Lam Research LRCX
NASDAQ LRCX
$298.24 +0.23 (+0.08%)
As of: Sep 11, 2026 · 3:59 PM EDT

Lam Research (LRCX) Operating Expenses (2009 - 2026)

Lam Research (LRCX) posted Operating Expenses of $965.3 million for Q2 2026, up 11.78% on a QoQ basis from $863.5 million in Q1 2026, and up 13.75% year-over-year from $848.6 million in Q2 2025.

Analysis

Lam Research (LRCX) Operating Expenses (2009 - 2026) Analysis & Trends

Lam Research has reported Operating Expenses for 18 years, with the latest figure at $965.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 13.75% year-over-year to $965.3 million in Q2 2026; TTM through Jun 2026 was $3.5 billion, a 14.54% increase from a year earlier, with the FY2026 full-year figure at $3.5 billion, up 14.54% from the prior year.
  • Operating Expenses was $965.3 million for Q2 2026 at Lam Research, up from $863.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $965.3 million in Q2 2026, with the low at $603.5 million in Q2 2023.
  • Average Operating Expenses over 5 years is $735.6 million, with a median of $726.0 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses fell 2.84% in 2023, then rose 18.93% in 2025.
  • Over 5 years, Operating Expenses stood at $696.2 million in 2022, then gained by 0.58% to $700.2 million in 2023, then grew by 5.55% to $739.1 million in 2024, then advanced by 13.78% to $841.0 million in 2025, then increased by 14.78% to $965.3 million in 2026.
  • The last three Operating Expenses figures came in at $965.3 million (Q2 2026), $863.5 million (Q1 2026), and $841.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lam Research 374.58 Bn 369.00 Bn 3.48 Bn 965.25 Mn
2 Applied Materials 362.85 Bn 353.62 Bn 4.59 Bn 1.51 Bn
3 Kla 237.04 Bn 235.39 Bn 2.24 Bn 690.50 Mn
4 Mks 18.07 Bn 17.46 Bn 595.00 Mn 282.00 Mn
5 Onto Innovation 13.82 Bn 11.94 Bn 183.25 Mn 119.70 Mn
6 Nova 11.15 Bn 10.53 Bn 144.16 Mn 67.98 Mn
7 Camtek 6.80 Bn 6.49 Bn 66.70 Mn 39.48 Mn
8 ACM Research 4.89 Bn 3.55 Bn 134.62 Mn 84.88 Mn
9 Kulicke & Soffa Industries 4.50 Bn 3.98 Bn 157.95 Mn 89.68 Mn
10 Axcelis Technologies 3.52 Bn 3.12 Bn 91.19 Mn 70.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 965.25 Mn
Mar 29, 2026 863.51 Mn
Dec 28, 2025 840.96 Mn
Sep 28, 2025 855.79 Mn
Jun 29, 2025 848.58 Mn
Mar 30, 2025 751.93 Mn
Dec 29, 2024 739.10 Mn
Sep 29, 2024 738.49 Mn
Jun 30, 2024 713.54 Mn
Mar 31, 2024 743.42 Mn
Dec 24, 2023 700.24 Mn
Sep 24, 2023 631.67 Mn
Jun 25, 2023 603.52 Mn
Mar 26, 2023 663.36 Mn
Dec 25, 2022 696.19 Mn
Sep 25, 2022 639.00 Mn
Jun 26, 2022 621.16 Mn
Mar 27, 2022 624.53 Mn
Dec 26, 2021 639.78 Mn
Sep 26, 2021 604.52 Mn