Stock research
Lam Research supplies wafer-fabrication equipment specializing in etch and deposition steps for advanced memory and logic chips.
For the fiscal year ended June 28, 2026, Lam Research Corporation reported revenue of $23.2B and net income of $7.3B, with operating cash flow of $5.9B. Source: Form 10-K filed August 7, 2026
SEC data as of
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.
Reported figures from Lam Research Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $23.2B | 2025-06-30 – 2026-06-28 | SEC filing |
| Net income | $7.3B | 2025-06-30 – 2026-06-28 | SEC filing |
| Operating cash flow | $5.9B | 2025-06-30 – 2026-06-28 | SEC filing |
| Diluted EPS | $5.76 | 2025-06-30 – 2026-06-28 | SEC filing |
| Net margin | 31.3% | 2025-06-30 – 2026-06-28 | SEC filing |
| Shares outstanding | 1.25B | As of 2026-01-27 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.
Lam Research Corporation sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for LRCX; the forces that matter most for the sector are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
Operating cash flow was $5.9B, 0.81 times net income of $7.3B, for the fiscal year ended June 28, 2026.
Cash from operations trailed reported earnings. Working-capital build (receivables, inventory, prepayments) or non-cash gains are the usual reasons; check the cash-flow statement before relying on reported profit.
Net income was 31.3% of revenue for the fiscal year ended June 28, 2026, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
The SEC lists Lam Research Corporation's fiscal year end as June 28, not December 31. The latest annual figures here run from June 30, 2025 to June 28, 2026.
Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.
Members-only research
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Lam Research and the economics of harder-to-build memoryA retrospective case study of what Lam Research’s NAND conversions, manufacturing complexity and cash conversion showed on January 30, 2026, with the later results kept separate.
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The thesis, the numbers behind it, and what would break it. Full access is $39 a month.
Read the full researchHow we source and review company pages: research methodology.
| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| Sheldon Whitehouse | 2026-08-13 | Sale | Spouse | $1,001 - $15,000 | Filing #f8d003c0-ca1e-4c39-9d66-632d220180e1 |
| David Taylor | 2026-06-05 | Sale | Self | $1,001 - $15,000 | Filing #20034780 |
| David Taylor | 2026-04-27 | Sale | Self | $1,001 - $15,000 | Filing #20034489 |
| David Taylor | 2026-04-27 | Sale | Self | $1,001 - $15,000 | Filing #20034489 |
| Alan Armstrong | 2026-03-27 | Purchase | Self | $1,001 - $15,000 | Filing #fda235b3-bad7-4637-8fa1-053f354d929c |
| David Taylor | 2026-03-12 | Purchase | Self | $1,001 - $15,000 | Filing #20034207 |
| David Taylor | 2026-02-26 | Sale | Self | $1,001 - $15,000 | Filing #20034138 |
| David Taylor | 2026-02-26 | Sale | Self | $1,001 - $15,000 | Filing #20034138 |
| Cleo Fields | 2026-02-03 | Purchase | Self | $15,001 - $50,000 | Filing #20034018 |
| David Taylor | 2026-01-16 | Sale | Self | $1,001 - $15,000 | Filing #20033916 |
All verified LRCX congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
Lam Research supplies wafer-fabrication equipment specializing in etch and deposition steps for advanced memory and logic chips.
For the fiscal year ended June 28, 2026, Lam Research Corporation reported revenue of $23.2B and net income of $7.3B, with operating cash flow of $5.9B. The figures come from Lam Research Corporation's SEC XBRL filings.
The SEC lists Lam Research Corporation's fiscal year end as June 28.
The current verified House and Senate snapshot contains 38 transaction rows for LRCX, each linked to the original filing.
This page does not rate LRCX as a buy or sell. It sets out what Lam Research Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.
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