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

Lam Research's Gross Margin history runs 18 years deep, the most recent figure standing at 49.83% for 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 for Q1 2026 stood at 49.83%, 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.
• The 5-year median for Gross Margin is 47.46% (2024), against an average of 47.16%.
• The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 325 bps in 2023, then jumped 597 bps in 2024.
• Lam Research's Gross Margin stood at 45.03% in 2022, then advanced by 4 bps to 46.76% in 2023, then increased by 1 bps to 47.37% in 2024, then grew by 5 bps to 49.6% in 2025, then grew by 0 bps to 49.83% in 2026.
• Business Quant data shows LRCX's Gross Margin at 49.83% in Q1 2026, 49.6% in Q4 2025, and 50.43% in Q3 2025.