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.

• Tax Rate for Q1 2026 came in at 9.25%, down 416.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.39% (down 226.0% YoY), and the FY2025 annual result was 10.07%, down 214.0% from the prior year.
• Tax Rate declined to 9.25% in Q1 2026, from 13.21% in the prior quarter.
• Across five years, Tax Rate topped out at 15.63% in Q3 2025 and bottomed at 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 soared 454 bps in 2024, then tumbled 830 bps in 2025.
• Over 5 years, Tax Rate stood at 11.1% in 2022, then gained by 10 bps to 12.22% in 2023, then declined by 5 bps to 11.66% in 2024, then climbed by 13 bps to 13.21% in 2025, then declined 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.