On Jan 28, 2026, LRCX reported earnings of 1.27 USD per share (EPS) for Q2 26, beating the estimate of 1.19 USD, resulting in a 6.41% surprise. Revenue reached 5.34 billion, compared to an expected 5.36 billion, with a -0.29% difference. The market reacted with a +3.59% price change (close before vs. close after earnings).
Looking ahead to Q3 26, 24 analysts forecast an EPS of 1.37 USD, with revenue projected to reach 5.80 billion USD, implying an increase of 7.87% EPS, and increase of 8.52% in Revenue from the last quarter.
Industry Peers’ Earnings
Industry Peers' Earnings displays EPS earnings data from companies in the same industry. Click on a card to view more details.
Qualcomm Inc
Report Date
Feb 04, 2026 For Q1 26
Estimate
$3.46
Actual
$3.50
Surprise
+0.91%
ASE Technology Holding Co., Ltd.
Report Date
Feb 05, 2026 For Q4 25
Estimate
$2.82
Actual
$6.65
Surprise
+135.93%
United Microelectronic Corp.
Report Date
Jan 28, 2026 For Q4 25
Estimate
$0.84
Actual
$0.81
Surprise
-4.46%
Rambus Inc
Report Date
Feb 02, 2026 For Q4 25
Estimate
$0.68
Actual
$0.68
Surprise
-1.42%
Allegro MicroSystems, Inc. Common Stock
Report Date
Jan 29, 2026 For Q3 26
Estimate
$0.14
Actual
$0.15
Surprise
+2.67%
Cirrus Logic Inc
Report Date
Feb 03, 2026 For Q3 26
Estimate
$2.48
Actual
$2.97
Surprise
+19.55%
FormFactor Inc.
Report Date
Feb 04, 2026 For Q4 25
Estimate
$0.35
Actual
$0.46
Surprise
+29.29%
Impinj, Inc. Common Stock
Report Date
Feb 05, 2026 For Q4 25
Estimate
$0.51
Actual
$0.50
Surprise
-3.51%
Synaptics Inc
Report Date
Feb 05, 2026 For Q2 26
Estimate
$1.17
Actual
$1.21
Surprise
+3.07%
Alpha and Omega Semiconductor Limited
Report Date
Feb 05, 2026 For Q2 26
Estimate
-$0.08
Actual
-$0.16
Surprise
-88.24%
FAQ
What were Lam Research Corp's earnings and revenue for the latest quarter Q2 2026?
For Q2 2026, Lam Research Corp reported EPS of $1.27, beating estimates by 6.41%, and revenue of $5.34B, -0.29% below expectations.
How did the market react to Lam Research Corp's Q2 2026 earnings?
The stock price moved up 3.59%, changed from $239.58 before the earnings release to $248.17 the day after.
When is Lam Research Corp expected to report next?
The next earning report is scheduled for Apr 21, 2026.
What are the forecasts for Lam Research Corp's next earnings report?
Based on 24
analysts, Lam Research Corp is expected to report EPS of $1.37 and revenue of $5.80B for Q3 2026.