Lam Research Corporation

Lam Research Corporation

LRCX
Lam Research CorporationUS flagNASDAQ Global Select
293.02
USD
-4.70
- -
366.44BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.13
2.8
3.29
3.7
4.94
6.85
6.33
6.94
10.18
12.31
12.87
11.34
14.33
13.15
Basic EPS, GAAP
0.07
0.38
0.41
0.58
1.05
1.47
1.44
1.55
2.72
3.29
3.33
2.91
4.17
3.97
Free Cash Flow per Basic Share
0.43
0.44
0.49
0.85
1.25
1.64
2.08
1.47
2.5
2.22
3.82
3.54
4.8
3.51
Dividend per Share
- -
- -
0.07
0.12
0.15
0.19
0.44
0.45
0.51
0.58
0.67
0.78
0.89
0.75
Book Value per Share
2.87
3.21
3.37
3.81
4.32
4.19
3.27
3.57
4.23
4.58
6.16
6.55
7.77
- -
Tangible Book Value per Share
1.32
1.76
2.04
2.59
3.21
3.04
2.09
2.43
3.09
3.4
4.82
5.2
6.35
- -
Basic Weighted Avg Shares
1,689
1,647
1,596
1,589
1,622
1,616
1,525
1,448
1,436
1,399
1,355
1,314
1,286
1,255
Sales/Revenue/Turnover
3,599
4,607
5,259
5,886
8,014
11,077
9,654
10,045
14,626
17,227
17,429
14,905
18,436
16,510
Operating Margin (%)
3.28
14.71
16.49
18.25
23.74
29.01
25.53
26.62
30.64
31.24
29.93
28.73
32.01
34.44
Depreciation Expense
304
292
278
291
307
326
309
269
307
334
342
360
386
322
Net Income, GAAP
114
632
656
914
1,698
2,381
2,191
2,252
3,908
4,605
4,511
3,828
5,358
4,988
Effective Tax Rate (%)
- -
12.59
11.51
4.8
6.29
24.47
10.43
12.55
10.58
11.32
11.71
12.21
10.07
12.6
Profit Margin (%)
3.16
13.72
12.47
15.53
21.19
21.49
22.7
22.42
26.72
26.73
25.88
25.68
29.06
30.21
Working Capital
2,389
3,202
3,639
6,795
6,192
6,000
6,189
7,691
8,125
7,720
9,043
8,545
7,949
- -
LT Debt
789
817
1,001
3,378
1,785
1,807
3,823
4,971
4,984
4,998
5,003
4,479
3,730
- -
Total Equity
4,676
5,213
5,345
6,102
6,987
6,580
4,723
5,183
6,027
6,278
8,210
8,539
9,862
- -
Return on Invested Capital (%)
- -
9.36
10.67
11.2
17.57
25.62
23.95
22.85
35.52
41.3
36.24
27.46
37.13
66.79
Return on Capital (%)
- -
10.95
10.11
11.5
17.98
26.28
25.22
23.82
37.2
42.76
38.16
29.84
39.6
71.03
Return on Common Equity (%)
2.28
12.79
12.42
15.97
25.94
35.09
38.77
45.46
69.73
74.85
62.27
45.71
58.24
101.16

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
754
4
- -
LT Borrowings
3,730
3,730
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,251
1,251
1,251
Market Capitalization
214,177
267,190
541,896

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
14,018
13,297
- -
Cash, Cash Equivalents & STI
6,180
4,751
- -
Accounts Receivable, Net
3,492
4,133
- -
Inventories
4,038
4,000
- -
Total Current Liabilities
6,213
5,242
- -
Payables & Accruals
1,571
1,586
- -
ST Debt
754
4
- -
Deferred Revenue
2,165
2,091
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.51%
14.14%
15.48%
Free Cash Flow
28.43%
28.95%
32.69%
Net Income, GAAP
27.44%
22.84%
39.98%
Sales/Revenue/Turnover
15.12%
14.75%
23.68%
Total Cash Common Dividend
29.49%
11.85%
12.82%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,482
3,758
3,794
3,872
14,905
2025
4,168
4,376
4,720
5,171
18,436
2026
5,324
5,345
5,841
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
0.72
0.74
0.78
2.91
2025
0.86
0.93
1.04
1.35
4.17
2026
1.24
1.27
1.46
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.2
0.2
0.2
0.78
2025
0.2
0.23
0.23
0.23
0.89
2026
0.23
0.26
0.26
- -
- -

Company Description

APIChatGPT
CEO
Timothy Archer
Full Time Employees
19,000
Sector
Technology
Industry
Semiconductors
Address
4650 Cushing Parkway Fremont CA United States of America 94538
IPO Date
May 4, 1984
Business
Lam Research Corporation (Nasdaq: LRCX) designs, manufactures, markets, refurbishes and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company supplies wafer fabrication equipment and related services primarily for front-end wafer processing steps that create active components such as transistors and capacitors, along with interconnects; its core product portfolio encompasses market-leading solutions for thin film deposition, including atomic layer deposition; plasma etch, featuring platforms like Sense.i and Transformer Coupled Plasma technology; photoresist strip; and wafer cleaning processes, which support advanced memory, packaging structures, microelectromechanical systems (MEMS), light-emitting diodes (LEDs), sensors, transducers, analog and mixed signal devices, discretes, power devices, optoelectronics and photonics. Lam Research also offers high-precision mass metrology systems for advanced process monitoring and control, as well as ValuePoint Optimized Productivity Services to optimize customer equipment sets throughout product cycles; these technologies enable chipmakers to produce smaller, higher-performance devices for artificial intelligence, high-performance computing and other applications. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company operates globally with offices, manufacturing facilities and customer support across North America, Asia, Europe and other regions, serving leading semiconductor manufacturers including logic, memory producers and foundries. In September 2025, Lam Research entered into a non-exclusive cross-licensing and collaboration agreement with JSR Corporation and its subsidiary Inpria Corporation to accelerate next-generation patterning technologies, including dry resist for extreme ultraviolet (EUV) lithography via its Aether platform, metal oxide resists, high NA EUV patterning for advanced nodes, and new materials for atomic layer etching and deposition; this partnership builds on prior acquisitions like Novellus Systems in 2012 to expand etch, deposition and advanced packaging capabilities. In November 2025, the company deepened its investment in the Silicon Forest region to bolster semiconductor industry leadership amid the AI era, reflecting ongoing strategic expansions in operations and technology innovation.

Company News

APIChatGPT
  • Arete Wealth Advisors LLC Has $2.81 Million Stock Position in Lam Research Corporation $LRCX

  • Lam Research (NASDAQ:LRCX) Trading Down 1.6% After Analyst Downgrade

  • Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally

  • Not Micron, Not Sandisk. This Chip Stock Could Be the Biggest Winner of the AI Memory Boom

  • Lam Research (NASDAQ:LRCX) Stock Price Up 18.1% After Better-Than-Expected Earnings

  • BankChampaign National Association Takes Position in Lam Research Corporation $LRCX

  • I Am Still Calling Lam Research A Strong Buy After Q4 2026

  • Semiconductor stocks SOAR as strong Microsoft outlook revives AI trade

  • Lam Research: My Watch List Resolved Bullish, And The Stock Fell 7% Anyway

  • Lam Research Stock Soars 18.9% on $8.1 Billion AI Forecast

  • ASML, Lam Research, and a Ton of Other Stocks to Buy Right Now

  • This Micron ETF Lost Half its Value In a Month, but Is Still Up Almost 2,500% in a Year

  • Lam Research stock jumps 17% as AI demand fuels earnings beat, outlook

  • LRCX Q4 Earnings Beat on NAND and Customer Support Strength

  • Why Lam Research Stock Is Having Its Best Day Since 1999

  • Nasdaq Set to Snap Losing Streak as Tech Bounces Back

  • Chip stocks rip higher, with Lam Research up 20% and Micron, AMD booming

  • LRCX Q4 Earnings Call Highlights AI-Driven Expansion

  • Microsoft, Meta, Lam Research, Shell, and More Stocks That Explain Today's Market

  • Lam Research Corporation $LRCX Shares Bought by Arkadios Wealth Advisors