Lam Research quarterly revenue rises 9% to $5.84 billion; diluted EPS $1.45
Lam Research reported revenue of $5.84 billion and U.S. GAAP diluted EPS of $1.45 for the quarter ended March 29, 2026, both up from the prior quarter. The company guided to June quarter revenue of $6.60 billion, plus or minus $400 million, and diluted EPS of $1.65, plus or minus $0.15.
Key points
- Revenue was $5.84 billion, up from $5.34 billion in the December 2025 quarter and $4.72 billion a year earlier.
- U.S. GAAP net income was $1,825 million, or $1.45 per diluted share, versus $1.26 in the December 2025 quarter; non-GAAP diluted EPS was $1.47.
- For the quarter ending June 28, 2026, guidance is revenue of $6.60 billion (plus or minus $400 million) and diluted EPS of $1.65 (plus or minus $0.15).
- Cash, cash equivalents and restricted cash fell to $4.77 billion from $6.20 billion, mainly due to capital return activities, debt principal payments and capital expenditures.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.