LAM RESEARCH CORP (LRCX) closed fiscal year 2026 with a gross margin of 50.5 % and a net margin of 31.3 %.
LAM RESEARCH CORP (LRCX) closed fiscal year 2026 with a gross margin of 50.5 % and a net margin of 31.3 %. The same year shows an EBITDA margin of 37.2 % and an EBIT margin of 35.3 %. The free cash flow margin was 21.1 %. Against the previous year the gross margin moved +1.8 pp and the net margin +2.2 pp. Across the period the gross margin ranges between 34.8 % in 2009 and 50.5 % in 2026. The series covers 18 fiscal years, from 2009 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: June
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 34.83 % | 45.46 % | 46.24 % | 40.68 % | 38.99 % | 43.57 % | 43.43 % | 44.49 % | 44.97 % | 46.63 % | 45.15 % | 45.88 % | 46.53 % | 45.69 % | 44.62 % | 47.32 % | 48.71 % | 50.47 % |
| EBITDA margin (%) | -18.71 % | 23.28 % | 27.15 % | 12.70 % | 11.73 % | 21.05 % | 20.27 % | 23.20 % | 27.57 % | 31.96 % | 28.74 % | 29.29 % | 32.74 % | 33.18 % | 31.66 % | 31.02 % | 34.10 % | 37.19 % |
| EBIT margin (%) | -25.20 % | 19.94 % | 24.84 % | 8.92 % | 3.28 % | 14.71 % | 14.98 % | 18.25 % | 23.74 % | 29.01 % | 25.53 % | 26.62 % | 30.64 % | 31.24 % | 29.69 % | 28.61 % | 32.01 % | 35.29 % |
| Net margin (%) | -27.08 % | 16.25 % | 22.35 % | 6.33 % | 3.16 % | 13.72 % | 12.47 % | 15.53 % | 21.19 % | 21.49 % | 22.70 % | 22.42 % | 26.72 % | 26.73 % | 25.88 % | 25.68 % | 29.06 % | 31.27 % |
| FCF margin (%) | -10.97 % | 14.77 % | 23.27 % | 14.70 % | 15.54 % | 12.41 % | 11.17 % | 19.96 % | 23.36 % | 21.51 % | 29.76 % | 19.15 % | 22.15 % | 14.82 % | 26.84 % | 28.55 % | 29.37 % | 21.05 % |
