Capital Expenditures for Lam Research (LRCX)
According to Lam Research's latest reported financial statements, the company's current capital expenditures (TTM) is $874.04M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

LRCX
Currently viewingCapital ExpendituresSwitch metric
Latest period
$874.04M
YoY change
+91.4%
5Y CAGR
+30.2%
Peak year (2025)
$759.19M
Cumulative capital expenditures
$5.17B
CapEx history chart for Lam Research (LRCX) from 1989 to 2025
CapEx history table for Lam Research (LRCX) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $759.19M | +91.4% | ||
| 2024 | $396.67M | -20.9% | ||
| 2023 | $501.57M | -8.1% | ||
| 2022 | $546.03M | +56.4% | ||
| 2021 | $349.10M | +71.8% | ||
| 2020 | $203.24M | -33.0% | ||
| 2019 | $303.49M | +11.0% | ||
| 2018 | $273.47M | +73.7% | ||
| 2017 | $157.42M | -10.2% | ||
| 2016 | $175.33M | -11.6% | ||
| 2015 | $198.26M | +36.3% | ||
| 2014 | $145.50M | -9.5% | ||
| 2013 | $160.79M | +49.9% | ||
| 2012 | $107.27M | -15.9% | ||
| 2011 | $127.50M | +258.2% | ||
| 2010 | $35.59M | -19.6% | ||
| 2009 | $44.28M | -42.3% | ||
| 2008 | $76.80M | +28.1% | ||
| 2007 | $59.97M | +42.5% | ||
| 2006 | $42.08M | +84.2% | ||
| 2005 | $22.85M | -4.9% | ||
| 2004 | $24.03M | +95.9% | ||
| 2003 | $12.26M | +15.5% | ||
| 2002 | $10.62M | -83.5% | ||
| 2001 | $64.39M | +27.9% | ||
| 2000 | $50.36M | +51.8% | ||
| 1999 | $33.18M | -33.9% | ||
| 1998 | $50.21M | +27.0% | ||
| 1997 | $39.55M | -40.6% | ||
| 1996 | $66.59M | +5.0% | ||
| 1995 | $63.41M | +233.7% | ||
| 1994 | $19.00M | +33.8% | ||
| 1993 | $14.20M | +59.6% | ||
| 1992 | $8.90M | -31.5% | ||
| 1991 | $13.00M | +31.3% | ||
| 1990 | $9.90M | +54.7% | ||
| 1989 | $6.40M | — |
CapEx values are taken from Lam Research's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Lam Research (LRCX) reported capital expenditures of $759.19M – surged 91.4% year-over-year.
Over 2020–2025 (5 years), Lam Research capital expenditures expanded at a +30.2% compound annual rate, with the latest reading among the more recent periods of the dataset.
The highest annual capital expenditures of $759.19M was reported in 2025. The lowest in the available history was $6.40M in 1989.
Lam Research (LRCX) sits 8th of 8 Technology peers we track on this metric, against a peer median of $9.38B.
Lam Research Capital Expenditures by Year
Lam Research Capital Expenditures 2025: $759.19M
Lam Research capital expenditures in 2025 was $759.19M, surged 91.4% from 2024. This figure represents the highest annual value in the available history.
Lam Research Capital Expenditures 2024: $396.67M
Lam Research capital expenditures in 2024 was $396.67M, declined 20.9% below 2023.
Lam Research Capital Expenditures 2023: $501.57M
Lam Research capital expenditures in 2023 was $501.57M, declined 8.1% below 2022.
Lam Research Capital Expenditures 2022: $546.03M
Lam Research capital expenditures in 2022 was $546.03M, surged 56.4% from 2021.
Lam Research Capital Expenditures 2021: $349.10M
Lam Research capital expenditures in 2021 was $349.10M.
See more financial history for Lam Research (LRCX).
Sector peers — CapEx
Companies in the same sector as Lam Research, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| Apple Inc. (AAPL) | $12.71B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is Lam Research's capital expenditures?
- Latest reported capital expenditures for Lam Research (LRCX) is $874.04M (period ending March 29, 2026).
How has Lam Research capital expenditures changed year-over-year?
- Lam Research (LRCX) capital expenditures changed +91.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Lam Research capital expenditures?
- Lam Research (LRCX) capital expenditures compound annual growth rate is +30.2% over the most recent 5 years available.
When did Lam Research capital expenditures hit its highest annual value?
- Lam Research capital expenditures reached its highest annual value of $759.19M in 2025.
What was Lam Research capital expenditures in 2024?
- Lam Research (LRCX) capital expenditures in 2024 was $396.67M.
What was Lam Research capital expenditures in 2025?
- Lam Research (LRCX) capital expenditures in 2025 was $759.19M.
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