Lam Research (LRCX) Research & Development (2009 - 2026)

Lam Research (LRCX) has reported Research & Development for 18 consecutive years, with $583.2 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $583.2 million, up 10.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 14.85% YoY), and the FY2025 annual result was $2.1 billion, up 10.19% from the prior year.
• Research & Development grew to $583.2 million in Q1 2026, from $573.3 million in the prior quarter.
• Across five years, Research & Development topped out at $583.2 million in Q1 2026 and bottomed at $402.0 million in Q2 2023.
• Historically, Research & Development has averaged $486.9 million across 5 years, with a median of $494.9 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Research & Development dropped 2.48% in 2023, then gained 23.85% in 2024.
• Over 5 years, Research & Development stood at $462.4 million in 2022, then advanced by 1.58% to $469.7 million in 2023, then climbed by 5.37% to $494.9 million in 2024, then advanced by 15.83% to $573.3 million in 2025, then rose by 1.73% to $583.2 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $583.2 million, $573.3 million, and $576.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.