LAM RESEARCH CORP (LRCX)

Earnings Overview

Next Earnings Date

April 22, 2026

LAM RESEARCH CORP (LRCX) reported Dec-25 earnings with earnings per share of $1.27, an increase of 40% compared to the same quarter last year. LRCX revenue came in at $5.34 billion, up 22% year-over-year. The next LAM RESEARCH CORP earnings report is expected on April 22, 2026.

Annual

YearEPSYoYRevenue (Bil)YoY
20254.14+37%18.44+24%
20243.03-11%14.91-14%
20233.41+3%17.43+1%

Quarterly

QuarterEPSYoYRevenue (Bil)YoY
Dec-251.27+40%5.34+22%
Sep-251.26+47%5.32+28%
Jun-251.33+64%5.17+34%
Mar-251.04+33%4.72+24%

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Earnings Call Summary

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Earnings Surprises

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Performance Score

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Analyst Estimates

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LRCX Beat/Miss History

LAM RESEARCH CORP has beaten analyst EPS estimates in 20 of the last 23 quarters. The largest earnings beat was +20.5% in Jun-22. The largest miss was -89.3% in Mar-24. On the revenue side, LRCX exceeded estimates in 18 of 23 quarters.

LRCX Growth Trajectory

LAM RESEARCH CORP EPS growth has ranged from -34% to +69% over the last 19 quarters. LRCX posted positive EPS growth in 14 of 19 quarters. EPS growth has been decelerating over the most recent quarters.

Revenue growth for LRCX ranged from -31% to +48% over the same period. The most recent quarter brought in $5.34 billion in revenue.

LRCX Annual Performance

In 2025, LAM RESEARCH CORP earned $4.14 per share, up 37% from 2024 when EPS was $3.03. Full-year 2025 revenue for LRCX was $18.44 billion, an increase of 24% year-over-year.