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Lam Research (LRCX) Operating Expenses (2016 - 2025)

Lam Research (LRCX) has 17 years of Operating Expenses data on record, last reported at $841.0 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 13.78% year-over-year to $841.0 million; the TTM value through Dec 2025 reached $3.3 billion, up 12.36%, while the annual FY2025 figure was $3.1 billion, 10.37% up from the prior year.
  • Operating Expenses reached $841.0 million in Q4 2025 per LRCX's latest filing, down from $855.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $855.8 million in Q3 2025 and bottomed at $584.8 million in Q1 2021.
  • Average Operating Expenses over 5 years is $692.0 million, with a median of $679.8 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: increased 23.67% in 2021, then decreased 2.84% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $639.8 million in 2021, then rose by 8.82% to $696.2 million in 2022, then rose 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.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $841.0 million in Q4 2025, $855.8 million in Q3 2025, and $848.6 million in Q2 2025.