Lam Research (LRCX) Q1 fiscal 2027 earnings results
Lam Research (LRCX) reported EPS of $2.20 against an analyst estimate of $2.17: in line with the estimate (+$0.03 (1.4%)). The quarter ended Sep 30, 2026; the company reported on Wednesday, October 21, 2026, after the close.
Status: Confirmed · cross-checked Nov 2 · Source: EODHD (calendar and fundamentals, cross-checked)
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LRCX Q1 fiscal 2027 results at a glance
| EPS reported | $2.20 |
|---|---|
| EPS estimate | $2.17 |
| Surprise | In line · +$0.03 (+1.4%) |
| Quarter ended | Sep 30, 2026 |
| Reported | Oct 21, 2026, after the close |
| Status | Confirmed · cross-checked Nov 2 |
EPS is as supplied by EODHD, in US dollars per share; whether it is adjusted or GAAP follows that source. Lam Research’s fiscal year ends in June, so the quarter ended Sep 30, 2026 is its Q1 fiscal 2027.
Lam Research EPS surprise history: last 5 quarters
Lam Research beat the EPS estimate in 3 of its last 5 reports, with an average surprise of +0.3%.
| Report date | EPS est. | EPS actual | Surprise | Result | Move* |
|---|---|---|---|---|---|
| Oct 21, 2026 | $2.17 | $2.20 | +1.4% | In line | -12.6% |
| Jul 29, 2026 | $1.68 | $1.82 | +8.3% | Beat | +10.4% |
| Apr 22, 2026 | $1.36 | $1.47 | +8.1% | Beat | +0.1% |
| Jan 23, 2026 | $1.61 | $1.87 | +16.2% | Beat | +1.0% |
| Nov 14, 2025 | -$1.72 | -$2.28 | -32.6% | Miss | -3.8% |
*Move: change in the closing price from the last close before the report day to the close the day after it. It is filled in a few trading days after each report.
LRCX stock reaction to the report
LRCX moved -11.76% in the first session that reflects the report (close of Oct 21, 2026 $260.81 to close of Oct 22, 2026 $230.15). Since the report: -12.71% (latest close $227.66 on Nov 2, 2026, against $260.81 before the reaction).
Next LRCX earnings report
Lam Research has not announced its next earnings date yet. This page shows a date only once it is confirmed. See the LRCX earnings calendar.
ATLAS fair value and signal for LRCX
| Last price | $227.66 (-4.8%) |
|---|---|
| ATLAS fair value | $196.46 (range $147.91–$258.33) · price is 16% above it |
| Chance of a higher close in 1 month | 47% (normal range $201.73–$251.28) |
These are model outputs from the same valuation and calibrated model as the Lam Research stock page. They describe an ordinary period and are not a forecast of any particular outcome.
Lam Research Q1 fiscal 2027 earnings: frequently asked questions
Did Lam Research beat earnings estimates for Q1 fiscal 2027?
Lam Research reported EPS of $2.20 against an analyst estimate of $2.17: in line with the estimate (+$0.03 (1.4%)).
When did Lam Research report Q1 fiscal 2027 results?
Lam Research reported on Wednesday, October 21, 2026, after the close, for the quarter ended Wednesday, September 30, 2026.
How often does LRCX beat EPS estimates?
In its last 5 reports with a recorded result, Lam Research beat the EPS estimate 3 times; the average surprise was +0.3%. Past results do not predict the next one.
How does ATLAS confirm a result?
A result is published only after it is cross-checked: the EODHD earnings calendar and the EODHD fundamentals feed must show the same EPS for the same fiscal period, or the same value must appear in two consecutive checks. Unconfirmed figures are never published. If the figures are revised later, this page updates.
Educational information, not investment advice. Disclaimer