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

Lam Research (LRCX) has reported FCF Margin for 18 consecutive years, with 8.67% the latest figure, recorded in Q1 2026.

• FCF Margin for Q1 2026 came in at 8.67%, down 2354.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.39% (down 16.0% YoY), and the FY2025 annual result was 29.37%, down 144.0% from the prior year.
• FCF Margin declined to 8.67% in Q1 2026, from 26.81% in the prior quarter.
• Across five years, FCF Margin topped out at 41.53% in Q1 2023 and bottomed at 8.67% in Q1 2026.
• Historically, FCF Margin has averaged 26.57% across 5 years, with a median of 26.81% in 2025.
• The sharpest annual moves came in 2023 and 2024: FCF Margin soared 2645 bps in 2023, then slumped 2538 bps in 2024.
• Over 5 years, FCF Margin stood at 18.51% in 2022, then jumped by 105 bps to 38.03% in 2023, then sank by 67 bps to 12.65% in 2024, then soared by 112 bps to 26.81% in 2025, then sank by 68 bps to 8.67% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 8.67%, 26.81%, and 31.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.