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Lam Research (LRCX) Research & Development (2016 - 2026)

Lam Research has reported Research & Development over the past 18 years, most recently at $583.2 million for Q1 2026.

  • For Q1 2026, Research & Development rose 10.89% year-over-year to $583.2 million; the TTM value through Mar 2026 reached $2.3 billion, up 14.85%, while the annual FY2025 figure was $2.1 billion, 10.19% up from the prior year.
  • Research & Development for Q1 2026 was $583.2 million at Lam Research, up from $573.3 million in the prior quarter.
  • Over five years, Research & Development peaked at $583.2 million in Q1 2026 and troughed at $402.0 million in Q2 2023.
  • A 5-year average of $486.9 million and a median of $494.9 million in 2024 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: fell 2.48% in 2023 and later rose 23.85% in 2024.
  • Year by year, Research & Development stood at $462.4 million in 2022, then rose by 1.58% to $469.7 million in 2023, then grew by 5.37% to $494.9 million in 2024, then rose by 15.83% to $573.3 million in 2025, then grew by 1.73% to $583.2 million in 2026.
  • Business Quant data shows Research & Development for LRCX at $583.2 million in Q1 2026, $573.3 million in Q4 2025, and $576.4 million in Q3 2025.