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
DateValue
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