Lam Research Fiscal Year 2026 Q4 Results:
Revenue of $6.72 billion, up 15.1% sequentially;
GAAP gross margin of 51.7% of revenue, GAAP operating margin of 37.4% of revenue, and GAAP diluted earnings per share (EPS) of $1.81.
Non-GAAP gross margin of 52.0% of revenue, non-GAAP operating margin of 38.4% of revenue, and adjusted EPS of $1.82, up 23.8% sequentially.
Fiscal Year 2027 Q1 Guidance:
Tim Archer, President and Chief Executive Officer of Lam Research, stated:
“As AI-driven demand continues to reshape the semiconductor industry, Lam Research delivered record revenue, operating margin, and earnings per share in the June quarter. Our strategic investments and technology leadership are enabling customers to accelerate their response to increasingly complex manufacturing processes, positioning Lam Research for strong performance in fiscal year 2026—marking our third consecutive year of exceptional results.”
Editor/Liam