Lam Research Q4 FY26: where the revenue came from and where it went
The whole income statement of Lam Research for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Mar 30 – Jun 28, 2026
- Reported
- Aug 7, 2026
Revenue$6.72B
+30% year over year
Gross profit$3.48B
52% margin
Operating profit$2.51B
37% margin
Net profit$2.28B
34% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.72 | 100% | +30% |
| System | 4.25 | 63% | +24% |
| Customer support & other | 2.47 | 37% | +43% |
| Cost of revenue | −3.24 | 48% | |
| Gross profit | 3.48 | 52% margin | +2pp |
| R&D | −0.64 | 9% | −2pp |
| SG&A | −0.32 | 5% | +0pp |
| Operating profit | 2.51 | 37% margin | +4pp |
| Other income, net | 0.04 | ||
| Tax | −0.28 | ||
| Net profit | 2.28 | 34% margin | +1pp |
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