Growth Metrics

Lam Research (LRCX) Research & Development (2016 - 2025)

Lam Research (LRCX) has 17 years of Research & Development data on record, last reported at $573.3 million in Q4 2025.

  • For Q4 2025, Research & Development rose 15.83% year-over-year to $573.3 million; the TTM value through Dec 2025 reached $2.3 billion, up 12.77%, while the annual FY2025 figure was $2.1 billion, 10.19% up from the prior year.
  • Research & Development reached $573.3 million in Q4 2025 per LRCX's latest filing, down from $576.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $580.2 million in Q2 2025 and bottomed at $381.1 million in Q1 2021.
  • Average Research & Development over 5 years is $462.1 million, with a median of $447.9 million recorded in 2022.
  • Peak YoY movement for Research & Development: fell 2.48% in 2023, then rose 23.85% in 2024.
  • A 5-year view of Research & Development shows it stood at $403.6 million in 2021, then grew by 14.55% to $462.4 million in 2022, then grew by 1.58% to $469.7 million in 2023, then increased by 5.37% to $494.9 million in 2024, then grew by 15.83% to $573.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $573.3 million in Q4 2025, $576.4 million in Q3 2025, and $580.2 million in Q2 2025.