Lam Research (LRCX) r&d spend was $2.1B in FY2025 (+10% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$2.1B
+10%
2024
$1.9B
+10%
2023
$1.7B
+8%
2022
$1.6B
+7%
2021
$1.5B
+19%
2020
$1.3B
+5%
2019
$1.2B
+0%
2018
$1.2B
+15%
2017
$1.0B
+13%
2016
$914M
+11%
2015
$825M
+15%
2014
$716M
+5%
2013
$684M
+54%
2012
$445M
+19%
2011
$373M
+16%
2010
$321M
+11%
2009
$288M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$583M
Q4 2025
$573M
Q3 2025
$576M
Q2 2025
$580M
Q1 2025
$526M
Q4 2024
$495M
Q3 2024
$495M
Q2 2024
$498M
Q1 2024
$512M
Q4 2023
$470M
Q3 2023
$423M
Q2 2023
$402M
Source: LRCX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.