Although the revenue and EPS for Lam Research (LRCX) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
LRCX beats Q3 FY26 estimates as revenues rise 24%, fueled by AI chip demand and record support sales, while Q4 guidance topped expectations.
Revenue: $5.84 billion, up 9% sequentially and 24% year-over-year.Gross Margin: 49.9%, at the high end of the guidance range.Operating Margin: 35%, at the high
Lam Research Corporation (LRCX) Q3 2026 Earnings Call Transcript
Lam Research (LRCX) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.04 per share a year ago.
Filing date: April 22, 2026; see the company's 8-K filing.Revenue was $5.84 billion, which is above the estimated revenue of $5.78 billion.GAAP diluted EPS was
Lam Research Corp. (NASDAQ:LRCX) reported third-quarter results after Wednesday's closing bell, beating analyst estimates on the top and bottom lines.
Lam Research eyes strong Q3 results as AI chip demand and foundry strength lift Systems sales, with advanced etch and EUV tools gaining traction.
Bridgewater has built meaningful positions in four technology companies tied to different parts of the AI ecosystem, including NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), Lam Research (NASDAQ:LRCX), Salesforce (NYSE:CRM), and Alphabet (NASDAQ:GOOGL).
Evaluate the expected performance of Lam Research (LRCX) for the quarter ended March 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Lam Research's Q3 results are expected to reflect benefits from strong demand for AI chips and rising DRAM spending.
Lam Research (LRCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.