earnings
confidence high
sentiment positive
materiality 0.70
Lam Research reports Dec Q revenue $5.34B, GAAP EPS $1.26, non-GAAP $1.27; guides Mar Q rev $5.7B
LAM RESEARCH CORP
2026-Q2 EPS reported
$2.50
revenue$10,668,964,000
- Revenue $5.34B, up 22% YoY ($4.38B); GAAP EPS $1.26 vs $1.24 prior Q; non-GAAP EPS $1.27.
- Gross margin 49.6% GAAP (down 80bps QoQ); operating margin 33.9%.
- Guidance for Mar 2026 Q: rev $5.7B ±$300M, GAAP EPS $1.35 ±$0.10, above Dec Q actual.
- CEO cites record year, AI-driven demand; China 35% of revenue, customer support +12% QoQ.
- Cash & equivalents $6.2B; deferred revenue $2.25B, down from $2.77B prior Q.