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.

  • Quarterly Gross Margin rose 81.0% to 49.83% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 49.98% through Mar 2026, up 195.0% year-over-year, with the annual reading at 48.71% for FY2025, 139.0% up from the prior year.
  • Gross Margin was 49.83% for Q1 2026 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.
  • The 5-year median for Gross Margin is 47.46% (2024), against an average of 47.16%.
  • Biggest five-year swings in Gross Margin: plummeted -325bps in 2023 and later soared 597bps in 2024.
  • Tracing LRCX's Gross Margin over 5 years: stood at 45.03% in 2022, then rose by 4bps to 46.76% in 2023, then rose by 1bps to 47.37% in 2024, then increased by 5bps to 49.6% in 2025, then increased by 0bps to 49.83% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 49.83%, 49.6%, and 50.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.