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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |