Lam Research Corporation Reports Financial Results for the Quarter Ended September 27, 2026
PR Newswire•21/10/2026•16:05 ET
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Key Highlights
- ➤Revenue $8.22 billion, up 22% quarter-over-quarter
- ➤U.S. GAAP diluted EPS $2.19, up 21% quarter-over-quarter
- ➤U.S. GAAP operating margin 40.0%, up 260 basis points sequentially
- ➤December-quarter revenue guidance $8.60 billion +/- $400 million
- ➤December-quarter diluted EPS guidance $2.33 +/- $0.15
Expert Statements
Tim Archer, President and Chief Executive Officer of Lam Research
“With AI driving higher semiconductor demand and greater device complexity, our focus on operational execution helped Lam deliver record revenue, profit, and earnings per share in the September quarter.”
Tim Archer, President and Chief Executive Officer of Lam Research
“Our strategic investments in technology inflections and manufacturing capacity are paying off, strengthening our ability to outgrow the wafer fabrication equipment market as the industry expands.”
Lam Research Corporation Reports Financial Results for the Quarter Ended September 27, 2026 PR Newswire
FREMONT, Calif., Oct. 21, 2026 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 27, 2026 (the "September 2026 quarter").
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