Income StatementBalance SheetCash FlowSegments
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Lam Research Business Segments

Business, geographic, and product segment breakdowns

Lam Research generates $21.7B in annual revenue across 2 key segments: Customer support-related revenue and other ($7.6B), and Systems revenue ($14.1B). The company-wide operating margin is 34.26%. Based on the Q1 2026 filing.

Customer support-related revenue and other (TTM)$7.6BSystems revenue (TTM)$14.1B
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$381.86B
P/E Ratio56.92
ROE66.76%

Products & Services

Revenue

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Systems revenue$2.6B$3.0B$3.4B$3.5B$3.4B$3.7B
Customer support-related revenue and other$1.8B$1.7B$1.7B$1.8B$2.0B$2.1B

Concentration

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Foundry35.0%48.0%3.0%60.0%59.0%54.0%
Memory50.0%43.0%—34.0%—39.0%
Logic/integrated device manufacturing15.0%9.0%—6.0%7.0%7.0%

Geographic

Valuation allowance for deferred tax assets

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
California——$424.3M———

Long-Lived Assets

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
China——$8.6M———
Europe——$134.7M———
Japan——$8.6M———
Korea——$299.5M———
Southeast Asia——$451.3M———
Taiwan——$96.5M———
United States——$1.7B———

Revenue

SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
China$1.3B$1.5B$1.8B$2.3B$1.9B$2.0B
Korea$1.1B$1.2B$1.1B$776.3M$1.1B$1.4B
Taiwan$737.7M$1.1B$966.2M$1.0B$1.1B$1.3B
Japan$363.3M$474.9M$741.3M$529.3M$548.3M$470.7M
United States$413.3M$189.5M$285.7M$304.7M$254.6M$355.3M
Southeast Asia$287.3M$178.3M$126.8M$302.3M$413.9M$207.8M
Europe$141.4M$133.7M$89.9M$101.8M$139.8M$140.9M

Business Segments

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Revenue$4.4B$4.7B$5.2B$5.3B$5.3B$5.8B
Segment gross margin$2.1B$2.4B$2.6B$2.8B$2.7B$3.0B
Segment Reporting, Cost of Product and Service Sold$2.2B$2.4B$2.5B$2.6B$2.6B$2.8B
Other cost of goods sold (COGS)$2.1B$2.2B$2.4B$2.4B$2.5B$2.7B
Installation and warranty expense$124.4M$135.2M$159.9M$141.5M$140.3M$164.3M