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

Lam Research's FCF Margin history runs 18 years deep, the most recent figure standing at 8.67% for Q1 2026.

• In Q1 2026, FCF Margin fell 2354.0% year-over-year to 8.67%; the TTM figure through Mar 2026 stood at 25.39% (down 16.0% YoY), while the FY2025 annual figure was 29.37%, down 144.0% from the prior year.
• FCF Margin for Q1 2026 stood at 8.67%, down from 26.81% in the prior quarter.
• The five-year high for FCF Margin was 41.53% in Q1 2023, with the low at 8.67% in Q1 2026.
• The 5-year median for FCF Margin is 26.81% (2025), against an average of 26.57%.
• The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 2645 bps in 2023, then tumbled 2538 bps in 2024.
• Lam Research's FCF Margin stood at 18.51% in 2022, then surged by 105 bps to 38.03% in 2023, then slumped by 67 bps to 12.65% in 2024, then jumped by 112 bps to 26.81% in 2025, then slumped by 68 bps to 8.67% in 2026.
• Business Quant data shows LRCX's FCF Margin at 8.67% in Q1 2026, 26.81% in Q4 2025, and 31.61% in Q3 2025.