LRCX

— Fundamental Stock Analysis and Report Card

Technology : Semiconductors

Located in Fremont, CA, US. Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
49.98%
EBITDA Margin TTM
36.85%
Net Margin TTM
30.94%
Earnings Per Share TTM
5.37
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

Lam Research Corporation
Select Period:
Q3 2026
Total ($)
Q3 2026
Margin (%)
Revenue
5.8b
+1.1b
+23.8%
Gross Income
2.9b
+596.8m
+25.8%
50%
+0.8pp
+1.6%
EBITDA
2.2b
+488.0m
+29.1%
37%
+1.5pp
+4.3%
Operating Income
2.0b
+485.3m
+31.1%
35%
+2.0pp
+5.9%
Net Income
1.8b
+494.8m
+37.2%
31%
+3.1pp
+10.9%
Earnings Per Share
1.46
+0.4
+40.4%
Operating Cash Flow
1.1b
-167.2m
-12.8%
20%
-8.2pp
-29.5%
Free Cash Flow
809.8m
-210.8m
-20.7%
14%
-7.8pp
-35.9%
Research & Development
583.2m
+57.3m
+10.9%
10%
-1.2pp
-10.4%
Recommendations

What are the analysts saying?

Analyst Consensus aggregates Wall Street recommendations into buy/hold/sell counts, while the Fundamental Scorecard grades the company on six financial ratios (P/B, P/E, D/E, ROA, ROE, DCF) plus an overall score. The two measure different things and can point in different directions.

Analyst Consensus
Fundamental Scorecard
Recent Upgrades & Downgrades