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Sohini Mondal

Lam Research’s Quarterly Earnings Preview: What You Need to Know

Lam Research LRCX Semiconductor

With a market cap of $77.3 billion, Lam Research Corporation (LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The Fremont, California-based company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. 

The semiconductor equipment maker is expected to unveil its fiscal Q3 2025 earnings results after the market closes on Wednesday, Apr. 23. Ahead of this event, analysts expect Lam Research to report adjusted earnings of $1 per share, up 28.2% from $0.78 per share in the previous year's quarter. It has surpassed Wall Street's bottom-line estimates in the past four quarters. In Q2 2025, the company exceeded the consensus EPS estimate by 4.6%.

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