Lam Research reported fiscal Q4 2026 (quarter ended June) revenue of $6.7222 billion, beating market expectations, according to an SEC Form 8-K filing.
📊 Price at Time of Writing (July 30, 2026, 07:01 KST)
$252.35 ▼ -6.40%
Q4 Results at a Glance
Revenue rose 15.1% from the prior quarter and roughly 30% year-over-year, driven by higher equipment orders from customers amid surging AI semiconductor demand. Earnings per share and operating margin both hit record highs as well.
- Revenue: $6.7222 billion, +15.1% QoQ, roughly +30% YoY
- Earnings per share (GAAP): $1.81, up 24.8% from $1.45 in the prior quarter
- Adjusted EPS (non-GAAP, excluding one-time items): $1.82
- Operating margin: 37.4% of revenue (GAAP), with net income of $2.28 billion
Next-Quarter Guidance
Lam Research said it expects revenue of around $8.1 billion (plus or minus $400 million) for the quarter ending in September (fiscal Q1 2027). The company guided adjusted operating margin (excluding interest, taxes, and depreciation) at 39.5% ±1%, and adjusted EPS at $2.15 ±$0.15. CEO Tim Archer said, "Amid AI demand reshaping the semiconductor industry, our June quarter results marked record highs in revenue, operating margin, and EPS," adding, "We expect to deliver above-market growth for a third consecutive year in 2026."
Market Reaction
International media characterized the results as an "earnings beat followed by raised guidance," with both revenue and profit topping estimates. Investing.com reported that EPS came in $0.14 above the consensus estimate. However, as of 7:01 a.m. KST on July 30, Lam Research shares were trading at $252.35, down 6.40% from the previous close.
Segment Breakdown
- Systems (equipment) revenue: $4.2498 billion, +13.9% QoQ
- Customer Support Business Group (services) revenue: $2.4724 billion, +17.1% QoQ
This article was automatically generated based on the original SEC Form 8-K filing and international media reports, with the goal of quickly delivering key data immediately after the announcement. Readers are advised to review the company's official filing before making any trading decisions. Prices reflect the time of writing and may differ from current levels.
