EBITDA	2,633	2,163	1,914	1,931	1,840	1,659	1,430	1,358	1,219	1,177	1,165	1,123
Interest expense	34.2	39.3	40.9	42.5	42.8	45.2	45.3	44.9	46.4	47.2	46.3	45.3
Pre-tax income	2,555	2,012	1,837	1,859	1,779	1,537	1,348	1,294	1,154	1,093	1,087	1,026
Income tax	278	186	243	291	58.9	206	157	178	134	127	133	138
Net income	2,277	1,825	1,594	1,569	1,720	1,331	1,191	1,116	1,020	966	954	887
Net income to common shareholders	2,277	1,825	1,594	1,569	1,720	1,331	1,191	1,116	1,020	966	954	887
Basic EPS	1.82	1.46	1.27	1.24	1.35	1.04	0.93	0.86	0.78	0.74	0.72	0.67
Diluted EPS	1.81	1.45	1.26	1.24	1.34	1.03	0.92	0.86	0.78	0.73	0.72	0.67
Average shares (basic)	1,251	1,250	1,255	1,264	1,274	1,284	1,287	1,299	1,306	1,308	1,316	1,326
Average shares (diluted)	1,256	1,257	1,262	1,269	1,277	1,288	1,291	1,304	1,311	1,315	1,322	1,332
Dividend per share	0.26	0.26	0.26	0.26	0.23	0.23	0.23	0.23	0.20	0.20	0.20	0.20