Lam Research (LRCX) Revenue — Quarter Ended Mar 29, 2026
Revenue rose in the March quarter, continuing a growth trend. The increase was observed compared to both the preceding quarter and the same period a year earlier.
Key takeaway
Quarter ended Mar 29, 2026 · FY2026 Q3
Revenue rose in the March quarter, continuing a growth trend. The increase was observed compared to both the preceding quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
+9.3%
Change from the immediately preceding quarter.
Year-over-year
+23.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.7B
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 |
|---|---|---|
| Jun 29, 2025 | $5.2B | +33.6% |
| Sep 28, 2025 | $5.3B | +27.7% |
| Dec 28, 2025 | $5.3B | +22.1% |
| Mar 29, 2026 | $5.8B | +23.8% |
Revenue performance
The company delivered higher revenue, supported by strong operating cash flows. Cash generated from operations remained robust, enabling significant share repurchases and dividend payments.
Quarterly comparison
Revenue improved sequentially and was substantially above the level reported in the same quarter last year. The upward trajectory has been consistent over recent quarters.
What to watch
The cash balance decreased notably due to share repurchases and dividends, which may warrant attention regarding future liquidity management.