U.S. COMPANY FILING
LAM RESEARCH CORP — Form 10-Q filed 2026-04-23
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Lam Research reported Q3 FY2026 revenue of $5.84B, up 24% YoY, with net income of $1.83B and diluted EPS of $1.45. Nine-month revenue reached $16.51B, up 24%. The company repurchased $3.6B in stock, paid $945M in dividends, and repaid $754M in debt. Gross margin improved to 49.8%. Management sees AI driving industry growth but faces risks from trade restrictions and tariffs.
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