LRCX
Lam Research Corp
NASDAQ: LRCX · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$257.86
+3.66% today
Updated 2026-04-29
Market cap
$334.88B
P/E ratio
50.52
P/S ratio
15.45x
EPS (TTM)
$5.30
Dividend yield
0.39%
52W range
$68 – $276
Volume
10.0M
Lam Research Corp (LRCX) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+7.7%
Last 4 quarters
Revenue YoY growth
+23.8%
Most recent quarter
EPS YoY growth
+41.3%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.4%
Last 4 reports
Positive reaction rate
75%
3 of 4 quarters
Largest single-day move
-4.1%
2025-07-30
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-22 | $1.47 | +8.9% | $258.37 | $258.56 | +0.1% |
| 2026-01-28 | $1.27 | +8.5% | $238.46 | $248.17 | +4.1% |
| 2025-10-22 | $1.26 | +3.3% | $145.04 | $147.54 | +1.7% |
| 2025-07-30 | $1.33 | +9.9% | $98.94 | $94.84 | -4.1% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $1.35 | $1.47 | +8.9% | $5.84B | +23.8% |
| 2025-12-31 | $1.17 | $1.27 | +8.5% | $5.34B | +22.1% |
| 2025-09-30 | $1.22 | $1.26 | +3.3% | $5.32B | +27.7% |
| 2025-06-30 | $1.21 | $1.33 | +9.9% | $5.17B | +33.6% |
| 2025-03-31 | $1.00 | $1.04 | +4.0% | $4.72B | +24.4% |
| 2024-12-31 | $0.88 | $0.91 | +3.4% | $4.38B | +16.4% |
| 2024-09-30 | $0.81 | $0.86 | +6.2% | $4.17B | +19.7% |
| 2024-06-30 | $0.76 | $0.81 | +6.6% | $3.87B | — |
| 2024-03-31 | $0.73 | $0.78 | +6.8% | $3.79B | — |
| 2023-12-31 | $0.71 | $0.75 | +5.6% | $3.76B | — |
| 2023-09-30 | $0.61 | $0.69 | +13.1% | $3.48B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $5.42 | $23.0B | +24.7% | 25 | high |
| 2027 (E) | $7.09 | $28.8B | +25.4% | 25 | high |
| 2028 (E) | $8.52 | $34.1B | +20.1% | 25 | medium |
| 2029 (E) | $10.03 | $40.1B | +15.1% | 25 | medium |
| 2030 (E) | $11.13 | $44.5B | +11.0% | 25 | medium |
Frequently asked questions
Has Lam Research Corp beaten earnings estimates?
Lam Research Corp has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +7.7% over the last 4 quarters.
How does LRCX stock react to earnings?
LRCX stock has moved an average of +0.4% in the trading day following earnings over its last 4 reports, with positive reactions in 75% of those quarters.
What is Lam Research Corp's revenue growth rate?
Lam Research Corp reported year-over-year revenue growth of +23.8% in its most recent quarter, with EPS growing +41.3% year-over-year.
What is the expected EPS for LRCX in 2026?
Analysts expect Lam Research Corp to report EPS of $5.42 for fiscal year 2026, on revenue of $23.0B, based on estimates from 25 analysts.