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

Lam Research has reported Tax Rate for 18 years, with the latest figure at 10.87% in Q2 2026.

• On a quarterly basis, Tax Rate rose 756.0% year-over-year to 10.87% in Q2 2026; TTM through Jun 2026 was 12.07%, a 200.0% increase from a year earlier, with the FY2026 full-year figure at 12.07%, up 200.0% from the prior year.
• Tax Rate was 10.87% for Q2 2026 at Lam Research, up from 9.25% in the prior quarter.
• The five-year high for Tax Rate was 15.63% in Q3 2025, with the low at 3.31% in Q2 2025.
• Average Tax Rate over 5 years is 11.46%, with a median of 11.65% recorded in 2024.
• The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 830 bps in 2025, then surged 756 bps in 2026.
• Over 5 years, Tax Rate stood at 11.1% in 2022, then grew by 10 bps to 12.22% in 2023, then decreased by 5 bps to 11.66% in 2024, then rose by 13 bps to 13.21% in 2025, then dropped by 18 bps to 10.87% in 2026.
• The last three Tax Rate figures came in at 10.87% (Q2 2026), 9.25% (Q1 2026), and 13.21% (Q4 2025), per Business Quant data.