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Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.
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NASDAQ · TECHNOLOGY · Profile
Lam Research Corp (LRCX) stock profile and business model
What Lam Research Corp does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.
Section freshness
Price Jun 12, 7:59 PM EDT · Statements Mar 30, 8:00 PM EDT
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Data freshness
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PriceLive
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Fundamentalsevery 1 day
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Analystevery 1 day
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Newsevery 4 hr
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Investor profile snapshot
LRCX live price, business model and key metrics
Start with the live market print, then use this profile to connect Lam Research Corp's operating model with revenue, margins, peer context, and investor risk.
After-hoursRealtime extended-hours pricing
$369.90
▲ +$3.09(+0.84%)7:59 PM ET - vs previous closeiQuote as of Jun 12, 2026, 7:59 PM EDT
After-hours NASDAQ quote as of Jun 12, 2026, 7:59 PM EDT. Extended-hours prices can sit outside the regular-session range.
Market data source
Today79%
$354.89L Jun 12 '26$373.82H Jun 12 '26
52-week99%
$87.33$373.82
Long-term ranges5Y, 10Y, Since first printHide
5Y99%
$28.91L Oct 13 '22$373.82H Jun 12 '26
10Y99%
$6.28L May 16 '16$373.82H Jun 12 '26
Since first print99%
$0.5637L Oct 8 '02$373.82H Jun 12 '26
Live price
$369.90
Quote context appears first on profile pages.
Market cap
$458.72B
Equity scale
Forward P/E
46.73
Consensus valuation multiple
Analyst view
Buy
Target $323.38 (-12.58% implied)
Company · Profile
About Lam Research Corp (LRCX)
Sector, leadership, and how Lam Research Corp earns its revenue.
TECHNOLOGY
Company · Profile
About Lam Research Corp (LRCX)
Sector, leadership, and how Lam Research Corp earns its revenue.
Lam Research Corp
NASDAQ · LRCX · USA
- Sector
- TECHNOLOGY
- Industry
- SEMICONDUCTOR EQUIPMENT & MATERIALS
- Country
- USA
- Founded
- 2003
- Exchange
- NASDAQ
Business identity
Lam Research Corp company facts and operating footprint
Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.
- Sector
- TECHNOLOGY
- Industry
- SEMICONDUCTOR EQUIPMENT & MATERIALS
- Founded
- 2003
- Country
- USA
- Exchange
- NASDAQ
Registration and filing identifiersShowHide
- Asset type
- Common Stock
- Fiscal year end
- June
- Latest quarter
- Mar 31, 2026
- CIK
- 707549
Key metrics
LRCX valuation, revenue and margin profile
- Market cap
- $458.72B
- Equity scale
- Revenue TTM
- $21.68B
- Trailing twelve months
- Forward P/E
- 46.73
- Consensus earnings multiple
- Net margin
- 30.90%
- Profit after expenses
- Revenue growth
- 23.80%
- Latest YoY quarter
- Free cash flow
- $809.82M
- Reported in USD
Margin quality snapshot
Gross margin49.98%
Operating margin35.00%
Net margin30.90%
Competitors
LRCX competitors and peer context
Peer data is limited for this ticker. The full peers route will expand as provider coverage improves.
Risk heatmap
LRCX business risks investors should monitor
Valuation sensitivity
High46.73x
A premium multiple leaves less room for execution misses or slower growth.
Balance-sheet flexibility
MonitorD/E 0.35 · CR 2.54
Debt load and near-term liquidity shape how much strategic patience the company has.
Growth durability
Monitor23.80%
Latest YoY revenue growth is the first check on whether the business model is still expanding.
Market sensitivity
ElevatedBeta 1.87
Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.
Regulatory and operating pressure
ElevatedTECHNOLOGY
Platform rules, AI governance, export controls, and supply-chain constraints can move product timing, margins, or addressable markets.
LRCX ownership and registration profile
- Float shares
- 1.25B
- Insider ownership
- 28.00%
- Institutional ownership
- 88.09%
- Address
- 4650 CUSHING PARKWAY, FREMONT, CA, UNITED STATES, 94538
Size & scale
- Market cap
- $458.72B
- Enterprise value
- $457.70B
- Shares outstanding
- 1.25B
- Currency
- USD
Frequently asked
Common questions.
What does Lam Research Corp do?
Lam Research Corp's business profile, sector, industry, headquarters, founding year, employee count, leadership, and product portfolio are summarised on the LRCX Profile page — sourced from issuer disclosures and the TECHi-curated company record.
Who is the CEO of Lam Research Corp?
Current leadership is listed on the LRCX Profile page with links to TECHi's Leaders pages where each named executive has a long-form profile, beat assignments, and connected products.
Where is Lam Research Corp headquartered?
Lam Research Corp's headquarters address, country, and employee count are displayed on the Profile page; deeper geographic revenue mix lives in the Financials tab.
What products does Lam Research Corp ship?
The Profile page lists Lam Research Corp's key products with deep links to TECHi's per-product pages (specs, pricing, market share, alternatives) under /products/.