Lam Research annual operating expenses
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2026
Lam Research Operating Expenses Growth & History (LRCX)
Lam Research's operating expenses was $3.53B for fiscal 2026.
View full Lam Research company overviewLam Research annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-28 | $3.53B | $447.4M | +14.54% |
| 2025 | 2025-06-29 | $3.08B | $289.2M | +10.37% |
| 2024 | 2024-06-30 | $2.79B | $186.8M | +7.18% |
| 2023 | 2023-06-25 | $2.60B | $112.1M | +4.50% |
| 2022 | 2022-06-26 | $2.49B | $166.7M | +7.18% |
| 2021 | 2021-06-27 | $2.32B | $388.4M | +20.07% |
| 2020 | 2020-06-28 | $1.93B | $41.2M | +2.17% |
| 2019 | 2019-06-30 | $1.89B | −$58.0M | −2.97% |
| 2018 | 2018-06-24 | $1.95B | $250.5M | +14.73% |
| 2017 | 2017-06-25 | $1.70B | $156.6M | +10.14% |
| 2016 | 2016-06-26 | $1.54B | $48.4M | +3.23% |
| 2015 | 2015-06-28 | $1.50B | $166.5M | +12.52% |
| 2014 | 2014-06-29 | $1.33B | $44.8M | +3.49% |
| 2013 | 2013-06-30 | $1.28B | $438.7M | +51.83% |
| 2012 | 2012-06-24 | $846.3M | $153.4M | +22.14% |
| 2011 | 2011-06-26 | $692.9M | $148.4M | +27.26% |
| 2010 | 2010-06-27 | $544.5M | −$125.5M | −18.72% |
| 2009 | 2009-06-28 | $670.0M | — | — |
Lam Research quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-28 | $965.3M | $116.7M | +13.75% |
| Q3 2026 | 2026-03-29 | $863.5M | $111.6M | +14.84% |
| Q2 2026 | 2025-12-28 | $841.0M | $101.9M | +13.78% |
| Q1 2026 | 2025-09-28 | $855.8M | $117.3M | +15.88% |
| Q4 2025 | 2025-06-29 | $848.6M | $135.0M | +18.93% |
| Q3 2025 | 2025-03-30 | $751.9M | $8.5M | +1.14% |
| Q2 2025 | 2024-12-29 | $739.1M | $38.9M | +5.55% |
| Q1 2025 | 2024-09-29 | $738.5M | $106.8M | +16.91% |
| Q4 2024 | 2024-06-30 | $713.5M | $110.0M | +18.23% |
| Q3 2024 | 2024-03-31 | $743.4M | $80.1M | +12.07% |
| Q2 2024 | 2023-12-24 | $700.2M | $4.1M | +0.58% |
| Q1 2024 | 2023-09-24 | $631.7M | −$7.3M | −1.15% |
| Q4 2023 | 2023-06-25 | $603.5M | −$17.6M | −2.84% |
| Q3 2023 | 2023-03-26 | $663.4M | $38.8M | +6.22% |
| Q2 2023 | 2022-12-25 | $696.2M | $56.4M | +8.82% |
| Q1 2023 | 2022-09-25 | $639.0M | $34.5M | +5.70% |
| Q4 2022 | 2022-06-26 | $621.2M | $21.9M | +3.65% |
| Q3 2022 | 2022-03-27 | $624.5M | $39.7M | +6.79% |
| Q2 2022 | 2021-12-26 | $639.8M | $45.7M | +7.69% |
| Q1 2022 | 2021-09-26 | $604.5M | $59.4M | +10.90% |
| Q4 2021 | 2021-06-27 | $599.3M | $74.7M | +14.23% |
| Q3 2021 | 2021-03-28 | $584.8M | $111.9M | +23.67% |
| Q2 2021 | 2020-12-27 | $594.1M | $100.9M | +20.47% |
| Q1 2021 | 2020-09-27 | $545.1M | $100.9M | +22.70% |
| Q4 2020 | 2020-06-28 | $524.6M | $60.8M | +13.11% |
| Q3 2020 | 2020-03-29 | $472.9M | −$35.9M | −7.06% |
| Q2 2020 | 2019-12-29 | $493.1M | $38.5M | +8.46% |
| Q1 2020 | 2019-09-29 | $444.3M | −$22.2M | −4.76% |
| Q4 2019 | 2019-06-30 | $463.8M | −$60.4M | −11.52% |
| Q3 2019 | 2019-03-31 | $508.8M | $5.6M | +1.12% |
| Q2 2019 | 2018-12-23 | $454.7M | −$13.5M | −2.89% |
| Q1 2019 | 2018-09-23 | $466.4M | $10.3M | +2.26% |
| Q4 2018 | 2018-06-24 | $524.2M | $63.2M | +13.71% |
| Q3 2018 | 2018-03-25 | $503.2M | $70.2M | +16.22% |
| Q2 2018 | 2017-12-24 | $468.2M | $61.2M | +15.04% |
| Q1 2018 | 2017-09-24 | $456.1M | $55.9M | +13.96% |
| Q4 2017 | 2017-06-25 | $461.0M | $71.5M | +18.35% |
| Q3 2017 | 2017-03-26 | $433.0M | $52.5M | +13.79% |
| Q2 2017 | 2016-12-25 | $407.0M | $19.3M | +4.98% |
| Q1 2017 | 2016-09-25 | $400.3M | $13.3M | +3.44% |
| Q4 2016 | 2016-06-26 | $389.5M | −$61.0M | −13.53% |
| Q3 2016 | 2016-03-27 | $380.5M | $19.9M | +5.51% |
| Q2 2016 | 2015-12-27 | $387.7M | $39.8M | +11.43% |
| Q1 2016 | 2015-09-27 | $386.9M | $49.7M | +14.74% |
| Q4 2015 | 2015-06-28 | $450.5M | $109.3M | +32.04% |
| Q3 2015 | 2015-03-29 | $360.6M | $21.8M | +6.43% |
| Q2 2015 | 2014-12-28 | $347.9M | $24.6M | +7.61% |
| Q1 2015 | 2014-09-28 | $337.2M | $10.8M | +3.31% |
| Q4 2014 | 2014-06-29 | $341.2M | $13.8M | +4.20% |
| Q3 2014 | 2014-03-30 | $338.9M | $9.8M | +2.99% |
| Q2 2014 | 2013-12-29 | $323.3M | $11.9M | +3.84% |
| Q1 2014 | 2013-09-29 | $326.4M | $9.3M | +2.92% |
| Q4 2013 | 2013-06-30 | $327.4M | $61.9M | +23.31% |
| Q3 2013 | 2013-03-31 | $329.0M | $120.0M | +57.40% |
| Q2 2013 | 2012-12-23 | $311.4M | $124.1M | +66.26% |
| Q1 2013 | 2012-09-23 | $317.2M | $132.7M | +71.92% |
| Q4 2012 | 2012-06-24 | $265.5M | $69.3M | +35.30% |
| Q3 2012 | 2012-03-25 | $209.0M | $32.0M | +18.08% |
| Q2 2012 | 2011-12-25 | $187.3M | $21.0M | +12.60% |
| Q1 2012 | 2011-09-25 | $184.5M | $31.2M | +20.32% |
| Q4 2011 | 2011-06-26 | $196.3M | $30.5M | +18.43% |
| Q3 2011 | 2011-03-27 | $177.0M | $33.2M | +23.12% |
| Q2 2011 | 2010-12-26 | $166.3M | $36.5M | +28.10% |
| Q1 2011 | 2010-09-26 | $153.3M | $48.1M | +45.78% |
| Q4 2010 | 2010-06-27 | $165.7M | — | — |
| Q3 2010 | 2010-03-28 | $143.8M | — | — |
| Q2 2010 | 2009-12-27 | $129.8M | — | — |
| Q1 2010 | 2009-09-27 | $105.2M | — | — |
Lam Research operating expenses trends
Over the last five fiscal years, Lam Research's operating expenses increased from $2.32B to $3.53B, a change of $1.20B. The latest reported quarter, Q4 2026, shows $965.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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