Operating Cash Flow
Lam Research Operating Cash Flow decreased by 22.9% to $1.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.8%, from $1.31B to $1.14B. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows an upward trend with a 14.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Consistently high operating cash flow indicates a healthy, self-sustaining business capable of funding its own growth and returning capital to shareholders.
Detailed definition
Net cash from operating activities measures the total amount of cash generated by a company's core business operations....
Peer comparison
Investors often compare this to capital expenditures to calculate Free Cash Flow, a primary valuation metric for mature tech giants.
net_cash_from_operatingHistorical Data
| Q2 '21 | Q3 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.44B | $457.52M | $1.44B | $757.71M | $443.93M | $1.19B | $1.14B | $1.73B | $1.12B | $951.16M | $1.45B | $1.38B | $862.43M | $1.57B | $741.94M | $1.31B | $2.55B | $1.78B | $1.48B | $1.14B |
| QoQ Change | — | -68.1% | +214.8% | -47.4% | -41.4% | +168.0% | -4.2% | +51.4% | -35.0% | -15.3% | +52.8% | -4.7% | -37.7% | +81.9% | -52.7% | +76.4% | +95.2% | -30.4% | -16.8% | -22.9% |
| YoY Change | — | — | — | — | -69.1% | +160.0% | -20.8% | +127.8% | +152.9% | -20.0% | +27.5% | -19.8% | -23.2% | +64.9% | -49.0% | -5.5% | +196.2% | +13.4% | +99.5% | -12.8% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Lam Research's operating cash flow?
- Lam Research (LRCX) reported operating cash flow of $1.14B in Q1 2026.
- How has Lam Research's operating cash flow changed year-over-year?
- Lam Research's operating cash flow decreased by 12.8% year-over-year, from $1.31B to $1.14B.
- What is the long-term trend for Lam Research's operating cash flow?
- Over 4 years (2021 to 2025), Lam Research's operating cash flow has grown at a 14.5% compound annual growth rate (CAGR), from $3.59B to $6.17B.
- What does operating cash flow mean?
- The actual amount of cash a company brings in from its day-to-day business activities.