Lam Research (LRCX) Revenue — Quarter Ended Dec 28, 2025
Lam Research's revenue rose year over year in the latest quarter, with a slight sequential gain. The company continued its upward trend, though the pace of growth moderated from the prior quarter.
Key takeaway
Quarter ended Dec 28, 2025 · FY2026 Q2
Lam Research's revenue rose year over year in the latest quarter, with a slight sequential gain. The company continued its upward trend, though the pace of growth moderated from the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.3B
Revenue reported for this quarter.
Quarter-over-quarter
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+22.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 30, 2025 | $4.7B | +24.4% |
| Jun 29, 2025 | $5.2B | +33.6% |
| Sep 28, 2025 | $5.3B | +27.7% |
| Dec 28, 2025 | $5.3B | +22.1% |
Revenue performance
Revenue increased significantly compared with the same quarter last year, reflecting strong demand. Sequentially, revenue edged up only modestly, indicating a plateauing after prior strong gains.
Quarterly comparison
Compared with the immediately preceding quarter, revenue posted a modest increase. Versus the same quarter one year earlier, revenue delivered a substantial increase, underscoring a robust year-over-year performance.
What to watch
Monitor whether the sequential revenue growth rate can re-accelerate after the recent deceleration.