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

Lam Research (LRCX) posted quarterly FCF Margin of 20.53% for Q1 2026, down 709.0% year-over-year from 3.37% in Q1 2025, and down 23.44% on a QoQ basis from 26.81% in Q4 2025.

Lam Research (LRCX) FCF Margin (2009 - 2026) Analysis & Trends

Lam Research (LRCX) has reported FCF Margin for 18 consecutive years, with 20.53% the latest figure, recorded in 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 came in at 20.53% for Q1 2026 at Lam Research, down from 26.81% in the prior quarter.
  • The five-year high for FCF Margin was 49.52% in Q2 2025, with the low at 6.86% in Q2 2022.
  • Average FCF Margin over 5 years is 26.88%, with a median of 26.81% recorded in 2025.
  • Across the five-year window, FCF Margin plunged 2525 bps in 2022 and jumped 3632 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 21.31% in 2022, then jumped by 62 bps to 34.6% in 2023, then sank by 53 bps to 16.27% in 2024, then jumped by 65 bps to 26.81% in 2025, then declined by 23 bps to 20.53% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 20.53%, 26.81%, and 31.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 2.65%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 20.53%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 18.22%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 20.67%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 0.99%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 17.43%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn -14.04%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 13.16%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn -18.47%
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 2.55%

Historic Data

Download Data
DateValue
Mar 29, 2026 20.53%
Dec 28, 2025 26.81%
Sep 28, 2025 31.61%
Jun 29, 2025 49.52%
Mar 30, 2025 27.62%
Dec 29, 2024 16.27%
Sep 29, 2024 36.38%
Jun 30, 2024 13.20%
Mar 31, 2024 40.38%
Dec 24, 2023 34.60%
Sep 24, 2023 26.21%
Jun 25, 2023 32.55%
Mar 26, 2023 36.13%
Dec 25, 2022 21.31%
Sep 25, 2022 21.88%
Jun 26, 2022 6.86%
Mar 27, 2022 15.08%
Dec 26, 2021 29.14%
Sep 26, 2021 9.09%
Jun 27, 2021 32.12%