LAM RESEARCH CORP (LRCX)
SEC filings, insider trading & institutional ownership from EDGAR.
Lam Research Corporation, incorporated in Delaware in 1980 and headquartered in Fremont, California, is a global supplier of wafer fabrication equipment and services to the semiconductor industry, with facilities across Asia, Europe, and the United States. The company's core competencies include nanoscale manufacturing, chemistry, plasma and fluidics, and advanced systems engineering, enabling customers—leading semiconductor memory, foundry, and integrated device manufacturers (IDMs) such as Samsung Electronics and Taiwan Semiconductor Manufacturing Company, its most significant customers—to build smaller, higher-performing devices for markets including mobile phones, cloud computing, AI, 5G, IoT, and automotive applications. Lam's primary product portfolio spans deposition, etch, and clean technologies: deposition products (ALTUS®, SABRE®, SPEED®, Striker®, VECTOR® families) create metal and dielectric layers; etch products (Flex®, Vantex®, Kiyo®, Syndion®, Versys® Metal families) selectively remove materials to form chip features; and clean products (Coronus®, DV-Prime®, Da Vinci®, EOS®, SP Series) remove contaminants between manufacturing steps.
The company also serves back-end wafer-level packaging (WLP), including fan-out panel-level packaging and 3D stacking solutions for high bandwidth memory (HBM), as well as related markets like CMOS image sensors (CIS) and MEMS. Its Customer Support Business Group (CSBG) provides lifecycle services including equipment upgrades, spares, Equipment Intelligence® solutions, and the Reliant® line of new and refurbished non-leading-edge equipment. Lam invests heavily in R&D to sustain technological leadership amid rapid industry change, competing primarily against Applied Materials, ASM International, Wonik IPS, Hitachi, Tokyo Electron, Screen Holdings, and Semes across its deposition, etch, and clean markets.
The company maintains an extensive global service network across the U.S., China, Europe, India, Japan, Korea, Southeast Asia, and Taiwan, and is subject to numerous governmental regulations including export controls, trade restrictions, and environmental rules, with particular exposure to U.S.-China trade tensions and export licensing requirements affecting sales to Chinese customers. As of August 2025, Lam employed approximately 19,000 regular full-time employees globally, with over 29% engaged in research and development, and maintains ESG commitments including a goal of net zero emissions by 2050. For fiscal year 2025, ended June 29, 2025, the company continued to emphasize innovation, customer collaboration, and a broad product portfolio to address technology inflections such as 3D architecture and multiple patterning driven by demand for more powerful, cost-efficient semiconductors.
AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.
Financials
As reported to the SEC via XBRL, no adjustments
| Gross profit | $11.73B |
| Operating income | $8.2B |
| Diluted EPS | $5.76 |
| Gross margin | 50.5% |
| Net margin | 31.3% |
Revenue by region
FY2026 geographic segments • from the 10-K
Latest filings
10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR
| Form | Filed |
|---|---|
| DEF 14A | Sep 24, 2026 |
| 4ARCHER TIMOTHY | Sep 10, 2026 |
| 4Mayer Bethany | Sep 10, 2026 |
| 4Varadarajan Seshasayee | Sep 3, 2026 |
| 4Harter Ava | Sep 1, 2026 |
| 8-K | Aug 27, 2026 |
Insider trading
From Form 4 filings
| Insider | Date | Type |
|---|---|---|
| ARCHER TIMOTHY | Sep 9, 2026 | Sell |
| ARCHER TIMOTHY | Sep 9, 2026 | Option exercise |
| Mayer Bethany | Sep 9, 2026 | Sell |
| Varadarajan Seshasayee | Sep 2, 2026 | Sell |
| Varadarajan Seshasayee | Sep 2, 2026 | Option exercise |
Top holders
13F & 13D/G • latest quarter
| Holder | Stake | Filed | Value |
|---|---|---|---|
| BlackRock, Inc. | 10.6% | Aug 7, 2026 | $57.56B |
| Vanguard Capital Management | 6.5% | Aug 13, 2026 | $35.4B |
| STATE STREET CORPORATION | 4.9% | Sep 22, 2026 | $26.32B |
| Invesco Ltd. | 4.2% | Aug 14, 2026 | $22.67B |
| JPMORGAN CHASE & CO | 3.6% | Aug 12, 2026 | $18.62B |
Executive pay and the vote
From the FY2026 proxy statement (DEF 14A), filed Sep 24, 2026
Figures come from the company’s proxy statement, and the vote count from its 8-K.
The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.
Sign up free →Latest 10-K takeaways
filed Aug 7, 2026Lam Research reports strong FY2026 results (revenue +26%, net income +35.6%, expanding gross margin) with an optimistic AI-driven demand narrative and confident long-term growth belief. The text is mostly backward-looking and factual, with modest risk language around tariffs, trade restrictions, and industry cyclicality. Automated screens found no red flags in this filing.
Written by Scrutar's AI from LRCX's SEC filings. Check anything you rely on against the filing. Not investment advice.
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Peers identified from LRCX's own SEC filings.
Data as of Oct 16, 2026Source: SEC EDGAR.