LRCX · Lam Research Corp
$252.35
-17.26 (-6.40%)
At close · Jul 29
Market Cap
$315.58B
Shares
1.25B
Lam Research Corp Earnings Call Transcripts
Every quarterly earnings call for Lam Research Corp (LRCX) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲5.5%
$4.06B
$1.02B
'22 Q3
22-04-20
▲11.8%
$4.64B
$1.21B
'22 Q4
22-07-27
▲17.9%
$5.07B
$1.43B
'23 Q1
22-10-19
▼4.7%
$3.87B
$814.01M
'23 Q3
23-04-19
▼31.4%
$3.48B
$887.40M
'24 Q1
23-10-18
▼28.8%
$3.76B
$954.27M
'24 Q2
24-01-24
▼2%
$3.79B
$965.83M
'24 Q3
24-04-24
▲20.7%
$3.87B
$1.02B
'24 Q4
24-07-31
▲19.7%
$4.17B
$1.12B
'25 Q1
24-10-23
▲16.4%
$4.38B
$1.19B
'25 Q2
25-01-29
▲24.4%
$4.72B
$1.33B
'25 Q3
25-04-23
▲33.6%
$5.17B
$1.72B
'25 Q4
25-07-30
▲27.7%
$5.32B
$1.57B
'26 Q1
25-10-22
▲22.1%
$5.34B
$1.59B
'26 Q2
26-01-28
LATEST
▲23.8%
$5.84B
$1.83B
'26 Q3
26-04-22
Earnings call
FY26 · Q4
2026-07-29
Lam Research Corp Q4 FY2026 Earnings Call
Results not yet reported
Audio
Transcript
Slides
8-K10-K
Conference
Investor event
2026-05-27
Bernstein Strategic Decisions Conference
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY26 · Q3
2026-04-22
Lam Research Corp Q3 FY2026 Earnings Call
Confident tone
SAM expansion and share gains
NAND technology inflections and conversion spending
DRAM 1C transition and dielectric deposition share gains
Revenue
$5.84B
▲ 23.8% YoY Diluted EPS
$1.45
▲ 40.8% YoY Gross margin
49.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Conference
Investor event
2026-03-03
Morgan Stanley TMT Conference
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY26 · Q2
2026-01-28
Lam Research Corp Q2 FY2026 Earnings Call
Confident tone
NAND inflection and data center use cases
China demand and affiliate rule
AI-driven WFE growth
Revenue
$5.34B
▲ 22.1% YoY Diluted EPS
$1.26
▲ 37% YoY Gross margin
49.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2025-10-22
Lam Research Corp Q1 FY2026 Earnings Call
Positive tone
NAND upgrades and installed base
DRAM and HBM opportunity
Supply chain and execution
Revenue
$5.32B
▲ 27.7% YoY Diluted EPS
$1.24
▲ 44.2% YoY Gross margin
50.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2025-07-30
Lam Research Corp Q4 FY2025 Earnings Call
Confident tone
2026 and long-term outlook
Advanced packaging growth
AI-driven device content
Revenue
$5.17B*
▲ 33.6% YoY Gross margin
50.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-04-23
Lam Research Corp Q3 FY2025 Earnings Call
Confident tone
CSBG installed base business
NAND technology conversions and upgrades
Outperformance strategy / SAM expansion and share gains
Revenue
$4.72B
▲ 24.4% YoY Diluted EPS
$1.03
▲ 41.1% YoY Gross margin
49.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-01-29
Lam Research Corp Q2 FY2025 Earnings Call
Confident tone
NAND upgrade cycle and technology inflections
Financial performance and margins
AI-driven DRAM and Foundry Logic growth
Revenue
$4.38B
▲ 16.4% YoY Diluted EPS
$0.92
▲ 27.8% YoY Gross margin
47.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2024-10-23
Lam Research Corp Q1 FY2025 Earnings Call
Confident tone
NAND spending recovery and technology upgrades
AI-driven demand and advanced packaging
Financial execution and profitability
Revenue
$4.17B
▲ 19.7% YoY Diluted EPS
$0.86
▲ 28.4% YoY Gross margin
48.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-07-31
Lam Research Corp Q4 FY2024 Earnings Call
Confident tone
NAND scaling and technology
WFE spending outlook
Margin and EPS performance
Revenue
$3.87B*
▲ 20.7% YoY Gross margin
47.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-04-24
Lam Research Corp Q3 FY2024 Earnings Call
Confident tone
DRAM and HBM
NAND recovery and technology
China spending
Revenue
$3.79B
▼ 2% YoY Diluted EPS
$0.73
▲ 21.5% YoY Gross margin
47.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-01-24
Lam Research Corp Q2 FY2024 Earnings Call
Positive tone
Memory spending dynamics
Calendar 2023 financial performance
Customer Support Business Group (CSBG) and installed base
Revenue
$3.76B
▼ 28.8% YoY Diluted EPS
$0.72
▼ 33.1% YoY Gross margin
46.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2023-10-18
Lam Research Corp Q1 FY2024 Earnings Call
Revenue
$3.48B
▼ 31.4% YoY Diluted EPS
$0.67
▼ 35.5% YoY Gross margin
47.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q3
2023-04-19
Lam Research Corp Q3 FY2023 Earnings Call
Revenue
$3.87B
▼ 4.7% YoY Diluted EPS
$0.60
▼ 17.7% YoY Gross margin
41.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2022-10-19
Lam Research Corp Q1 FY2023 Earnings Call
Revenue
$5.07B
▲ 17.9% YoY Diluted EPS
$1.04
▲ 25.6% YoY Gross margin
46.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2022-07-27
Lam Research Corp Q4 FY2022 Earnings Call
Revenue
$4.64B*
▲ 11.8% YoY Gross margin
45.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-04-20
Lam Research Corp Q3 FY2022 Earnings Call
Revenue
$4.06B
▲ 5.5% YoY Diluted EPS
$0.73
▼ 1.5% YoY Gross margin
44.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2021-10-20
Lam Research Corp Q1 FY2022 Earnings Call
Revenue
$4.30B
▲ 35.5% YoY Diluted EPS
$0.83
▲ 47.9% YoY Gross margin
45.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q3
2021-04-21
Lam Research Corp Q3 FY2021 Earnings Call
Revenue
$3.85B
▲ 53.7% YoY Diluted EPS
$0.74
▲ 91% YoY Gross margin
46.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2020-10-21
Lam Research Corp Q1 FY2021 Earnings Call
Revenue
$3.18B
▲ 46.7% YoY Diluted EPS
$0.56
▲ 80.9% YoY Gross margin
47.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q3
2020-04-22
Lam Research Corp Q3 FY2020 Earnings Call
Revenue
$2.50B
▲ 2.6% YoY Diluted EPS
$0.39
▲ 11.8% YoY Gross margin
46.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-01-29
Lam Research Corp Q2 FY2020 Earnings Call
Revenue
$2.58B
▲ 2.4% YoY Diluted EPS
$0.34
▼ 2.3% YoY Gross margin
45.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2019-09-30
Lam Research Corp Q1 FY2020 Earnings Call
Revenue
$2.17B
▼ 7.1% YoY Diluted EPS
$0.31
▼ 4.3% YoY Gross margin
45.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Showing 1–24 of 24 earnings calls
Key facts
CIK
707549
CUSIP
512807306
13F (30d)
1197 filings
1166 filers
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