Lam Research Stock Rises on Q4 Earnings Beat, Strong Outlook

Lam Research Corp (NASDAQ: LRCX ) reported strong results for the fourth quarter of fiscal 2026 after the closing bell on Wednesday. Here’s a rundown of the report. Lam Research stock is rising. What’s fueling LRCX momentum? Lam Research Q4 Key Details Lam Research reported fourth-quarter revenue of $6.72 billion, beating analyst estimates of $6.67 billion, according to Pro. The company posted adjusted earnings of $1.82 per share for the quarter, beating estimates of $1.68 per share. Gross margin came in at 51.7% as a percent of revenue and operating margin was 37.4% in the quarter. “Lam delivered record revenue, operating margin and earnings per share in the June quarter as AI-driven demand continues to reshape the semiconductor industry,” said Tim Archer, president and CEO of Lam Research. Lam Research ended the quarter with $5.6 billion in cash, cash equival...