Lam Research (LRCX) FCF Margin (2009 - 2026)

Lam Research's FCF Margin history runs 18 years deep, the most recent figure standing at 20.53% for Q1 2026.

• In Q1 2026, FCF Margin fell 709.0% year-over-year to 20.53%; the TTM figure through Mar 2026 stood at 31.71% (up 812.0% YoY), while the FY2025 annual figure was 33.05%, up 450.0% from the prior year.
• FCF Margin was 20.53% for Q1 2026 at Lam Research, down from 26.81% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 49.52% in Q2 2025 to a low of 6.86% in Q2 2022.
• Historically, FCF Margin has averaged 26.88% across 5 years, with a median of 26.81% in 2025.
• The sharpest annual moves came in 2022 and 2025: FCF Margin tumbled 2525 bps in 2022, then jumped 3632 bps in 2025.
• A 5-year view of FCF Margin shows it stood at 21.31% in 2022, then jumped by 62 bps to 34.6% in 2023, then plunged by 53 bps to 16.27% in 2024, then jumped by 65 bps to 26.81% in 2025, then decreased by 23 bps to 20.53% in 2026.
• The last three FCF Margin figures came in at 20.53% (Q1 2026), 26.81% (Q4 2025), and 31.61% (Q3 2025), per Business Quant data.