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

Lam Research has reported Gross Margin for 18 years, with the latest figure at 51.75% in Q2 2026.

• On a quarterly basis, Gross Margin rose 167.0% year-over-year to 51.75% in Q2 2026; TTM through Jun 2026 was 50.47%, a 176.0% increase from a year earlier, with the FY2026 full-year figure at 50.47%, up 176.0% from the prior year.
• Gross Margin was 51.75% for Q2 2026 at Lam Research, up from 49.83% in the prior quarter.
• The five-year high for Gross Margin was 51.75% in Q2 2026, with the low at 41.49% in Q1 2023.
• Average Gross Margin over 5 years is 47.42%, with a median of 47.49% recorded in 2023.
• The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 325 bps in 2023, then soared 597 bps in 2024.
• Over 5 years, Gross Margin stood at 45.03% in 2022, then grew by 4 bps to 46.76% in 2023, then gained by 1 bps to 47.37% in 2024, then rose by 5 bps to 49.6% in 2025, then advanced by 4 bps to 51.75% in 2026.
• The last three Gross Margin figures came in at 51.75% (Q2 2026), 49.83% (Q1 2026), and 49.6% (Q4 2025), per Business Quant data.