Lam Research (LRCX) Cost of Revenue (2009 - 2026)
Lam Research (LRCX) posted quarterly Cost of Revenue of $2.9 billion for Q1 2026, up 21.79% year-over-year from $2.4 billion in Q1 2025, and up 8.81% on a QoQ basis from $2.7 billion in Q4 2025.
Lam Research (LRCX) Cost of Revenue (2009 - 2026) Analysis & Trends
Lam Research (LRCX) has reported Cost of Revenue for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 21.79% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $10.8 billion (up 21.77% YoY), while the FY2025 annual figure was $9.5 billion, up 20.43% from the prior year.
- Cost of Revenue came in at $2.9 billion for Q1 2026 at Lam Research, up from $2.7 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.9 billion in Q1 2026, with the low at $1.7 billion in Q2 2023.
- Average Cost of Revenue over 5 years is $2.4 billion, with a median of $2.3 billion recorded in 2024.
- Across the five-year window, Cost of Revenue grew 29.02% in 2022 and slumped 33.24% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $2.9 billion in 2022, then slumped by 31.04% to $2.0 billion in 2023, then climbed by 15.11% to $2.3 billion in 2024, then rose by 16.96% to $2.7 billion in 2025, then gained by 8.81% to $2.9 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.9 billion, $2.7 billion, and $2.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 3.96 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 2.93 Bn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 1.33 Bn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 501.55 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 697.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 431.10 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 1.45 Bn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 139.35 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 124.03 Mn |
| 10 | Kulicke & Soffa Industries | 7.00 Bn | 6.51 Bn | 119.70 Mn | 122.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 2.93 Bn |
| Mar 29, 2026 | 2.93 Bn |
| Dec 28, 2025 | 2.69 Bn |
| Dec 28, 2025 | 2.69 Bn |
| Sep 28, 2025 | 2.64 Bn |
| Sep 28, 2025 | 2.64 Bn |
| Jun 29, 2025 | 2.58 Bn |
| Jun 29, 2025 | 2.58 Bn |
| Mar 30, 2025 | 2.41 Bn |
| Mar 30, 2025 | 2.41 Bn |
| Dec 29, 2024 | 2.30 Bn |
| Dec 29, 2024 | 2.30 Bn |
| Sep 29, 2024 | 2.17 Bn |
| Sep 29, 2024 | 2.17 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Jun 30, 2024 | 2.03 Bn |
| Mar 31, 2024 | 1.99 Bn |
| Mar 31, 2024 | 1.99 Bn |
| Dec 24, 2023 | 2.00 Bn |
| Dec 24, 2023 | 2.00 Bn |