Lam Research (LRCX) Research & Development (2009 - 2026)
Lam Research (LRCX) posted quarterly Research & Development of $583.2 million for Q1 2026, up 10.89% year-over-year from $525.9 million in Q1 2025, and up 1.73% on a QoQ basis from $573.3 million in Q4 2025.
Lam Research (LRCX) Research & Development (2009 - 2026) Analysis & Trends
Lam Research (LRCX) has reported Research & Development for 18 consecutive years, with $583.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 10.89% year-over-year to $583.2 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 14.85% YoY), while the FY2025 annual figure was $2.1 billion, up 10.19% from the prior year.
- Research & Development came in at $583.2 million for Q1 2026 at Lam Research, up from $573.3 million in the prior quarter.
- The five-year high for Research & Development was $583.2 million in Q1 2026, with the low at $402.0 million in Q2 2023.
- Average Research & Development over 5 years is $486.9 million, with a median of $494.9 million recorded in 2024.
- Across the five-year window, Research & Development slipped 2.48% in 2023 and rose 23.85% in 2024, its largest moves.
- Year by year, Research & Development stood at $462.4 million in 2022, then gained by 1.58% to $469.7 million in 2023, then advanced by 5.37% to $494.9 million in 2024, then gained by 15.83% to $573.3 million in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 1.03 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 583.20 Mn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 388.76 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 135.56 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 94.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 75.30 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 41.76 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 30.78 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 36.55 Mn |
| 10 | Kulicke & Soffa Industries | 7.00 Bn | 6.51 Bn | 119.70 Mn | 38.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 27, 2021 | 381.75 Mn |