As of Q2'26 (2025-12-28), LRCX reported an operating income of USD 1.81B, representing a year-over-year growth rate of 35.7%. This marks a slight decrease from the previous quarter's USD 1.83B, but the YoY growth remains robust. Over the period from Q3'23 to Q2'26, LRCX's operating income showed a strong upward trend, rising from USD 942M to over USD 1.8B. After a period of negative YoY growth through Q2'24, the company experienced a significant turnaround starting in Q3'24, with YoY growth rates consistently above 12% and peaking at 54.6% in Q4'25. The data reflects a sustained recovery and acceleration in operating income, with only minor fluctuations in the most recent quarters.