Lam Research Corp.
- LRCX · Nasdaq
- Special Industry Machinery, NEC
- Fremont, CA
- 23,300 employees
- CIK 0000707549
Updated from SEC filings through
Top things to know
Executives
- Tim Archer Lam Research's President and Chief Executive Officer 8-K, 2026-10-21
- Timothy Archer President and CEO 4, 2026-09-10
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Douglas R. Bettinger Executive Vice President, Chief Financial Officer 10-K, 2026-08-07 - Seshasayee Varadarajan Senior Vice President 4, 2026-09-03
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Ava Harter Chief Legal Officer 4, 2026-09-01 - Ava A. Harter Senior Vice President, Chief Legal Officer and Secretary 10-K, 2026-08-07
What leadership is saying
“With AI driving higher semiconductor demand and greater device complexity, our focus on operational execution helped Lam deliver record revenue, profit, and earnings per share in the September quarter”
Earnings press release (8-K Ex. 99.1), filed October 21, 2026
Lam Research Corp is a U.S. public company in special industry machinery, nec (SIC 3559), headquartered in Fremont, CA. It trades as LRCX on Nasdaq. Revenue was $23.2B in the fiscal year ending June 28, 2026, +26.0% from the year before. It reported about 23,300 employees. Tim Archer is Lam Research's President and Chief Executive Officer.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $23.2B 10-K, 2026-08-07 | $18.4B 10-K, 2026-08-07 | $14.9B 10-K, 2026-08-07 | $17.4B 10-K, 2025-08-11 | $17.2B 10-K, 2024-08-29 |
| Operating income | $8.2B 10-K, 2026-08-07 | $5.9B 10-K, 2026-08-07 | $4.3B 10-K, 2026-08-07 | $5.2B 10-K, 2025-08-11 | $5.4B 10-K, 2024-08-29 |
| SG&A | $1.1B 10-K, 2026-08-07 | $982M 10-K, 2026-08-07 | $868M 10-K, 2026-08-07 | $833M 10-K, 2025-08-11 | $886M 10-K, 2024-08-29 |
| Net income | $7.3B 10-K, 2026-08-07 | $5.4B 10-K, 2026-08-07 | $3.8B 10-K, 2026-08-07 | $4.5B 10-K, 2025-08-11 | $4.6B 10-K, 2024-08-29 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Tim Archer | Lam Research's President and Chief Executive Officer | 8-K, 2026-10-21 |
| Timothy Archer | President and CEO | 4, 2026-09-10 |
| Douglas R. Bettinger | Executive Vice President, Chief Financial Officer | 10-K, 2026-08-07 |
| Seshasayee Varadarajan | Senior Vice President | 4, 2026-09-03 |
| Ava Harter | Chief Legal Officer | 4, 2026-09-01 |
| Ava A. Harter Senior Vice President & Chief Legal Officer at Lam Research | Senior Vice President, Chief Legal Officer and Secretary | 10-K, 2026-08-07 |
 Vahid Vahedi | Senior Vice President, Chief Technology and Sustainability Officer | 10-K, 2026-08-07 |
 Neil J. Fernandes Vice President at Lam Research | Senior Vice President, Global Customer Operations | 10-K, 2026-08-07 |
| Seshasayee (Sesha) Varadarajan | Executive Vice President, Chief Operating Officer | 10-K, 2026-08-07 |
| Karthikeyan (Karthik) Rammohan | Senior Vice President, Global Operations and Enterprise Solutions | 10-K, 2026-08-07 |
| Christina Correia | CVP , Chief Accounting Officer | 4, 2026-03-02 |
| Patrick J. Lord | Executive Vice President | 4, 2026-03-02 |
| Abhijit Y. Talwalkar | Chairman | 10-K, 2026-08-07 |
| Karthikeyan Rammohan | SVP, Global Ops & Ent Solns | 3, 2026-03-10 |
| Anirudh Devgan | Board member (per proxy) bio: director nominees | DEF 14A, 2026-09-24 |
| Bethany J. Mayer | Board member (per proxy) bio: director nominees | DEF 14A, 2026-09-24 |
What Lam Research Corp does
Incorporated in 1980, Lam Research Corporation (“Lam Research,” “Lam,” “we,” “our,” “us,” or the “Company”) is a Delaware corporation, headquartered in Fremont, California. We maintain a network of facilities throughout Asia, Europe, and the United States in order to meet the needs of our dynamic customer base.
Shares and governance
| Shares outstanding | 1.25 billion (as of October 20, 2026) | 10-Q, October 22, 2026 |
|---|---|---|
| Public float | $178B (as of December 28, 2025) | 10-K, August 7, 2026 |
| Reportable segments | 1 (period ending September 27, 2026) | 10-Q, October 22, 2026 |
| Latest proxy statement | Meeting November 3, 2026 (filed September 24, 2026) | DEF 14A, September 24, 2026 |
| Auditor | Kpmg LLP (Santa Clara, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 6, 2026 | Bethany Mayer Director | Sale | 16 | $3K | Form 4, November 9, 2026 |
| November 2, 2026 | Bethany Mayer Director | Sale | 719 | $174K | Form 4, November 3, 2026 |
| October 23, 2026 | Timothy Archer President and CEO | Sale | 31,400 | $7.1M | Form 4, October 26, 2026 |
| September 9, 2026 | Bethany Mayer Director | Sale | 9,557 | $3.0M | Form 4, September 10, 2026 |
| September 9, 2026 | Timothy Archer President and CEO | Sale | 30,000 | $9.6M | Form 4, September 10, 2026 |
| September 2, 2026 | Seshasayee Varadarajan Senior Vice President | Sale | 59,750 | $17.4M | Form 4, September 3, 2026 |
| August 31, 2026 | Ava Harter Chief Legal Officer | Sale | 5,000 | $1.5M | Form 4, September 1, 2026 |
| August 6, 2026 | Timothy Archer President and CEO | Sale | 30,000 | $9.0M | Form 4, August 7, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 5.07 Submission of matters to a vote of security holders
- Item 8.01 Other events
- 8-K filed 2026-10-21
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-03
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-01-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-06
- Item 3.03 Material modification to rights of security holders
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.03 Amendments to articles or bylaws; change in fiscal year
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2025-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-09-11
- Item 4.01 Changes in registrant's certifying accountant
Frequently asked questions about Lam Research Corp
- What does Lam Research Corp do?
- In its own words, from Item 1 of its 10-K: "Incorporated in 1980, Lam Research Corporation (“Lam Research,” “Lam,” “we,” “our,” “us,” or the “Company”) is a Delaware corporation, headquartered in Fremont, California. We maintain a network of facilities throughout Asia, Europe, and the United States in order to meet the needs of our dynamic customer base."
- What is Lam Research Corp's revenue?
- $23.2B for the fiscal year ending June 28, 2026, from its 10-K filed August 7, 2026.
- Is Lam Research Corp profitable?
- Lam Research Corp reported net income of $7.3B for the fiscal year ending June 28, 2026.
- How many employees does Lam Research Corp have?
- About 23,300 as of August 7, 2026, as stated in its annual report.
- Who is the CEO of Lam Research Corp?
- Tim Archer, Lam Research's President and Chief Executive Officer, as named in a 8-K filed October 21, 2026.
- Who is the CFO of Lam Research Corp?
- Douglas R. Bettinger, Executive Vice President, Chief Financial Officer, as named in a 10-K filed August 7, 2026.
- Where is Lam Research Corp headquartered?
- Fremont, CA.
- What is Lam Research Corp's stock ticker?
- LRCX on Nasdaq.
- What industry is Lam Research Corp in?
- Special Industry Machinery, NEC, SIC code 3559.
- What is Lam Research Corp's website?
- lamresearch.com. Investor relations: https://investor.lamresearch.com/.
- When does Lam Research Corp report earnings next?
- January 27, 2027. Source: estimate_8k_pattern.
- Is Lam Research Corp a public company?
- Yes. Lam Research Corp files with the SEC under CIK 0000707549 and trades as LRCX.
- Who audits Lam Research Corp?
- Kpmg LLP, Santa Clara, California, as named in its latest annual report (10-K).
- How many shares of Lam Research Corp are outstanding?
- 1.25 billion shares as of October 20, 2026, from its 10-Q filed October 22, 2026.
- What is Lam Research Corp's public float?
- $178B as of December 28, 2025, as reported on the cover of its 10-K filed August 7, 2026.
- How many business segments does Lam Research Corp report?
- 1 reportable segment for the period ending September 27, 2026, from its 10-Q filed October 22, 2026.
- When is Lam Research Corp's annual shareholder meeting?
- November 3, 2026, per its proxy statement (DEF 14A) filed September 24, 2026.
- Have Lam Research Corp insiders traded stock recently?
- Since April 8, 2025, officers and directors reported 26 open-market sales worth about $185M and 1 purchase worth about $602.224 on Forms 4 and 5. The most recent: Bethany Mayer (Director) sold 16 shares on November 6, 2026.