Every 10-Q that Lam Research Corp (LRCX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LRCX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LRCX filings page.
Lam Research reported strong results for the quarter ended March 29, 2026, with revenue of $5,841,488,000 and net income of $1,825,460,000. Revenue grew across both systems and customer support, helped by higher foundry and memory spending, especially in DRAM. Gross margin was 49.8%, reflecting improved factory efficiencies.
Operating expenses rose modestly as the company continued to invest in R&D and added headcount, yet diluted EPS still reached $1.45. Cash from operations was $4.40 billion over nine months, funding $3.60 billion of share repurchases, $945.3 million of dividends, and $777.6 million of capital spending while also retiring $750 million of senior notes.
Lam Research Corporation delivered stronger results for the quarter and six months ended December 28, 2025. Revenue for the first six months rose to $10.67 billion from $8.54 billion a year earlier, while net income increased to $3.16 billion from $2.31 billion. Gross margin improved to 50.0% of revenue from 47.7%, helped by favorable customer mix.
Foundry customers drove 60% of leading- and non-leading-edge equipment and upgrade revenue in the six-month period, with China and Taiwan together accounting for 59% of revenue in the December quarter. Cash, cash equivalents, and restricted cash totaled $6.20 billion, after $2.44 billion of share repurchases and $619.5 million of dividends during the six months. Deferred revenue stood at $2.25 billion, reflecting a substantial future revenue pipeline.
Lam Research (LRCX) reported stronger quarterly results. Revenue reached $5.324 billion, up from $4.168 billion a year ago, driven by higher systems sales and ongoing service demand. Gross margin improved to 50.4%, and net income rose to $1.569 billion with diluted EPS of $1.24. Operating income was $1.829 billion.
Systems revenue was $3.548 billion and customer support-related revenue was $1.777 billion. By region, China generated $2.283 billion, Taiwan $1.027 billion, and Korea $0.776 billion. Foundry represented 60% of leading/non-leading-edge equipment and upgrades, Memory 34%, and Logic/IDM 6%. Cash and cash equivalents were $6.693 billion, supported by $1.779 billion in operating cash flow. The company returned capital through $975.8 million of share repurchases and $292.0 million in dividends. Deferred revenue ended at $2.769 billion. Shares outstanding were 1,256,030 thousand as of October 22, 2025.