What is Lam Research's business segments — segment gross margin?

Lam Research (LRCX) reported business segments — segment gross margin of $3.01B in Q1 2026.

How has Lam Research's business segments — segment gross margin changed year-over-year?

Lam Research's business segments — segment gross margin increased by 27.3% year-over-year, from $2.36B to $3.01B.

What is the long-term trend for Lam Research's business segments — segment gross margin?

Over 2 years (2023 to 2025), Lam Research's business segments — segment gross margin has grown at a 6.7% compound annual growth rate (CAGR), from $8.09B to $9.22B.

What does business segments — segment gross margin mean?

The percentage of revenue remaining after subtracting the direct costs of producing goods and services for a segment.

Business Segments · Segment gross margin

Business Segments — Segment gross margin

Lam Research Business Segments — Segment gross margin increased by 9.5% to $3.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 27.3%, from $2.36B to $3.01B. Over 2 years (FY 2023 to FY 2025), Business Segments — Segment gross margin shows an upward trend with a 6.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2023

Last reportedQ3 2026Apr 23, 2026

How to read this metric

An increase indicates stronger pricing power or improved manufacturing efficiency, while a decrease suggests margin compression due to competition or rising costs.

Detailed definition

This represents the profitability of a specific operating segment after accounting for the direct costs of producing its...

Peer comparison

A primary performance metric used by analysts to compare the relative profitability of different business segments across the semiconductor equipment industry.

Metric ID: lrcx_segment_reportable_segment_segment_gross_margin

Historical Data

15 periods

	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	$2.02B	$2.02B	$2.02B	$2.02B	$1.87B	$1.87B	$1.87B	$1.87B	$2.07B	$2.14B	$2.36B	$2.64B	$2.77B	$2.74B	$3.01B
QoQ Change	—	+0.0%	+0.0%	+0.0%	-7.5%	+0.0%	+0.0%	+0.0%	+10.9%	+3.0%	+10.5%	+12.0%	+4.8%	-1.0%	+9.5%
YoY Change	—	—	—	—	-7.5%	-7.5%	-7.5%	-7.5%	+10.9%	+14.2%	+26.2%	+41.4%	+33.6%	+28.5%	+27.3%

Range$1.87B – $3.01B

CAGR+12.0%

Avg YoY Growth+13.8%

Median YoY Growth+14.2%

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Frequently Asked Questions

What is Lam Research's business segments — segment gross margin?: Lam Research (LRCX) reported business segments — segment gross margin of $3.01B in Q1 2026.
How has Lam Research's business segments — segment gross margin changed year-over-year?: Lam Research's business segments — segment gross margin increased by 27.3% year-over-year, from $2.36B to $3.01B.
What is the long-term trend for Lam Research's business segments — segment gross margin?: Over 2 years (2023 to 2025), Lam Research's business segments — segment gross margin has grown at a 6.7% compound annual growth rate (CAGR), from $8.09B to $9.22B.
What does business segments — segment gross margin mean?: The percentage of revenue remaining after subtracting the direct costs of producing goods and services for a segment.