Lam Research Earnings Reports

Lam Research posted solid results in Q1 FY26 with revenue growth and strong margins, although EPS and net income declined slightly compared to the prior quarter.

Lam Research delivered a robust Q4 2025, achieving record EPS and maintaining strong gross and operating margins. The company saw growth in both systems and customer support revenue, supported by increasing AI demand.

Lam Research delivered a solid quarter with $4.72B in revenue and $1.33B in net income. EPS exceeded $1, and margins improved QoQ, reflecting robust demand for semiconductor equipment.

Lam Research Corporation reported revenue of $4.38 billion for the December 2024 quarter. The U.S. GAAP diluted EPS was $0.92, and the non-GAAP diluted EPS was $0.91.

Lam Research reported revenue of $4.17 billion and a GAAP EPS of $0.86 for the quarter ended September 29, 2024. The company's financial results surpassed expectations, driven by strong execution.

Lam Research reported revenue of $3.87 billion and GAAP EPS of $7.78 for the quarter ended June 30, 2024. The results exceeded the midpoint of their guidance, driven by solid execution and growth in the customer support business group. The company is making strategic investments in R&D and operations to position itself for a multi-year period of strong wafer fab equipment spending.

Lam Research Corporation reported revenue of $3.79 billion and a GAAP diluted EPS of $7.34 for the quarter ended March 31, 2024. The company is strengthening its leadership and is well-positioned for future opportunities.

Lam Research announced revenue of $3.76 billion and a GAAP EPS of $7.22 for the quarter ended December 24, 2023. The company's non-GAAP EPS was $7.52. Investments in product differentiation and global infrastructure position the company well for future growth driven by innovations like AI.

Lam Research reported revenue of $3.48 billion and a GAAP EPS of $6.66 for the quarter ended September 24, 2023. The company continues to deliver strong results despite a cyclically soft year for wafer fabrication equipment spending.

Lam Research reported Q4 2023 revenue of $3.21 billion and a GAAP EPS of $5.97. The company's profitability exceeded guided ranges, driven by a broad product portfolio and customer collaboration.

Lam Research reported revenue of $3.87 billion and a GAAP EPS of $6.01 for the quarter ended March 26, 2023. The company's performance was impacted by lower wafer fabrication equipment spending. However, the company delivered solid March quarter performance, including record foundry-related revenues.

Lam Research Corporation reported revenue of $5.28 billion and U.S. GAAP diluted EPS of $10.77 for the quarter ended December 25, 2022. The company closed out 2022 with record revenue and earnings per share, despite supply chain challenges and inflationary pressures.

Lam Research reported record revenue of $5.07 billion in the September quarter. The company's performance was driven by solid execution and easing supply chain conditions. While anticipating weaker wafer fabrication equipment spending in 2023, Lam Research remains confident in its technology leadership and ability to manage through downturns.

Lam Research reported revenue of $4.64 billion and GAAP EPS of $8.74 for the quarter ended June 26, 2022. The company's performance was driven by solid operational execution, technology leadership, and a robust installed base business.

Lam Research announced financial results for the quarter ended March 27, 2022, reporting revenue of $4.06 billion and U.S. GAAP diluted EPS of $7.30. The company's results were within the guided ranges despite a difficult supply environment.

Lam Research reported revenue of $4.23 billion and U.S. GAAP diluted EPS of $8.44 for the quarter ended December 26, 2021. The company's non-GAAP diluted EPS was $8.53.

Lam Research reported record revenue of $4.30 billion and EPS of $8.27 for the quarter ended September 26, 2021. The company's performance was driven by strong demand and solid execution in a robust wafer fabrication equipment environment.

Lam Research reported strong performance for the June quarter, with revenue of $4.15 billion and U.S. GAAP diluted EPS of $7.98. The company's technology differentiation and deep collaboration with customers position Lam to extend its leadership across all market segments.

Lam Research Corporation announced financial results for the quarter ended March 28, 2021, with record revenue of $3.85 billion and U.S. GAAP diluted EPS of $7.41.

Lam Research Corporation reported a successful December 2020 quarter with revenue of $3.46 billion and non-GAAP diluted EPS of $6.03. The company closed out the most successful year in its 40-year history, driven by strong secular demand for semiconductors.

Lam Research reported strong financial results for the quarter ended September 27, 2020, with record revenues of $3.18 billion and diluted EPS of $5.59 on a U.S. GAAP basis and $5.67 on a non-GAAP basis. The company's performance was driven by strong operational execution and the ability to meet customers' critical needs.

Lam Research reported revenue of $2.79 billion and GAAP EPS of $4.73 for the quarter ended June 28, 2020. The company's performance demonstrates its ability to adapt and execute during unprecedented challenges.

Lam Research announced financial results for the quarter ended March 29, 2020. The company reported revenue of $2.50 billion and U.S. GAAP diluted EPS of $3.88. Extraordinary efforts by Lam's global teams helped to mitigate the operational impact of the COVID-19 pandemic.

Lam Research Corporation reported strong financial results for the quarter ended December 29, 2019, with revenue reaching $2.58 billion and U.S. GAAP diluted EPS of $3.43. The company's non-GAAP diluted EPS was $4.01. Lam is executing at a high level in an improving wafer fabrication equipment environment and building a powerful pipeline of new products to fuel future growth.