Here's What to Expect From Lam Research's Next Earnings Report

Lam Research Corporation (LRCX), headquartered in Fremont, California, designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Valued at $183.9 billion by market cap, the company’s products are used to deposit special films on a silicon wafer and etch away portions of various films to create a circuit design. The semiconductor giant is expected to announce its fiscal first-quarter earnings for 2026 after the market closes on Wednesday, Oct. 22.

Ahead of the event, analysts expect LRCX to report a profit of $1.21 per share on a diluted basis, up 40.7% from $0.86 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.