Lam Research (LRCX) Free Cash Flow (2009 - 2026)
Lam Research (LRCX) posted Free Cash Flow of $1.3 billion for Q2 2026, up 56.63% on a QoQ basis from $809.8 million in Q1 2026, and down 46.75% year-over-year from $2.4 billion in Q2 2025.
Analysis
Lam Research (LRCX) Free Cash Flow (2009 - 2026) Analysis & Trends
Lam Research has reported Free Cash Flow for 18 years, with the latest figure at $1.3 billion in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 46.75% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $4.9 billion, a 9.66% decrease from a year earlier, with the FY2026 full-year figure at $4.9 billion, down 9.66% from the prior year.
- Free Cash Flow was $1.3 billion for Q2 2026 at Lam Research, up from $809.8 million in the prior quarter.
- The five-year high for Free Cash Flow was $2.4 billion in Q2 2025, with the low at $318.2 million in Q2 2022.
- Average Free Cash Flow over 5 years is $1.1 billion, with a median of $1.0 billion recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow plunged 76.1% in 2022, then jumped 228.13% in 2023.
- Over 5 years, Free Cash Flow stood at $976.8 million in 2022, then soared by 37.03% to $1.3 billion in 2023, then plunged by 58.64% to $553.6 million in 2024, then soared by 120.23% to $1.2 billion in 2025, then climbed by 4.04% to $1.3 billion in 2026.
- The last three Free Cash Flow figures came in at $1.3 billion (Q2 2026), $809.8 million (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 1.27 Bn |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 2.33 Bn |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 817.14 Mn |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 189.00 Mn |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 57.85 Mn |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 43.41 Mn |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | - |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | -71.47 Mn |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 40.94 Mn |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 14.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 1.27 Bn |
| Mar 29, 2026 | 809.82 Mn |
| Dec 28, 2025 | 1.22 Bn |
| Sep 28, 2025 | 1.59 Bn |
| Jun 29, 2025 | 2.38 Bn |
| Mar 30, 2025 | 1.02 Bn |
| Dec 29, 2024 | 553.59 Mn |
| Sep 29, 2024 | 1.46 Bn |
| Jun 30, 2024 | 761.68 Mn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 24, 2023 | 1.34 Bn |
| Sep 24, 2023 | 874.17 Mn |
| Jun 25, 2023 | 1.04 Bn |
| Mar 26, 2023 | 1.61 Bn |
| Dec 25, 2022 | 976.81 Mn |
| Sep 25, 2022 | 1.05 Bn |
| Jun 26, 2022 | 318.19 Mn |
| Mar 27, 2022 | 612.34 Mn |
| Dec 26, 2021 | 1.30 Bn |
| Sep 26, 2021 | 321.10 Mn |