R&D expense · 2011–2025

Lam Research R&D expense

$2.4B+13.3% · FY2025

Lam Research (LRCX) reported $2.4B in R&D expense for fiscal 2025, +13.3% year on year.

$445M2011$716M2013$825M2014$914M2015$1.0B2016$1.2B2017$1.3B2019$1.5B2020$1.6B2021$1.7B2022$2.1B2024$2.4B2025
Lam Research — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-06-28$2.4B+13.3%Open →
FY20242025-06-29$2.1B+21.4%Open →
FY20222023-06-25$1.7B+7.7%Open →
FY20212022-06-26$1.6B+7.4%Open →
FY20202021-06-27$1.5B+19.2%Open →
FY20192020-06-28$1.3B+5.3%Open →
FY20172018-06-24$1.2B+15.1%Open →
FY20162017-06-25$1.0B+13.1%Open →
FY20152016-06-26$914M+10.7%Open →
FY20142015-06-28$825M+15.2%Open →
FY20132014-06-29$716M+61.2%Open →
FY20112012-06-24$445M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +12.7%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Lam Research R&D expense |url=https://companiesranked.com/en/company/lam-research/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Lam Research R&D expense. CompaniesRanked. https://companiesranked.com/en/company/lam-research/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-lam-research-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Lam Research R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/lam-research/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000707549-26-000037 · August 7, 2026

{{cite web |title=Lam Research R&D expense — 10-K (0000707549-26-000037) |url=https://www.sec.gov/Archives/edgar/data/707549/000070754926000037/lrcx-20260628.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-08-07}}

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