Lam Research (LRCX) Free Cash Flow (2009 - 2026)
Lam Research's Free Cash Flow came in at $3.24 billion for fiscal Q1 2027 (quarter ended Sep 27, 2026), up 103.3% from $1.59 billion a year earlier and up 155.4% from the prior quarter.
Lam Research (LRCX) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 27, 2026, Lam Research reported Free Cash Flow of $6.54 billion, up 17.8% year-over-year; for FY2026 (ended Jun 28, 2026), it was $4.89 billion, down 9.7% from FY2025.
- Free Cash Flow carries a five-year compound annual growth rate of 8.6% (FY2021 to FY2026).
- Going back by fiscal year, Free Cash Flow was $5.41 billion in FY2025 (+27.2%), $4.26 billion in FY2024 (-9.0%), $4.68 billion in FY2023 (+83.2%) and $2.55 billion in FY2022 (-21.2%).
- The fiscal Q1 2027 figure represents the highest quarterly Free Cash Flow in data going back to fiscal Q1 2010.
- Year-over-year, Free Cash Flow increased in four of the last eight quarters, with growth averaging 37.4%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q2 2022 (growth of 415.5%), and the weakest in fiscal Q4 2022 (a decline of 76.1%).
- Business Quant data shows LRCX's Free Cash Flow at $1.27 billion (Q4 2026), $809.82 million (Q3 2026) and $1.22 billion (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 21.40 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 24.78 Bn |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 13.67 Bn |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 32.86 Bn |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 2.33 Bn |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 3.24 Bn |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 2.96 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 3.24 Bn |
| 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 |
Lam Research Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LRCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "LRCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();