Lam Research Quarterly Cash Flow Statement
NASDAQ: LRCXTechnologyIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lam Research free cash flow
In the quarter ended Jun 28, 2026, Lam Research generated $1.46 billion of operating cash flow and spent $188.8 million on capital expenditures. That left free cash flow of $1.27 billion, a free-cash-flow margin of 18.9% of revenue. Free cash flow was down 46.7% from the prior year's $2.38 billion.
Lam Research returned $571.9 million to shareholders: $325.3 million in dividends and $246.6 million in share repurchases, equal to 45% of free cash flow. Free cash flow covered dividend payments 3.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Lam Research cash flow statement (quarterly)
| Quarter (USD) | Q4 20262026-06-28 | Q3 20262026-03-29 | Q2 20262025-12-28 | Q1 20262025-09-28 | Q4 20252025-06-29 | Q3 20252025-03-30 | Q2 20252024-12-29 | Q1 20252024-09-29 | Q4 20242024-06-30 | Q3 20242024-03-31 | Q2 20242023-12-24 | Q1 20242023-09-24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.28B | 1.83B | 1.59B | 1.57B | 1.72B | 1.33B | 1.19B | 1.12B | 1.02B | 965.83M | 954.27M | 887.40M |
| Net Income growth (YoY) | +32.39% | +37.18% | +33.83% | +40.51% | +68.59% | +37.78% | +24.81% | +25.81% | +27.13% | +18.65% | -35.02% | -37.76% |
| Depreciation & Amortization | 119.64M | 116.32M | 103.92M | 101.64M | 98.44M | 97.34M | 96.20M | 94.30M | 88.36M | 89.92M | 90.94M | 90.48M |
| Stock-Based Compensation | 103.98M | 96.62M | 88.54M | 97.24M | 94.29M | 87.11M | 81.96M | 80.01M | 79.09M | 76.85M | 69.90M | 67.21M |
| Change in Working Capital | — | -874.64M | -255.50M | 76.18M | — | -188.12M | -535.79M | 386.90M | — | 266.64M | 423.30M | -69.54M |
| Operating Cash Flow | 1.46B | 1.14B | 1.48B | 1.78B | 2.55B | 1.31B | 741.94M | 1.57B | 862.43M | 1.38B | 1.45B | 951.16M |
| Capital Expenditures | -188.80M | -331.60M | -260.88M | -185.12M | -172.19M | -288.06M | -188.35M | -110.59M | -100.75M | -103.65M | -115.28M | -76.99M |
| Investing Cash Flow | -143.74M | -334.58M | -257.78M | -186.05M | -129.25M | -292.92M | -175.38M | -110.55M | -101.61M | -92.36M | -101.96M | -74.68M |
| Dividends Paid | -325.32M | -325.83M | -327.51M | -291.98M | -295.21M | -295.72M | -297.63M | -260.99M | -261.46M | -262.71M | -264.41M | -230.33M |
| Share Repurchases | -246.56M | -1.16B | -1.47B | -975.79M | -1.29B | -435.32M | -697.69M | -997.03M | -373.55M | -980.56M | -645.46M | -843.24M |
| Debt Repaid | — | — | — | — | — | — | — | — | — | — | — | -253.11M |
| Financing Cash Flow | -480.31M | -2.23B | -1.73B | -1.28B | -1.51B | -1.23B | -935.23M | -1.26B | -574.15M | -1.24B | -859.89M | -1.33B |
| Net Change in Cash | 831.12M | -1.43B | -516.28M | 304.22M | 944.68M | -214.43M | -394.69M | 221.28M | 177.05M | 48.23M | 498.71M | -460.56M |
| Free Cash Flow | 1.27B | 809.82M | 1.22B | 1.59B | 2.38B | 1.02B | 553.59M | 1.46B | 761.68M | 1.28B | 1.34B | 874.17M |
This table shows 12 quarterly periods of Lam Research's cash flow statement, from Q4 2026 back to Q1 2024, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow LRCX's reporting calendar. What is a cash flow statement?