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

Lam Research's Operating Expenses history runs 18 years deep, the most recent figure standing at $863.5 million for 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 for Q1 2026 stood at $863.5 million, 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.
• The 5-year median for Operating Expenses is $713.5 million (2024), against an average of $722.1 million.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 2.84% in 2023, then grew 18.93% in 2025.
• Lam Research's Operating Expenses stood at $696.2 million in 2022, then increased by 0.58% to $700.2 million in 2023, then advanced by 5.55% to $739.1 million in 2024, then rose by 13.78% to $841.0 million in 2025, then advanced by 2.68% to $863.5 million in 2026.
• Business Quant data shows LRCX's Operating Expenses at $863.5 million in Q1 2026, $841.0 million in Q4 2025, and $855.8 million in Q3 2025.