Lam Research LRCX
NASDAQ LRCX
$298.24 +0.23 (+0.08%)
As of: Sep 11, 2026 · 3:59 PM EDT

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

Lam Research (LRCX) posted Net Income of $2.3 billion for Q2 2026, up 24.75% on a QoQ basis from $1.8 billion in Q1 2026, and up 32.39% year-over-year from $1.7 billion in Q2 2025.

Analysis

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

Lam Research has reported Net Income for 18 years, with the latest figure at $2.3 billion in Q2 2026.

  • On a quarterly basis, Net Income rose 32.39% year-over-year to $2.3 billion in Q2 2026; TTM through Jun 2026 was $7.3 billion, a 35.59% increase from a year earlier, with the FY2026 full-year figure at $7.3 billion, up 35.59% from the prior year.
  • Net Income was $2.3 billion for Q2 2026 at Lam Research, up from $1.8 billion in the prior quarter.
  • The five-year high for Net Income was $2.3 billion in Q2 2026, with the low at $802.5 million in Q2 2023.
  • Average Net Income over 5 years is $1.3 billion, with a median of $1.2 billion recorded in 2022.
  • The sharpest annual moves came in 2023 and 2025: Net Income sank 37.76% in 2023, then soared 68.59% in 2025.
  • Over 5 years, Net Income stood at $1.5 billion in 2022, then plunged by 35.02% to $954.3 million in 2023, then climbed by 24.81% to $1.2 billion in 2024, then surged by 33.83% to $1.6 billion in 2025, then jumped by 42.87% to $2.3 billion in 2026.
  • The last three Net Income figures came in at $2.3 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.6 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Lam Research 374.58 Bn 369.00 Bn 3.48 Bn 2.28 Bn
2 Applied Materials 362.85 Bn 353.62 Bn 4.59 Bn 2.54 Bn
3 Kla 237.04 Bn 235.39 Bn 2.24 Bn 1.36 Bn
4 Mks 18.07 Bn 17.46 Bn 595.00 Mn 175.00 Mn
5 Onto Innovation 13.82 Bn 11.94 Bn 183.25 Mn 60.10 Mn
6 Nova 11.15 Bn 10.53 Bn 144.16 Mn 75.01 Mn
7 Camtek 6.80 Bn 6.49 Bn 66.70 Mn 45.10 Mn
8 ACM Research 4.89 Bn 3.55 Bn 134.62 Mn 122.25 Mn
9 Kulicke & Soffa Industries 4.50 Bn 3.98 Bn 157.95 Mn 57.42 Mn
10 Axcelis Technologies 3.52 Bn 3.12 Bn 91.19 Mn 23.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 2.28 Bn
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