LAM RESEARCH CORPORATION — Earnings

Most recent reported period: FY2026 (Q1) (filed for period ending 2026-03-29) · sourced from SEC EDGAR

Next earnings (estimated): Sun, June 28, 2026 ~58 days away. Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)

Recent earnings · last 8 quarters

Quarter endRevenueYoYNet IncomeYoYOp. Margin
2026-03-29$5.84B↑+23.8%$1.83B↑+37.2%35.0%
2025-12-28$5.34B↑+22.1%$1.59B↑+33.8%33.9%
2025-09-28$5.32B↑+27.7%$1.57B↑+40.5%34.4%
2025-06-29$5.17B↑+33.6%$1.72B↑+68.6%33.7%
2025-03-30$4.72B↑+24.4%$1.33B↑+37.8%33.1%
2024-12-29$4.38B↑+16.4%$1.19B↑+24.8%30.5%
2024-09-29$4.17B↑+19.7%$1.12B↑+25.8%30.3%
2024-06-30$3.87B↑+20.7%$1.02B↑+27.1%29.1%

Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.

Last earnings · FY2026 (Q1)

Revenue
$5.84B
↑+23.8% +$1.12B YoY
Net Income
$1.83B
↑+37.2% +$495M YoY

Earnings surprise · last 8 quarters

YoY % change · proxy for analyst surprise until estimates land

EPS history · last 10 fiscal years

diluted, GAAP, annual

Note: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.

Margin trends · 68 quarters

margin trajectory tells the operating-leverage story
Gross Margin↑+0.8pts
49.8%
Operating Margin↑+2.0pts
35.0%
Net Margin↑+3.1pts
31.2%

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