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LAM Research (LRCX) net income by quarter

LAM Research's net income was $2.8B in Q1 FY27 (first quarter fiscal 2027), +21% from Q4 FY26. Over the last 7 quarters it ranged from $1.3B (Q3 FY25) to $2.8B (Q1 FY27).

LAM Research net income by quarterLAM Research net income by quarter$1.3BQ3 FY25$1.7BQ4 FY25$1.6BQ1 FY26$1.6BQ2 FY26$1.8BQ3 FY26$2.3BQ4 FY26$2.8BQ1 FY27
QuarterNet incomeQ/QY/Y
Q1 FY27$2.8B+21%+76%
Q4 FY26$2.3B+25%+32%
Q3 FY26$1.8B+15%+37%
Q2 FY26$1.6B+2%—
Q1 FY26$1.6B-9%—
Q4 FY25$1.7B+29%—
Q3 FY25$1.3B——

Q1 FY27 at a glance

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

What is LAM Research's net income?

LAM Research's net income was $2.8B in Q1 FY27 (first quarter fiscal 2027), +21% from Q4 FY26.

How has LAM Research's net income changed?

Over the last 7 quarters it ranged from $1.3B (Q3 FY25) to $2.8B (Q1 FY27).

Q1 FY27 results → · How LAM Research makes money →