LRCX Q4 FY2026 earnings: EPS beat by 7.7%, revenue beat by 0.9%
Lam Research reported Q4 FY2026. EPS came in at $1.82 against a $1.69 consensus, beat by 7.7%. Revenue was $6.7B versus $6.7B expected, beat by 0.9%. Gross margin was 51.7%, up 190 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $1.82 | $1.69 | beat by 7.7% |
| Revenue | $6.7B | $6.7B | beat by 0.9% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $6.7B | +15.1% | +30.0% |
| Gross profit | $3.5B | +19.5% | +34.3% |
| Operating income | $2.5B | +22.8% | +44.4% |
| Net income | $2.3B | +24.8% | +32.4% |
| Diluted EPS | $1.81 | +24.8% | +34.1% |
| Gross margin: 51.7%. |
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The trend
Revenue is up 30.0% from the same quarter last year. Gross margin sits at 51.7%, a new high for the period charted.
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How it stacks up
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