Growth Metrics

Lam Research (LRCX) Gross Margin (2016 - 2026)

Lam Research has reported Gross Margin over the past 18 years, most recently at 49.83% for Q1 2026.

  • For Q1 2026, Gross Margin rose 81.0% year-over-year to 49.83%; the TTM value through Mar 2026 reached 49.98%, up 195.0%, while the annual FY2025 figure was 48.71%, 139.0% up from the prior year.
  • Gross Margin for Q1 2026 was 49.83% at Lam Research, roughly flat from 49.6% in the prior quarter.
  • Over five years, Gross Margin peaked at 50.43% in Q3 2025 and troughed at 41.49% in Q1 2023.
  • A 5-year average of 47.16% and a median of 47.46% in 2024 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: crashed -325bps in 2023 and later surged 597bps in 2024.
  • Year by year, Gross Margin stood at 45.03% in 2022, then increased by 4bps to 46.76% in 2023, then increased by 1bps to 47.37% in 2024, then grew by 5bps to 49.6% in 2025, then grew by 0bps to 49.83% in 2026.
  • Business Quant data shows Gross Margin for LRCX at 49.83% in Q1 2026, 49.6% in Q4 2025, and 50.43% in Q3 2025.