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

Lam Research (LRCX) has reported Tax Rate for 18 consecutive years, with 9.25% the latest figure, recorded in 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 came in at 9.25% for Q1 2026 at Lam Research, 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.
• Average Tax Rate over 5 years is 11.5%, with a median of 11.66% recorded in 2024.
• Across the five-year window, Tax Rate surged 454 bps in 2024 and slumped 830 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 11.1% in 2022, then rose by 10 bps to 12.22% in 2023, then dropped by 5 bps to 11.66% in 2024, then advanced by 13 bps to 13.21% in 2025, then dropped by 30 bps to 9.25% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 9.25%, 13.21%, and 15.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.