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 was $863.5 million for Q1 2026 at Lam Research, up from $841.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $863.5 million in Q1 2026 to a low of $603.5 million in Q2 2023.
• Historically, Operating Expenses has averaged $722.1 million across 5 years, with a median of $713.5 million in 2024.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses declined 2.84% in 2023, then increased 18.93% in 2025.
• A 5-year view of Operating Expenses shows it stood at $696.2 million in 2022, then rose by 0.58% to $700.2 million in 2023, then climbed by 5.55% to $739.1 million in 2024, then gained by 13.78% to $841.0 million in 2025, then climbed by 2.68% to $863.5 million in 2026.
• The last three Operating Expenses figures came in at $863.5 million (Q1 2026), $841.0 million (Q4 2025), and $855.8 million (Q3 2025), per Business Quant data.