# Lam Research (LRCX) — Earnings

LRCX · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/lrcx/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q4 2026 |
| Period end | Jun 28, 2026 |
| EPS actual | $1.82 |
| EPS estimate | $1.69 |
| EPS surprise | +7.90% |
| Revenue surprise | +0.86% |
| Revenue | $6.7B |
| Revenue estimate | $6.7B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/707549/000070754926000033/lrcx-20260729.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/a27d2163-04e6-f5d5-e268-1a16115d3798.html) |

Lam Research reported fiscal Q4 2026 results on July 29, 2026. Earnings per share came in at $1.82, ahead of the $1.69 estimate by 7.90%. Revenue was $6.7 billion, 0.86% above consensus. Compared with fiscal Q4 2025, EPS rose about 37% from $1.33 and revenue rose about 29% from $5.2 billion.

The longer record shows a dip and a strong recovery. Annual EPS was $3.31 in fiscal 2022 and $3.41 in 2023, then slipped to $3.03 in 2024. It rose to $4.14 in fiscal 2025 and $5.82 in fiscal 2026, up about 41% in the latest year. Revenue grew from $15.0 billion in fiscal 2024 to $18.5 billion in 2025 and $23.1 billion in 2026. The low point in the table was fiscal Q4 2023, at $0.60 per share on $3.2 billion in sales. Fiscal Q4 2026 set the highs for both. Over the last 20 quarters, Lam Research beat the EPS estimate 19 times. The only miss was fiscal Q3 2022, at 1.60% below.

Lam Research reported fiscal Q1 between October 18 and October 23 in each of the past five years. That points to mid-to-late October 2026 for the next report, the first of fiscal 2027.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q4 2026 | Jul 29, 2026 | $1.69 | $1.82 | 7.90% | $6.7B | $6.7B |
| Q3 2026 | Apr 22, 2026 | $1.36 | $1.47 | 7.78% | $5.8B | $5.8B |
| Q2 2026 | Jan 28, 2026 | $1.17 | $1.27 | 8.48% | $5.2B | $5.3B |
| Q1 2026 | Oct 22, 2025 | $1.22 | $1.26 | 3.60% | $5.2B | $5.3B |
| Q4 2025 | Jul 30, 2025 | $1.21 | $1.33 | 10.34% | $5.0B | $5.2B |
| Q3 2025 | Apr 23, 2025 | $1.00 | $1.04 | 3.90% | $4.6B | $4.7B |
| Q2 2025 | Jan 29, 2025 | $0.88 | $0.91 | 3.60% | $4.3B | $4.4B |
| Q1 2025 | Oct 23, 2024 | $0.81 | $0.86 | 6.65% | $4.1B | $4.2B |
| Q4 2024 | Jul 31, 2024 | $0.76 | $0.81 | 7.46% | $3.8B | $3.9B |
| Q3 2024 | Apr 24, 2024 | $0.73 | $0.78 | 6.74% | $3.7B | $3.8B |
| Q2 2024 | Jan 24, 2024 | $0.71 | $0.75 | 5.69% | $3.7B | $3.8B |
| Q1 2024 | Oct 18, 2023 | $0.62 | $0.69 | 11.36% | $3.4B | $3.5B |
| Q4 2023 | Jul 26, 2023 | $0.51 | $0.60 | 18.02% | $3.1B | $3.2B |
| Q3 2023 | Apr 19, 2023 | $0.65 | $0.70 | 7.14% | $3.8B | $3.9B |
| Q2 2023 | Jan 25, 2023 | $1.00 | $1.07 | 6.81% | $5.1B | $5.3B |
| Q1 2023 | Oct 19, 2022 | $0.96 | $1.04 | 8.85% | $4.9B | $5.1B |
| Q4 2022 | Jul 27, 2022 | $0.73 | $0.88 | 20.63% | $4.2B | $4.6B |
| Q3 2022 | Apr 20, 2022 | $0.75 | $0.74 | -1.60% | $4.2B | $4.1B |
| Q2 2022 | Jan 26, 2022 | $0.85 | $0.85 | 0.19% | $4.4B | $4.2B |
| Q1 2022 | Oct 20, 2021 | $0.82 | $0.84 | 1.62% | $4.3B | $4.3B |

## Frequently Asked Questions

### When did Lam Research (LRCX) last report earnings?

Lam Research last reported on Jul 29, 2026, covering fiscal Q4 2026.

### Did LRCX beat earnings estimates?

Yes. Lam Research reported EPS of $1.82 for Q4 2026 against a $1.69 estimate — a 7.90% beat.

### How much revenue did LRCX report last quarter?

Lam Research reported $6.7B in revenue for Q4 2026, against a consensus estimate of $6.7B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).