Lam Research (XSWX:LRCX) Total Operating Expense: CHF3,409 Mil (TTM As of Mar. 2026)


XSWX:LRCX Lam Research Corp XSWX:LRCX
85 GF Score
Price CHF295.85
GF Value CHF109.03
! 6 Warning Signs
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What is Lam Research Total Operating Expense?

Lam Research XSWX:LRCX +1.23% 85 Total Operating Expense is CHF3,409 Mil as of Mar. 2026. GuruFocus rates XSWX:LRCX with a GF Score™ of 85/100 and a GF Value™ of CHF109.03. The stock has 6 warning signs investors should review.

Lam Research's Total Operating Expense for the three months ended in Mar. 2026 was CHF864 Mil. Lam Research's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF3,409 Mil.

Lam Research Total Operating Expense Related Terms

Lam Research Total Operating Expense Historical Data

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The historical data trend for Lam Research's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lam Research Total Operating Expense Chart

Lam Research Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,323.28 2,489.99 2,559.92 2,770.69 3,078.09

Lam Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 751.93 848.58 855.79 840.96 863.51
XSWX:LRCX
85GF Score
Lam Research Corp XSWX:LRCX
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Lam Research Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,409 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of CHF3,409 Mil mean?
Lam Research (XSWX:LRCX) has a Total Operating Expense of CHF3,409 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Lam Research and its competitors.
Is Lam Research's Total Operating Expense too high?
Lam Research's current Total Operating Expense is CHF3,409 Mil. Overall, Lam Research has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Lam Research's Total Operating Expense compare to ?
Lam Research's Total Operating Expense of CHF3,409 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Semiconductors company?
A good Total Operating Expense depends on the Semiconductors industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Lam Research and its competitors. Lam Research's current Total Operating Expense is CHF3,409 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Lam Research (XSWX:LRCX) has a current Total Operating Expense of CHF3,409 Mil. The stock's GF Value™ is CHF109.03, compared to a current price of CHF295.85 — trading 171.3% above its estimated fair value. The current Total Operating Expense is CHF3,409 Mil. Lam Research's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Lam Research (XSWX:LRCX), the current Total Operating Expense is CHF3,409 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lam Research (XSWX:LRCX) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Research stock appears to be overvalued. The current stock price of CHF295.85 is trading 171.3% above its estimated GF Value™ of CHF109.03.

Key valuation signals for XSWX:LRCX:

  • Total Operating Expense: CHF3,409 Mil
  • GF Value™: CHF109.03 vs. price of CHF295.85 (171.3% above fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the XSWX:LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Lam Research Business Description

Comparable Companies
Address 4650 Cushing Parkway, Fremont, CA, USA, 94538
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
85GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF295.85
Price
CHF109.03
GF Value