Lam Research annual gross margin
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2026
Lam Research Gross Margin Growth & History (LRCX)
Lam Research's gross margin was 50.47% for fiscal 2026.
View full Lam Research company overviewLam Research annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-28 | 50.47% | +1.76 pp |
| 2025 | 2025-06-29 | 48.71% | +1.39 pp |
| 2024 | 2024-06-30 | 47.32% | +2.70 pp |
| 2023 | 2023-06-25 | 44.62% | −1.07 pp |
| 2022 | 2022-06-26 | 45.69% | −0.83 pp |
| 2021 | 2021-06-27 | 46.53% | +0.65 pp |
| 2020 | 2020-06-28 | 45.88% | +0.73 pp |
| 2019 | 2019-06-30 | 45.15% | −1.48 pp |
| 2018 | 2018-06-24 | 46.63% | +1.66 pp |
| 2017 | 2017-06-25 | 44.97% | +0.47 pp |
| 2016 | 2016-06-26 | 44.49% | +1.06 pp |
| 2015 | 2015-06-28 | 43.43% | −0.14 pp |
| 2014 | 2014-06-29 | 43.57% | +4.59 pp |
| 2013 | 2013-06-30 | 38.99% | −1.69 pp |
| 2012 | 2012-06-24 | 40.68% | −5.57 pp |
| 2011 | 2011-06-26 | 46.24% | +0.79 pp |
| 2010 | 2010-06-27 | 45.46% | +10.62 pp |
| 2009 | 2009-06-28 | 34.83% | — |
Lam Research quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-28 | 51.75% | +1.67 pp |
| Q3 2026 | 2026-03-29 | 49.83% | +0.81 pp |
| Q2 2026 | 2025-12-28 | 49.60% | +2.23 pp |
| Q1 2026 | 2025-09-28 | 50.43% | +2.38 pp |
| Q4 2025 | 2025-06-29 | 50.08% | +2.55 pp |
| Q3 2025 | 2025-03-30 | 49.02% | +1.55 pp |
| Q2 2025 | 2024-12-29 | 47.37% | +0.61 pp |
| Q1 2025 | 2024-09-29 | 48.05% | +0.53 pp |
| Q4 2024 | 2024-06-30 | 47.53% | +2.07 pp |
| Q3 2024 | 2024-03-31 | 47.46% | +5.97 pp |
| Q2 2024 | 2023-12-24 | 46.76% | +1.74 pp |
| Q1 2024 | 2023-09-24 | 47.52% | +1.47 pp |
| Q4 2023 | 2023-06-25 | 45.46% | +0.15 pp |
| Q3 2023 | 2023-03-26 | 41.49% | −3.25 pp |
| Q2 2023 | 2022-12-25 | 45.03% | −1.77 pp |
| Q1 2023 | 2022-09-25 | 46.05% | +0.13 pp |
| Q4 2022 | 2022-06-26 | 45.31% | −0.89 pp |
| Q3 2022 | 2022-03-27 | 44.74% | −1.53 pp |
| Q2 2022 | 2021-12-26 | 46.80% | +0.39 pp |
| Q1 2022 | 2021-09-26 | 45.92% | −1.48 pp |
| Q4 2021 | 2021-06-27 | 46.20% | +0.34 pp |
| Q3 2021 | 2021-03-28 | 46.27% | −0.35 pp |
| Q2 2021 | 2020-12-27 | 46.40% | +0.74 pp |
| Q1 2021 | 2020-09-27 | 47.41% | +2.08 pp |
| Q4 2020 | 2020-06-28 | 45.86% | +0.08 pp |
| Q3 2020 | 2020-03-29 | 46.61% | +2.57 pp |
| Q2 2020 | 2019-12-29 | 45.66% | +0.27 pp |
| Q1 2020 | 2019-09-29 | 45.33% | −0.07 pp |
| Q4 2019 | 2019-06-30 | 45.78% | −1.55 pp |
| Q3 2019 | 2019-03-31 | 44.05% | −1.96 pp |
| Q2 2019 | 2018-12-23 | 45.39% | −1.32 pp |
| Q1 2019 | 2018-09-23 | 45.40% | −0.98 pp |
| Q4 2018 | 2018-06-24 | 47.33% | +1.74 pp |
| Q3 2018 | 2018-03-25 | 46.01% | +0.91 pp |
| Q2 2018 | 2017-12-24 | 46.71% | +1.73 pp |
| Q1 2018 | 2017-09-24 | 46.38% | +2.51 pp |
| Q4 2017 | 2017-06-25 | 45.59% | +0.39 pp |
| Q3 2017 | 2017-03-26 | 45.10% | +1.62 pp |
| Q2 2017 | 2016-12-25 | 44.99% | +1.04 pp |
| Q1 2017 | 2016-09-25 | 43.87% | −1.27 pp |
| Q4 2016 | 2016-06-26 | 45.19% | +1.88 pp |
| Q3 2016 | 2016-03-27 | 43.47% | +0.37 pp |
| Q2 2016 | 2015-12-27 | 43.95% | +0.40 pp |
| Q1 2016 | 2015-09-27 | 45.15% | +1.28 pp |
| Q4 2015 | 2015-06-28 | 43.31% | −1.30 pp |
| Q3 2015 | 2015-03-29 | 43.11% | −0.14 pp |
| Q2 2015 | 2014-12-28 | 43.55% | −0.16 pp |
| Q1 2015 | 2014-09-28 | 43.87% | +1.32 pp |
| Q4 2014 | 2014-06-29 | 44.61% | +2.63 pp |
| Q3 2014 | 2014-03-30 | 43.25% | +3.03 pp |
| Q2 2014 | 2013-12-29 | 43.71% | +7.07 pp |
| Q1 2014 | 2013-09-29 | 42.55% | +5.73 pp |
| Q4 2013 | 2013-06-30 | 41.97% | +1.77 pp |
| Q3 2013 | 2013-03-31 | 40.22% | −0.32 pp |
| Q2 2013 | 2012-12-23 | 36.64% | −3.57 pp |
| Q1 2013 | 2012-09-23 | 36.82% | −4.90 pp |
| Q4 2012 | 2012-06-24 | 40.20% | −4.81 pp |
| Q3 2012 | 2012-03-25 | 40.54% | −5.69 pp |
| Q2 2012 | 2011-12-25 | 40.21% | −6.58 pp |
| Q1 2012 | 2011-09-25 | 41.72% | −5.10 pp |
| Q4 2011 | 2011-06-26 | 45.01% | −1.23 pp |
| Q3 2011 | 2011-03-27 | 46.23% | −0.06 pp |
| Q2 2011 | 2010-12-26 | 46.79% | +1.39 pp |
| Q1 2011 | 2010-09-26 | 46.82% | +4.62 pp |
| Q4 2010 | 2010-06-27 | 46.23% | — |
| Q3 2010 | 2010-03-28 | 46.28% | — |
| Q2 2010 | 2009-12-27 | 45.40% | — |
| Q1 2010 | 2009-09-27 | 42.20% | — |
Lam Research gross margin trends
Over the last five reported fiscal years, Lam Research's gross margin increased from 46.53% to 50.47%, a change of +3.94 percentage points. The latest reported quarter, Q4 2026, shows 51.75%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lam Research filings at SEC.gov ↗