LAM RESEARCH CORP (LRCX) Earnings History & Surprises

NASDAQ:LRCX • US5128073062

199.33 USD
-15.35 (-7.15%)
At close: Mar 6, 2026
199.693 USD
+0.36 (+0.18%)
After Hours: 3/6/2026, 8:00:00 PM

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 DateApr 21, 2026
PeriodQ3 / 2026
EPS Estimate$1.38
Revenue Estimate5.826B

Last Reported

Most Recent
Release DateJan 28, 2026
PeriodQ2 / 2026
EPS Reported$1.27
EPS Surprise 6.41%
Revenue Surprise -0.28%

Beat Rate

Last 8 Quarters
63%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (USD)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

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.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

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.