Lam Research (LRCX) Free Cash Flow (2009 - 2026)
Lam Research (LRCX) posted quarterly Free Cash Flow of $1.2 billion for Q1 2026, down 8.0% year-over-year from $1.3 billion in Q1 2025, and down 16.32% on a QoQ basis from $1.4 billion in Q4 2025.
Lam Research (LRCX) Free Cash Flow (2009 - 2026) Analysis & Trends
Lam Research (LRCX) has reported Free Cash Flow for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow fell 8.0% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $6.9 billion (up 70.1% YoY), while the FY2025 annual figure was $6.1 billion, up 43.16% from the prior year.
- Free Cash Flow came in at $1.2 billion for Q1 2026 at Lam Research, down from $1.4 billion in the prior quarter.
- The five-year high for Free Cash Flow was $2.6 billion in Q2 2025, with the low at $318.2 million in Q2 2022.
- Average Free Cash Flow over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2026.
- Across the five-year window, Free Cash Flow slumped 76.1% in 2022 and soared 401.23% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $1.1 billion in 2022, then rose by 15.59% to $1.3 billion in 2023, then plunged by 45.24% to $712.0 million in 2024, then jumped by 101.29% to $1.4 billion in 2025, then fell by 16.32% to $1.2 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.2 billion, $1.4 billion, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 210.00 Mn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 1.20 Bn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 622.26 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 265.12 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 13.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 141.50 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | -236.55 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 29.77 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | -42.72 Mn |
| 10 | Kulicke & Soffa Industries | 7.00 Bn | 6.51 Bn | 119.70 Mn | 6.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 1.20 Bn |
| Mar 29, 2026 | 1.20 Bn |
| Dec 28, 2025 | 1.43 Bn |
| Dec 28, 2025 | 1.43 Bn |
| Sep 28, 2025 | 1.68 Bn |
| Sep 28, 2025 | 1.68 Bn |
| Jun 29, 2025 | 2.56 Bn |
| Jun 29, 2025 | 2.56 Bn |
| Mar 30, 2025 | 1.30 Bn |
| Mar 30, 2025 | 1.30 Bn |
| Dec 29, 2024 | 711.99 Mn |
| Dec 29, 2024 | 711.99 Mn |
| Sep 29, 2024 | 1.52 Bn |
| Sep 29, 2024 | 1.52 Bn |
| Jun 30, 2024 | 510.88 Mn |
| Jun 30, 2024 | 510.88 Mn |
| Mar 31, 2024 | 1.53 Bn |
| Mar 31, 2024 | 1.53 Bn |
| Dec 24, 2023 | 1.30 Bn |
| Dec 24, 2023 | 1.30 Bn |