Lam Research LRCX
Lam Research fiscal 2026 annual report
Fiscal 2026 (ended Jun 28, 2026) · Filed Aug 7, 2026Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Lam Research sell in fiscal 2026?
As stated in annual reports · fiscal 2022–2026
Fiscal 2026 revenue
$23.2B+26.0% vs prior year
Net income $7.3B · 31.3% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2022 | $17.2B | $4.6B |
| 2023 | $17.4B | $4.5B |
| 2024 | $14.9B | $3.8B |
| 2025 | $18.4B | $5.4B |
| 2026 | $23.2B | $7.3B |
Fiscal 2026 (ended Jun 28, 2026) · Filed Aug 7, 2026Whalegun
- Revenue
- $23.2B
- +26.0% vs prior year
- Operating income
- $8.2B
- 35.3% of revenue
- Net income
- $7.3B
- +35.6% vs prior year
- Diluted EPS
- $5.76
- Operating cash flow
- $5.9B
- Free cash flow
- $4.9B
Key points the company states
Lam Research supplies wafer fabrication equipment and services for deposition, etch and clean
- The company says it is a global supplier of wafer fabrication equipment and services to the semiconductor industry.
- Its core markets are deposition, etch and clean.
- Its customers are memory, foundry and integrated device manufacturers.
Lam Research's fiscal 2026 revenue rose 26.0% to $23.2 billion
- Revenue rose 26.0% to $23.2 billion, which the company attributes to demand from foundry customers.
- Gross margin was 50.5% of revenue, up from 48.7%.
- Net income rose 35.6% to $7.27 billion and diluted EPS rose 38.8% to $5.76.