Filing Flows › LAM Research (LRCX) › Operating margin
LAM Research (LRCX) operating margin by quarter
LAM Research's operating margin was 40.0% in Q1 FY27 (first quarter fiscal 2027), +2.6 pts from Q4 FY26. Over the last 7 quarters it ranged from 33.1% (Q3 FY25) to 40.0% (Q1 FY27).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 FY27 | 40.0% | +2.6 pts | +5.6 pts |
| Q4 FY26 | 37.4% | +2.3 pts | +3.7 pts |
| Q3 FY26 | 35.0% | +1.2 pts | +2.0 pts |
| Q2 FY26 | 33.9% | -0.5 pts | — |
| Q1 FY26 | 34.4% | +0.7 pts | — |
| Q4 FY25 | 33.7% | +0.6 pts | — |
| Q3 FY25 | 33.1% | — | — |
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 operating margin?
LAM Research's operating margin was 40.0% in Q1 FY27 (first quarter fiscal 2027), +2.6 pts from Q4 FY26.
How has LAM Research's operating margin changed?
Over the last 7 quarters it ranged from 33.1% (Q3 FY25) to 40.0% (Q1 FY27).