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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.

  • Quarterly Operating Expenses rose 14.84% to $863.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $3.4 billion through Mar 2026, up 15.83% year-over-year, with the annual reading at $3.1 billion for FY2025, 10.37% up from the prior year.
  • Operating Expenses was $863.5 million for Q1 2026 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.
  • The 5-year median for Operating Expenses is $713.5 million (2024), against an average of $722.1 million.
  • Biggest five-year swings in Operating Expenses: fell 2.84% in 2023 and later rose 18.93% in 2025.
  • Tracing LRCX's Operating Expenses over 5 years: stood at $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, then rose by 2.68% to $863.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $863.5 million, $841.0 million, and $855.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.