Lam Research (LRCX) FCF Margin (2009 - 2026)
Lam Research (LRCX) posted FCF Margin of 18.87% for Q2 2026, up 36.11% on a QoQ basis from 13.86% in Q1 2026, and down 2719.0% year-over-year from 0.72% in Q2 2025.
Analysis
Lam Research (LRCX) FCF Margin (2009 - 2026) Analysis & Trends
Lam Research has reported FCF Margin for 18 years, with the latest figure at 18.87% in Q2 2026.
- On a quarterly basis, FCF Margin fell 2719.0% year-over-year to 18.87% in Q2 2026; TTM through Jun 2026 was 21.05%, a 831.0% decrease from a year earlier, with the FY2026 full-year figure at 21.05%, down 831.0% from the prior year.
- FCF Margin was 18.87% for Q2 2026 at Lam Research, up from 13.86% in the prior quarter.
- The five-year high for FCF Margin was 46.06% in Q2 2025, with the low at 6.86% in Q2 2022.
- Average FCF Margin over 5 years is 25.01%, with a median of 22.22% recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: FCF Margin soared 2645 bps in 2023, then slumped 2719 bps in 2026.
- Over 5 years, FCF Margin stood at 18.51% in 2022, then jumped by 92 bps to 35.62% in 2023, then plunged by 64 bps to 12.65% in 2024, then soared by 80 bps to 22.81% in 2025, then retreated by 17 bps to 18.87% in 2026.
- The last three FCF Margin figures came in at 18.87% (Q2 2026), 13.86% (Q1 2026), and 22.81% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 18.87% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 25.56% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 22.34% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 15.14% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 16.86% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 17.03% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | - |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | -24.40% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 12.39% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 6.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 18.87% |
| Mar 29, 2026 | 13.86% |
| Dec 28, 2025 | 22.81% |
| Sep 28, 2025 | 29.94% |
| Jun 29, 2025 | 46.06% |
| Mar 30, 2025 | 21.62% |
| Dec 29, 2024 | 12.65% |
| Sep 29, 2024 | 34.98% |
| Jun 30, 2024 | 19.67% |
| Mar 31, 2024 | 33.77% |
| Dec 24, 2023 | 35.62% |
| Sep 24, 2023 | 25.10% |
| Jun 25, 2023 | 32.55% |
| Mar 26, 2023 | 41.53% |
| Dec 25, 2022 | 18.51% |
| Sep 25, 2022 | 20.68% |
| Jun 26, 2022 | 6.86% |
| Mar 27, 2022 | 15.08% |
| Dec 26, 2021 | 30.81% |
| Sep 26, 2021 | 7.46% |