The financials
Lam Research by the numbers
Lam Research (LRCX) reported revenue of $6.72B in Q4 2026 (quarter ended June 28, 2026), up 30% from the same quarter a year earlier. That came with a gross margin of 52% and net income of $2.28B (34% of revenue). For the full year FY2026, revenue was $23.2B (+26% year on year) and net income $7.27B. Its largest region in 2026-Q1 was CN at $2.00B, 34% of the disclosed total, just ahead of KR at 23%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $6.72B | $5.17B | +30% |
| Gross profit | $3.48B | $2.59B | +34% |
| Operating income | $2.51B | $1.74B | +44% |
| Net income | $2.28B | $1.72B | +32% |
| Diluted EPS | $1.81 | $1.34 | +35% |
| Geographic | Revenue | Share |
|---|---|---|
| CN | $2.00B | 34% |
| KR | $1.35B | 23% |
| TW | $1.32B | 23% |
| JP | $471M | 8.1% |
| US | $355M | 6.1% |
| Southeast Asia | $208M | 3.6% |
| Europe | $141M | 2.4% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $5.84B (+9.3%)
US grew +87% year on yearJP -0.89% year on year
Segment Latestquarter on quarteryear on year
- CN$2.00B$2.00BQoQ +7.4%year on year +36%+7.4%+36%
- KR$1.35B$1.35BQoQ +28%year on year +18%+28%+18%
- TW$1.32B$1.32BQoQ +23%year on year +17%+23%+17%
- JP$470.7M$470.7MQoQ -14%year on year -0.89%-14%-0.89%
- US$355.3M$355.3MQoQ +40%year on year +87%+40%+87%
- Southeast Asia$207.8M$207.8MQoQ -50%year on year +17%-50%+17%
- Europe$140.9M$140.9MQoQ +0.74%year on year +5.4%+0.74%+5.4%
Semiconductor Equipment & Materials
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