Lam Research (LRCX) Cost of Revenue (2009 - 2026)

Lam Research (LRCX) has reported Cost of Revenue for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.9 billion, up 21.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.8 billion (up 22.37% YoY), and the FY2025 annual result was $9.5 billion, up 21.09% from the prior year.
• Cost of Revenue improved to $2.9 billion in Q1 2026, from $2.7 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.9 billion in Q1 2026 and bottomed at $1.7 billion in Q2 2023.
• Historically, Cost of Revenue has averaged $2.3 billion across 5 years, with a median of $2.3 billion in 2024.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 33.24% in 2023, then grew 29.86% in 2025.
• Over 5 years, Cost of Revenue stood at $2.9 billion in 2022, then tumbled by 31.04% to $2.0 billion in 2023, then grew by 15.11% to $2.3 billion in 2024, then gained by 16.96% to $2.7 billion in 2025, then advanced 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.