Lam Research (LRCX) Free Cash Flow (2009 - 2026)

Lam Research (LRCX) posted quarterly Free Cash Flow of $506.4 million for Q1 2026, down 66.69% on a YoY basis from $1.5 billion in Q1 2025, and down 64.67% 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 $506.4 million the latest figure, recorded in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $506.4 million, down 66.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.5 billion (up 25.73% YoY), and the FY2025 annual result was $5.4 billion, up 17.92% from the prior year.
  • Free Cash Flow declined to $506.4 million in Q1 2026, from $1.4 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $1.9 billion in Q2 2025 and bottomed at $506.4 million in Q1 2026.
  • Historically, Free Cash Flow has averaged $1.2 billion across 5 years, with a median of $1.0 billion in 2022.
  • The sharpest annual moves came in 2022 and 2026: Free Cash Flow surged 226.86% in 2022, then tumbled 66.69% in 2026.
  • Over 5 years, Free Cash Flow stood at $976.8 million in 2022, then soared by 46.33% to $1.4 billion in 2023, then tumbled by 61.27% to $553.6 million in 2024, then surged by 158.89% to $1.4 billion in 2025, then slumped by 64.67% to $506.4 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $506.4 million, $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) Free Cash Flow (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn -
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 210.00 Mn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 506.41 Mn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 622.26 Mn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 259.70 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 13.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 164.40 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 22.74 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn -70.30 Mn
10 Formfactor 8.32 Bn 8.14 Bn 86.79 Mn 29.77 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 506.41 Mn
Mar 29, 2026 506.41 Mn
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 1.88 Bn
Jun 29, 2025 1.88 Bn
Mar 30, 2025 1.52 Bn
Mar 30, 2025 1.52 Bn
Dec 29, 2024 553.59 Mn
Dec 29, 2024 553.59 Mn
Sep 29, 2024 1.46 Bn
Sep 29, 2024 1.46 Bn
Jun 30, 2024 846.73 Mn
Jun 30, 2024 846.73 Mn
Mar 31, 2024 1.40 Bn
Mar 31, 2024 1.40 Bn
Dec 24, 2023 1.43 Bn
Dec 24, 2023 1.43 Bn