Income Before Tax
Pre-Tax Income
Lam Research Pre-Tax Income increased by 9.5% to $2.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.9%, from $1.54B to $2.01B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 8.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2026Apr 23, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.31B | $1.34B | $1.36B | $1.13B | $1.36B | $1.65B | $1.65B | $938.92M | $863.62M | $1.03B | $1.09B | $1.09B | $1.15B | $1.29B | $1.35B | $1.54B | $1.78B | $1.86B | $1.84B | $2.01B |
| QoQ Change | — | +2.6% | +0.9% | -16.3% | +19.8% | +21.8% | -0.2% | -43.2% | -8.0% | +18.8% | +6.0% | +0.6% | +5.6% | +12.1% | +4.2% | +14.0% | +15.8% | +4.5% | -1.2% | +9.5% |
| YoY Change | — | — | — | — | +3.8% | +23.2% | +21.8% | -17.3% | -36.4% | -38.0% | -34.2% | +16.4% | +33.7% | +26.2% | +24.0% | +40.6% | +54.1% | +43.6% | +36.2% | +30.9% |
Range$863.62M – $2.01B
CAGR+9.5%
Avg YoY Growth+14.3%
Median YoY Growth+23.6%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Lam Research's pre-tax income?
- Lam Research (LRCX) reported pre-tax income of $2.01B in Q1 2026.
- How has Lam Research's pre-tax income changed year-over-year?
- Lam Research's pre-tax income increased by 30.9% year-over-year, from $1.54B to $2.01B.
- What is the long-term trend for Lam Research's pre-tax income?
- Over 4 years (2021 to 2025), Lam Research's pre-tax income has grown at a 8.1% compound annual growth rate (CAGR), from $4.37B to $5.96B.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.