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

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

Lam Research (LRCX) posted Operating Income of $2.5 billion for Q2 2026, up 22.79% on a QoQ basis from $2.0 billion in Q1 2026, and up 44.36% year-over-year from $1.7 billion in Q2 2025.

Analysis

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

Lam Research has reported Operating Income for 18 years, with the latest figure at $2.5 billion in Q2 2026.

  • On a quarterly basis, Operating Income rose 44.36% year-over-year to $2.5 billion in Q2 2026; TTM through Jun 2026 was $8.2 billion, a 38.96% increase from a year earlier, with the FY2026 full-year figure at $8.2 billion, up 38.96% from the prior year.
  • Operating Income was $2.5 billion for Q2 2026 at Lam Research, up from $2.0 billion in the prior quarter.
  • The five-year high for Operating Income was $2.5 billion in Q2 2026, with the low at $854.6 million in Q2 2023.
  • Average Operating Income over 5 years is $1.5 billion, with a median of $1.4 billion recorded in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Income tumbled 42.23% in 2023, then soared 54.55% in 2025.
  • Over 5 years, Operating Income stood at $1.7 billion in 2022, then sank by 37.08% to $1.1 billion in 2023, then climbed by 26.17% to $1.3 billion in 2024, then jumped by 35.71% to $1.8 billion in 2025, then jumped by 38.85% to $2.5 billion in 2026.
  • The last three Operating Income figures came in at $2.5 billion (Q2 2026), $2.0 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Lam Research 374.58 Bn 369.00 Bn 3.48 Bn 2.51 Bn
2 Applied Materials 362.85 Bn 353.62 Bn 4.59 Bn 3.08 Bn
3 Kla 237.04 Bn 235.39 Bn 2.24 Bn 1.55 Bn
4 Mks 18.07 Bn 17.46 Bn 595.00 Mn 251.00 Mn
5 Onto Innovation 13.82 Bn 11.94 Bn 183.25 Mn 63.55 Mn
6 Nova 11.15 Bn 10.53 Bn 144.16 Mn 76.19 Mn
7 Camtek 6.80 Bn 6.49 Bn 66.70 Mn 27.23 Mn
8 ACM Research 4.89 Bn 3.55 Bn 134.62 Mn 49.74 Mn
9 Kulicke & Soffa Industries 4.50 Bn 3.98 Bn 157.95 Mn 68.27 Mn
10 Axcelis Technologies 3.52 Bn 3.12 Bn 91.19 Mn 20.28 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 2.51 Bn
Mar 29, 2026 2.05 Bn
Dec 28, 2025 1.81 Bn
Sep 28, 2025 1.83 Bn
Jun 29, 2025 1.74 Bn
Mar 30, 2025 1.56 Bn
Dec 29, 2024 1.33 Bn
Sep 29, 2024 1.26 Bn
Jun 30, 2024 1.13 Bn
Mar 31, 2024 1.06 Bn
Dec 24, 2023 1.06 Bn
Sep 24, 2023 1.02 Bn
Jun 25, 2023 854.61 Mn
Mar 26, 2023 942.25 Mn
Dec 25, 2022 1.68 Bn
Sep 25, 2022 1.70 Bn
Jun 26, 2022 1.48 Bn
Mar 27, 2022 1.19 Bn
Dec 26, 2021 1.34 Bn
Sep 26, 2021 1.37 Bn