Lam Research (LRCX) Tax Rate (2009 - 2026)
Lam Research (LRCX) reported Tax Rate of 16.88% for fiscal Q1 2027 (quarter ended Sep 27, 2026), up 1.25 percentage points from 15.63% a year earlier and up 6.00 percentage points from the prior quarter.
Lam Research (LRCX) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, Lam Research's Tax Rate came in at 13.03%, up 2.10 percentage points year-over-year; for FY2026 (ended Jun 28, 2026), it came in at 12.07%, up 2.00 percentage points from FY2025.
- Tax Rate has a five-year change of +1.49 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at 10.07% in FY2025 (-2.14 pp), 12.21% in FY2024 (+0.50 pp), 11.71% in FY2023 (+0.39 pp) and 11.32% in FY2022 (+0.74 pp).
- The fiscal Q1 2027 figure ranks as the highest quarterly Tax Rate since fiscal Q2 2020.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +0.12 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q4 2026 (a gain of 7.56 percentage points); the low point was fiscal Q4 2025 (a drop of 8.30 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 10.87% (Q4 2026), 9.25% (Q3 2026) and 13.21% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 14.88% |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | - |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 12.69% |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 16.88% |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 13.55% |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 16.88% |
| Jun 28, 2026 | 10.87% |
| Mar 29, 2026 | 9.25% |
| Dec 28, 2025 | 13.21% |
| Sep 28, 2025 | 15.63% |
| Jun 29, 2025 | 3.31% |
| Mar 30, 2025 | 13.41% |
| Dec 29, 2024 | 11.66% |
| Sep 29, 2024 | 13.74% |
| Jun 30, 2024 | 11.61% |
| Mar 31, 2024 | 11.65% |
| Dec 24, 2023 | 12.22% |
| Sep 24, 2023 | 13.48% |
| Jun 25, 2023 | 7.07% |
| Mar 26, 2023 | 13.30% |
| Dec 25, 2022 | 11.10% |
| Sep 25, 2022 | 13.83% |
| Jun 26, 2022 | 11.04% |
| Mar 27, 2022 | 9.95% |
| Dec 26, 2021 | 11.89% |
Lam Research Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=LRCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "LRCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();