Lam Research (LRCX) Invested Capital (2010 - 2026)
Lam Research (LRCX) posted Invested Capital of $16.21 billion for fiscal Q4 2026 (quarter ended Jun 28, 2026), up 13.0% from $14.35 billion a year earlier and up 13.2% from the prior quarter.
Lam Research (LRCX) Invested Capital (2010 - 2026) Analysis & Trends
Since fiscal Q4 2010, Lam Research has reported Invested Capital for 64 quarters.
- Annual Invested Capital has increased for eight consecutive fiscal years, with a five-year compound annual growth rate of 8.0% (FY2021 to FY2026).
- In prior fiscal years, Lam Research's Invested Capital was $14.35 billion in FY2025 (+6.1%), $13.52 billion in FY2024 (+2.3%), $13.22 billion in FY2023 (+17.2%) and $11.28 billion in FY2022 (+2.3%).
- The fiscal Q4 2026 figure stands as the highest quarterly Invested Capital in data going back to fiscal Q4 2010.
- On a year-over-year basis, Invested Capital has increased in each of the last nine quarters, with growth averaging 6.5% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q3 2023, with growth of 21.5%; the weakest was fiscal Q1 2022, with a decline of 3.8%.
- According to Business Quant data, Invested Capital for the three prior fiscal quarters was $14.32 billion (Q3 2026), $14.63 billion (Q2 2026) and $14.68 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,503.96 Bn | 5,278.12 Bn | 72.14 Bn | 262.35 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,366.45 Bn | 1,992.15 Bn | 27.22 Bn | 210.37 Bn |
| 3 | Broadcom | 1,676.58 Bn | 1,602.63 Bn | 20.46 Bn | 159.11 Bn |
| 4 | Micron Technology | 1,202.51 Bn | 1,141.27 Bn | 35.06 Bn | 106.45 Bn |
| 5 | Advanced Micro Devices | 998.39 Bn | 955.14 Bn | 6.20 Bn | 70.45 Bn |
| 6 | Asml Holding | 698.25 Bn | 654.08 Bn | 5.90 Bn | 27.94 Bn |
| 7 | Intel | 606.32 Bn | 491.05 Bn | 6.51 Bn | 153.68 Bn |
| 8 | Lam Research | 411.06 Bn | 387.85 Bn | 3.48 Bn | 16.21 Bn |
| 9 | Applied Materials | 405.83 Bn | 371.27 Bn | 4.59 Bn | 32.17 Bn |
| 10 | Arm Holdings | 307.33 Bn | 293.04 Bn | 1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 16.21 Bn |
| Mar 29, 2026 | 14.32 Bn |
| Dec 28, 2025 | 14.63 Bn |
| Sep 28, 2025 | 14.68 Bn |
| Jun 29, 2025 | 14.35 Bn |
| Mar 30, 2025 | 14.00 Bn |
| Dec 29, 2024 | 13.79 Bn |
| Sep 29, 2024 | 13.46 Bn |
| Jun 30, 2024 | 13.52 Bn |
| Mar 31, 2024 | 13.01 Bn |
| Dec 24, 2023 | 13.21 Bn |
| Sep 24, 2023 | 13.03 Bn |
| Jun 25, 2023 | 13.22 Bn |
| Mar 26, 2023 | 13.41 Bn |
| Dec 25, 2022 | 13.31 Bn |
| Sep 25, 2022 | 12.42 Bn |
| Jun 26, 2022 | 11.28 Bn |
| Mar 27, 2022 | 11.03 Bn |
| Dec 26, 2021 | 11.47 Bn |
| Sep 26, 2021 | 10.82 Bn |
Lam Research Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=LRCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "LRCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();