Lam Research
Lam Research is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. The company specializes in nanoscale manufacturing enablement, providing the sophisticated process technologies required to build advanced memory and logic devices. Its core value proposition lies in integrating hardware, chemistry, and process control to enable vertical scaling and atomic-scale precision for the world's leading semiconductor manufacturers.
Financials
Based on Q3 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Deposition
majorEquipment used to create layers of dielectric and metal materials on a wafer through chemical, atomic, and electrochemical processes.
ALTUS, SABRE, VECTOR, Striker, SPEED
Memory Manufacturers, Foundries, Integrated Device Manufacturers (IDMs)
Etch
majorSystems that selectively remove materials to create chip features, including high-aspect-ratio structures for 3D architectures.
Kiyo, Versys, Flex, Vantex, Syndion, Sense.i
Logic Manufacturers, NAND/DRAM Manufacturers, CMOS Image Sensor Makers
Customer Support Business Group (CSBG)
majorLifecycle services and products designed to maximize equipment performance, including spares, upgrades, and refurbished systems.
Reliant, Equipment Intelligence
Installed Base Customers, Non-leading edge semiconductor manufacturers
Clean
moderateTechnologies used to remove contaminants and residues between manufacturing steps to enhance die yield and reliability.
Coronus, EOS, DV-Prime, Da Vinci, SP Series
Wafer Level Packaging (WLP) Providers, IoT Device Manufacturers, MEMS Manufacturers
Segment Financials
Logic/integrated device manufacturing — Concentration
View metricFoundry — Concentration
View metricMemory — Concentration
View metricReportable Segment — Installation and warranty expense
View metricReportable Segment — Segment Reporting, Cost of Product and Service Sold
View metricBusiness Overview
Competitive Position
A leading global supplier of wafer fabrication equipment with a dominant position in the deposition and etch markets, particularly for 3D NAND and advanced logic scaling.
Geographies
United States, China, Taiwan, Korea, Japan, Europe, Southeast Asia
Customer Segments
Semiconductor Foundries, Memory Manufacturers, Integrated Device Manufacturers
Upstream Dependencies
Specialized component suppliers, Sub-assembly manufacturers, Outsourced logistics and warehousing providers, Raw material suppliers for chemistry and gases
Downstream Customers
Samsung Electronics, Taiwan Semiconductor Manufacturing Company (TSMC), Intel Corporation, SK Hynix, Micron Technology
Competitors & Partners
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Partners
Taiwan Semiconductor Manufacturing Company
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Significant customer and strategic industry partner
SEMI
Global industry association representing the electronics manufacturing supply chain
Subsidiaries
Novellus Systems, Inc.
Acquired entity integrated into deposition and etch business units
Lam Research FAQ
Common questions about Lam Research
Lam Research is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. The company specializes in nanoscale manufacturing enablement, providing the sophisticated process technologies required to build advanced memory and logic devices. Its core value proposition lies in integrating hardware, chemistry, and process control to enable vertical scaling and atomic-scale precision for the world's leading semiconductor manufacturers.
Lam Research (LRCX) has a market capitalization of $377.97B and trades on NASDAQ.
Lam Research generated $21.7B in trailing twelve-month revenue with net income of $6.7B, representing a net margin of 30.9%. Gross margin stands at 50.0%. These figures are based on the Q1 2026 filing.
Lam Research's key competitors include Applied Materials, Inc., KLA Corporation, Entegris Inc, and others. These companies compete in similar markets and product categories.
Lam Research has approximately 17,200 employees.