Lam Research Corp
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
The business model demonstrably works, the numbers are first-rate and the balance sheet is a fortress — that speaks for itself. Still, the rating stands at yellow because a material operating question sharpened in fiscal year 2026, documented in the company's own annual report (10-K): strong customer concentration without an existential threat — four customers instead of two now account for 55 percent instead of 32 percent of revenue. That is an operating risk, not a pricing question: even after the roughly 25 percent price decline, the rating would stay yellow, because an expensive valuation alone would not be reason enough. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Lam Research is a flawless cyclical in record form: the AI boom fills the order books, the margins are first-rate, the balance sheet a fortress, and the stock has already given back part of its earlier excess. But a third of the revenue hangs on China, and customer concentration jumped from 32 to 55 percent in the same year — an operational risk that sharpened while everyone was watching the record numbers. Not investment advice.
Growth & order books
Revenue up 26.0 percent to $23.2 billion in fiscal year 2026, a record June 2026 quarter ($6.72 billion, 51.7 percent gross margin) and guidance of roughly $8.1 billion for the September quarter — management raised its own WFE forecast three times within seven months.
Profitability & balance sheet
A 50.5 percent gross margin, an operating margin around 35 percent, a 31.3 percent net margin in fiscal year 2026; about $5.60 billion in cash, an equity ratio around 53 percent, financial debt down to barely 30 percent of equity.
Capital returns
The quarterly dividend was raised to $0.26 and buybacks came to roughly $3.85 billion in fiscal year 2026 — but buyback prices rose quarter over quarter ($105.67 to $325.14), and insiders were already selling below that by early September 2026.
Customer concentration
Four unnamed major customers = 55 percent of fiscal year 2026 revenue — up from two customers at 32 percent a year earlier. The concentration nearly doubled, and it never came up on the earnings calls.
China & export controls
34 percent of fiscal year 2026 revenue from China under U.S. license reservation with no assurance of approval (just 26 percent in the June quarter alone); China's rare-earth controls on Lam's supply chain remain only partially suspended, and only until November 2026.
Valuation & insider behavior
A price-to-earnings ratio around 50, a price-to-sales ratio around 16 (data as of September 2, 2026) — noticeably more moderate than in July 2026 (around 70 and 23) after the stock fell roughly a quarter; insiders sold at $390.01 in July 2026, then at markedly lower prices in August and September (between $291 and $302).
Worth Noting
The fiscal year ends in late June: "fiscal year 2026" = late June 2025 through June 28, 2026; the numbers for the first quarter of fiscal year 2027 are usually presented in late October.
All price and share figures are split-adjusted (10-for-1 stock split in October 2024). Insider sales are legal and often long pre-planned.
Governance margin note: two board members (Sohail Ahmed, Michael Cannon) are retiring effective November 2, 2026, per the current report (8-K) of August 27, 2026; the board shrinks from 12 to 10 members. Starting with fiscal year 2026, KPMG conducted its first full annual audit (having replaced Ernst & Young in September 2025).
The stock price used for the valuation in this analysis is sourced from an insider filing (Form 4) dated September 2, 2026, because the fundamental-data feed used had hit its daily limit that day — a real, traded and dated figure, not an estimate.
Stock Watch
This analysis is as of September 3, 2026. Stock Watch will tell you what's changed at LRCX since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 121.90 $ to 433.30 $ · Last price: 269.30 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Semiconductor Equipment & Materials
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Lam Research Corp LRCX | 371.4 | 47.0 | 41.9 | 50.5 | 35.0 | 23.7 | 122.2 |
| Applied Materials Inc AMAT | 331.4 | 36.5 | 31.3 | 49.4 | 31.9 | 4.4 | 135.6 |
| KLA Corporation KLAC | 220.8 | 46.0 | 37.8 | 61.3 | 41.2 | 23.9 | 71.6 |
| Teradyne Inc TER | 57.6 | 59.4 | 34.3 | 59.2 | 37.6 | 13.1 | 209.5 |
| Qnity Electronics, Inc Q | 24.5 | 47.5 | 20.3 | 46.2 | 22.8 | 9.7 | 20.8 |
| Entegris Inc ENTG | 22.4 | 69.9 | 25.9 | 45.6 | 18.0 | -1.4 | 41.1 |
| Onto Innovation Inc ONTO | 13.7 | 109.7 | 49.6 | 55.5 | 16.8 | 1.8 | 115.5 |
| Amkor Technology Inc AMKR | 11.9 | 23.7 | 8.5 | 15.5 | 6.0 | 6.2 | 81.4 |
| Nova Ltd NVMI | 11.1 | 43.3 | 39.3 | 57.1 | 29.9 | 31.0 | 12.3 |
| Median of companies shown | 24.5 | 47.0 | 34.3 | 50.5 | 29.9 | 9.7 | 81.4 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2017 | 8,014 | 1,902 | 1,698 | 0.92 | 2,029 | 6,987 | 12,123 |
| 2018 | 11,077 | 3,213 | 2,381 | 1.32 | 2,656 | 6,580 | 12,479 |
| 2019 | 9,654 | 2,465 | 2,191 | 1.37 | 3,176 | 4,723 | 12,001 |
| 2020 | 10,045 | 2,674 | 2,252 | 1.51 | 2,126 | 5,183 | 14,559 |
| 2021 | 14,626 | 4,482 | 3,908 | 2.69 | 3,588 | 6,027 | 15,892 |
| 2022 | 17,227 | 5,382 | 4,605 | 3.27 | 3,100 | 6,278 | 17,196 |
| 2023 | 17,427 | 5,175 | 4,511 | 3.32 | 5,179 | 8,210 | 18,782 |
| 2024 | 14,905 | 4,264 | 3,828 | 2.90 | 4,652 | 8,539 | 18,745 |
| 2025 | 18,436 | 5,901 | 5,358 | 4.15 | 6,173 | 9,862 | 21,345 |
| 2026 | 23,233 | 8,200 | 7,265 | 5.76 | 5,858 | 12,471 | 23,530 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.92 | 27.80 | 4,376 | 16.40 | 27.20 | 742 | 853 |
| 2025: Q1 | 1.03 | 40.70 | 4,720 | 24.40 | 28.20 | 1,309 | 1,021 |
| 2025: Q2 | 1.35 | 73.10 | 5,171 | 33.60 | 33.30 | 2,554 | 2,382 |
| 2025: Q3 | 1.24 | 44.40 | 5,324 | 27.70 | 29.50 | 1,779 | 1,594 |
| 2025: Q4 | 1.26 | 36.60 | 5,345 | 22.10 | 29.80 | 1,480 | 1,665 |
| 2026: Q1 | 1.45 | 40.50 | 5,842 | 23.80 | 31.20 | 1,141 | 810 |
| 2026: Q2 | 1.81 | 34.10 | 6,722 | 30.00 | 33.90 | 1,457 | 1,457 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 8 of our scanner strategies — each hit links to the scanner.
Backtested Scanners
Growth
Quality & Balance Sheet
Dividends
Research
Risk & Weakness
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 06/30/2027 | 9.51 | 8.44 – 10.82 | 34,928 | 63.4% | 29 |
| 06/30/2028 | 11.65 | 8.96 – 15.12 | 40,956 | 22.6% | 26 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 26.0% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $4.89B |
|---|---|
| Market cap | $371.43B |
| Free cash flow in year ten | $49.37B |
| Terminal value as a share of market value | 70.0% |
For comparison: over the past five years free cash flow grew by 8.6% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Lam Research verkauft keine KI-Produkte — die Ätz- und Beschichtungsanlagen sind generische Chipfertigungs-Werkzeuge, und KI erscheint in Geschäfts- und Quartalsberichten (10-K/10-Q) durchgängig als externer Nachfrage-Treiber (inklusive des Ergebnisrisikos „Änderungen im Umfang der KI-Investitionen") —, aber der Geschäftsbericht (10-K) 2025 belegt den eigenen operativen Einsatz von maschinellem Lernen und KI in der Technologieentwicklung sowie den KI-Einsatz „durch uns" im Betrieb (Cyber-Risikokapitel), daher „Nutzt KI".
View the full file — quotes, sources, reviewed filings
„In addition, the emergence of “big data” and new tools such as machine learning and artificial intelligence (“AI”) that capitalize on the availability of large data sets is leading semiconductor manufacturers and equipment manufacturers to pursue new products and approaches that exploit those tools to advance technology development."
Zudem führt das Aufkommen von „Big Data" und neuen Werkzeugen wie maschinellem Lernen und Künstlicher Intelligenz („KI"), die die Verfügbarkeit großer Datensätze nutzen, dazu, dass Halbleiterhersteller und Anlagenbauer neue Produkte und Ansätze verfolgen, die diese Werkzeuge für den Fortschritt der Technologieentwicklung einsetzen.
10-K · 2025-08-11 · View SEC filing
„Further, the use of AI by us, our customers, suppliers, and third-party providers, among others, may also introduce unique vulnerabilities whose existence or exploitation could have a material adverse effect on our business or operations."
Darüber hinaus kann der Einsatz von KI durch uns, unsere Kunden, Zulieferer und Drittanbieter, unter anderem, auch besondere Schwachstellen mit sich bringen, deren Existenz oder Ausnutzung erhebliche nachteilige Auswirkungen auf unser Geschäft oder unseren Betrieb haben könnte.
10-K · 2025-08-11 · View SEC filing
„Demand from cloud computing, artificial intelligence (“AI”), 5G, the Internet of Things, and other markets is driving the need for increasingly powerful and cost-efficient semiconductors."
Die Nachfrage aus Cloud-Computing, Künstlicher Intelligenz („KI"), 5G, dem Internet der Dinge und anderen Märkten treibt den Bedarf an immer leistungsfähigeren und kosteneffizienteren Halbleitern.
10-Q · 2026-04-23 · View SEC filing
„[…] changes in industry trends or demand drivers for semiconductor chips and semiconductor equipment, including changes in the level of investment in AI and related infrastructure […]"
[…] Änderungen bei Branchentrends oder Nachfrage-Treibern für Halbleiterchips und Halbleiter-Ausrüstung, einschließlich Änderungen im Umfang der Investitionen in KI und zugehörige Infrastruktur […]
10-Q · 2026-04-23 · View SEC filing
Filings Reviewed: 10-Q 2026-04-23 · 10-Q 2026-01-29 · 10-Q 2025-10-24 · 10-Q 2025-04-25 · 10-K 2025-08-11 · 10-K 2024-08-29
Rated on July 10, 2026 · How the Rating Is Built
Earnings calls
What the Earnings Calls Reveal
We reviewed nine earnings call transcripts from Lam Research covering fiscal quarters 2024-Q3 through 2026-Q3. The picture is unusually clear: in all nine quarters, revenue and earnings came in at or above the midpoint of the company's own guidance ranges, and the strategic narrative — rising etch and deposition intensity, NAND upgrades, advanced packaging — stayed consistent over two years. The only notable pattern is a systematically conservative forecasting culture: the services business and the China outlook were repeatedly set too low and later revised upward. We found no broken commitments.
Nine quarters without a guidance miss
From 2024-Q3 through 2026-Q3, revenue, margins and earnings per share came in at or above the midpoint of the previously stated ranges in every single quarter. Examples: guidance for the June 2024 quarter called for 7.50 USD in earnings per share, delivered were 8.14 USD (reported in 2024-Q4); in 2025-Q4, earnings per share of 1.33 USD exceeded the top of the range, repeated in 2026-Q2 and 2026-Q3 with 1.27 and 1.47 USD. Full-year industry spending forecasts (WFE) were never cut either, only raised — from about 100 billion USD for 2025 (2025-Q2) via 105 billion (2025-Q4) to 140 billion USD for 2026 (2026-Q3). A run like this across nine calls is rare in the industry.
Conservative forecasting: beats are partly built in
The CSBG services business was first framed as roughly flat for 2024 (2024-Q3), then lifted to modest growth (2024-Q4) — the final result was plus 11 percent (reported in 2025-Q2). Same pattern in 2025: flat (2025-Q2 and 2025-Q3), then modest growth (2025-Q4), ending in a record 7.2 billion USD (2026-Q2). For the December 2025 quarter, the CFO in 2025-Q4 still previewed revenue roughly at March levels of about 4.7 billion USD — three months later the plan was 5.2 billion and 5.34 billion was delivered (2026-Q1, 2026-Q2). Anyone rating the beats should factor in this built-in caution.
China outlook repeatedly off the mark
In 2024-Q4, management said 2025 should be a pretty solid year in China; one quarter later (2025-Q1) it forecast declining China WFE for 2025 — and played down the shift when an analyst pressed the point. In reality, the 2025 WFE forecast was then raised from 100 to 105 billion USD precisely because of China (2025-Q4). In 2026-Q1 came another call that the China revenue share would fall below 30 percent in 2026; by 2026-Q2 this had softened to flat to slightly up, and the share still stood at 34 percent in the March quarter (2026-Q3). On the plus side: when confronted in 2026-Q1 with having made the same wrong call a year earlier, the CFO openly admitted it.
NAND upgrade thesis consistent — and coming true
As early as 2024-Q3 and 2024-Q4, management announced an upgrade-driven NAND recovery starting in 2025; in 2025-Q2 this became a quantified framework of roughly 40 billion USD in conversion spending over several years. Delivery is verifiable: record upgrade revenues in 2025-Q2, 2025-Q3 and 2025-Q4, and a gain of over 90 percent for calendar 2025 (2026-Q2). In 2026-Q3 the thesis was sharpened again: the majority of the 40 billion USD is now expected to be spent by the end of calendar 2027. A story that stayed stable, checkable and on track for two years — the opposite of a quietly abandoned target.
Detail figures consistently withheld
Management declined across several calls to give precise revenue figures for the advanced packaging business: in 2025-Q2 the only answer was above 1 billion USD, and in 2026-Q2 the 2025 result was described merely as having grown nicely. The tariff hit to margins was explicitly not quantified when asked directly in 2025-Q3, and on gross margin sustainability the CFO answered there only that variability means it goes up sometimes and down sometimes. This is standard industry reticence, not a red flag — especially since checkable milestones kept coming: above 1 billion USD in 2024, above 3 billion combined with gate-all-around in 2025, plus 50 percent growth for 2026 (2026-Q3). It is a recurring pattern nonetheless.
Management promises
- 2024-Q3 — Shipments into gate-all-around nodes exceeding 1 billion USD in calendar 2024. Confirmed in 2025-Q2: gate-all-around nodes and advanced packaging each exceeded the 1 billion USD mark in 2024. kept
- 2024-Q4 — Investor Day in February 2025 with an updated long-term financial model. Held on February 19, 2025 in New York and used consistently as the reference framework from 2025-Q3 onward. kept
- 2025-Q1 — China revenue share normalizes to around 30 percent in the December 2024 quarter. The China share came in at 31 percent in the December quarter (reported in 2025-Q2) — almost exactly on target. kept
- 2025-Q2 — Combined 2025 shipments for gate-all-around plus advanced packaging well above 3 billion USD. Per 2025-Q4, advanced packaging ran stronger than planned and 2025 closed with record foundry revenues; the target was never walked back, though no exact final figure was given. kept
- 2025-Q2 — CSBG services business to stay roughly flat in calendar 2025. Clearly exceeded rather than merely met: record 7.2 billion USD, about 9 percent growth (reported in 2026-Q2) — the forecast was raised step by step during the year (2025-Q4, 2026-Q1). kept
- 2026-Q1 — China revenue share to fall below 30 percent in calendar 2026. Softened in 2026-Q2 to low thirties or high twenties percent; the share stood at 34 percent in the March quarter (2026-Q3). The full-year outcome is open, the trend argues against the original call. open
- 2026-Q2 — Updated long-term financial model to be presented later in 2026. Reaffirmed in 2026-Q3 but not yet presented as of the cutoff date of this review. open
Based on public earnings call transcripts. Reviewed: 9 transcripts 2024-Q3 through 2026-Q3.
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 10.1%
- More than 10% revenue growth is expected for the coming year 31.9%
- Share count grows by less than 3% a year -2.4%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 47.1%
- Gross margin at 40% or higher and without meaningful erosion 50.5%
- Goodwill from acquisitions does not grow faster than revenue 0.0%
- Net debt below twice EBITDA 1,458 m net cash
- Operating cash flow covers the profits of the last three years 232 m
- Return on capital at 15% or higher, or up versus two years ago 46.6%
- Insiders hold at least 10% or are net buyers 0.3%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
10/10 Quality stockThe AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 12.6%
- Exp. sales growth 3Y > 5% 32.8%
- EBIT growth 10Y > 5% 17.6%
- Exp. EBIT growth 3Y > 5% 42.2%
- Net debt < 4x EBIT -0.2x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 23.3%
- Return on equity > 15% 68.7%
- ROCE > 15% 46.6%
- Expected return > 10% 44.1%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Mayer Bethany | Director | Sell | 9,557 | 314.74 | 3,007,970 |
| Sep 9, 2026 | Archer Timothy | President and CEO | Sell | 30,000 | 319.26 | 9,577,800 |
| Sep 9, 2026 | Archer Timothy | President and CEO | Other | 30,000 | 30.03 | 900,990 |
| Sep 2, 2026 | Varadarajan Seshasayee | Senior Vice President | Sell | 27,480 | 291.32 | 8,005,474 |
| Sep 2, 2026 | Varadarajan Seshasayee | Senior Vice President | Other | 27,480 | 30.03 | 825,307 |
| Sep 2, 2026 | Varadarajan Seshasayee | Senior Vice President | Sell | 12,270 | 291.32 | 3,574,496 |
| Sep 2, 2026 | Varadarajan Seshasayee | Senior Vice President | Other | 12,270 | 59.88 | 734,740 |
| Sep 2, 2026 | Varadarajan Seshasayee | Senior Vice President | Sell | 20,000 | 291.32 | 5,826,400 |
| Aug 31, 2026 | Harter Ava | Chief Legal Officer | Sell | 5,000 | 302.46 | 1,512,300 |
| Aug 6, 2026 | Archer Timothy | President and CEO | Sell | 30,000 | 300.00 | 9,000,000 |
The company
About the Company
Lam Research Corporation entwickelt, fertigt, vermarktet und wartet Anlagen zur Halbleiterbearbeitung für die Fertigung integrierter Schaltkreise in den USA, China, Korea, Taiwan, Japan, Südostasien und Europa. Das Unternehmen bietet ALTUS-Systeme zur konformen Abscheidung an.
- Employees
- 23,300
- Headquarters
- Fremont, CA
- Address
- 4650 Cushing Parkway, 94538 Fremont, United States
- Phone
- 510 572 0200
- Website
- lamresearch.com
- IPO Date
- 05/11/1984
- ISIN
- US5128073062
- Stock Split
- 10:1 on 10/03/2024
- Stock Split
- 959692:319897 on 03/17/2000
- Stock Split
- 3:2 on 09/16/1993
Management
| Name | Title | Birth Year |
|---|---|---|
| Timothy M. Archer | President, CEO & Director | 1967 |
| Douglas R. Bettinger | Executive VP & CFO | 1967 |
| Seshasayee Varadarajan | Executive VP & COO | 1975 |
| Ava A. Harter J.D. | Senior VP, Chief Legal Officer & Secretary | 1970 |
| Christina C. Correia | Chief Accounting Officer & Group VP | 1970 |
| Vahid Vahedi Ph.D. | Senior VP, Chief Technology & Sustainability Officer | 1966 |
| Ram Ganesh | Vice President of Investor Relations | – |
| Steve Fine | Group VP & Chief Communication Officer | – |
| Mary Teresa Hassett | Senior VP & Chief Human Resources Officer | 1974 |
| Karthikeyan Rammohan | Senior Vice President of Global Operations & Enterprise Solutions | 1969 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 08/27/2026 LAM RESEARCH CORP (LRCX): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers SEC ↗
- 07/29/2026 LAM RESEARCH CORP (LRCX): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.