Lam Research (LRCX) Net Income (2009 - 2026)

Lam Research (LRCX) posted quarterly Net Income of $1.8 billion for Q1 2026, up 37.18% year-over-year from $1.3 billion in Q1 2025, and up 14.52% on a QoQ basis from $1.6 billion in Q4 2025.

Lam Research (LRCX) Net Income (2009 - 2026) Analysis & Trends

Lam Research (LRCX) has reported Net Income for 18 consecutive years, with $1.8 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Income rose 37.18% year-over-year to $1.8 billion; the TTM figure through Mar 2026 stood at $6.7 billion (up 44.0% YoY), while the FY2025 annual figure was $5.4 billion, up 39.98% from the prior year.
  • Net Income came in at $1.8 billion for Q1 2026 at Lam Research, up from $1.6 billion in the prior quarter.
  • The five-year high for Net Income was $1.8 billion in Q1 2026, with the low at $802.5 million in Q2 2023.
  • Average Net Income over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2024.
  • Across the five-year window, Net Income tumbled 37.76% in 2023 and surged 68.59% in 2025, its largest moves.
  • Year by year, Net Income stood at $1.5 billion in 2022, then slumped by 35.02% to $954.3 million in 2023, then increased by 24.81% to $1.2 billion in 2024, then jumped by 33.83% to $1.6 billion in 2025, then climbed by 14.52% to $1.8 billion in 2026.
  • According to Business Quant data, Net Income over the past three periods registered $1.8 billion, $1.6 billion, and $1.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 2.81 Bn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 1.83 Bn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 1.20 Bn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 403.52 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 162.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 92.20 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 84.01 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 18.87 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 26.24 Mn
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 35.15 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 1.83 Bn
Dec 28, 2025 1.59 Bn
Sep 28, 2025 1.57 Bn
Jun 29, 2025 1.72 Bn
Mar 30, 2025 1.33 Bn
Dec 29, 2024 1.19 Bn
Sep 29, 2024 1.12 Bn
Jun 30, 2024 1.02 Bn
Mar 31, 2024 965.83 Mn
Dec 24, 2023 954.27 Mn
Sep 24, 2023 887.40 Mn
Jun 25, 2023 802.54 Mn
Mar 26, 2023 814.01 Mn
Dec 25, 2022 1.47 Bn
Sep 25, 2022 1.43 Bn
Jun 26, 2022 1.21 Bn
Mar 27, 2022 1.02 Bn
Dec 26, 2021 1.19 Bn
Sep 26, 2021 1.18 Bn
Jun 27, 2021 1.14 Bn