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 SEC-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.
Review Lam Research filings at SEC.gov ↗