NASDAQ$LRCX
Lam Research Corp · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reported financial results for the quarter ended June 27, 2021, with revenue of $4.15 billion and U.S. GAAP diluted EPS of $7.98.
Lam Research reported strong performance for the June quarter, with revenue of $4.15 billion and U.S. GAAP diluted EPS of $7.98. The company's technology differentiation and deep collaboration with customers position Lam to extend its leadership across all market segments.
- Revenue of $4.15 billion.
- U.S. GAAP gross margin of 46.2%, U.S. GAAP operating income as a percentage of revenue of 31.7%, and U.S. GAAP diluted EPS of $7.98.
- Non-GAAP gross margin of 46.5%, non-GAAP operating income as a percentage of revenue of 32.6%, and non-GAAP diluted EPS of $8.09.
- Cash and cash equivalents, short-term investments, and restricted cash and investments balances remained flat at $6.0 billion.
Headline financials
Revenue & EPS history
Lam Research · Revenue · Quarterly
$4.15B
Revenue by segment
Lam Research · $2.76B total across 1 segment · Q4 2021
- Systems$2.76B+48.2%100.0%
Forward guidance
For the quarter ended September 26, 2021, Lam is providing the following guidance: Revenue $4.3 Billion+/-$250 Million, Gross margin as a percentage of revenue 46.0%+/-1%, Operating income as a percentage of revenue 31.7%+/-1%, Net income per diluted share $8.02+/-$0.50, Diluted share count 143 Million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+2.1%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+5.5%
Avg return
30 days after
64%
43 / 67 earnings
Positive
+15.2%
Q2 2019
Best reaction
-8.2%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -1.6% | -5.4% | +15.0% | |
| Q2 2026 | +0.0% | -15.5% | -5.8% | |
| Q1 2026 | +2.2% | +10.2% | +1.0% | |
| Q3 2025 | +6.2% | +6.2% | +21.5% | |
| Q2 2025 | +7.4% | +6.3% | +2.1% | |
| Q1 2025 | +4.9% | +3.4% | -0.5% | |
| Q4 2024 | -2.9% | -9.9% | -4.0% | |
| Q3 2024 | +1.6% | +4.7% | +9.4% | |
| Q2 2024 | +4.2% | +1.9% | +11.8% | |
| Q1 2024 | -7.4% | -7.7% | +7.8% | |
| Q4 2023 | +8.0% | +10.5% | +1.5% | |
| Q3 2023 | +6.3% | +3.8% | +18.9% | |
| Q2 2023 | +2.1% | -1.8% | -1.8% | |
| Q1 2023 | +10.5% | +16.1% | +41.8% | |
| Q4 2022 | +8.4% | +12.4% | +1.4% | |
| Q3 2022 | -2.0% | -0.6% | -1.1% | |
| Q2 2022 | -5.6% | +0.3% | -2.6% | |
| Q1 2022 | -2.7% | -3.3% | +12.9% | |
| Q4 2021 | -0.5% | +3.1% | -2.1% | |
| Q3 2021 | +0.2% | +4.9% | +0.2% | |
| Q2 2021 | -8.2% | -9.3% | +2.6% | |
| Q1 2021 | -1.5% | -4.4% | +19.3% | |
| Q4 2020 | +8.5% | +9.3% | +0.5% | |
| Q3 2020 | +8.4% | +8.5% | +7.2% | |
| Q2 2020 | +3.1% | +2.2% | -2.7% | |
| Q1 2020 | +13.1% | +19.7% | +11.5% | |
| Q4 2019 | -2.6% | -8.4% | -0.4% | |
| Q3 2019 | +5.3% | +5.8% | -6.6% | |
| Q2 2019 | +15.2% | +18.7% | +28.1% | |
| Q1 2019 | +3.3% | +1.9% | +2.7% | |
| Q4 2018 | +10.0% | +10.3% | -0.2% | |
| Q3 2018 | +0.1% | -5.7% | -0.1% | |
| Q2 2018 | -7.3% | -8.9% | -10.2% | |
| Q1 2018 | +4.2% | +6.7% | +10.8% | |
| Q4 2017 | +0.2% | -3.0% | -4.0% | |
| Q3 2017 | +7.0% | +9.9% | +17.7% | |
| Q2 2017 | -0.3% | +1.2% | +3.6% | |
| Q1 2017 | -2.6% | -0.5% | +5.3% | |
| Q4 2016 | +1.6% | -0.9% | +2.4% | |
| Q3 2016 | -2.4% | — | — | |
| Q2 2016 | +1.2% | — | — | |
| Q1 2016 | +3.7% | — | — | |
| Q4 2015 | +1.0% | — | — | |
| Q3 2015 | +10.0% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | +3.3% | — | — | |
| Q4 2014 | +1.7% | — | — | |
| Q3 2014 | +9.8% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | -2.0% | — | — | |
| Q4 2013 | +2.4% | — | — | |
| Q3 2013 | +7.3% | — | — | |
| Q2 2013 | -1.5% | — | — | |
| Q1 2013 | +7.8% | — | — | |
| Q4 2012 | +0.6% | — | — | |
| Q3 2012 | -3.3% | — | — | |
| Q2 2012 | -2.3% | — | — | |
| Q1 2012 | -7.8% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q3 2011 | -1.5% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q2 2010 | +1.9% | — | — | |
| Q1 2010 | +4.6% | — | — | |
| Q1 2011 | +4.6% | — | — | |
| Q4 2010 | +4.6% | — | — |
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