Lam Research (LRCX) Tax Rate (2009 - 2026)

Lam Research's Tax Rate history runs 18 years deep, the most recent figure standing at 9.25% for Q1 2026.

• In Q1 2026, Tax Rate fell 416.0% year-over-year to 9.25%; the TTM figure through Mar 2026 stood at 10.39% (down 226.0% YoY), while the FY2025 annual figure was 10.07%, down 214.0% from the prior year.
• Tax Rate was 9.25% for Q1 2026 at Lam Research, down from 13.21% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 15.63% in Q3 2025 to a low of 3.31% in Q2 2025.
• Historically, Tax Rate has averaged 11.5% across 5 years, with a median of 11.66% in 2024.
• The sharpest annual moves came in 2024 and 2025: Tax Rate surged 454 bps in 2024, then sank 830 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 11.1% in 2022, then climbed by 10 bps to 12.22% in 2023, then retreated by 5 bps to 11.66% in 2024, then increased by 13 bps to 13.21% in 2025, then retreated by 30 bps to 9.25% in 2026.
• The last three Tax Rate figures came in at 9.25% (Q1 2026), 13.21% (Q4 2025), and 15.63% (Q3 2025), per Business Quant data.