Lam Research

Q4 FY2026 EarningsQ4 FY26 results beat consensus across all key metrics: revenue of $6.72B was slightly ahead of the $6.67B expected, while non-GAAP gross margin reached 52.0%, outperforming the 50.5% mean forecast. Non-GAAP diluted EPS of $1.82 exceeded the $1.68 consensus by 8.3%. Strong AI-driven demand drove record results and supported an aggressive Q1 FY27 revenue guidance of $8.1B (±$400M), significantly higher than current market expectations for the period.