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% quarter-over-quarter from 29.82% in Q4 2025.
Lam Research (LRCX) Net Margin (2009 - 2026) Analysis & Trends
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 for Q1 2026 stood at 31.25%, 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.
- The 5-year median for Net Margin is 26.79% (2024), against an average of 27.17%.
- The sharpest annual moves came in 2023 and 2025: Net Margin plunged 413 bps in 2023, then surged 691 bps in 2025.
- Lam Research's Net Margin stood at 27.83% in 2022, then dropped by 9 bps to 25.39% in 2023, then grew by 7 bps to 27.22% in 2024, then grew by 10 bps to 29.82% in 2025, then rose by 5 bps to 31.25% in 2026.
- Business Quant data shows LRCX's Net Margin at 31.25% in Q1 2026, 29.82% in Q4 2025, and 29.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 33.88% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 35.47% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 37.27% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 28.35% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 8.68% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 10.60% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 17.51% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 9.21% |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 29.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 33.88% |
| 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% |