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

Lam Research (LRCX) posted quarterly Net Margin of 31.25% for Q1 2026, up 306.0% year-over-year from 7.7% in Q1 2025, and up 4.78% on a QoQ basis from 29.82% in Q4 2025.

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

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

  • In Q1 2026, Net Margin rose 306.0% year-over-year to 31.25%; the TTM figure through Mar 2026 stood at 30.94% (up 375.0% YoY), while the FY2025 annual figure was 29.06%, up 338.0% from the prior year.
  • Net Margin came in at 31.25% for Q1 2026 at Lam Research, up from 29.82% in the prior quarter.
  • The five-year high for Net Margin was 33.26% in Q2 2025, with the low at 21.04% in Q1 2023.
  • Average Net Margin over 5 years is 27.17%, with a median of 26.79% recorded in 2024.
  • Across the five-year window, Net Margin slumped 413 bps in 2023 and soared 691 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 27.83% in 2022, then decreased by 9 bps to 25.39% in 2023, then advanced by 7 bps to 27.22% in 2024, then advanced by 10 bps to 29.82% in 2025, then grew 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 35.47%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 31.25%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 35.17%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 31.46%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 11.48%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 11.36%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 4.99%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 8.34%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 11.34%
10 Kulicke & Soffa Industries 7.00 Bn 6.51 Bn 119.70 Mn 14.49%

Historic Data

Download Data
DateValue
Mar 29, 2026 31.25%
Dec 28, 2025 29.82%
Sep 28, 2025 29.46%
Jun 29, 2025 33.26%
Mar 30, 2025 28.19%
Dec 29, 2024 27.22%
Sep 29, 2024 26.79%
Jun 30, 2024 26.35%
Mar 31, 2024 25.46%
Dec 24, 2023 25.39%
Sep 24, 2023 25.48%
Jun 25, 2023 25.02%
Mar 26, 2023 21.04%
Dec 25, 2022 27.83%
Sep 25, 2022 28.10%
Jun 26, 2022 26.08%
Mar 27, 2022 25.16%
Dec 26, 2021 28.27%
Sep 26, 2021 27.41%
Jun 27, 2021 27.61%