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

Lam Research (LRCX) has reported Net Margin for 18 consecutive years, with 31.25% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 31.25%, up 306.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.94% (up 375.0% YoY), and the FY2025 annual result was 29.06%, up 338.0% from the prior year.
• Net Margin advanced to 31.25% in Q1 2026, from 29.82% in the prior quarter.
• Across five years, Net Margin topped out at 33.26% in Q2 2025 and bottomed at 21.04% in Q1 2023.
• Historically, Net Margin has averaged 27.17% across 5 years, with a median of 26.79% in 2024.
• The sharpest annual moves came in 2023 and 2025: Net Margin tumbled 413 bps in 2023, then jumped 691 bps in 2025.
• Over 5 years, Net Margin stood at 27.83% in 2022, then slipped by 9 bps to 25.39% in 2023, then climbed by 7 bps to 27.22% in 2024, then climbed by 10 bps to 29.82% in 2025, then increased by 5 bps to 31.25% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 31.25%, 29.82%, and 29.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.