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Lam Research (LRCX) Net Income by Year

LRCX NASDAQ

Lam Research Corp reported $7.3B in net income in fiscal year 2026. This represents an increase of 35.6% from the prior fiscal year. Over the trailing 12 months, Q2 FY2026 through Q1 FY2027, the same line adds up to $8.4B in net income. The table below carries 15 fiscal years, from 2009 to 2026, and the quarters Lam Research Corp has filed alongside them.

FY2026 annual
Net Income $7.3B
YoY +35.6%
5Y CAGR +13.2%
10Y CAGR +23.0%
Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Sep 27, 2026 Reported Currency USD

Annual figures, oldest first. Point at a bar to read its period.

LRCX Net Income by Fiscal Year

Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.

MetricTTMFY2610-KFY2510-KFY2310-KFY2210-KFY2110-KFY2010-KFY1810-KFY1710-KFY1610-KFY1510-KFY1410-KFY1210-KFY1110-KFY1010-KFY0910-K
Net Income$8.4B$7.3B+35.6%$5.4B$4.5B-2.0%$4.6B+17.8%$3.9B+73.6%$2.3B$2.4B+40.2%$1.7B+85.7%$914.0M+39.4%$655.6M+3.7%$632.3M$168.7M-76.7%$723.7M+108.8%$346.7Mn/m-$302.1M

TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings.

LRCX Net Income by Quarter

Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.

MetricQ1'2710-QQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-Q
Net Income$2.8B+75.5%$2.3B+32.4%$1.8B+37.2%$1.6B+33.8%$1.6B+40.5%$1.7B$1.3B+37.8%$1.2B+24.8%$1.1B+25.8%N/A$965.8M+18.7%$954.3M-35.0%

What net income means

Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.

More Lam Research Corp financials

Frequently Asked Questions

What was Lam Research Corp's net income in fiscal year 2026?

Lam Research Corp reported $7.3B in net income in fiscal year 2026.

How fast is Lam Research Corp's net income growing?

Lam Research Corp (LRCX) net income rose by 35.6% year over year, from $5.4B to $7.3B in fiscal year 2026.

What is Lam Research Corp's net income over the last twelve months?

Lam Research Corp (LRCX) reported $8.4B in net income over the trailing 12 months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings.

Across the 15 fiscal years this page covers, Lam Research Corp (LRCX) net income went from -$302.1M in fiscal year 2009 to $7.3B in fiscal year 2026.

Lam Research Corp (LRCX) reported $2.8B in net income in Q1 2027. This represents an increase of 75.5% from the same quarter a year earlier.

Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what Lam Research Corp (LRCX) reported on that line in every period on record.