Filing Flows › LAM Research (LRCX) › Guidance history
LAM Research (LRCX) guidance history: what it guided and what it reported
LAM Research gave guidance in 12 earnings releases on file since Jan 24, 2024. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +2.3% against the guided midpoint.
Revenue
Met or beat 7 of 7 periods (0 above, 7 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q2 FY27 | $8.2B–$9.0B (Oct 21, 2026) | — | to be reported | — |
| Q1 FY27 | $7.7B–$8.5B (Jul 29, 2026) | $8.2B | within the range | +1.5% |
| Q4 FY26 | $6.2B–$7.0B (Apr 22, 2026) | $6.7B | within the range | +1.9% |
| Q3 FY26 | $5.4B–$6.0B (Jan 28, 2026) | $5.8B | within the range | +2.5% |
| Q2 FY26 | $4.9B–$5.5B (Oct 22, 2025) | $5.3B | within the range | +2.8% |
| Q1 FY26 | $4.9B–$5.5B (Jul 30, 2025) | $5.3B | within the range | +2.4% |
| Q4 FY25 | $4.7B–$5.3B (Apr 23, 2025) | $5.2B | within the range | +3.4% |
| Q3 FY25 | $4.3B–$5.0B (Jan 29, 2025) | $4.7B | within the range | +1.5% |
| Q2 FY25 | $4.0B–$4.6B (Oct 23, 2024) | — | — | — |
The latest quarter
LAM Research, Q1 FY27: revenue $8.2B (+54% year over year), operating margin 40.0%, net earnings $2.8B, operating cash flow $3.5B. The chart follows the revenue to costs, profit and cash.
Questions
Does LAM Research beat its guidance?
LAM Research gave guidance in 12 earnings releases on file since Jan 24, 2024. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +2.3% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.