Lam Research (LRCX) Research & Development (2009 - 2026)

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 was $583.2 million for Q1 2026 at Lam Research, up from $573.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $583.2 million in Q1 2026 to a low of $402.0 million in Q2 2023.
• Historically, Research & Development has averaged $486.9 million across 5 years, with a median of $494.9 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Research & Development fell 2.48% in 2023, then climbed 23.85% in 2024.
• A 5-year view of Research & Development shows it stood at $462.4 million in 2022, then grew by 1.58% to $469.7 million in 2023, then increased by 5.37% to $494.9 million in 2024, then grew by 15.83% to $573.3 million in 2025, then advanced by 1.73% to $583.2 million in 2026.
• The last three Research & Development figures came in at $583.2 million (Q1 2026), $573.3 million (Q4 2025), and $576.4 million (Q3 2025), per Business Quant data.