LAM RESEARCH CORP R&D Expense 2009-2026 | LRCX
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is LAM RESEARCH CORP's current r&d expense?
LAM RESEARCH CORP (LRCX) annual r&d expense for 2025 was $2.10B, a 10.19% increase from 2024. LAM RESEARCH CORP r&d expense for the quarter ending December 28, 2025 was $573.3M.
What was LAM RESEARCH CORP's r&d expense in 2024?
LAM RESEARCH CORP annual r&d expense for 2024 was $1.90B, a 10.15% increase from 2023.
What was LAM RESEARCH CORP's r&d expense in 2023?
LAM RESEARCH CORP annual r&d expense for 2023 was $1.73B, a 7.66% increase from 2022.
What is LAM RESEARCH CORP's 5-year r&d expense CAGR?
LAM RESEARCH CORP r&d expense grew at a compound annual growth rate (CAGR) of 10.85% from FY2020 to FY2025, going from $1.25B to $2.10B over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+10.9%
FY2020
$1.25B
→
FY2025
$2.10B
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $2.10B | +10.2% | 10-K |
| FY2024 | $1.90B | +10.1% | 10-K |
| FY2023 | $1.73B | +7.7% | 10-K |
| FY2022 | $1.60B | +7.4% | 10-K |
| FY2021 | $1.49B | +19.2% | 10-K |
| FY2020 | $1.25B | +5.1% | 10-K |
| FY2019 | $1.19B | +0.2% | 10-K |
| FY2018 | $1.19B | +15.1% | 10-K |
| FY2017 | $1.03B | +13.1% | 10-K |
| FY2016 | $913.7M | +10.7% | 10-K |
| FY2015 | $825.2M | +15.2% | 10-K |
| FY2014 | $716.5M | +4.8% | 10-K |
| FY2013 | $683.7M | +53.8% | 10-K |
| FY2012 | $444.6M | +19.1% | 10-K |
| FY2011 | $373.3M | +16.3% | 10-K |
| FY2010 | $320.9M | +11.3% | 10-K |
| FY2009 | $288.3M | - | 10-K |
Company: LAM RESEARCH CORPTicker: LRCXSector: IndustrialIndustry: Special Industry Machinery, NECView company profile →