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

Lam Research's Net Margin history runs 18 years deep, the most recent figure standing at 31.25% for 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 was 31.25% for Q1 2026 at Lam Research, up from 29.82% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 33.26% in Q2 2025 to a low of 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 sank 413 bps in 2023, then soared 691 bps in 2025.
• A 5-year view of Net Margin shows it stood at 27.83% in 2022, then declined by 9 bps to 25.39% in 2023, then increased by 7 bps to 27.22% in 2024, then increased by 10 bps to 29.82% in 2025, then gained by 5 bps to 31.25% in 2026.
• The last three Net Margin figures came in at 31.25% (Q1 2026), 29.82% (Q4 2025), and 29.46% (Q3 2025), per Business Quant data.