Lam Research (LRCX) Gross Margin (2009 - 2026)

Lam Research (LRCX) has reported Gross Margin for 18 consecutive years, with 49.83% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 81.0% year-over-year to 49.83%; the TTM figure through Mar 2026 stood at 49.98% (up 195.0% YoY), while the FY2025 annual figure was 48.71%, up 139.0% from the prior year.
• Gross Margin came in at 49.83% for Q1 2026 at Lam Research, roughly flat from 49.6% in the prior quarter.
• The five-year high for Gross Margin was 50.43% in Q3 2025, with the low at 41.49% in Q1 2023.
• Average Gross Margin over 5 years is 47.16%, with a median of 47.46% recorded in 2024.
• Across the five-year window, Gross Margin plunged 325 bps in 2023 and surged 597 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 45.03% in 2022, then rose by 4 bps to 46.76% in 2023, then climbed by 1 bps to 47.37% in 2024, then advanced by 5 bps to 49.6% in 2025, then advanced by 0 bps to 49.83% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 49.83%, 49.6%, and 50.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.