FINHUB Insights

LRCX · Q1 FY26 · Jun 30 – Sep 28, 2025

Lam Research Q1 FY26: where the revenue came from and where it went

Lam Research Q1 FY26: revenue $5.3B (+28% year over year). Net profit $1.6B. Largest cohort System $3.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jun 30 – Sep 28, 2025
Reported
Oct 24, 2025 10-Q
Sankey diagram of Lam Research's income statement for Q1 FY26: revenue of $5.32 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.32B +28% year over year
Gross profit$2.69B 50% margin
Operating profit$1.83B 34% margin
Net profit$1.57B 29% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 28, 2025).
ItemValueShare of revenueYear over year
Revenue 5.32 100% +28%
System 3.55 67% +48%
Customer Support and Other 1.78 33% +0%
Cost of revenue−2.6450%
Gross profit2.6950% margin+2pp
Research & development−0.5811%−1pp
SG&A−0.285%−1pp
Operating profit1.8334% margin+4pp
Tax−0.29
Net profit1.5729%+3pp
Filing on EDGAR More quarters of LRCX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters