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LAM Research (LRCX) guidance and outlook

LAM Research (LRCX) gave its guidance on Oct 21, 2026: Revenue $8.2B–$9.0B for the quarter ending Dec 27, 2026. LAM Research's 10-Q filed Oct 22, 2026 makes 5 forward-looking statements, 0 of them new and 5 no longer said since the filing before.

Guidance and outlook

LAM Research Revenue: guidance against what was reportedLAM Research Revenue: guidance against what was reportedguided rangereported (above / within / below)Q3 FY25$4.7BQ4 FY25$5.2BQ1 FY26$5.3BQ2 FY26$5.3BQ3 FY26$5.8BQ4 FY26$6.7BQ1 FY27$8.2BQ2 FY27
Met or beat 7 of 7 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
LAM Research: what its forward-looking statements are about (10-Q filed 2026-10-22)LAM Research: what its forward-looking statements are about (10-Q filed 2026-10-22)Other4Capital spending1
5 statements; tone -0.20 (−1 all cautious, +1 all confident); 2 hedged.
LAM Research: outlook statements against the filing beforeLAM Research: outlook statements against the filing beforeUpdated1Dropped5Cautious1

Latest guidance

MetricPeriodRangeChange
Revenuethe quarter ending Dec 27, 2026$8.2B–$9.0Bnew

From the earnings release filed Oct 21, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Oct 22, 2026

LAM Research's 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

Did LAM Research raise or lower its guidance?

LAM Research (LRCX) gave its guidance on Oct 21, 2026: Revenue $8.2B–$9.0B for the quarter ending Dec 27, 2026.

What does LAM Research expect?

Anticipated cash flows from operations based on our current business outlook, combined with our current levels of cash and cash equivalents as of September 27, 2026, are expected to be sufficient to support our anticipated levels of operations, investments, debt service requirements, capital expenditures, capital redistributions, and dividends through at least the next twelve months.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.