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

Lam Research (LRCX) has reported Operating Expenses for 18 consecutive years, with $863.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 14.84% year-over-year to $863.5 million; the TTM figure through Mar 2026 stood at $3.4 billion (up 15.83% YoY), while the FY2025 annual figure was $3.1 billion, up 10.37% from the prior year.
• Operating Expenses came in at $863.5 million for Q1 2026 at Lam Research, up from $841.0 million in the prior quarter.
• The five-year high for Operating Expenses was $863.5 million in Q1 2026, with the low at $603.5 million in Q2 2023.
• Average Operating Expenses over 5 years is $722.1 million, with a median of $713.5 million recorded in 2024.
• Across the five-year window, Operating Expenses decreased 2.84% in 2023 and advanced 18.93% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $696.2 million in 2022, then climbed by 0.58% to $700.2 million in 2023, then rose by 5.55% to $739.1 million in 2024, then grew by 13.78% to $841.0 million in 2025, then rose by 2.68% to $863.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $863.5 million, $841.0 million, and $855.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.