Lam Research posts record Q4 2026 earnings amid AI-driven chip demand
Lam Research reported fiscal Q4 2026 revenue of $6.72 billion, up 30% year over year, and earnings per share of $1.81, up 34% year over year. Adjusted gross margin reached 52% of revenue.
For the full fiscal year 2026, revenue grew 26% to $23.2 billion and net income rose 36% to about $7.3 billion. About 46% of the company's revenue comes from equipment used to produce DRAM and NAND memory chips. CEO Tim Archer said AI‑driven demand continues to reshape the semiconductor industry.
The company forecast September‑quarter revenue of $8.1 billion, plus or minus $0.4 billion, roughly 21% above the record Q4, and projected earnings per share of about $2.15 at the midpoint of that guidance.
Entities: DV Trading LLC · Lam Research · Liquidia Corporation · Paul B. Manning · Tim Archer
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Adjusted gross margin for Lam Research in fiscal Q4 2026 was 52% of revenue. (Lam Research)
- [○ 1 SOURCE] Lam Research projected September‑quarter earnings per share of about $2.15 at the guidance midpoint. (Lam Research)
- [● 2 SOURCES] Lam Research's fiscal Q4 2026 revenue was $6.72 billion, a 30% year‑over‑year increase. (Lam Research)
- [○ 1 SOURCE] Approximately 46% of Lam Research's total revenue comes from sales of equipment for DRAM and NAND memory chips. (Lam Research)
- [○ 1 SOURCE] Lam Research guided September‑quarter revenue of $8.1 billion, plus or minus $0.4 billion, about 21% above the record Q4. (Lam Research)
- [● 2 SOURCES] Lam Research's fiscal 2026 revenue grew 26% year‑over‑year to $23.2 billion. (Lam Research)
- [● 2 SOURCES] Lam Research's fiscal 2026 net income rose 36% to about $7.3 billion. (Lam Research)
- [● 2 SOURCES] Lam Research's fiscal Q4 2026 earnings per share were $1.81, a 34% year‑over‑year increase. (Lam Research)