earnings
confidence high
sentiment positive
materiality 0.75
Lam Research Q1 FY2026 revenue $5.32B, GAAP EPS $1.24, Dec Qtr guide rev $5.2B, EPS $1.15
LAM RESEARCH CORP
2026-Q1 EPS reported
$1.24
revenue$5,324,173,000
- Revenue $5.32B (+3% QoQ); GAAP gross margin 50.4%, GAAP operating income 34.4%, GAAP diluted EPS $1.24.
- Non-GAAP gross margin 50.6%, non-GAAP operating income 35.0%, non-GAAP diluted EPS $1.26.
- China 43% of revenue; systems revenue $3.55B, customer support revenue $1.78B.
- Cash & equivalents $6.7B; deferred revenue $2.77B at quarter end.
- Dec 2025 quarter guidance: revenue $5.2B ±$300M, non-GAAP diluted EPS $1.15 ±$0.10.