Lam Research Corporation (LRCX) Guidance & Earnings Results

On 2026-10-21 Lam Research Corporation raised guidance: "Q2-2027 revenue guided to $8.60B +/- $400M (vs Q1 $8.22B); GAAP gross margin 52.5% +/- 1%; operating margin 40.5% +/- 1%; diluted EPS $2.33 +/-…" — from its own filing, as read by EquiReason.

Source: SEC EDGAR filings · figures as of 2026-09-27 · read by EquiReason

LRCXLam Research CorporationFollow LRCX — free

Semiconductor Equipment & Materials · Technology

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Market cap: 287.4B
P/E TTM: 34.3
Dividend yield: 0.5%
52-week: —
Next earnings: 26 Jan, in 94 days

What management guided

each earnings 8-K · figures checked against the filing text

Release	Direction	What they said
21 Oct 26	Raised	Q2-2027 revenue guided to $8.60B +/- $400M (vs Q1 $8.22B); GAAP gross margin 52.5% +/- 1%; operating margin 40.5% +/- 1%; diluted EPS $2.33 +/- $0.15
29 Jul 26	Raised	Q3 revenue guidance $8.1B midpoint (+20% QoQ); EPS $2.15
28 Jan 26	Raised	Q3 2026 revenue guidance $5.7B, non-GAAP EPS $1.35.
22 Oct 25	Reaffirmed	Q2 FY2026 revenue $5.2B +/- $300M, GAAP gross margin 48.4% +/- 1%, GAAP diluted EPS $1.15 +/- $0.10
30 Jul 25	Reaffirmed	Q1-2026: Revenue $5.20B +/- $300M; GAAP gross margin 49.9% +/- 1%; Non-GAAP diluted EPS $1.20 +/- $0.10

Lam Research Corporation — questions

What guidance did Lam Research Corporation give?: On 2026-10-21: "Q2-2027 revenue guided to $8.60B +/- $400M (vs Q1 $8.22B); GAAP gross margin 52.5% +/- 1%; operating margin 40.5% +/- 1%; diluted EPS $2.33 +/- $0.15"
When does Lam Research Corporation report earnings?: Lam Research Corporation's next earnings report is expected on 2027-01-26.

Every figure on this page comes from Lam Research Corporation's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.

How these figures are read: methodology · EquiReason.

Important information. Figures on this page are taken from filings submitted to the U.S. Securities and Exchange Commission (SEC) and processed automatically by EquiReason. They may contain errors, omissions or delays, and EquiReason makes no representation or warranty as to their accuracy, completeness or timeliness. Always verify figures against the original filing on SEC EDGAR before relying on them.

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