What is Lam Research's total revenue?

Lam Research (LRCX) reported total revenue of $5.84B in Q1 2026.

How has Lam Research's total revenue changed year-over-year?

Lam Research's total revenue increased by 23.8% year-over-year, from $4.72B to $5.84B.

What is the long-term trend for Lam Research's total revenue?

Over 4 years (2021 to 2025), Lam Research's total revenue has grown at a 6.0% compound annual growth rate (CAGR), from $14.63B to $18.44B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Lam Research LRCX Total Revenue

Total Revenue at other companies

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$7.91B+11.4%

Veeco InstrumentsVECO

$158.34M-5.4%

KLA CorporationKLAC

$3.42B+11.5%

Axcelis TechnologiesACLS

$198.96M+3.3%

Ichor HoldingsICHR

$256.07M+4.7%

ACM ResearchACMR

$231.26M+34.2%

Segments

By geography

See full

China$1.47B—

Korea$1.15B—

Taiwan$1.13B—

Japan$474.94M—

United States$189.51M—

By segment

See full

Reportable Segment$5.84B+23.8%

Other financials

Income statement

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Gross profit$2.9B+25.8%

Operating income$2.0B+31.1%

Net income$1.8B+37.2%

EPS (diluted)$1.45+40.8%

Balance sheet

See full

Cash & equivalents$4.8B-12.7%

Total debt$3.7B-16.7%

Total equity$10.6B+11.3%

Total assets$20.8B+4.1%

Cash flow

See full

Operating cash flow$1.1B-12.8%

CapEx$331.6M+15.1%

Free cash flow$809.8M-20.7%

Valuation

See full

Market cap$502.5B+334%

Enterprise value$501.47B+337%

P/E74.9×+50.1×

P/S23.2×+16.4×

Profitability

See full

Gross margin50%+2.0pp

Operating margin34.3%+3.4pp

Net margin30.9%+3.8pp

FCF margin27.7%+5.6pp

Returns & leverage

See full

Return on equity66.8%+13.6pp

Debt / equity0.4×-0.1×

Current ratio2.5×+0.1×

Where this comes from

Reported directly by Lam Research in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Lam Research’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lam Research's total revenue?: Lam Research (LRCX) reported total revenue of $5.84B in Q1 2026.
How has Lam Research's total revenue changed year-over-year?: Lam Research's total revenue increased by 23.8% year-over-year, from $4.72B to $5.84B.
What is the long-term trend for Lam Research's total revenue?: Over 4 years (2021 to 2025), Lam Research's total revenue has grown at a 6.0% compound annual growth rate (CAGR), from $14.63B to $18.44B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.