Non-Current Assets

Property, plant and equipment, net

Lam Research Property, plant and equipment, net increased by 5.3% to $2.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.3%, from $2.37B to $2.85B. Over 4 years (FY 2021 to FY 2025), Property, plant and equipment, net shows an upward trend with a 16.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2020
Last reportedQ3 2026Apr 23, 2026

How to read this metric

Growth indicates ongoing investment in infrastructure and capacity, while a decline may suggest high depreciation rates outpacing capital expenditure.

Detailed definition

This represents the net book value of the company's physical infrastructure, including rail tracks, locomotives, rolling...

Peer comparison

The dominant asset category for all Class-1 railroads; essential for benchmarking asset intensity.

Metric ID: non_current_assets_property_plant_and_equipment_and_fina_e3effd

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.30B$1.37B$1.50B$1.56B$1.65B$1.72B$1.86B$1.86B$1.86B$2.11B$2.15B$2.18B$2.15B$2.21B$2.31B$2.37B$2.43B$2.51B$2.71B$2.85B
QoQ Change+5.3%+9.5%+3.9%+5.5%+4.3%+8.4%-0.4%+0.1%+13.7%+1.8%+1.6%-1.2%+2.8%+4.5%+2.5%+2.4%+3.4%+8.0%+5.3%
YoY Change+26.4%+25.2%+23.9%+18.8%+12.7%+22.8%+15.3%+17.6%+16.0%+4.9%+7.7%+8.7%+12.7%+13.4%+17.2%+20.3%
Range$1.30B$2.85B
CAGR+17.9%
Avg YoY Growth+16.5%
Median YoY Growth+16.6%
Current Streak7 quarters growth

Frequently Asked Questions

What is Lam Research's property, plant and equipment, net?
Lam Research (LRCX) reported property, plant and equipment, net of $2.85B in Q1 2026.
How has Lam Research's property, plant and equipment, net changed year-over-year?
Lam Research's property, plant and equipment, net increased by 20.3% year-over-year, from $2.37B to $2.85B.
What is the long-term trend for Lam Research's property, plant and equipment, net?
Over 4 years (2021 to 2025), Lam Research's property, plant and equipment, net has grown at a 16.8% compound annual growth rate (CAGR), from $1.30B to $2.43B.
What does property, plant and equipment, net mean?
The net value of the company's physical assets like tracks, trains, and buildings after accounting for wear and tear.