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

Lam Research (LRCX) has reported Operating Income for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q1 2026.

• Operating Income for Q1 2026 came in at $2.0 billion, up 31.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.4 billion (up 40.5% YoY), and the FY2025 annual result was $5.9 billion, up 38.39% from the prior year.
• Operating Income improved to $2.0 billion in Q1 2026, from $1.8 billion in the prior quarter.
• Across five years, Operating Income topped out at $2.0 billion in Q1 2026 and bottomed at $854.6 million in Q2 2023.
• Historically, Operating Income has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2024.
• The sharpest annual moves came in 2023 and 2025: Operating Income slumped 42.23% in 2023, then soared 54.55% in 2025.
• Over 5 years, Operating Income stood at $1.7 billion in 2022, then plunged by 37.08% to $1.1 billion in 2023, then rose by 26.17% to $1.3 billion in 2024, then jumped by 35.71% to $1.8 billion in 2025, then gained by 13.08% to $2.0 billion in 2026.
• According to Business Quant data, Operating Income over the past three periods registered $2.0 billion, $1.8 billion, and $1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.