Quarterly ResultApr 22, 2026, 04:12 PM
Lam Research Reports Record Revenue of $5.84B, EPS Up 15% Q/Q
AI Summary
Lam Research Corporation reported strong financial results for the March 2026 quarter, achieving record revenue and EPS. Revenue grew 9% quarter-over-quarter to $5.84 billion, while U.S. GAAP diluted EPS increased 15% to $1.45 and non-GAAP diluted EPS rose 16% to $1.47. The company's CEO attributed the performance to AI-driven demand and strategic investments, indicating strong momentum in the semiconductor industry.
Key Highlights
- Revenue increased 9% quarter-over-quarter to $5.84 billion.
- U.S. GAAP diluted EPS rose 15% Q/Q to $1.45.
- Non-GAAP diluted EPS increased 16% Q/Q to $1.47.
- U.S. GAAP operating margin improved to 35.0% from 33.9% Q/Q.
- Non-GAAP operating margin improved to 35.0% from 34.3% Q/Q.