NASDAQ:LRCX
Lam Research Corp.
Lam Research Corp.'s revenue grew 26.0% in fiscal 2026 to $23.2B while operating margin rose to 35.3%, its highest in 10 years. Free cash flow was $4.9B, 21.1% of revenue, and the diluted share count fell 2.3%.Summary generated from Lam Research Corp.'s SEC filings. Latest annual report filed Aug 7, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$23.2B
Revenue growth+26.0%
Revenue, 5-yr CAGR+9.7%
Gross margin50.5%
Operating margin35.3%
Net margin31.3%
ROIC77.7%
Return on equity65.1%
Debt / equity0.30
Free cash flow$4.9B
FCF margin21.1%
Share count change−2.3%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 17.2 | 17.4 | 14.9 | 18.4 | 23.2 |
| Operating income | 5.4 | 5.2 | 4.3 | 5.9 | 8.2 |
| Net income | 4.6 | 4.5 | 3.8 | 5.4 | 7.3 |
| Free cash flow | 2.6 | 4.7 | 4.3 | 5.4 | 4.9 |
Recent filings
- DEF 14AProxy statement
Sep 24, 2026 - 4Insider transaction report
Sep 10, 2026 - 4Insider transaction report
Sep 10, 2026 - 8-KDirector or officer change
Aug 27, 2026 - 10-KAnnual report for the fiscal year ended Jun 28, 2026
Aug 7, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 10-QQuarterly report for the period ended Mar 29, 2026
Apr 23, 2026 - 8-KResults of operations and financial condition
Apr 22, 2026