Non-Current Assets
PP&E (Net)
Lam Research PP&E (Net) increased by 5.4% to $2.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $2.37B to $2.83B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 16.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2026Apr 23, 2026
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '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 | $2.41B | $2.51B | $2.69B | $2.83B |
| 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% | +1.4% | +4.4% | +7.1% | +5.4% |
| 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% | +11.7% | +13.4% | +16.2% | +19.4% |
Range$1.30B – $2.83B
CAGR+17.8%
Avg YoY Growth+16.3%
Median YoY Growth+16.1%
Current Streak7 quarters growth
Geographic Breakdown — United States
| Segment | Q4 '23 | Q4 '24 |
|---|---|---|
| United States | $1.37B | $1.58B |
| Korea | $215.90M | $262.41M |
| Taiwan | $65.43M | $98.27M |
| Japan | $8.45M | $7.86M |
| China | $8.87M | $6.39M |
| Total | $1.86B | $2.15B |
Geographic Breakdown — Southeast Asia
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Southeast Asia | $129.88M | $248.03M | $339.42M | $390.51M | $451.28M |
| Europe | $77.66M | $77.66M | $93.73M | $115.32M | $134.71M |
| Total | $1.30B | $1.65B | $1.86B | $2.15B | $2.41B |
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Lam Research's pp&e (net)?
- Lam Research (LRCX) reported pp&e (net) of $2.83B in Q1 2026.
- How has Lam Research's pp&e (net) changed year-over-year?
- Lam Research's pp&e (net) increased by 19.4% year-over-year, from $2.37B to $2.83B.
- What is the long-term trend for Lam Research's pp&e (net)?
- Over 4 years (2021 to 2025), Lam Research's pp&e (net) has grown at a 16.6% compound annual growth rate (CAGR), from $1.30B to $2.41B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.