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AI English summary of an SEC filing — figures as filed

Lam Research logoLam Research LRCX

The company said revenue for the September 2026 quarter was $8.22 billion, with U.S. GAAP gross margin of 52.3%, operating margin of 40.0% and diluted EPS of $2.19. Revenue for the June 2026 quarter was $6.72 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for the September 2026 quarter was $8.22 billion, with U.S. GAAP gross margin of 52.3%, operating margin of 40.0% and diluted EPS of $2.19. Revenue for the June 2026 quarter was $6.72 billion.

  2. Lam Research said non-GAAP gross margin for the September 2026 quarter was 52.4%, non-GAAP operating margin was 40.2% and non-GAAP diluted EPS was $2.20. For the June 2026 quarter, the figures were 52.0%, 38.4% and $1.82, respectively.

  3. The company reported net cash provided by operating activities of $3,497,652 thousand for the September 2026 quarter, and said it used $1,024,965 thousand for treasury stock purchases and $325,402 thousand for dividend payments. Cash, cash equivalents and restricted cash balances were $7.45 billion, up from $5.60 billion at the end of the June 2026 quarter.

  4. The company provided guidance for revenue of $8.60 billion (±$400 million), U.S. GAAP diluted EPS of $2.33 (±$0.15) and a diluted share count of 1.253 billion for the quarter ending December 27, 2026. It said the figures are its estimates and actual results may vary.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

U.S. GAAP Results for September 2026 Quarter

The company said revenue for the September 2026 quarter was $8.22 billion, with U.S. GAAP gross margin of 52.3%, operating margin of 40.0% and diluted EPS of $2.19. Revenue for the June 2026 quarter was $6.72 billion.

Source · Based on the filing body and exhibits

Non-GAAP Metrics Comparison

Lam Research said non-GAAP gross margin for the September 2026 quarter was 52.4%, non-GAAP operating margin was 40.2% and non-GAAP diluted EPS was $2.20. For the June 2026 quarter, the figures were 52.0%, 38.4% and $1.82, respectively.

Source · Based on the filing body and exhibits

Cash Flow and Cash Balance

The company reported net cash provided by operating activities of $3,497,652 thousand for the September 2026 quarter, and said it used $1,024,965 thousand for treasury stock purchases and $325,402 thousand for dividend payments. Cash, cash equivalents and restricted cash balances were $7.45 billion, up from $5.60 billion at the end of the June 2026 quarter.

Source · Based on the filing body and exhibits

Outlook for the Quarter Ending December 2026

The company provided guidance for revenue of $8.60 billion (±$400 million), U.S. GAAP diluted EPS of $2.33 (±$0.15) and a diluted share count of 1.253 billion for the quarter ending December 27, 2026. It said the figures are its estimates and actual results may vary.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.