Lam Research annual free cash flow
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2025
2026
Lam Research Free Cash Flow (FCF) History (LRCX)
Lam Research reported $4.89B in free cash flow for fiscal 2026, a decrease of 9.66% from the previous fiscal year, with a free cash flow margin of 21.05%.
View full Lam Research company overviewLam Research free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-06-28 | $4.89B | −$522.8M | −9.66% | +21.05% |
| 2025 | 2025-06-29 | $5.41B | $1.16B | +27.22% | +29.37% |
| 2024 | 2024-06-30 | $4.26B | −$421.8M | −9.02% | +28.55% |
| 2023 | 2023-06-25 | $4.68B | $2.12B | +83.16% | +26.84% |
| 2022 | 2022-06-26 | $2.55B | −$685.4M | −21.16% | +14.82% |
| 2021 | 2021-06-27 | $3.24B | $1.32B | +68.42% | +22.15% |
| 2020 | 2020-06-28 | $1.92B | −$949.3M | −33.05% | +19.15% |
| 2019 | 2019-06-30 | $2.87B | $490.2M | +20.58% | +29.76% |
| 2018 | 2018-06-24 | $2.38B | $510.4M | +27.27% | +21.51% |
| 2017 | 2017-06-25 | $1.87B | $696.9M | +59.31% | +23.36% |
| 2016 | 2016-06-26 | $1.17B | $587.7M | +100.08% | +19.96% |
| 2015 | 2015-06-28 | $587.2M | $15.7M | +2.75% | +11.17% |
| 2014 | 2014-06-29 | $571.5M | $12.4M | +2.22% | +12.41% |
| 2013 | 2013-06-30 | $559.1M | $167.4M | +42.73% | +15.54% |
| 2012 | 2012-06-24 | $391.8M | −$361.8M | −48.01% | +14.70% |
| 2011 | 2011-06-26 | $753.5M | $438.4M | +139.12% | +23.27% |
| 2010 | 2010-06-27 | $315.1M | $437.5M | — | +14.77% |
| 2009 | 2009-06-28 | −$122.4M | — | — | −10.97% |
Lam Research quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2026 | 2026-06-28 | $1.27B | −$1.11B | −46.75% | +18.87% |
| Q3 2026 | 2026-03-29 | $809.8M | −$210.8M | −20.65% | +13.86% |
| Q2 2026 | 2025-12-28 | $1.22B | $665.6M | +120.23% | +22.81% |
| Q1 2026 | 2025-09-28 | $1.59B | $136.0M | +9.33% | +29.94% |
| Q4 2025 | 2025-06-29 | $2.38B | $1.62B | +212.73% | +46.06% |
| Q3 2025 | 2025-03-30 | $1.02B | −$260.6M | −20.34% | +21.62% |
| Q2 2025 | 2024-12-29 | $553.6M | −$785.0M | −58.64% | +12.65% |
| Q1 2025 | 2024-09-29 | $1.46B | $583.7M | +66.77% | +34.98% |
| Q4 2024 | 2024-06-30 | $761.7M | −$282.4M | −27.05% | +19.67% |
| Q3 2024 | 2024-03-31 | $1.28B | −$325.8M | −20.27% | +33.77% |
| Q2 2024 | 2023-12-24 | $1.34B | $361.8M | +37.03% | +35.62% |
| Q1 2024 | 2023-09-24 | $874.2M | −$175.4M | −16.71% | +25.10% |
| Q4 2023 | 2023-06-25 | $1.04B | $725.9M | +228.13% | +32.55% |
| Q3 2023 | 2023-03-26 | $1.61B | $994.6M | +162.43% | +41.53% |
| Q2 2023 | 2022-12-25 | $976.8M | −$325.2M | −24.98% | +18.51% |
| Q1 2023 | 2022-09-25 | $1.05B | $728.4M | +226.86% | +20.68% |
| Q4 2022 | 2022-06-26 | $318.2M | −$1.01B | −76.10% | +6.86% |
| Q3 2022 | 2022-03-27 | $612.3M | −$463.1M | −43.06% | +15.08% |
| Q2 2022 | 2021-12-26 | $1.30B | $1.05B | +415.52% | +30.81% |
| Q1 2022 | 2021-09-26 | $321.1M | −$258.6M | −44.61% | +7.46% |
| Q4 2021 | 2021-06-27 | $1.33B | $568.8M | +74.60% | +32.12% |
| Q3 2021 | 2021-03-28 | $1.08B | $585.4M | +119.46% | +27.95% |
| Q2 2021 | 2020-12-27 | $252.6M | $6.7M | +2.72% | +7.31% |
| Q1 2021 | 2020-09-27 | $579.7M | $154.9M | +36.47% | +18.25% |
| Q4 2020 | 2020-06-28 | $762.5M | −$52.0M | −6.39% | +27.31% |
| Q3 2020 | 2020-03-29 | $490.1M | −$367.2M | −42.84% | +19.57% |
| Q2 2020 | 2019-12-29 | $245.9M | −$290.6M | −54.17% | +9.52% |
| Q1 2020 | 2019-09-29 | $424.8M | −$239.4M | −36.04% | +19.61% |
| Q4 2019 | 2019-06-30 | $814.5M | $175.8M | +27.53% | +34.50% |
| Q3 2019 | 2019-03-31 | $857.3M | −$144.0M | −14.38% | +35.15% |
| Q2 2019 | 2018-12-23 | $536.5M | $592.5M | — | +21.27% |
| Q1 2019 | 2018-09-23 | $664.2M | −$134.1M | −16.79% | +28.50% |
| Q4 2018 | 2018-06-24 | $638.7M | −$55.8M | −8.03% | +20.43% |
| Q3 2018 | 2018-03-25 | $1.00B | $622.8M | +164.50% | +34.62% |
| Q2 2018 | 2017-12-24 | −$56.0M | −$423.6M | — | −2.17% |
| Q1 2018 | 2017-09-24 | $798.2M | $367.0M | +85.10% | +32.21% |
| Q4 2017 | 2017-06-25 | $694.5M | $322.4M | +86.63% | +29.62% |
| Q3 2017 | 2017-03-26 | $378.6M | $241.7M | +176.52% | +17.58% |
| Q2 2017 | 2016-12-25 | $367.6M | $101.2M | +37.98% | +19.53% |
| Q1 2017 | 2016-09-25 | $431.2M | $31.7M | +7.93% | +26.42% |
| Q4 2016 | 2016-06-26 | $372.1M | $143.2M | +62.54% | +24.06% |
| Q3 2016 | 2016-03-27 | $136.9M | −$22.2M | −13.97% | +10.42% |
| Q2 2016 | 2015-12-27 | $266.4M | $166.5M | +166.73% | +18.69% |
| Q1 2016 | 2015-09-27 | $399.5M | $300.3M | +302.40% | +24.97% |
| Q4 2015 | 2015-06-28 | $228.9M | $24.8M | +12.15% | +15.45% |
| Q3 2015 | 2015-03-29 | $159.1M | −$89.4M | −35.98% | +11.42% |
| Q2 2015 | 2014-12-28 | $99.9M | $9.2M | +10.12% | +8.11% |
| Q1 2015 | 2014-09-28 | $99.3M | $71.1M | +252.76% | +8.62% |
| Q4 2014 | 2014-06-29 | $204.1M | $72.3M | +54.82% | +16.35% |
| Q3 2014 | 2014-03-30 | $248.6M | $180.9M | +267.22% | +20.25% |
| Q2 2014 | 2013-12-29 | $90.7M | −$63.6M | −41.22% | +8.13% |
| Q1 2014 | 2013-09-29 | $28.1M | −$177.2M | −86.29% | +2.77% |
| Q4 2013 | 2013-06-30 | $131.8M | $72.0M | +120.35% | +13.37% |
| Q3 2013 | 2013-03-31 | $67.7M | −$50.7M | −42.84% | +8.01% |
| Q2 2013 | 2012-12-23 | $154.3M | $12.0M | +8.41% | +17.92% |
| Q1 2013 | 2012-09-23 | $205.3M | $134.1M | +188.47% | +22.64% |
| Q4 2012 | 2012-06-24 | $59.8M | −$103.7M | −63.41% | +8.07% |
| Q3 2012 | 2012-03-25 | $118.4M | −$87.4M | −42.47% | +17.97% |
| Q2 2012 | 2011-12-25 | $142.3M | −$5.2M | −3.54% | +24.37% |
| Q1 2012 | 2011-09-25 | $71.2M | −$165.4M | −69.92% | +10.46% |
| Q4 2011 | 2011-06-26 | $163.5M | $10.1M | +6.61% | +21.75% |
| Q3 2011 | 2011-03-27 | $205.8M | $107.4M | +109.08% | +25.44% |
| Q2 2011 | 2010-12-26 | $147.6M | $81.1M | +122.17% | +16.95% |
| Q1 2011 | 2010-09-26 | $236.6M | $239.7M | — | +29.36% |
| Q4 2010 | 2010-06-27 | $153.4M | — | — | +22.06% |
| Q3 2010 | 2010-03-28 | $98.4M | — | — | +15.56% |
| Q2 2010 | 2009-12-27 | $66.4M | — | — | +13.63% |
| Q1 2010 | 2009-09-27 | −$3.1M | — | — | −0.98% |
Lam Research free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $3.24B to $4.89B, a compound annual growth rate of 8.59%. Lam Research's latest reported quarter, Q4 2026, generated $1.27B in free cash flow, a decrease of 46.75% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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