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The financials
Lam Research by the numbers
Lam Research (LRCX) reported revenue of $6.72B in Q4 2026 (quarter ended Jun 28, 2026), up 30% from the same quarter a year earlier. That came with a gross margin of 52% and net income of $2.28B (34% of revenue). For the full year FY2026, revenue was $23.2B (+26% year on year) and net income $7.27B. Its largest region in Q4 2026 was Taiwan at $1.81B, 28% of the disclosed total, just ahead of China at 27%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $6.72B | $5.17B | +30% |
| Gross profit | $3.48B | $2.59B | +34% |
| Operating income | $2.51B | $1.74B | +44% |
| Net income | $2.28B | $1.72B | +32% |
| Diluted EPS | $1.81 | $1.34 | +35% |
| Geographic | Revenue | Share |
|---|---|---|
| Taiwan | $1.81B | 28% |
| China | $1.72B | 27% |
| South Korea | $1.32B | 21% |
| Japan | $623M | 9.7% |
| United States | $614M | 9.6% |
| Europe | $316M | 4.9% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q4 2026Total $6.40B (+9.6%)
Europe grew +252% year on yearJapan -16% year on year
Segment Latestquarter on quarteryear on year
- Taiwan$1.81B$1.81BQoQ +37%year on year +87%+37%+87%
- China$1.72B$1.72BQoQ -14%year on year -6.3%-14%-6.3%
- South Korea$1.32B$1.32BQoQ -2.7%year on year +17%-2.7%+17%
- Japan$622.8M$622.8MQoQ +32%year on year -16%+32%-16%
- United States$614.3M$614.3MQoQ +73%year on year +115%+73%+115%
- Europe$316.2M$316.2MQoQ +124%year on year +252%+124%+252%
Semiconductor Equipment & Materials
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