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 for Q1 2026 stood at 9.25%, down from 13.21% 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.
• The 5-year median for Tax Rate is 11.66% (2024), against an average of 11.5%.
• The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 454 bps in 2024, then plunged 830 bps in 2025.
• Lam Research's Tax Rate stood at 11.1% in 2022, then advanced by 10 bps to 12.22% in 2023, then fell by 5 bps to 11.66% in 2024, then grew by 13 bps to 13.21% in 2025, then fell by 30 bps to 9.25% in 2026.
• Business Quant data shows LRCX's Tax Rate at 9.25% in Q1 2026, 13.21% in Q4 2025, and 15.63% in Q3 2025.