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Lam Research Corporation Reports Financial Results for the Quarter Ended June 28, 2026

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3 months ago

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FREMONT, Calif., July 29, 2026 /PRNewswire/ — Lam Research Corporation (the “Company,” “Lam,” “Lam Research”) today announced financial results for the quarter ended June 28, 2026 (the “June 2026 quarter”).

Highlights for the June 2026 quarter were as follows:

Revenue of $6.72 billion.U.S. GAAP gross margin as a percent of revenue of 51.7%, U.S. GAAP operating margin as a percent of revenue of 37.4%, and U.S. GAAP diluted EPS of $1.81.Non-GAAP gross margin as a percent of revenue of 52.0%, non-GAAP operating margin as a percent of revenue of 38.4%, and non-GAAP diluted EPS of $1.82.

 

Key Financial Data for the Quarters Ended 
June 28, 2026 and March 29, 2026 
(in thousands, except per-share data, percentages, and basis points)  

U.S. GAAP

June 2026

March 2026

Change Q/Q

Revenue

$          6,722,238

$          5,841,488

+15.1 %

Gross margin

51.7 %

49.8 %

+ 190 bps

Operating margin

37.4 %

35.0 %

+ 240 bps

Diluted EPS

$                   1.81

$                   1.45

+24.8 %

Non-GAAP

June 2026

March 2026

Change Q/Q

Revenue

$          6,722,238

$          5,841,488

+15.1 %

Gross margin

52.0 %

49.9 %

+ 210 bps

Operating margin

38.4 %

35.0 %

+ 340 bps

Diluted EPS

$                   1.82

$                   1.47

+23.8 %

U.S. GAAP Financial Results

For the June 2026 quarter, revenue was $6.72 billion, gross margin was $3.48 billion, or 51.7% of revenue, operating expenses were $965.3 million, operating margin was 37.4% of revenue, and net income was $2.28 billion, or $1.81 per diluted share on a U.S. GAAP basis. This compares to revenue of $5.84 billion, gross margin of $2.91 billion, or 49.8% of revenue, operating expenses of $863.5 million, operating margin of 35.0% of revenue, and net income of $1.83 billion, or $1.45 per diluted share, for the quarter ended March 29, 2026 (the “March 2026 quarter”).

Non-GAAP Financial Results

For the June 2026 quarter, non-GAAP gross margin was $3.50 billion, or 52.0% of revenue, non-GAAP operating expenses were $916.4 million, non-GAAP operating margin was 38.4% of revenue, and non-GAAP net income was $2.28 billion, or $1.82 per diluted share. This compares to non-GAAP gross margin of $2.91 billion, or 49.9% of revenue, non-GAAP operating expenses of $866.2 million, non-GAAP operating margin of 35.0% of revenue, and non-GAAP net income of $1.85 billion, or $1.47 per diluted share, for the March 2026 quarter.

“Lam delivered record revenue, operating margin and earnings per share in the June quarter as AI-driven demand continues to reshape the semiconductor industry,” said Tim Archer, Lam Research’s President and Chief Executive Officer. “Our strategic investments and technology leadership are helping customers accelerate through rising manufacturing complexity, positioning Lam for a third consecutive year of outperformance in 2026.”

Balance Sheet and Cash Flow Results

Cash, cash equivalents, and restricted cash balances increased to $5.60 billion at the end of the June 2026 quarter compared to $4.77 billion at the end of the March 2026 quarter. The increase was primarily driven by cash generated from operating activities, partially offset by cash deployed for capital return activities during the quarter.

Deferred revenue at the end of the June 2026 quarter increased to $2.43 billion compared to $2.22 billion as of the end of the March 2026 quarter. Lam’s deferred revenue balance does not include shipments to customers in Japan, to whom title does not transfer until customer acceptance. Shipments to customers in Japan are classified as inventory at cost until the time of acceptance. The estimated future revenue from shipments to customers in Japan was approximately $490.2 million as of June 28, 2026 and $434.3 million as of March 29, 2026.

Revenue

The geographic distribution of revenue during the June 2026 quarter is shown in the following table:

Region

Revenue

Taiwan

27 %

China

26 %

Korea

20 %

Japan

9 %

United States

9 %

Southeast Asia

5 %

Europe

4 %

The following table presents revenue disaggregated between systems and customer support-related revenue:

Three Months Ended

June 28,
2026

March 29,
2026

June 29,
2025

(In thousands)

Systems revenue

$    4,249,848

$    3,730,582

$    3,437,625

Customer support-related revenue and other

2,472,390

2,110,906

1,733,768

$    6,722,238

$    5,841,488

$    5,171,393

Systems revenue includes sales of new leading-edge equipment in deposition, etch and other wafer fabrication markets.

Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from our Reliant® product line.

Outlook

For the quarter ended September 27, 2026, Lam is providing the following guidance:

U.S. GAAP

Reconciling
Items

Non-GAAP

Revenue

$8.10 Billion

+/-

$400 Million

—

$8.10 Billion

+/-

$400 Million

Gross margin

52.0 %

+/-

1 %

$  2.7

Million

52.0 %

+/-

1 %

Operating margin

39.5 %

+/-

1 %

$  3.0

Million

39.5 %

+/-

1 %

Net income per diluted share

$2.15

+/-

$0.15

$  3.3

Million

$2.15

+/-

$0.15

Diluted share count

1.255 Billion

—

1.255 Billion

The information provided above is only an estimate of what the Company believes is realizable as of the date of this release and does not incorporate the potential impact of any business combinations, asset acquisitions, divestitures, restructuring, balance sheet valuation adjustments, financing arrangements, other investments, or other items that may be completed or realized after the date of this release, except as described below. U.S. GAAP to non-GAAP reconciling items provided include only those items that are known and can be estimated as of the date of this release. Actual results will vary from this model and the variations may be material. Reconciling items included above are as follows:

Gross margin – amortization related to intangible assets acquired through business combinations, $2.7 million.Operating margin – amortization related to intangible assets acquired through business combinations, $3.0 million.Net income per diluted share – amortization related to intangible assets acquired though business combinations, $3.0 million; amortization of debt discounts, $0.5 million; and associated tax benefit for non-GAAP items ($0.2 million); totaling $3.3 million.

Use of Non-GAAP Financial Results

In addition to U.S. GAAP results, this press release also contains non-GAAP financial results. The Company’s non-GAAP results for both the June 2026 and March 2026 quarters exclude amortization related to intangible assets acquired through business combinations, the effects of elective deferred compensation-related assets and liabilities, amortization of note discounts, workforce optimization charges, and the net income tax effect of non-GAAP items.

Management uses non-GAAP gross margin, operating expense, operating income, operating margin, net income, and net income per diluted share to evaluate the Company’s operating and financial results. The Company believes the presentation of non-GAAP results is useful to investors for analyzing business trends and comparing performance to prior periods, along with enhancing investors’ ability to view the Company’s results from management’s perspective. Tables presenting reconciliations of non-GAAP results to U.S. GAAP results are included at the end of this press release and on the Company’s website at https://investor.lamresearch.com.

Caution Regarding Forward-Looking Statements

Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, but are not limited to: our outlook and guidance for future financial results, including revenue, gross margin, operating margin, net income per diluted share, and diluted share count; the effect of AI-driven demand on the semiconductor industry; the rising complexity of semiconductor manufacturing and the extent to which our investments and technology leadership help customers; and our positioning for outperformance. Some factors that may affect these forward-looking statements include: business, economic, political and/or regulatory conditions in the consumer electronics industry, the semiconductor industry and the overall economy may deteriorate or change; the actions of our customers and competitors may be inconsistent with our expectations; trade regulations, export controls, tariffs, trade disputes, and other geopolitical tensions may inhibit our ability to sell our products; supply chain cost increases, tariffs, export controls and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions, export controls or manufacturing capacity constraints may limit our ability to manufacture and sell our products; and natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. These uncertainties and changes could materially affect the forward-looking statements and cause actual results to vary from expectations in a material way. The Company undertakes no obligation to update the information or statements made in this release.

Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at www.lamresearch.com. (LRCX)

Consolidated Financial Tables Follow.

 

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data and percentages)

Three Months Ended

Twelve Months Ended

June 28,
2026

March 29,
2026

June 29,
2025

June 28,
2026

June 29,
2025

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(1)

Revenue

$ 6,722,238

$ 5,841,488

$ 5,171,393

$ 23,232,690

$ 18,435,591

Cost of goods sold

3,243,498

2,930,961

2,581,684

11,507,382

9,456,532

Gross margin

3,478,740

2,910,527

2,589,709

11,725,308

8,979,059

Gross margin as a percent of revenue

51.7 %

49.8 %

50.1 %

50.5 %

48.7 %

Research and development

642,922

583,200

580,178

2,375,873

2,096,387

Selling, general and administrative

322,330

280,311

268,403

1,149,640

981,704

Total operating expenses

965,252

863,511

848,581

3,525,513

3,078,091

Operating income

2,513,488

2,047,016

1,741,128

8,199,795

5,900,968

Operating margin

37.4 %

35.0 %

33.7 %

35.3 %

32.0 %

Other income (expense), net

41,654

(35,460)

37,853

62,678

57,161

Income before income taxes

2,555,142

2,011,556

1,778,981

8,262,473

5,958,129

Income tax expense

(277,860)

(186,096)

(58,893)

(997,077)

(599,912)

Net income

$ 2,277,282

$ 1,825,460

$ 1,720,088

$ 7,265,396

$  5,358,217

Net income per share:

Basic

$          1.82

$          1.46

$          1.35

$           5.79

$           4.17

Diluted

$          1.81

$          1.45

$          1.35

$           5.76

$           4.15

Number of shares used in per share calculations:

Basic

1,251,286

1,249,728

1,274,279

1,255,079

1,286,101

Diluted

1,256,032

1,257,325

1,276,933

1,261,102

1,290,142

Cash dividend declared per common share

$          0.26

$          0.26

$          0.23

$           1.04

$           0.92

(1)

Derived from audited financial statements

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)

June 28,
2026

March 29,
2026

June 29,
2025

(unaudited)

(unaudited)

(1)

ASSETS

Cash and cash equivalents

$         5,579,171

$         4,750,936

$         6,390,659

Accounts receivable, net

5,339,682

4,132,890

3,378,071

Inventories

4,276,111

3,999,992

4,307,991

Prepaid expenses and other current assets

415,741

413,099

440,274

Total current assets

15,610,705

13,296,917

14,516,995

Property and equipment, net

2,956,472

2,853,614

2,428,744

Goodwill and intangible assets

1,895,859

1,882,017

1,808,685

Other assets

3,066,707

2,759,362

2,590,836

Total assets

$        23,529,743

$        20,791,910

$        21,345,260

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current portion of long-term debt and finance lease obligations

$                 4,073

$                 4,095

$              754,311

Other current liabilities

5,933,176

5,238,303

5,814,114

Total current liabilities

5,937,249

5,242,398

6,568,425

Long-term debt and finance lease obligations

3,730,490

3,730,384

3,730,194

Income taxes payable

681,197

621,572

603,412

Other long-term liabilities

709,886

612,777

581,610

Total liabilities

11,058,822

10,207,131

11,483,641

Stockholders’ equity (2)

12,470,921

10,584,779

9,861,619

Total liabilities and stockholders’ equity

$        23,529,743

$        20,791,910

$        21,345,260

(1)

Derived from audited financial statements

(2)

Common shares issued and outstanding were 1,251,278 as of June 28, 2026, 1,250,539 as of March 29, 2026, and 1,268,740 as of June 29, 2025

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

Three Months Ended

Twelve Months Ended

June 28,
2026

March 29,
2026

June 29,
2025

June 28,
2026

June 29,
2025

(unaudited)

(unaudited)

(unaudited)

(unaudited)

(1)

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income

$     2,277,282

$     1,825,460

$     1,720,088

$     7,265,396

$     5,358,217

Adjustments to reconcile net income to net cash provided by
operating activities:

Depreciation and amortization

119,642

116,322

98,439

441,533

386,277

Deferred income taxes

(175,752)

(19,478)

(151,679)

(289,062)

(363,247)

Equity-based compensation expense

103,985

96,616

94,286

386,381

343,371

Other, net

(8,006)

(2,855)

14,240

(32,712)

6,845

Changes in operating assets and liabilities

(859,923)

(874,645)

778,814

(1,913,879)

441,801

Net cash provided by operating activities

1,457,228

1,141,420

2,554,188

5,857,657

6,173,264

CASH FLOWS FROM INVESTING ACTIVITIES:

Capital expenditures and intangible assets

(188,801)

(331,604)

(172,191)

(966,405)

(759,186)

Other, net

45,060

(2,976)

42,940

44,253

51,094

Net cash used for investing activities

(143,741)

(334,580)

(129,251)

(922,152)

(708,092)

CASH FLOWS FROM FINANCING ACTIVITIES:

Principal payments on debt, including finance lease
obligations and payments for debt issuance costs

(1,355)

(751,194)

(1,485)

(755,428)

(507,488)

Treasury stock purchases, including excise tax payments

(246,560)

(1,162,837)

(1,292,277)

(3,851,343)

(3,422,321)

Dividends paid

(325,318)

(325,829)

(295,207)

(1,270,635)

(1,149,542)

Reissuance of treasury stock related to employee stock
purchase plan

88,780

—

79,556

155,965

140,113

Proceeds from issuance of common stock

4,426

9,167

696

17,447

2,452

Other, net

(282)

55

(820)

(13,793)

143

Net cash used for financing activities

(480,309)

(2,230,638)

(1,509,537)

(5,717,787)

(4,936,643)

Effect of exchange rate changes on cash, cash equivalents,
and restricted cash

(2,056)

(4,979)

29,284

(27,431)

28,324

Net change in cash, cash equivalents, and restricted cash

831,122

(1,428,777)

944,684

(809,713)

556,853

Cash, cash equivalents, and restricted cash at beginning of
period (2)

4,766,821

6,195,598

5,462,972

6,407,656

5,850,803

Cash, cash equivalents, and restricted cash at end of period
(2)

$     5,597,943

$     4,766,821

$     6,407,656

$     5,597,943

$     6,407,656

(1)

Derived from audited financial statements

(2)

Restricted cash is reported within Other assets in the Condensed Consolidated Balance Sheets

 

Non-GAAP Financial Summary
(in thousands, except percentages and per share data)
(unaudited)

Three Months Ended

June 28,
2026

March 29,
2026

Revenue

$     6,722,238

$     5,841,488

Gross margin

$     3,497,336

$     2,913,123

Gross margin as percent of revenue

52.0 %

49.9 %

Operating expenses

$        916,420

$        866,166

Operating income

$     2,580,916

$     2,046,957

Operating margin

38.4 %

35.0 %

Net income

$     2,279,968

$     1,851,442

Net income per diluted share

$              1.82

$              1.47

Shares used in per share calculation – diluted

1,256,032

1,257,325

 

Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income
(in thousands, except per share data)
(unaudited) 

Three Months Ended

June 28,
2026

March 29,
2026

U.S. GAAP net income

$       2,277,282

$       1,825,460

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations – cost of goods sold

2,668

2,668

Elective deferred compensation (“EDC”) related liability valuation increase (decrease) – cost of goods sold

15,379

(6,476)

Workforce optimization charges – cost of goods sold

549

6,404

EDC related liability valuation increase (decrease) – research and development

27,682

(11,656)

Workforce optimization charges – research and development

960

9,437

Amortization related to intangible assets acquired through certain business combinations – selling, general and
administrative

348

348

EDC related liability valuation increase (decrease) – selling, general and administrative

18,454

(7,771)

Workforce optimization charges –  selling, general and administrative

1,388

6,987

Amortization of note discounts – other income (expense), net

504

674

(Gain) loss on EDC related asset – other income (expense), net

(61,325)

27,265

Net income tax benefit on non-GAAP items

(3,921)

(1,898)

Non-GAAP net income

$       2,279,968

$       1,851,442

Non-GAAP net income per diluted share

$                1.82

$                1.47

U.S. GAAP net income per diluted share

$                1.81

$                1.45

U.S. GAAP and non-GAAP  number of shares used for per diluted share calculation

1,256,032

1,257,325

 

Reconciliation of U.S. GAAP Gross Margin, Operating Expenses, Operating Income and Operating Margin to Non-GAAP
Gross Margin, Operating Expenses, Operating Income and Operating Margin
(in thousands, except percentages)
(unaudited) 

Three Months Ended

June 28,
2026

March 29,
2026

U.S. GAAP gross margin

$     3,478,740

$     2,910,527

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations

2,668

2,668

EDC related liability valuation increase (decrease)

15,379

(6,476)

Workforce optimization charges

549

6,404

Non-GAAP gross margin

$     3,497,336

$     2,913,123

U.S. GAAP gross margin as a percent of revenue

51.7 %

49.8 %

Non-GAAP gross margin as a percent of revenue

52.0 %

49.9 %

U.S. GAAP operating expenses

$        965,252

$        863,511

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations

(348)

(348)

EDC related liability valuation (increase) decrease

(46,136)

19,427

Workforce optimization charges

(2,348)

(16,424)

Non-GAAP operating expenses

$        916,420

$        866,166

U.S. GAAP operating income

$     2,513,488

$     2,047,016

Non-GAAP operating income

$     2,580,916

$     2,046,957

U.S. GAAP operating margin

37.4 %

35.0 %

Non-GAAP operating margin

38.4 %

35.0 %

 

Lam Research Corporation Contact:
Ram Ganesh, Investor Relations, phone: 510-572-1615, e-mail: investor.relations@lamresearch.com

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Published

17 minutes ago

on

October 23, 2026

By

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“Bevo Lab represents the next chapter in Dell Technologies’ longstanding relationship with The University of Texas and our shared commitment to innovation,” said Geraldine Tunnell, chief marketing officer, Dell Technologies. “By providing the secure, AI-ready infrastructure that powers this initiative, we’re enabling students, researchers, coaches and student-athletes to turn data into insight, accelerate innovation and unlock new possibilities for human performance. Together, we’re helping shape the future of sports analytics, research and education.”

Google Cloud: Pioneering AI Breakthroughs from Campus to Game Day

Google Cloud joins Bevo Lab as the Official Cloud Provider and Enterprise AI Provider, establishing a secure, powerful data foundation built for the future of collegiate athletic performance. By leveraging Google Cloud and Gemini, Google’s advanced multimodal, agentic AI, student researchers and athletic staff members can quickly unify vast athletic datasets to generate real-time sports intelligence. Google Public Sector’s Rapid Innovation and Specialty Engineering Teams will collaborate directly with UT coaches and students to prototype new sports technology while mentoring future sports and technology leaders. In fact, early collaboration with Google Public Sector has already introduced AI-driven workflows that save UT coaches more than 15 hours per week in game preparation, giving them critical time back to focus on strategy and player development.

“As a proud UT alum, I am thrilled to see my alma mater leading the charge at the intersection of collegiate sports, academic research, and artificial intelligence,” said Matt Renner, president and chief revenue officer of Google Cloud. “Bevo Lab will establish a new global benchmark for sports innovation, directly enhancing how the Longhorns will train, game plan, and compete on the field while providing a premier launchpad for the next generation of tech and sports analytics leaders. By putting our advanced data analytics platforms and Gemini models into the hands of UT students, coaches, and researchers, we are building a secure foundation for sports intelligence that will define the future of the industry.”

SHI International: Uniting Strategy and Integration for the Win

Founding sponsor SHI will serve as the strategic technology and solutions integrator of Bevo Lab, translating Texas Athletics’ vision into a secure, scalable technology architecture. Drawing on its deep expertise across IT infrastructure, cloud, AI and cybersecurity, SHI will orchestrate the partner ecosystem, ensuring multiple technologies across Bevo Lab operate as one unified platform for sports innovation that will evolve with the university’s athletic performance and provide research and workforce development opportunities for students managing the data analytics projects.

“For nearly four decades, customers have trusted SHI to bring together the right technologies, partners and expertise to build, manage and secure some of the world’s most complex IT environments,” said Jack Hogan, vice president of Advanced Growth Technologies at SHI International. “As the strategic technology and solutions integrator of Bevo Lab, we are thrilled to turn best-of-breed infrastructure, cloud, data, AI and security technologies into one trusted, scalable environment that enables Texas Athletics, coaches, student-athletes and researchers to achieve greatness on the playing field, in the lab, in the classroom and throughout their post-college careers.”

Strategic Collaboration Across Athletics and Industry

Longhorn Sports Properties, the Austin-based division of college media and technology leader Learfield, assisted in the development of Bevo Lab and secured its founding corporate sponsors.

“Bevo Lab is a cutting-edge collaboration that will make a tremendous positive impact on our coaches, our student-athletes and the university,” said Lucas Motta, vice president of Longhorn Sports Properties. “We are excited to lock arms with Dell Technologies, Google Cloud and SHI as leaders within their industry, and together we will help power Texas Athletics to even more championships while preparing our students for the new era in the tech workforce.”

Bevo Lab will be housed in Innovation Tower adjacent to the UT campus and in the heart of Austin’s Innovation District. A dedicated microsite that details Bevo Lab and its research will be available at texaslonghorns.com/bevolab.

About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.
 

About Google Cloud
Google Cloud offers a powerful, optimized AI stack—including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications—that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

About SHI International
SHI International is a $16 billion transformational technology solutions integrator serving the needs of more than 17,000 corporate, enterprise, public sector and academic customer organizations around the world. It helps companies achieve business goals through the use of technologies ranging from software licensing and end user computing devices to innovative cloud and edge solutions. With over 7,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S.

About Learfield
Learfield is the leading media and technology company powering college athletics. Through its digital and physical platforms, Learfield owns and leverages a deep data set and relationships in the industry to drive revenue, growth, brand awareness, and fan engagement for brands, sports, and entertainment properties. With ties to over 1,200 collegiate institutions and over 12,000 local and national brand partners, Learfield’s presence in college sports and live events delivers influence and maximizes reach to target audiences. With solutions for a 365-day, 24/7 fan experience, Learfield enables schools and brands to connect with fans through licensed merchandise, game ticketing, donor identification for athletic programs, exclusive custom content, innovative revenue generation solutions, student-athlete marketing initiatives, and advanced digital platforms. Since 2008, it has served as title sponsor for the acclaimed Learfield Directors’ Cup, supporting athletic departments across all divisions. 

Media contacts:
University of Texas Athletics: John Bianco, john.bianco@athletics.utexas.edu, 512-471-1346

Longhorn Sports Properties/Learfield: Tammy Purves, tammy.purves@learfield.com, 404-932-3266

McCombs School of Business: Judie Kinonen, Judie.Kinonen@mccombs.utexas.edu, 409-356-3324

Dell Technologies: Lauren Mauro, media.relations@dell.com.

Google Cloud: press@google.com

SHI: Kaitlynn Cooney, SHI-PR@walkersands.com

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SOURCE Learfield

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Technology

XbotGo Named World’s No. 1 Consumer Team Sports AI Tracking Camera Brand

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October 23, 2026

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XbotGo recognized as the market leader in consumer team sports AI tracking technology based on 2025 unit sales.  

MOUNTAIN VIEW, Calif., Oct. 23, 2026 /PRNewswire/ — XbotGo is proud to announce that it has officially been recognized as the World’s No. 1 Consumer Team Sports AI Tracking Camera Brand by China Insights Consultancy (CIC), a premier independent market research and consulting firm.  

The certification, issued in October 2026 under research registration number ⁠CIC-2026-985176⁠, is based on a comprehensive evaluation of global unit sales volume throughout the 2025 calendar year. The market research specifically measures consumer-grade camera devices designed for team sports, such as basketball and football, that leverage advanced computer vision and artificial intelligence algorithms to automatically track athletes and capture dynamic gameplay without manual operation.  

“This global market recognition is a powerful testament to the hard work of our engineering teams and the trust our community places in us every day,” said Dr. David Tan, CEO of XbotGo. “From everyday parents and local youth coaches to elite amateur athletes, our mission has always been to make professional-grade sports analysis and hands-free recording accessible to everyone. Being named the global sales leader proves that our vision is resonating worldwide.”

The XbotGo Falcon series combines ultra-sharp 4K resolution, intelligent multi-player tracking, instant highlight creation, and seamless livestreaming capabilities into a compact, subscription-free device. By eliminating the need for a dedicated camera operator, XbotGo empowers teams and families to preserve and analyze every pivotal moment effortlessly.

To learn more about the XbotGo Falcon and explore its award-winning AI tracking technology, visit xbotgo.com.

About XbotGo

XbotGo was founded in 2021 by Dr. David Tan—a computer vision expert, hardware innovator, and devoted soccer dad. Like every parent on the sidelines, he found traditional cameras either too complex or too costly to capture his child’s moments on the field. That frustration sparked a vision: to make sports recording accessible to all through AI. Today, XbotGo is a global AI sports technology company owned by Blink Tech, headquartered in Silicon Valley, California, with R&D centers across Silicon Valley, Beijing, Shenzhen, and Suzhou.

Media Contact:
XbotGo
Gabriel Roxas
PR@xbotgo.com

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/xbotgo-named-worlds-no-1-consumer-team-sports-ai-tracking-camera-brand-302917631.html

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Technology

DataBeyond Showcases PICKINGMAN in Global Livestream from Operating Waste-Sorting Facility

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17 minutes ago

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October 23, 2026

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DONGGUAN, China, Oct. 23, 2026 /PRNewswire/ — DataBeyond showcased PICKINGMAN, its embodied AI robot for mixed municipal solid waste sorting, during the robot’s first global public livestream at 8 a.m. Beijing time on October 22. The broadcast took place at the Liaobu Municipal Solid Waste Integrated Treatment Center in Dongguan.

Built for Waste-Sorting Conditions

The broadcast demonstrated the robot working on an operating sorting line, highlighting the application of embodied AI to demanding industrial tasks involving mixed materials, dirty conditions and repetitive manual labor. PICKINGMAN began operating at the facility on September 22.

PICKINGMAN features dual arms with a total of 14 degrees of freedom, IP65-rated dust and water protection, and a maximum picking rate of 3,600 picks per hour. Designed to support continuous 24/7 operation, it can sort recyclables including PET bottles and trays, PP containers, PE items, aluminum cans and glass. It coordinates perception, decision-making and motion control to identify and pick target materials on a moving conveyor.

Project Results

Jointly developed by DataBeyond and Guangdong Dongshi Environment Co., Ltd., the Liaobu project combines robotic picking with AI optical sorting and other processing equipment. According to project data, the complete sorting line can process 50 metric tons of mixed municipal solid waste in four hours, achieving approximately 35% waste reduction and 25% resource recovery. Previously, sorting recyclables from the same volume required four skilled workers working for eight hours.

The integrated line separates recyclables for downstream recovery before residual waste is compressed and sent for further treatment, connecting resource recovery with existing waste management operations.

Workforce Benefits and Next Steps

For operators facing recruitment and retention challenges, robotic picking offers an alternative to repetitive manual sorting. The project aims to reduce workers’ direct contact with waste and enable personnel to focus on equipment inspection, production coordination and other technical roles.

“During the livestream, we identified areas where the robot still needs improvement,” said DataBeyond’s Mo Zhuoya. “Bridging the gap between R&D and industrial deployment requires engineering experience. We will accelerate product iteration and conduct longer global livestreams.”

About DataBeyond

DataBeyond develops AI-powered optical sorting equipment and robotic solutions for recycling and solid waste processing. The company integrates AI and multisensor technologies to improve material separation and support resource recovery.

Media Contact

Felix WU
marketing@databeyond.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/databeyond-showcases-pickingman-in-global-livestream-from-operating-waste-sorting-facility-302918041.html

SOURCE DataBeyond

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