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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |