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Company Dossier · Information Technology

Lam Research

LRCXNasdaqSemi EquipmentWILMINGTON, US-DE, USMega capWebsite ↗
  • S&P 500
  • S&P 100
  • Nasdaq-100
  • Russell 1000

What Lam Research is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.

Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →

The latest read

Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.

  • Revenue over the four quarters to June 28, 2026: $23.2 billion, up 26% from a year earlier.SEC EDGAR filings (XBRL)
  • Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 28, 2026: $4.89 billion, down 9.6% from a year earlier.SEC EDGAR filings (XBRL)
  • Capital expenditure over the four quarters to June 28, 2026: $0.97 billion, up 28% from a year earlier.SEC EDGAR filings (XBRL)
  • Share buybacks in the fiscal year to June 28, 2026: $3.85 billion.SEC EDGAR filings (10-K)
  • Latest earnings call or results release (July 29, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
  • Latest annual report (filed August 7, 2026): 1 risk factor added, 1 removed.Risk Factor Changes (10-K Item 1A)
  • Insiders were net sellers in Q3 2026: $58.3 million on the open market.SEC Form 4
  • 3,150 institutional managers reported a position at June 30, 2026 (+498 on the quarter before).SEC Form 13F
  • H-1B filings certified in Q2 2026: 168 (145 a year earlier).U.S. Department of Labor (OFLC)
  • Headlines in the last 30 days: 6, of which 0 read positive and 0 negative.Palanor headline tone

Company Posture

How Company Posture is measured →

What Lam Research is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.

Steady · Mixed

Expanding ↔ Retrenching

Steady

RetrenchingExpanding

Confident ↔ Hedging

Mixed

HedgingConfident
  • + Call sentiment
  • + Call confidence
  • − Guidance changes

Pressure

Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).

Credit

How these are built →

Lam Research's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.

Debt on the balance sheet

$3.7B

  • Due within a year $0.0B
  • Longer term $3.7B
  • Default point $1.9B (short + ½ long)

Finance leases included · Jun 28, 2026 filing

Bonds priced, last 12 months

None

U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.

Charts

Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.

Cash flow

Business

Lam Research: free cash flow, trailing twelve months

Operating cash flow minus capital expenditure, $ billions, from SEC filings

$4.9BData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: operating cash flow and capital expenditure

Trailing twelve months, $ billions, from SEC filings

Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: revenue, trailing twelve months

$ billions, from SEC filings

$23.2BData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

Capital returned and raised

Business

Lam Research: share buybacks by fiscal year

Cash paid to repurchase common stock, $ billions, from the 10-K

$3.9BData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: debt issued and repaid by fiscal year

Long-term debt, $ billions, from the 10-K

Data to Jun 2022
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: debt maturity schedule, latest annual report

Scheduled repayments of long-term debt principal by year from the fiscal year end, $ billions, from the 10-K

Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: debt due within a year and cash

At each balance-sheet date, $ billions, from SEC filings

Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: interest coverage

Operating income ÷ interest expense, trailing twelve months, from SEC filings

52.3Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

What the company says

Business

Lam Research: earnings call sentiment

Palanor Discourse score per call, −1 to +1

0.80Data to Jul 2026
ImageDataPalanor calculation
Business

Lam Research: earnings call confidence

Palanor Discourse score per call, 0 to 1

0.90Data to Jul 2026
ImageDataPalanor calculation
Business

Lam Research: risk factors added per annual report

New Item 1A risk factors in each 10-K

1.0Data to Aug 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

Hiring and ownership

Business

Lam Research: H-1B filings certified

Labor Condition Applications by quarter received

168.0Data to Jun 2026
ImageDataU.S. Department of Labor, Office of Foreign Labor Certification disclosure data, dol.gov
Business

Lam Research: insider net buying

Open-market purchases minus sales by officers and directors, $ millions, by quarter

−$58.3MData 23 days ago
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Lam Research: institutional holders

Managers reporting a position on Form 13F, by quarter

3,150Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

In the news

Headlines that name Lam Research, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.

30 days
6 headlines
0% positive · 0% negative
90 days
6 headlines
0% positive · 0% negative

Filings and records

The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.

  1. Oct 20, 2026Lobbying
    Lobbying report (LAM RESEARCH CORPORATION)third_quarter 2026 · $0.1 million
  2. Oct 20, 2026Lobbying
    Lobbying report (AKIN GUMP STRAUSS HAUER & FELD)third_quarter 2026
  3. Oct 20, 2026Patent
    Patent granted: SYSTEM FOR MONITORING PERFORMANCE OF ELECTROSTATIC CHUCKS IN SUBSTRATE PROCESSING SYSTEMSUS 12772792
  4. Oct 20, 2026Patent
    Patent granted: COATED PART FOR PLASMA PROCESSING CHAMBERUS 12770835
  5. Oct 20, 2026Patent
    Patent granted: COMPACT GAS SEPARATOR DEVICES CO-LOCATED ON SUBSTRATE PROCESSING SYSTEMSUS 12766461
  6. Oct 20, 2026Patent
    Patent granted: APPARATUSES FOR MEASURING GAP BETWEEN A SUBSTRATE SUPPORT PLANE AND GAS DISTRIBUTION DEVICEUS 12772781
  7. Oct 20, 2026Patent
    Patent granted: MULTI-STATION PROCESSING TOOLS WITH STATION-VARYING SUPPORT FEATURES FOR BACKSIDE PROCESSINGUS 12770839
  8. Oct 12, 2026Lobbying
    Lobbying report (MERCURY PUBLIC AFFAIRS, LLC)third_quarter 2026 · $0.1 million
  9. Sep 23, 2026Trademark
    Trademark application: CORVIA
  10. Aug 27, 20268-K
    Director or officer changeItem 5.02
  11. Aug 7, 202610-K
    Annual report (10-K)1 risk factors added, 1 removed
  12. Aug 3, 2026Lobbying
    Lobbying report (THE GALLAGHER GROUP, LLC)second_quarter 2026 · $0.0 million
  13. Jul 24, 2026Trademark
    Trademark application: MONZA
  14. Jul 20, 2026Lobbying
    Lobbying report (AKIN GUMP STRAUSS HAUER & FELD)second_quarter 2026
  15. Jul 20, 2026Lobbying
    Lobbying report (MERCURY PUBLIC AFFAIRS, LLC)second_quarter 2026 · $0.1 million
  16. Jul 20, 2026Lobbying
    Lobbying report (MERCURY PUBLIC AFFAIRS, LLC)second_quarter 2026 · $0.1 million
  17. Jul 17, 2026Lobbying
    Lobbying report (LAM RESEARCH CORPORATION)second_quarter 2026 · $0.1 million
  18. Mar 19, 2026Trademark
    Trademark application: SILFEX
  19. Mar 19, 2026Trademark
    Trademark application: SILFEX
  20. Feb 24, 2026Trademark
    Trademark application: NEVIRA
  21. Feb 4, 20268-K
    Director or officer changeItem 5.02
  22. Feb 3, 20268-K
    Director or officer changeItem 5.02
  23. Nov 6, 20258-K
    Shareholder vote resultsItem 5.07
  24. Nov 6, 20258-K
    Director or officer changeItem 5.02
  25. Sep 11, 20258-K
    Auditor changeItem 4.01
  26. Aug 11, 202510-K
    Annual report (10-K)0 risk factors added, 0 removed
  27. Jan 29, 20258-K
    Material agreement signedItem 1.01
  28. Nov 7, 20248-K
    Shareholder vote resultsItem 5.07
  29. Aug 29, 202410-K
    Annual report (10-K)0 risk factors added, 0 removed

Peers

Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.

CompanyRevenueFree cash flowThrough
Applied Materials AMAT$30.8B$5.6BJul 26, 2026
KLA Corporation KLAC$13.6B$3.8BJun 30, 2026
CDW Corporation CDW$23.5B$0.9BJun 30, 2026
Intuit Inc. INTU$21.4B$8.7BJul 31, 2026
Cognizant CTSH$21.4B$2.5BMar 31, 2026
Adobe Inc. ADBE$26.0B$10.6BAug 28, 2026
Sandisk SNDK$20.3B$11.5BJul 3, 2026
Avnet AVT$27.6B−$0.3BJun 27, 2026

Identity

SEC CIK
707549
LEI
549300I4GMO6D34U1T02
Wikidata
Q1342041
SAM UEI
MK7WB8E5KVM4

Built from SEC EDGAR filings (public domain), the Guidance and KPI Ledgers, Palanor Discourse, U.S. Department of Labor filings, USPTO, USAspending and Senate lobbying records, and rights-checked news headlines. Updated nightly; this page was built Oct 22, 2026. How the Dossier is built

S&P 500, S&P 100, S&P MidCap 400 and Dow Jones Industrial Average are trademarks of S&P Dow Jones Indices LLC or its affiliates; Nasdaq-100 is a trademark of Nasdaq, Inc.; Russell 1000 is a trademark of FTSE Russell. Membership is shown for identification only. Palanor is not affiliated with or endorsed by the index owners.

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