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.

Lam Research (LRCX) Stock Price & Market Analysis
LRCX · NASDAQ · Semiconductors
$347.49
▲ +$7.39(+2.17%)4:00 PM ET - vs previous closeQuote as of Oct 2, 2026, 4:00 PM EDT
Regular-session close · Oct 2, 2026, 4:00 PM EDT.
Yahoo Finance · delayed, minutes not stated · as of Oct 2, 2026, 4:00 PM EDT · last confirmed
Long-term rangesAvailable historyHide
Available history: 2000-10-03–2026-10-02. This is the supplied data window, not a verified inception date. Range extremes use intraday highs/lows where supplied, otherwise closes. Provider-reported; adjustment basis unspecified. The separate 52-week range uses Yahoo Finance figures; its adjustment basis is unspecified.
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Reported fundamentals
LRCX research snapshot
Annual revenue
USD 23.23B
Sales for the fiscal year ended Jun 28, 2026. This is not trailing twelve-month revenue.
Revenue change
+26.0%
Change versus the fiscal year ended Jun 29, 2025.
Net profit margin
31.3%
Net income divided by revenue for the fiscal year ended Jun 28, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · Profile
About Lam Research (LRCX)
Sector, leadership, and how Lam Research earns its revenue.
Technology
Company · Profile
About Lam Research (LRCX)
Sector, leadership, and how Lam Research earns its revenue.
Lam Research
NASDAQ · LRCX · US
Company narrative is editorial context. Source observation date: 2026-10-02T00:08:02.483Z. Narratives and leadership records are excluded from current quality ratings.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Fremont, CA, United States
- Country
- US
- Founded
- 1984
- Employees
- 23,300
- CEO
- Timothy Archer
- Exchange
- NASDAQ
Business model & operating evidence
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 30.0%
Year-over-year growth in the latest quarter. This is not the fiscal-year revenue change in the snapshot above. · SEC Companyfacts · 2026-06-28
Growth produces accounting profit
Supporting observation: 31.3%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · SEC Companyfacts · 2026-10-03T10:19:58.669Z
The business generates cash after investment
Supporting observation: USD 1.27B
Latest reported free cash flow. It is not a forecast and it is not the fiscal-year snapshot. · SEC Companyfacts · 2026-06-28
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $6.72Bquarter ended Jun 28, 2026
- Gross margin
- 51.7%quarter ended Jun 28, 2026
- Operating margin
- 37.4%quarter ended Jun 28, 2026
- Capital expenditure
- $188.80Mquarter ended Jun 28, 2026
- Free cash flow
- $1.27Bquarter ended Jun 28, 2026
- Free cash flow margin
- 18.9%quarter ended Jun 28, 2026
- Operating cash / net income
- 0.64×quarter ended Jun 28, 2026
- Revenue growth year over year
- 30.0%quarter ended Jun 28, 2026
Leadership
CEO: Timothy Archer
Source: Financial Modeling Prep · 2026-10-02T00:08:02.483Z
Ownership filings and insider activityCompetitors & comparisons
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Governance & sustainability
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Market closed
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Next open: 2026-10-05 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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