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
DateValue
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