Information Technology · Semiconductor Materials & Equipment
Lam Research: revenue, profit and dividends
In fiscal 2026, Lam Research had revenue of $23.2B, up 14.7% a year on average since 2016, and net income of $7.27B (31.3% of revenue). Its dividend per share has gone up 12 years in a row, to $1.04. It has 28% fewer shares than in 2016.
Revenue, fiscal 2026
average annual revenue growth since 2016 · +26.0% vs 2025
- Ticker
- LRCX · Nasdaq
- Sector
- Information Technology
- Sub-industry
- Semiconductor Materials & Equipment
- Headquarters
- Fremont, California
- Founded
- 1980
- In the S&P 500 since
- June 29, 2012
- Latest fiscal year
- 2026, ended June 28, 2026
- SEC filer
- Lam Research Corp · CIK 0000707549
Revenue and net income
Revenue went from $1.12B in 2009 to $23.2B in 2026. Net loss in 2009.
Diluted earnings per share
Diluted EPS went from −$0.24 in 2009 to $5.76 in 2026. Ten-year growth: 27.1% a year.
Dividends per share
Raised 12 years in a row, every year from 2015 to 2026. Ten-year growth: 24.1% a year.
Shares outstanding
28.0% fewer shares in 2026 than in 2016 (1.75B → 1.26B): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $4.89B in 2026, 21.1% of revenue. Negative in 2009.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $23.2B | $7.27B | 31.3% | $5.76 | $1.04 | 1.26B | $5.86B | $966M | $4.89B |
| 2025 | $18.4B | $5.36B | 29.1% | $4.15 | $0.92 | 1.29B | $6.17B | $759M | $5.41B |
| 2024 | $14.9B | $3.83B | 25.7% | $2.90 | $0.80 | 1.32B | $4.65B | $397M | $4.26B |
| 2023 | $17.4B | $4.51B | 25.9% | $3.32 | $0.69 | 1.36B | $5.18B | $502M | $4.68B |
| 2022 | $17.2B | $4.61B | 26.7% | $3.27 | $0.60 | 1.41B | $3.1B | $546M | $2.55B |
| 2021 | $14.6B | $3.91B | 26.7% | $2.69 | $0.52 | 1.45B | $3.59B | $349M | $3.24B |
| 2020 | $10B | $2.25B | 22.4% | $1.51 | $0.46 | 1.49B | $2.13B | $203M | $1.92B |
| 2019 | $9.65B | $2.19B | 22.7% | $1.37 | $0.44 | 1.6B | $3.18B | $303M | $2.87B |
| 2018 | $11.1B | $2.38B | 21.5% | $1.32 | $0.26 | 1.81B | $2.66B | $273M | $2.38B |
| 2017 | $8.01B | $1.7B | 21.2% | $0.92 | $0.17 | 1.84B | $2.03B | $157M | $1.87B |
| 2016 | $5.89B | $914M | 15.5% | $0.52 | $0.12 | 1.75B | $1.35B | $175M | $1.17B |
| 2015 | $5.26B | $656M | 12.5% | $0.37 | $0.08 | 1.77B | $786M | $198M | $587M |
| 2014 | $4.61B | $632M | 13.7% | $0.36 | $0.02 | 1.75B | $717M | $146M | $572M |
| 2013 | $3.6B | $114M | 3.2% | $0.07 | — | 1.73B | $720M | $161M | $559M |
| 2012 | $2.67B | $169M | 6.3% | $0.14 | — | 1.25B | $499M | $107M | $392M |
| 2011 | $3.24B | $724M | 22.4% | $0.58 | — | 1.25B | $881M | $127M | $754M |
| 2010 | $2.13B | $347M | 16.2% | $0.27 | — | 1.28B | $351M | $35.6M | $315M |
| 2009 | $1.12B | −$302M | −27.1% | −$0.24 | — | 1.26B | −$78.1M | $44.3M | −$122M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 10-for-1 split · first reflected in a filing of October 28, 2024
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Semiconductor Materials & Equipment companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.