LAM RESEARCH CORP (LRCX) Earnings History & Surprises

NASDAQ:LRCXUS5128073062

Current stock price

233.31 USD
+4.95 (+2.17%)
At close:
233.282 USD
-0.03 (-0.01%)
After Hours:

LRCX Earnings overview

Past quarterly earnings results for LAM RESEARCH CORP (LRCX), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Apr 21, 2026
Period
Q3 / 2026
EPS Estimate
$1.38
Revenue Estimate
5.86B

Last Reported

Most Recent
Release Date
Jan 28, 2026
Period
Q2 / 2026
EPS Reported
$1.27
EPS Surprise
6.41%
Revenue Surprise
-0.28%

Beat Rate

Last 8 Quarters
63%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q2 2026 1.27 1.19 6.41% 39.56% 5.345B 5.36B -0.28% 22.14%
Q1 2026 1.26 1.25 1.09% 46.51% 5.324B 5.337B -0.24% 27.74%
Q4 2025 1.33 1.23 7.79% 63.39% 5.171B 5.109B 1.22% 33.58%
Q3 2025 1.04 1.03 1.42% 33.50% 4.72B 4.739B -0.40% 24.43%
Q2 2025 0.91 0.89 1.69% 21.01% 4.376B 4.397B -0.48% 16.44%
Q1 2025 0.86 0.82 4.79% 25.55% 4.168B 4.132B 0.87% 19.70%
Q4 2024 0.81 0.77 5.32% 36.12% 3.872B 3.899B -0.71% 20.71%
Q3 2024 0.78 0.74 4.57% 11.44% 3.794B 3.798B -0.12% -1.96%
Q2 2024 0.75 0.72 3.77% -29.79% 3.758B 3.784B -0.68% -28.79%
Q1 2024 0.69 0.62 9.65% -34.26% 3.482B 3.482B 0.00% -31.38%
Q4 2023 0.60 0.52 15.63% -32.28% 3.207B 3.193B 0.45% -30.81%
Q3 2023 0.70 0.67 4.72% -5.54% 3.87B 3.903B -0.86% -4.70%
Q2 2023 1.07 1.02 5.41% 25.56% 5.278B 5.177B 1.94% 24.87%
Q1 2023 1.04 0.97 7.14% 24.64% 5.074B 5.009B 1.30% 17.88%
Q4 2022 0.88 0.75 18.20% 9.15% 4.636B 4.296B 7.90% 11.83%
Q3 2022 0.74 0.77 -3.44% -1.20% 4.06B 4.331B -6.25% 5.53%
Q2 2022 0.85 0.87 -1.78% 41.46% 4.227B 4.503B -6.14% 22.29%
Q1 2022 0.84 0.84 -0.21% 47.44% 4.304B 4.408B -2.35% 35.48%
Q4 2021 0.81 0.77 5.07% 69.25% 4.145B 4.09B 1.35% 48.47%
Q3 2021 0.75 0.68 10.95% 88.19% 3.848B 3.77B 2.06% 53.68%
Q2 2021 0.60 0.58 3.27% 50.37% 3.456B 3.405B 1.50% 33.78%
Q1 2021 0.57 0.53 7.00% 78.30% 3.177B 3.17B 0.22% 46.70%
Q4 2020 0.48 0.41 15.77% - 2.792B 2.731B 2.23% -
Q3 2020 0.40 0.41 -1.97% - 2.504B 2.635B -4.99% -
Q2 2020 0.40 0.39 2.11% - 2.584B 2.559B 0.96% -
Q1 2020 0.32 0.31 3.64% - 2.166B 2.203B -1.69% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

LRCX EPS Q2Q GrowthLRCX EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 20 -20 40 60 80

Revenue Historical Q2Q growth and Acceleration

LRCX Revenue Q2Q GrowthLRCX Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q4/21 Q3/22 Q2/23 Q1/24 Q4/24 Q3/25 Q2/26 Q1/27 Q4/27 Q3/28 0 20 -20 40

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
4.18%
Max EPS beat (4)
7.79%
Min EPS beat (4)
1.09%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
0.07%
Max Revenue beat (4)
1.22%
Min Revenue beat (4)
-0.40%

Analysis

In the last 4 quarters, LRCX has consistently beaten EPS estimates in all releases
LRCX has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, LRCX has beaten the EPS estimates by 4.2% on average.
In the last 4 quarters, LRCX has beaten the revenue estimates by 0.1% on average.

LAM RESEARCH CORP / LRCX Earnings FAQ

What is the most recent earnings date for LRCX stock?

LAM RESEARCH CORP (LRCX) last reported earnings on 1/28/2026.

Did LAM RESEARCH CORP (LRCX) beat earnings estimates last quarter?

LAM RESEARCH CORP (LRCX) beat EPS estimates and missed revenue estimates in the most recent quarter.

How often does LAM RESEARCH CORP (LRCX) beat earnings estimates?

In the last 4 quarters, LAM RESEARCH CORP (LRCX) has beaten EPS estimates in 4 out of 4 releases.