Company / R&D Expense
Lam Research R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.9B
FY2024
5-year range
$1.2B / $1.9B
FY2020-FY2024
Trend
+10.1%
vs FY2023
Sector context
#21 of 264
Information Technology
What the data says
Among 264 Information Technology companies, Lam Research is in the top 8% for r&d expense. R&D Expense has increased for 4 consecutive years, from $1.2B in FY2020 to $1.9B in FY2024.
Based on SEC 10-K filings.
$1.9B in FY2024 with a 5-year CAGR of +8.7%. Top quartile in the Information Technology sector.
Improved from $1.3B to $1.9B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +16.9%
- 5-Year CAGR
- +8.7%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in Information TechnologyTop 8% of 264This company $1.9B Sector average $924.6M
▼
+105.8% above sector average
Key checks
Key Insights
- Lam Research's r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +8.7%, indicating consistent growth.
- In FY2024, r&d expense increased 10.1% year-over-year.
- Ranks #21 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Strong profit margin: 29.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $1.9B | +10.1% |
| FY2023 | $1.7B | +37.9% |
| FY2022 | $1.3B | +5.1% |
| FY2021 | $1.2B | +0.2% |
| FY2020 | $1.2B | -5.0% |
| FY2019 | $1.3B | +37.1% |
| FY2018 | $913.7M | +10.7% |
| FY2017 | $825.2M | -20.2% |
| FY2016 | $1.0B | +13.1% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026