What is Lam Research's property, plant and equipment at cost?

Lam Research (LRCX) reported property, plant and equipment at cost of $5.23B in Q1 2026.

What does property, plant and equipment at cost mean?

The total original cost of all physical assets owned by the company before subtracting depreciation.

Property, plant and equipment at cost

Lam Research Property, plant and equipment at cost increased by 4.2% to $5.23B in Q1 2026 compared to the prior quarter. 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 reportedQ3 2025

Last reportedQ1 2026

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

3 periods

	Q2 '25	Q4 '25	Q1 '26
Value	$4.58B	$5.02B	$5.23B
QoQ Change	—	+9.6%	+4.2%

Range$4.58B – $5.23B

Current Streak2+ quarters growth

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Frequently Asked Questions

What is Lam Research's property, plant and equipment at cost?: Lam Research (LRCX) reported property, plant and equipment at cost of $5.23B in Q1 2026.
What does property, plant and equipment at cost mean?: The total original cost of all physical assets owned by the company before subtracting depreciation.