Lam Research (LRCX) operating expenses was $3.1B in FY2025 (+13% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$3.1B
+13%
2024
$2.7B
+10%
2023
$2.5B
-0%
2022
$2.5B
+7%
2021
$2.3B
+20%
2020
$1.9B
+2%
2019
$1.9B
-3%
2018
$2.0B
+15%
2017
$1.7B
+10%
2016
$1.5B
+3%
2015
$1.5B
+13%
2014
$1.3B
+4%
2013
$1.3B
+52%
2012
$845M
+24%
2011
$681M
+31%
2010
$520M
-14%
2009
$604M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q1 2026
$864M
Q4 2025
$841M
Q3 2025
$856M
Q2 2025
$849M
Q1 2025
$752M
Q4 2024
$739M
Q3 2024
$738M
Q2 2024
$709M
Q1 2024
$713M
Q4 2023
$684M
Q3 2023
$622M
Q2 2023
$590M
Source: LRCX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.