As of Q2'26 (2025-12-28), LRCX reported net income of USD 1.59B, reflecting a year-over-year growth rate of 33.8%. This marks a continued upward trajectory in both absolute net income and growth rate compared to previous quarters. From Q3'23 to Q2'26, LRCX’s net income demonstrated a strong recovery and acceleration, rising from USD 814M to 1.59B. After a period of year-over-year declines through Q2'24, the company reversed course in Q3'24, posting positive growth that steadily increased, peaking at 68.6% in Q4'25. The bar chart highlights robust sequential gains, especially from Q3'25 to Q4'25, before stabilizing at high levels, indicating sustained profitability momentum into fiscal 2026.