What is InsiderStreet.ai?

InsiderStreet.ai is a free financial intelligence platform tracking smart-money signals — insider trades, congressional stock disclosures, hedge fund positions, ETF flows, dark pool activity, and short interest — across 88,000+ securities.

How do I track which hedge funds own a stock?

On any stock page on InsiderStreet, the Hedge Fund Holders tab shows every fund holding that stock — names, position size, quarterly changes, and fund flows. Data is sourced from SEC institutional ownership disclosures.

How do I see which Congress members trade a stock?

Each stock page has a Smart Money tab that shows congressional disclosures under the STOCK Act — senators and representatives, transaction type, date, and dollar range — typically disclosed within 45 days of the trade.

LRCX

NASDAQ · USD

Lam Research Corporation

Technology · Semiconductors

CEO Timothy Archer Employees 23,300 R&D / revenue 10.2%

Live stock page Read the factsheet

Last price

$263.94−4.87%last session

Market cap

$330.3B

P/E (TTM)

45.6x

From 52w high

−39.8%

From 52w low

+94.8%

1-year return

+85.7%

RSI 14 · vs SMA200

30.3 · −6.4%

IS score

75.7/ 100

Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.

Download full factsheet (PDF)

One year, rebased to 100

LRCX SPY XLK (sector ETF) · weekly closes

Score DNA

Each bar is a 0-100 score within the scored universe

Profitability

Growth

Value

Momentum

100

Risk (safety)

Quality

Balance sheet

Earnings quality

Flags

Strengths

✓ Piotroski 8+✓ Net cash

Warnings

▲ Beneish M above -1.78

Observations

Moat model: Wide, Efficient ScalePiotroski 8 / 9Altman Z 30.7Beta 1.862 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.

INSForm 4 · 180 days

Insider open-market buys

53 open-market sales, $96.6M

Form 144 notices (12m): 23, $187.5M proposed, not confirmed sales

CONGSTOCK Act · 180 days

Congressional purchases

No disclosed purchases

Members disclose in ranges, 30-45 days after the trade

13F13F · quarter to 2026-06-30

Net change in institutional holders

+504

626 new holders, 96 closed

3,126 filers hold 86.2% · 1,074 added, 1,164 trimmed

ETFETF holdings · 30 days

Net funds accumulating

+526

2,233 funds adding shares

1,707 funds trimming · counts of funds, not dollars

DARKFINRA · daily

Short-sale share of off-exchange volume

36.3%

20-day avg 48.0%, 50-day avg 46.4%

Latest 11.7 pp under its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.

Income statement

Revenue$23.2B

Revenue growth YoY+26.0%

Gross margin50.5%

Operating income$8.2B

Operating margin35.3%

Net income$7.3B

Net margin31.3%

EPS (diluted)$5.76

Cash flow

Operating cash flow$5.9B

Capital expenditure$966.4M

Free cash flow$4.9B

FCF conversion (FCF / OCF)83.5%

Stock-based compensation$386.4M

FCF less SBC$4.5B

Buybacks$3.9B

Dividends$1.3B

Balance sheet & returns

Cash & short-term investments$5.6B

Total debt$3.8B

Net cash$1.8B

Shareholders' equity$12.5B

Goodwill & intangibles$1.9B

Debt / equity0.33

ROE (TTM)67.0%

ROIC (TTM)40.8%

Operating margin by fiscal year

Revenue $17.2B (FY2022) to $23.2B (FY2026), a 7.8% CAGR.

Valuation

P/E (TTM)45.6x

EV / EBITDA37.8x

Price / sales14.22x

Price / FCF67.5x

FCF yield1.48%

Buyback yield1.17%

SBC / revenue1.7%

Price / book26.56x

Forward P/E FY202727.7x

Forward multiples divide today's price by Street EPS estimates. Street mean target $367.80 across 10 analysts last quarter is theirs, not ours.

LRCX vs industry median

196 companies in Semiconductors

LRCX (TTM)Industry median Asset turnover 0.99 vs industry 0.52 · financial leverage 1.89

Earnings delivery

Next report 2026-10-21 · consensus EPS $2.18

92%

beat rate, 11 of 12 quarters

+6.5%

median EPS surprise

longest beat streak

EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-18 to 2026-07-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	12m return
LRCX Lam Research Corporation	$330.3B	45.6x	67.0%	31.3%	+26.0%	+85.7%
AMAT Applied Materials, Inc.	$324.8B	35.1x	41.1%	27.8%	+7.8%	+80.1%
TXN Texas Instruments Incorporat	$252.5B	41.8x	35.2%	36.2%	+16.7%	+61.6%
ARM Arm Holdings plc American De	$243.3B	234.8x	13.4%	20.9%	+25.1%	+33.1%
INTC Intel Corp.	$475.0B	n/m	-12.2%	-68.4%	+7.5%	+143.9%
KLAC KLA Corporation	$216.3B	45.0x	87.5%	37.3%	+11.7%	—
MRVL Marvell Technology, Inc.	$199.5B	74.7x	16.5%	11.2%	+30.6%	—
ADI Analog Devices, Inc.	$191.6B	46.7x	12.2%	33.3%	+33.6%	—

12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.

Recent 8-K filings

2026-08-27Officer/Director Change

2026-07-29Earnings Release; Exhibits

2026-04-22Earnings Release; Exhibits

2026-02-04Departure/Election of Directors; Appointment of Officers; Financial Statements and Exhibits

2026-02-03Departure/Election of Directors; Appointment of Officers; Financial Statements and Exhibits

2026-01-28Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding1,251,420,000

Free float99.6%

Institutional ownership86.2%

Beta1.86

Dividend yield0.42%

Last dividend$0.33 on 2026-09-23

50 / 200-day average$309.94 / $281.50

Mega-cap Technology median P/E33.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Wide).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where LRCX sits among 76 scored companies in Semiconductors (0 = lowest value, 100 = highest). It is a position, not a grade.

Valuation Profitability (TTM)Returns on capital Growth Margin history & stability Liquidity (latest quarter)Leverage & solvency (latest quarter)Efficiency Cash flow & earnings quality Dividends & buybacks Scores & forensic checks Per share Size (TTM)

Valuation

Measure	LRCX	Industry median	Industry percentile	Sector median
P/E (TTM)	45.5x	45.9x	49th	32.0x
PEG (P/E ÷ 3-yr EPS CAGR)	2.30	2.30	50th	1.36
Price / sales	14.2x	8.1x	75th	3.9x
Price / book	26.5x	5.5x	96th	4.4x
Price / tangible book	45.2x	10.3x	88th	8.8x
Price / free cash flow	67.5x	57.4x	61st	20.3x
Price / operating cash flow	56.4x	38.7x	69th	17.9x
Enterprise value	$328.8B	$6.8B	93rd	$5.5B
EV / sales	14.2x	8.4x	74th	4.1x
EV / EBITDA	37.8x	28.1x	61st	18.9x
EV / EBIT	39.8x	38.4x	55th	26.7x
EV / free cash flow	67.2x	57.4x	63rd	21.9x
Earnings yield	2.2%	1.2%	67th	2.0%
FCF yield	1.5%	1.4%	56th	3.3%
Operating cash flow yield	1.8%	2.0%	47th	4.4%
Graham number (per share)	$35.80	$34.80	54th	$28.08

Profitability (TTM)

Measure	LRCX	Industry median	Industry percentile	Sector median
Gross margin	50.5%	48.5%	57th	55.7%
EBITDA margin	37.5%	18.7%	86th	13.7%
Operating margin	35.3%	10.1%	89th	8.2%
EBIT margin	35.6%	12.1%	86th	8.6%
Net margin	31.3%	9.4%	91st	5.7%
NOPAT margin	31.0%	9.3%	88th	7.0%
FCF margin	21.1%	12.0%	75th	15.0%
Operating cash flow margin	25.2%	18.3%	71st	18.4%
R&D / revenue	10.2%	17.5%	24th	12.9%
SG&A / revenue	4.9%	14.9%	7th	25.6%
Stock comp / revenue	1.7%	3.9%	21st	4.4%
Effective tax rate	12.1%	17.4%	19th	21.0%

Returns on capital

Measure	LRCX	Industry median	Industry percentile	Sector median
ROE (on average equity)	65.1%	6.8%	96th	9.4%
ROA	32.4%	4.2%	97th	4.1%
ROIC	65.5%	7.9%	93rd	9.0%
ROCE	47.0%	6.6%	97th	8.6%
Return on tangible assets	36.8%	5.7%	96th	5.9%
Cash ROIC (OCF / invested capital)	53.2%	14.1%	95th	20.7%
Gross profitability (GP / assets)	49.8%	21.5%	96th	30.0%
ROIC, 3-yr average	53.3%	6.8%	96th	7.4%
ROIC, 5-yr average	62.6%	16.5%	87th	7.9%
ROE, 5-yr average	57.1%	10.9%	97th	6.9%
Incremental ROIC	126.6%	13.4%	89th	15.3%

Growth

Measure	LRCX	Industry median	Industry percentile	Sector median
Revenue growth (TTM YoY)	26.0%	17.8%	64th	14.3%
Revenue growth (QoQ)	15.1%	13.2%	56th	6.6%
Revenue CAGR, 3 yr	10.1%	3.5%	66th	9.6%
Revenue CAGR, 5 yr	9.7%	6.5%	61st	11.5%
Gross profit CAGR, 3 yr	14.7%	2.6%	70th	10.9%
Operating income CAGR, 3 yr	16.6%	-2.2%	75th	11.3%
Net income growth (TTM YoY)	35.6%	35.4%	51st	21.6%
Net income CAGR, 3 yr	17.2%	1.9%	74th	9.9%
EPS growth (TTM YoY)	37.3%	37.4%	49th	22.3%
EPS CAGR, 3 yr	19.7%	-0.5%	77th	11.2%
EPS CAGR, 5 yr	16.2%	7.5%	68th	12.0%
FCF growth (TTM YoY)	-14.4%	31.5%	20th	24.6%
FCF CAGR, 3 yr	1.5%	2.9%	49th	19.3%
Operating cash flow CAGR, 3 yr	4.2%	4.1%	54th	17.9%
Book value CAGR, 3 yr	17.4%	7.2%	79th	6.8%
Dividend CAGR, 3 yr	5.6%	1.9%	70th	3.1%
Sustainable growth rate	53.7%	10.7%	94th	14.2%

Margin history & stability

Measure	LRCX	Industry median	Industry percentile	Sector median
Gross margin, 3-yr average	48.8%	47.6%	57th	53.2%
Operating margin, 3-yr average	32.0%	8.0%	90th	6.6%
Net margin, 3-yr average	28.7%	7.9%	90th	5.2%
FCF margin, 3-yr average	26.9%	11.5%	89th	12.7%
Revenue stability (0-1)	0.63	0.58	56th	0.87
Earnings stability (0-1)	0.59	0.36	72nd	0.45
Margin stability (0-1)	0.95	0.93	71st	0.95

Liquidity (latest quarter)

Measure	LRCX	Industry median	Industry percentile	Sector median
Cash & short-term investments	$5.6B	$667.9M	88th	$494.1M
Net cash (− = net debt)	$1.5B	$201.8M	91st	$49.8M
Working capital	$9.7B	$953.3M	89th	$391.0M
Current ratio	2.63	3.45	32nd	1.92
Quick ratio	1.91	2.56	33rd	1.67
Cash ratio (cash + ST investments / current liabilities)	0.94	1.60	25th	0.95
Defensive interval (days)	1,130 days	778 days	72nd	521 days

Leverage & solvency (latest quarter)

Measure	LRCX	Industry median	Industry percentile	Sector median
Total debt	$4.1B	$307.1M	80th	$349.3M
Debt / equity	0.33	0.17	64th	0.29
Net debt / equity	−0.12	−0.19	60th	−0.13
Debt / assets	17.5%	11.2%	59th	16.9%
Debt / capital	24.8%	14.8%	64th	22.3%
Debt / EBITDA	0.47	1.14	37th	1.78
Net debt / EBITDA	−0.17	−0.82	64th	−0.18
Interest coverage (EBIT / interest)	66.5x	12.4x	81st	5.8x
Cash interest coverage	47.1x	15.4x	72nd	12.8x
Debt payback (years of OCF)	0.7 yrs	1.2 yrs	40th	1.6 yrs
Liabilities / assets	47.0%	30.8%	69th	48.7%
IS credit model rating	AA+	—		—
Implied credit spread (bps)	65	125	0th	175

Efficiency

Measure	LRCX	Industry median	Industry percentile	Sector median
Asset turnover	1.04	0.52	97th	0.62
Fixed asset turnover	7.86	4.69	79th	9.25
Inventory turnover	2.7	2.7	51st	3.8
Receivables turnover	5.3	6.3	33rd	6.2
Days sales outstanding	68 days	58 days	67th	59 days
Days inventory outstanding	136 days	137 days	49th	94 days
Days payables outstanding	34 days	50 days	12th	46 days
Cash conversion cycle (days)	170 days	129 days	65th	50 days
Capex / revenue	4.2%	4.5%	41st	2.3%
Capex / depreciation	2.19	0.94	85th	0.56
Operating expense ratio	14.4%	32.6%	9th	44.3%

Cash flow & earnings quality

Measure	LRCX	Industry median	Industry percentile	Sector median
Operating cash flow / net income	0.81	1.34	15th	1.61
FCF / net income	0.67	0.88	27th	1.33
FCF / operating cash flow	83.5%	75.0%	67th	88.0%
Capex / operating cash flow	16.5%	25.0%	33rd	12.0%
Accruals ratio	6.3%	-4.4%	93rd	-6.3%
Sloan accruals ratio	5.7%	2.2%	57th	-1.8%
Earnings quality score (0-1)	0.75	0.75	15th	0.75

Dividends & buybacks

Measure	LRCX	Industry median	Industry percentile	Sector median
Dividend yield	0.4%	0.0%	73rd	0.0%
Dividend per share (TTM)	$1.11	$0.00	84th	$0.00
Payout ratio (dividends / net income)	17.5%	5.0%	63rd	0.0%
Dividends / FCF	26.0%	0.0%	70th	0.0%
Dividend growth (YoY)	11.9%	3.6%	70th	4.1%
Buyback yield	1.2%	0.1%	83rd	1.2%
Shareholder yield (dividends + buybacks)	1.6%	0.3%	72nd	1.7%
Share count change (YoY)	-1.2%	1.6%	14th	0.1%
Buybacks, last 5 years	$19.7B	$67.3M	96th	$215.3M

Scores & forensic checks

Measure	LRCX	Industry median	Industry percentile	Sector median
IS score	76	59	81st	56
IS profitability	96	43	92nd	40
IS growth	83	69	88th	65
IS value	40	36	71st	39
IS momentum	86	79	64th	78
IS risk (safety)	100	100	12th	100
IS quality	85	70	87th	67
IS balance sheet	92	84	73rd	72
IS earnings quality	52	65	31st	61
IS cash flow	62	58	60th	66
Piotroski F-score (0-9)	8	6	91st	6
Altman Z-score	30.7	12.3	81st	4.0
Beneish M-score	−1.70	−2.45	79th	−2.58
Ohlson O-score	−10.54	−9.33	29th	−8.00
IS credit score	93	78	91st	69

Per share

Measure	LRCX	Industry median	Industry percentile	Sector median
EPS, diluted (TTM)	$5.76	$1.49	81st	$0.84
Book value per share	$9.89	$17.90	27th	$9.77
Tangible book per share	$8.43	$11.01	37th	$3.22
Revenue per share	$18.42	$13.47	63rd	$13.00
FCF per share	$3.88	$1.50	79th	$1.78
Operating cash flow per share	$4.64	$2.35	72nd	$2.40
Cash per share	$4.42	$6.31	32nd	$4.50

Size (TTM)

Measure	LRCX	Industry median	Industry percentile	Sector median
Market cap	$330.3B	$6.8B	93rd	$4.7B
Revenue	$23.2B	$1.1B	91st	$1.2B
EBITDA	$8.7B	$207.9M	91st	$185.8M
Net income	$7.3B	$119.3M	93rd	$84.9M
Free cash flow	$4.9B	$114.6M	89th	$170.6M
Total assets	$23.5B	$2.3B	83rd	$2.4B
Shareholders' equity	$12.5B	$1.4B	84th	$1.1B
Employees	23,300	2,286	83rd	3,000

Insider transactions, last 6 months

Form 4 · most recent 12

Date	Insider	Type	Shares	Price	Value	Owned after
2026-09-09	Archer Timothy President and CEO	Open-market sale	30,000	$319.26	$9.6M	1,075,966
2026-09-09	Mayer Bethany Director	Open-market sale	9,557	$314.74	$3.0M	20,995
2026-09-02	Varadarajan Seshasayee Senior Vice President	Open-market sale	27,480	$291.32	$8.0M	205,546
2026-09-02	Varadarajan Seshasayee Senior Vice President	Option exercise	12,270	$59.88	$734,740	217,816
2026-09-02	Varadarajan Seshasayee Senior Vice President	Option exercise	12,270	$59.88	$734,740	0
2026-08-31	Harter Ava Chief Legal Officer	Open-market sale	5,000	$302.46	$1.5M	42,462
2026-08-06	Archer Timothy President and CEO	Open-market sale	30,000	$300.00	$9.0M	1,075,966
2026-08-05	Harter Ava Chief Legal Officer	Tax withholding	5,790	$307.42	$1.8M	47,462
2026-07-13	Talwalkar Abhijit Y Director	Open-market sale	18,282	$335.00	$6.1M	87,142
2026-07-02	Archer Timothy President and CEO	Open-market sale	30,000	$390.01	$11.7M	1,075,966
2026-06-12	Brandt Eric Director	Open-market sale	300	$355.71	$106,713	198,905
2026-06-12	Brandt Eric Director	Open-market sale	1,393	$357.24	$497,635	197,512

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types

By transaction type, 6 months

Type	Direction	Filings	Shares	Value
Open-market sale	Disposed	53	291,158	$96.6M
Option exercise	Disposed	2	18,280	$1.2M
Option exercise	Acquired	2	18,280	$1.2M
Tax withholding	Disposed	1	5,790	$1.8M

Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 23 notices · 727,522 shares · $187.5M

Filed	Filer	Shares proposed	Est. proceeds
2026-09-09	Archer Timothy	30,000	$9.6M
2026-09-09	Bethany Mayer	9,557	$3.0M
2026-09-02	Varadarajan Seshasayee	59,750	$17.4M
2026-08-31	Harter Ava	5,000	$1.5M

A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 27 trades (6 purchases) · Senate 7 (2 purchases)

Traded	Member	Chamber	Type	Amount	Disclosed
2026-08-13	Sheldon Whitehouse	Senate	Sale	$1,001 - $15,000	2026-09-02
2026-08-13	Sheldon Whitehouse	Senate	Sale (Partial)	$1,001 - $15,000	2026-09-02
2026-08-13	Sheldon Whitehouse	Senate	Sale (Partial)	$1,001 - $15,000	2026-09-01
2026-06-05	David Taylor	House	Sale	$1,001 - $15,000	2026-06-15
2026-06-05	David Taylor	House	Sale (Full)	$1,001 - $15,000	2026-06-15
2026-06-04	David J. Taylor	House	Sale (Full)	$1,001 - $15,000	2026-06-15
2026-04-27	David Taylor	House	Sale	$1,001 - $15,000	2026-05-08
2026-01-08	John Boozman	Senate	Sale	$1,001 - $15,000	2026-02-15

STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed

Manager	Shares	Value	% of shares out
BlackRock, Inc.	132,727,776	$57.5B	10.61%
VANGUARD CAPITAL MANAGEMENT LLC	81,683,639	$35.4B	6.53%
STATE STREET CORP	60,704,130	$26.3B	4.85%
Invesco Ltd.	52,319,973	$22.7B	4.18%
JPMORGAN CHASE & CO	39,574,254	$16.3B	3.16%
VANGUARD PORTFOLIO MANAGEMENT LLC	36,635,534	$15.9B	2.93%
GEODE CAPITAL MANAGEMENT, LLC	34,506,240	$14.9B	2.76%
FMR LLC	33,677,858	$14.6B	2.69%
PRICE T ROWE ASSOCIATES INC /MD/	24,596,295	$10.7B	1.97%
NORGES BANK	18,123,399	$7.9B	1.45%
AMERIPRISE FINANCIAL INC	17,334,906	$7.5B	1.39%
FRANKLIN RESOURCES INC	13,064,808	$5.7B	1.04%
GOLDMAN SACHS GROUP INC	12,724,387	$5.5B	1.02%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	12,269,198	$5.3B	0.98%
BANK OF AMERICA CORP /DE/	11,244,147	$4.9B	0.90%

Institutional ownership by quarter

% of shares held by 13F filers

Number of 13F filers holding

Holder changes by quarter

Quarter	Holders	Ownership	New	Increased	Reduced	Closed
2026-06-30	3,126	86.2%	626	1,074	1,164	96
2026-03-31	2,622	80.7%	406	891	1,062	104
2025-12-31	2,365	83.8%	454	760	889	116
2025-09-30	2,079	81.1%	353	757	716	92
2025-06-30	1,847	84.0%	247	735	656	132
2025-03-31	1,762	83.0%	303	704	528	131
2024-12-31	1,611	82.1%	1,491	112	7	8
2024-09-30	132	14.8%	127	4	0	0
2024-06-30	5	0.0%	2	0	1	0
2024-03-31	3	0.0%	1	0	1	0
2023-12-31	3	0.3%	1	0	0	1
2023-09-30	3	0.0%	1	0	0	0

Schedule 13D / 13G filers

Filed	Form	Filer	% of class	Shares
2026-04-30	SCHEDULE 13G	Vanguard Capital Management	7.5%	93,575,293
2025-04-08	SCHEDULE 13G/A	The Vanguard Group	10.1%	129,149,892
2025-04-07	SCHEDULE 13G	The Vanguard Group	10.1%	129,149,892

Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETF	Weight in fund	Holding value
VITSX	0.56%	$13.0B
VTI	0.56%	$13.0B
VTSAX	0.56%	$13.0B
VSMPX	0.56%	$13.0B
VOO	0.62%	$10.8B
VFINX	0.62%	$10.8B

Share structure

Shares outstanding1,251,420,000

Float1,246,478,388

Free float99.6%

Income statement

Fiscal years, USD

	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$17.2B	$17.4B	$14.9B	$18.4B	$23.2B
Cost of revenue	$9.4B	$9.7B	$7.9B	$9.5B	$11.5B
Gross profit	$7.9B	$7.8B	$7.1B	$9.0B	$11.7B
R&D	$1.6B	$1.7B	$1.9B	$2.1B	$2.4B
SG&A	$885.7M	$832.8M	$868.2M	$981.7M	$1.1B
Operating income	$5.4B	$5.2B	$4.3B	$5.9B	$8.2B
EBITDA	$5.7B	$5.6B	$4.9B	$6.3B	$8.7B
Pretax income	$5.2B	$5.1B	$4.4B	$6.0B	$8.3B
Income tax	$587.8M	$598.3M	$532.5M	$599.9M	$997.1M
Net income	$4.6B	$4.5B	$3.8B	$5.4B	$7.3B
EPS, diluted	$3.28	$3.32	$2.90	$4.15	$5.76
Diluted shares	1.4B	1.4B	1.3B	1.3B	1.3B

Balance sheet

	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & short-term investments	$3.7B	$5.4B	$5.8B	$6.4B	$5.6B
Receivables	$4.3B	$2.8B	$2.5B	$3.4B	$5.3B
Inventory	$4.0B	$4.8B	$4.2B	$4.3B	$4.3B
Total current assets	$12.3B	$13.2B	$12.9B	$14.5B	$15.6B
PP&E, net	$1.6B	$1.9B	$2.2B	$2.4B	$3.0B
Goodwill & intangibles	$1.6B	$1.8B	$1.8B	$1.8B	$1.9B
Total assets	$17.2B	$18.8B	$18.7B	$21.3B	$23.5B
Accounts payable	$1.0B	$470.7M	$614.0M	$854.2M	$1.3B
Total current liabilities	$4.6B	$4.2B	$4.3B	$6.6B	$5.9B
Long-term debt	$5.0B	$5.0B	$4.5B	$3.7B	$3.7B
Total liabilities	$10.9B	$10.6B	$10.2B	$11.5B	$11.1B
Shareholders' equity	$6.3B	$8.2B	$8.5B	$9.9B	$12.5B

Cash flow statement

Outflows are negative

	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	$4.6B	$4.5B	$3.8B	$5.4B	$7.3B
Depreciation & amortization	$333.7M	$342.4M	$359.7M	$386.3M	$441.5M
Stock-based compensation	$259.1M	$286.6M	$293.1M	$343.4M	$386.4M
Change in working capital	−$1.8B	$158.7M	$360.5M	$441.8M	−$1.9B
Operating cash flow	$3.1B	$5.2B	$4.7B	$6.2B	$5.9B
Capital expenditure	−$546.0M	−$501.6M	−$396.7M	−$759.2M	−$966.4M
Free cash flow	$2.6B	$4.7B	$4.3B	$5.4B	$4.9B
Investing cash flow	$612.3M	−$534.6M	−$370.6M	−$708.1M	−$922.2M
Net debt issued / repaid	−$11.9M	−$23.2M	−$256.1M	−$507.5M	−$755.4M
Buybacks	−$3.9B	−$2.0B	−$2.8B	−$3.4B	−$3.9B
Dividends paid	−$815.3M	−$907.9M	−$1.0B	−$1.1B	−$1.3B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end

	FY2022	FY2023	FY2024	FY2025	FY2026
Gross margin	45.7%	44.6%	47.3%	48.7%	50.5%
Operating margin	31.2%	29.7%	28.6%	32.0%	35.3%
Net margin	26.7%	25.9%	25.7%	29.1%	31.3%
FCF margin	14.8%	26.8%	28.6%	31.0%	21.1%
ROE	74.8%	62.3%	45.7%	58.2%	65.1%
ROIC	62.6%	58.2%	48.8%	64.5%	65.5%
ROA	27.8%	25.1%	20.4%	26.7%	32.4%
Debt / equity	0.80	0.61	0.58	0.48	0.33
Interest coverage	29.1x	28.4x	24.5x	34.2x	66.5x
Current ratio	2.69	3.16	2.97	2.21	2.63
Revenue growth	+17.8%	+1.2%	−14.5%	+23.7%	+26.0%
EPS growth	+22.3%	+0.8%	−13.6%	+44.7%	+37.3%
P/E at year end	12.3x	18.7x	36.2x	23.1x	65.8x
EV / EBITDA at year end	10.2x	14.9x	28.0x	18.8x	54.8x
FCF yield at year end	4.51%	5.55%	3.07%	4.62%	1.02%
Dividend payout	17.7%	20.1%	26.6%	21.5%	17.5%

Revenue by segment

	FY2022	FY2023	FY2024	FY2025	FY2026
System	$11.3B	$10.7B	$8.9B	$11.5B	$14.9B
Customer Support and Other	$5.9B	$6.7B	$6.0B	$6.9B	$8.3B

Revenue by region · FY2026

CHINA$7.9B · 34%

TAIWAN, PROVINCE OF CHINA$5.2B · 22%

KOREA, REPUBLIC OF$4.5B · 19%

JAPAN$2.2B · 9%

UNITED STATES$1.5B · 7%

South East Asia$1.2B · 5%

Europe$698.7M · 3%

Street estimates by fiscal year

Next report 2026-10-21 · consensus EPS $2.18 · these are analysts' numbers, not ours

Fiscal year	Revenue (mean)	Revenue range	EPS (mean)	EPS range	Analysts	P/E on mean EPS
2026	$23.2B	$23.1B – $23.4B	$5.70	$5.66 – $5.75	21	46.3x
2026	$23.2B	$23.1B – $23.4B	$5.70	$5.66 – $5.75	21	46.3x
2027	$35.0B	$31.6B – $37.2B	$9.53	$8.61 – $10.24	22	27.7x

Reported vs expected, every quarter on file

Reported	EPS expected	EPS actual	EPS surprise	Revenue expected	Revenue actual	Revenue surprise
2026-07-29	$1.69	$1.82	+7.7%	$6.7B	$6.7B	+0.9%
2026-04-22	$1.36	$1.47	+8.1%	$5.8B	$5.8B	+1.6%
2026-01-28	$1.17	$1.27	+8.5%	$5.2B	$5.3B	+2.1%
2025-10-22	$1.22	$1.26	+3.3%	$5.2B	$5.3B	+1.9%
2025-07-30	$1.21	$1.33	+9.9%	$5.0B	$5.2B	+3.3%
2025-04-23	$1.00	$1.04	+4.0%	$4.6B	$4.7B	+1.7%
2025-01-29	$0.88	$0.91	+3.6%	$4.3B	$4.4B	+1.4%
2024-10-23	$0.81	$0.86	+6.2%	$4.1B	$4.2B	+2.7%
2024-07-31	$0.76	$0.81	+6.9%	$3.8B	$3.9B	+1.3%
2024-04-24	$7.30	$0.78	−89.3%	$3.7B	$3.8B	+1.9%
2024-01-24	$0.71	$0.75	+5.6%	$3.7B	$3.8B	+1.3%
2023-10-18	$0.61	$0.69	+13.1%	$3.5B	$3.5B	−0.9%
2023-07-26	$0.50	$0.60	+20.0%	$3.1B	$3.2B	+2.5%
2023-04-19	$0.65	$0.70	+7.7%	$3.1B	$3.9B	+23.6%
2023-01-25	$1.00	$1.07	+7.0%	$5.1B	$5.3B	+3.5%
2022-10-19	$0.95	$1.04	+9.5%	$4.9B	$5.1B	+3.1%
2022-07-27	$0.73	$0.88	+20.5%	$4.2B	$4.6B	+9.6%
2022-04-20	$0.75	$0.74	−1.3%	$4.2B	$4.1B	−4.4%
2022-01-26	$0.85	$0.85	0.0%	$4.4B	$4.2B	−4.2%
2021-10-20	$0.81	$0.84	+3.7%	$4.3B	$4.3B	−0.4%
2021-07-28	$0.75	$0.81	+8.0%	$4.3B	$4.1B	−4.1%
2021-04-21	$0.66	$0.75	+13.6%	$3.7B	$3.8B	+4.2%
2021-01-27	$0.56	$0.60	+7.1%	$3.3B	$3.5B	+5.5%
2020-10-21	$0.52	$0.57	+9.6%	$2.9B	$3.2B	+9.0%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)

Week of	Notional	Shares	Trades
2026-08-31	$2.5B	8,545,133	165,506
2026-08-24	$2.5B	7,989,104	156,537
2026-08-17	$3.2B	10,120,866	212,258
2026-08-10	$2.9B	9,060,545	189,551
2026-08-03	$3.8B	12,477,183	228,422
2026-07-27	$6.3B	22,217,147	351,577

Short-sale share of off-exchange volume

daily 20-day average

Date	Short share	Short volume	Total volume
2026-10-15	36.3%	1,896,306	5,227,987
2026-10-14	38.6%	1,269,023	3,291,317
2026-10-13	40.9%	1,241,996	3,040,037
2026-10-12	28.7%	575,896	2,003,855
2026-10-09	46.4%	853,636	1,837,945
2026-10-08	49.4%	1,737,332	3,514,945
2026-10-07	48.5%	1,104,373	2,275,450
2026-10-06	49.3%	1,507,073	3,058,901
2026-10-05	47.3%	1,100,119	2,326,809
2026-10-02	57.5%	1,649,879	2,871,544

A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month

Month	Avg return	Up years	Years
Jan	+2.2%	55%	20
Feb	+1.0%	55%	20
Mar	+1.6%	57%	21
Apr	+3.1%	60%	20
May	+2.3%	60%	20
Jun	+0.3%	55%	20
Jul	+4.2%	65%	20
Aug	−2.4%	40%	20
Sep	+2.5%	55%	20
Oct	+3.6%	70%	20
Nov	+3.3%	50%	20
Dec	+1.6%	60%	20

History, not a forecast.

Indicators

as of 2026-10-16

RSI 1430.3

MFI29.7

ADX18.2

Stochastic %K / %D5.7 / 10.0

Williams %R-99.3

CCI-182

TSI / signal-9.7 / 3.4

Chaikin money flow0.20

ATR$14.37

Bollinger width26.8%

Volume vs 20-day avg1.28x

SupertrendDown

Moving averages and bands

level (price vs level)

SMA 20$314.21 (−16.0%)

SMA 50$309.03 (−14.6%)

SMA 200$281.87 (−6.4%)

EMA 21$306.07 (−13.8%)

EMA 50$309.29 (−14.7%)

EMA 200$275.61 (−4.2%)

Bollinger upper$356.25 (−25.9%)

Bollinger lower$272.18 (−3.0%)

Parabolic SAR$334.04 (−21.0%)

Open the live chart, 110+ indicators

About Lam Research Corporation

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

https://www.lamresearch.com

Key executives

Name	Title	Pay	Born
Timothy Archer	President, Chief Executive Officer & Director	$6.8M	1967
Douglas R. Bettinger	Executive Vice President & Chief Financial Officer	$2.6M	1967
Seshasayee Varadarajan	Executive Vice President & Chief Operating Officer	$2.3M	1975
Vahid Vahedi	Senior Vice President, Chief Technology & Sustainability Officer	$1.9M	1966
Neil J. Fernandes	Senior Vice President of Global Customer Operations	$1.9M	1967
Ava Harter	Senior Vice President, Chief Legal Officer & Secretary	$1.7M	1970
Karthik Rammohan	Senior Vice President of Global Operations & Enterprise Solutions	—	1969
Mary Teresa Hassett	Senior Vice President & Chief Human Resources Officer	—	1974

Executive pay, latest proxy

Executive	Year	Salary	Stock awards	Incentive	Total
Timothy M. Archer President, Chief Executive Officer	2026	$1.3M	$33.5M	$5.4M	$40.4M
Douglas R. Bettinger Executive Vice President, Chief Financial Officer	2026	$785,962	$8.2M	$1.6M	$10.8M
Seshasayee (Sesha) Varadarajan Executive Vice President, Chief Operating Officer	2026	$778,423	$8.2M	$1.5M	$10.6M
Vahid Vahedi Senior Vice President, Chief Technology and Sustainability Officer	2026	$668,269	$5.2M	$1.2M	$7.1M
Neil J. Fernandes Senior Vice President, Global Customer Operations	2026	$650,096	$4.8M	$1.2M	$6.6M

Employees

Dividends

Ex-date	Amount	Paid
2026-09-23	$0.33	2026-10-14
2026-06-17	$0.26	2026-07-08
2026-03-04	$0.26	2026-04-08
2025-12-03	$0.26	2026-01-07
2025-09-24	$0.26	2025-10-15
2025-06-18	$0.23	2025-07-09
2025-03-05	$0.23	2025-04-09
2024-12-11	$0.23	2025-01-08

Moat model

Wide · Efficient Scale · 2026-06-28

Cost advantage83

Intangibles59

Switching costs55

Network effect75

Efficient scale100

Our component scores (0-100) and overall 71.4; a model of the business, not a call on the stock.

InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

LRCX

One year, rebased to 100

Score DNA

Flags

Smart-money strip

Key financials · FY2026

Valuation

LRCX vs industry median

Earnings delivery

Peers

Recent 8-K filings

Context

Full factsheet

All fundamentals · 140 measures in 13 categories

Valuation

Profitability (TTM)

Returns on capital

Growth

Margin history & stability

Liquidity (latest quarter)

Leverage & solvency (latest quarter)

Efficiency

Cash flow & earnings quality

Dividends & buybacks

Scores & forensic checks

Per share

Size (TTM)

Insider transactions, last 6 months

Shares acquired vs disposed, by month

By transaction type, 6 months

Form 144 notices

Congress trades

Largest 13F holders

Institutional ownership by quarter

Holder changes by quarter

Schedule 13D / 13G filers

ETFs with the largest holding

Share structure

Income statement

Balance sheet

Cash flow statement

Ratio history

Revenue by segment

Revenue by region · FY2026

Street estimates by fiscal year

Reported vs expected, every quarter on file

Off-exchange (dark pool) volume, weekly

Short-sale share of off-exchange volume

Seasonality

Indicators

Moving averages and bands

About Lam Research Corporation

Key executives

Executive pay, latest proxy

Employees

Dividends

Moat model

Sign in to InsiderStreet