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% quarter-over-quarter from $573.3 million in Q4 2025.
Lam Research (LRCX) Research & Development (2009 - 2026) Analysis & Trends
Lam Research's Research & Development history runs 18 years deep, the most recent figure standing at $583.2 million for 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 for Q1 2026 stood at $583.2 million, 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.
- The 5-year median for Research & Development is $494.9 million (2024), against an average of $486.9 million.
- The sharpest annual moves came in 2023 and 2024: Research & Development declined 2.48% in 2023, then advanced 23.85% in 2024.
- Lam Research's Research & Development stood at $462.4 million in 2022, then climbed by 1.58% to $469.7 million in 2023, then grew by 5.37% to $494.9 million in 2024, then climbed by 15.83% to $573.3 million in 2025, then gained by 1.73% to $583.2 million in 2026.
- Business Quant data shows LRCX's Research & Development at $583.2 million in Q1 2026, $573.3 million in Q4 2025, and $576.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 642.92 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.03 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 399.02 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 156.28 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 98.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 82.80 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 38.88 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 39.83 Mn |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 21.33 Mn |
Historic Data
Download 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 |