Nov 5, 4:17 PM ET
On November 5, 2026, Lam Research's board approved a $25 billion share repurchase authorization and a quarterly dividend of $0.33 per share. The authorization supplements remaining balances from the prior program and has no termination date. At the November 3, 2026 annual meeting, stockholders re-elected all 10 director nominees, approved executive pay on an advisory basis, and ratified KPMG LLP, but did not approve a stockholder proposal to call special shareholder meetings.
- Board authorized up to $25 billion in share repurchases; the program may be suspended or discontinued at any time and does not obligate the company to buy any stock.
- Quarterly dividend of $0.33 per share, payable January 6, 2027, to holders of record on December 2, 2026.
- Advisory say-on-pay proposal passed with 93.12% of votes cast in favor.
- Stockholder proposal on the right to call special shareholder meetings was not approved: 42.22% for, 556,221,352 against.
Read the filing on SEC.gov ↗
Oct 21, 4:13 PM ET
Lam Research reported revenue of $8.22 billion and U.S. GAAP diluted EPS of $2.19 for the quarter ended September 27, 2026, up from $6.72 billion and $1.81 in the June 2026 quarter. The company guided to revenue of $8.60 billion (plus or minus $400 million) and GAAP diluted EPS of $2.33 (plus or minus $0.15) for the quarter ending December 27, 2026.
- Revenue of $8.22 billion, up 22% from $6.72 billion in the June 2026 quarter.
- U.S. GAAP diluted EPS of $2.19 versus $1.81 in the June 2026 quarter; non-GAAP diluted EPS of $2.20.
- Guidance for the December 2026 quarter: revenue of $8.60 billion +/- $400 million and GAAP diluted EPS of $2.33 +/- $0.15.
- Cash dividend declared of $0.33 per share, up from $0.26; treasury stock purchases of $1.02 billion in the quarter.
Read the filing on SEC.gov ↗
Aug 27, 5:20 PM ET
Lam Research directors Sohail U. Ahmed and Michael R. Cannon notified the Board on August 24, 2026 that they will retire, effective November 2, 2026. The Board will shrink from 12 to 10 members once they leave, and the filing contains no replacement appointments.
- Directors Sohail U. Ahmed and Michael R. Cannon will retire from the Board effective November 2, 2026.
- Board size will be reduced from 12 to 10 directors upon their retirement.
- Ahmed served about seven years; Cannon served about 16 years, including seven years as chair of the nominating and governance committee.
Read the filing on SEC.gov ↗
Jul 29, 4:07 PM ET
Lam Research reported results for the quarter ended June 28, 2026, with revenue of $6.72 billion, up 15.1% from the March quarter and up from $5.17 billion a year earlier. U.S. GAAP diluted EPS was $1.81, compared with $1.45 in the March quarter, and the company guided September quarter revenue to $8.10 billion plus or minus $400 million.
- GAAP revenue was $6.72 billion, up from $5.84 billion in the March 2026 quarter and $5.17 billion in the June 2025 quarter.
- GAAP diluted EPS was $1.81, up from $1.45 in the March 2026 quarter; non-GAAP diluted EPS was $1.82.
- For the quarter ending September 27, 2026, guidance calls for revenue of $8.10 billion plus or minus $400 million and non-GAAP diluted EPS of $2.15 plus or minus $0.15.
Read the filing on SEC.gov ↗
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