Lam Research Corporation
Lam Research Reports Q4 2025 Financial Results and Provides Q1 2026 Guidance
Summary
Lam Research Corporation reported financial results for the quarter ended December 28, 2025, with U.S. GAAP revenue of $5.34 billion, gross margin of 49.6%, operating income as a percentage of revenue of 33.9%, and diluted EPS of $1.26. Non-GAAP results showed a gross margin of 49.7%, operating income as a percentage of revenue of 34.3%, and diluted EPS of $1.27. For the quarter ending March 29, 2026, Lam provided guidance with U.S. GAAP revenue expected between $5.40 billion and $5.70 billion, gross margin of 49.0% ± 1%, operating income as a percentage of revenue of 33.9% ± 1%, and net income per diluted share of $1.35 ± $0.10.
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About Lam Research Corporation
Lam Research Corporation is a leading supplier of semiconductor processing equipment used in the fabrication of integrated circuits. Renowned for its innovation in wafer fabrication, Lam Research focuses on developing advanced technology solutions that enable critical processes such as plasma etch and deposition, which are essential for manufacturing chips found in a wide range of electronic devices. The company's equipment plays a pivotal role in the production of memory and logic devices, foundational to computing, communications, and consumer electronics sectors. With a global presence, Lam Research collaborates with semiconductor manufacturers to enhance yield and improve performance, ensuring next-generation chip technologies meet the demands of modern applications. As the semiconductor industry continues to expand and evolve, Lam Research remains integral to driving advancements and efficiency improvements in chip production, thereby maintaining its strategic significance within the technology supply chain.
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