Lam Research (LRCX) Q3 2026 earnings results beat revenue expectations, EPS

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The semiconductor manufacturing equipment company saw its stock drop on the news.

Donovan Erskine October 21, 2026 1:33 PM Lam Research 1

Lam Research (LRCX), the company that manufactures the equipment used to create semiconductors, is out with earnings. Q3 saw the company beat revenue expectations, but it fell short of the whisper number.

Lam Research, reported $8.219 Billion in revenue in its Q3 2026 earnings report. This beats the expectation of $8.14 Billion. The company’s EPS (earnings per share) was $2.19/share, which beat the estimate of $2.17/share, but missed the $2.28/share whisper number.

As a result, Lam Research stock was down in after hours trading. Shares were valued as low as $242.98 after ending the day at $260.81.

In addition to Lam Research, Meta and Tesla are also reporting quarterly earnings today. Stick with Shacknews for your financial news as it relates to technology.

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Donovan Erskine News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_

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