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Lam Research (LRCX) Operating Expenses (2016 - 2026)

Lam Research has reported Operating Expenses over the past 18 years, most recently at $863.5 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 14.84% year-over-year to $863.5 million; the TTM value through Mar 2026 reached $3.4 billion, up 15.83%, while the annual FY2025 figure was $3.1 billion, 10.37% up from the prior year.
  • Operating Expenses for Q1 2026 was $863.5 million at Lam Research, up from $841.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $863.5 million in Q1 2026 and troughed at $603.5 million in Q2 2023.
  • A 5-year average of $722.1 million and a median of $713.5 million in 2024 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: decreased 2.84% in 2023 and later increased 18.93% in 2025.
  • Year by year, Operating Expenses stood at $696.2 million in 2022, then increased by 0.58% to $700.2 million in 2023, then increased by 5.55% to $739.1 million in 2024, then rose by 13.78% to $841.0 million in 2025, then increased by 2.68% to $863.5 million in 2026.
  • Business Quant data shows Operating Expenses for LRCX at $863.5 million in Q1 2026, $841.0 million in Q4 2025, and $855.8 million in Q3 2025.