Lam Research Reports $2.75 Billion Net Income for Quarter Ended September 2026
Key Facts
Lam Research Corporation announced its financial results for the quarter ended September 27, 2026, reporting net income of $2.75 billion, or $2.19 per diluted share. According to a company statement via PR Newswire, the quarterly revenue reached $8.22 billion, with a gross margin of $4.30 billion, representing 52.3% of revenue.
LRCX closed at $263.45 on October 20, 2026, prior to the release of results that showed cash and cash equivalents increased to $7.45 billion. In related sector news, ARAY closed at $0.142 and SERA closed at $2.03 on October 20, 2026, as both companies confirmed their upcoming earnings schedules.
Accuray Incorporated and Sera Prognostics are both scheduled to report their respective financial results on November 4, 2026, with Accuray focusing on its first quarter fiscal 2027 performance.