Lam Research LRCX
NASDAQ LRCX
$298.24 +0.23 (+0.08%)
As of: Sep 11, 2026 · 3:59 PM EDT

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

Lam Research (LRCX) posted Research & Development of $642.9 million for Q2 2026, up 10.24% on a QoQ basis from $583.2 million in Q1 2026, and up 10.81% year-over-year from $580.2 million in Q2 2025.

Analysis

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

Lam Research has reported Research & Development for 18 years, with the latest figure at $642.9 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 10.81% year-over-year to $642.9 million in Q2 2026; TTM through Jun 2026 was $2.4 billion, a 13.33% increase from a year earlier, with the FY2026 full-year figure at $2.4 billion, up 13.33% from the prior year.
  • Research & Development was $642.9 million for Q2 2026 at Lam Research, up from $583.2 million in the prior quarter.
  • The five-year high for Research & Development was $642.9 million in Q2 2026, with the low at $402.0 million in Q2 2023.
  • Average Research & Development over 5 years is $495.6 million, with a median of $495.2 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Research & Development retreated 2.48% in 2023, then grew 23.85% in 2024.
  • Over 5 years, Research & Development stood at $462.4 million in 2022, then increased by 1.58% to $469.7 million in 2023, then rose by 5.37% to $494.9 million in 2024, then increased by 15.83% to $573.3 million in 2025, then increased by 12.14% to $642.9 million in 2026.
  • The last three Research & Development figures came in at $642.9 million (Q2 2026), $583.2 million (Q1 2026), and $573.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Lam Research 374.58 Bn 369.00 Bn 3.48 Bn 642.92 Mn
2 Applied Materials 362.85 Bn 353.62 Bn 4.59 Bn 1.10 Bn
3 Kla 237.04 Bn 235.39 Bn 2.24 Bn 399.02 Mn
4 Mks 18.07 Bn 17.46 Bn 595.00 Mn 76.00 Mn
5 Onto Innovation 13.82 Bn 11.94 Bn 183.25 Mn 38.88 Mn
6 Nova 11.15 Bn 10.53 Bn 144.16 Mn 21.33 Mn
7 Camtek 6.80 Bn 6.49 Bn 66.70 Mn 16.68 Mn
8 ACM Research 4.89 Bn 3.55 Bn 134.62 Mn 42.25 Mn
9 Kulicke & Soffa Industries 4.50 Bn 3.98 Bn 157.95 Mn 43.91 Mn
10 Axcelis Technologies 3.52 Bn 3.12 Bn 91.19 Mn 28.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 642.92 Mn
Mar 29, 2026 583.20 Mn
Dec 28, 2025 573.31 Mn
Sep 28, 2025 576.45 Mn
Jun 29, 2025 580.18 Mn
Mar 30, 2025 525.90 Mn
Dec 29, 2024 494.95 Mn
Sep 29, 2024 495.36 Mn
Jun 30, 2024 497.83 Mn
Mar 31, 2024 512.27 Mn
Dec 24, 2023 469.71 Mn
Sep 24, 2023 422.63 Mn
Jun 25, 2023 401.95 Mn
Mar 26, 2023 429.45 Mn
Dec 25, 2022 462.39 Mn
Sep 25, 2022 433.38 Mn
Jun 26, 2022 411.16 Mn
Mar 27, 2022 407.12 Mn
Dec 26, 2021 403.64 Mn
Sep 26, 2021 382.33 Mn