When did Lam Research report Q3 2025 earnings?

Lam Research (LRCX) reported Q3 2025 earnings on April 23, 2025 after market close.

What were Lam Research's Q3 2025 revenue and EPS?

Lam Research reported revenue of $4.7B and diluted EPS of $1.04 for Q3 2025.

Did Lam Research beat estimates in Q3 2025?

Revenue beat the consensus estimate of $4.6B by $77.4M. EPS beat the consensus estimate of $1.00 by $0.04.

How did Lam Research's Q3 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 24.4% from $3.8B a year earlier and diluted EPS grew 33.3% from $0.78.

Where can I find Lam Research's Q3 2025 SEC filings?

You can read the 10-Q periodic report (0000707549-25-000054) directly on SEC EDGAR. The filing index links above go to sec.gov.

Lam Research LRCX Q3 2025 earnings

Reported April 23, 2025 · After market close

Revenue$4.7BBeat by $77.4M Diluted EPS$1.04Beat by $0.04

Revenue estimate$4.6B

EPS estimate$1.00

Next report

Jul 29, 2026 (in a month)

Revenue estimate$6.6B

EPS estimate$1.65

Financials

Q3 2025

Income statement

See full

Revenue$4.7B+24.4%

Gross profit$2.3B+28.5%

Operating income$1.6B+47.7%

Net income$1.3B+37.8%

EPS (diluted)$1.03+41.1%

Balance sheet

See full

Cash & equivalents$5.5B-3.7%

Total debt$4.5B-10.0%

Total equity$9.5B+18.6%

Total assets$20.0B+9.2%

Cash flow

See full

Operating cash flow$1.3B-5.5%

CapEx$288.1M+178%

Free cash flow$1.0B-20.3%

Valuation & ratios

Valuation

as of 03/30/25

See full

Market cap$93.32B-26.6%

Enterprise value$92.34B-27.0%

P/E20×-15.2×

P/S5.4×-3.5×

Profitability

See full

Gross margin48%+1.2pp

Operating margin30.9%+2.8pp

Net margin27.2%+1.8pp

FCF margin22.1%-9.7pp

Returns & leverage

See full

Return on equity53.1%+9.2pp

Debt / equity0.5×-0.1×

Current ratio2.5×-0.4×

Segments

By geography

See full

China$1.5B—

Korea$1.2B—

Taiwan$1.1B—

Japan$474.9M—

United States$189.5M—

By segment

See full

Reportable Segment$4.7B+26.7%

Versus estimates

Revenue

Q3 2026$5.8BBeat by $91.1M Q2 2026$5.3BBeat by $111.6M Q1 2026$5.3BBeat by $101.0M Q4 2025$5.2BBeat by $167.4M

Q3 2025$4.7BBeat by $77.4M

Q2 2025$4.4BBeat by $58.6M

Diluted EPS

Q3 2026$1.47Beat by $0.11 Q2 2026$1.27Beat by $0.10 Q1 2026$1.26Beat by $0.04 Q4 2025$1.33Beat by $0.12

Q3 2025$1.04Beat by $0.04

Q2 2025$0.91Beat by $0.03

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Questions, answered.

When did Lam Research report Q3 2025 earnings?: Lam Research (LRCX) reported Q3 2025 earnings on April 23, 2025 after market close.
What were Lam Research's Q3 2025 revenue and EPS?: Lam Research reported revenue of $4.7B and diluted EPS of $1.04 for Q3 2025.
Did Lam Research beat estimates in Q3 2025?: Revenue beat the consensus estimate of $4.6B by $77.4M. EPS beat the consensus estimate of $1.00 by $0.04.
How did Lam Research's Q3 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 24.4% from $3.8B a year earlier and diluted EPS grew 33.3% from $0.78.
Where can I find Lam Research's Q3 2025 SEC filings?: You can read the 10-Q periodic report (0000707549-25-000054) directly on SEC EDGAR. The filing index links above go to sec.gov.