🔹 EPS (Non-GAAP): $1.04 (Est: $1.00) 🟢; UP +14% QoQ
🔹 Revenue: $4.72B (Est: $4.63B) 🟢; UP +8% QoQ
Q4'25 Guidance
🔹 Revenue: $4.7B–$5.3B (Est: $4.59B) 🟢
🔹 EPS: $1.10–$1.30 (Est: $0.98) 🟢
🔹 Gross Margin (Non-GAAP): 49.5% ± 1%
🔹 Operating Margin (Non-GAAP): 33.5% ± 1%
🔹 Diluted Share Count: 1.28B
By Segment
🔹 Systems Revenue: $3.04B; UP +15.6% YoY
🔹 Customer Support & Other: $1.68B; UP +20.6% YoY
By Geography
🔹 China: 31%
🔹 Korea: 24%
🔹 Taiwan: 24%
🔹 Japan: 10%
🔹 United States: 4%
🔹 Southeast Asia: 4%
🔹 Europe: 3%
Other Key Metrics:
🔹 GAAP Gross Margin: 49.0% (vs. 47.4% QoQ); UP +160 bps
🔹 Operating Cash Flow: Not specified in the release
🔹 Cash, Cash Equivalents, and Restricted Cash: $5.5B (vs. $5.7B QoQ)
🔹 Deferred Revenue: $2.01B (vs. $2.03B QoQ)
Strategic & CEO Commentary
🔸 “Lam’s portfolio is the most compelling it’s ever been, driving opportunities to expand our addressable market, gain share, and deliver innovative services as deposition and etch intensity increases in the production of advanced semiconductors.” – Tim Archer, CEO
🔸 "Our outlook remains strong even as we address near-term tariff-related uncertainty. We are highly confident in our ability to outperform semiconductor industry growth in the years to come."