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| Date | Value |
|---|---|
| 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% |