LRCX (Lam Research) Deferred Tax: $-265 Mil (TTM As of Mar. 2026)


LRCX Lam Research Corp LRCX
85 GF Score
Price $366.31
GF Value $130.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lam Research Deferred Tax?

Lam Research LRCX -1.35% 85 Deferred Tax is $-265 Mil as of Mar. 2026. GuruFocus rates LRCX with a GF Score™ of 85/100 and a GF Value™ of $130.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Lam Research's change in deferred tax for the three months ended in Mar. 2026 was $-19 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2026 was $-265 Mil.

Lam Research Deferred Tax Related Terms

Lam Research Deferred Tax Historical Data

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The historical data trend for Lam Research's Deferred Tax 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 Deferred Tax Chart

Lam Research Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -151.48 -257.44 -172.06 -198.98 -363.25

Lam Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Deferred Tax 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 -19.99 -151.68 -62.88 -30.96 -19.48
LRCX
85GF Score
Lam Research Corp LRCX
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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Lam Research Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax 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 $-265 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.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of $-265 Mil mean?
Lam Research (LRCX) has a Deferred Tax of $-265 Mil as of Mar. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Lam Research.
Is Lam Research's Deferred Tax too high?
Lam Research's current Deferred Tax is $-265 Mil. Overall, Lam Research has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lam Research's Deferred Tax compare to AMAT and KLAC?
Lam Research's Deferred Tax of $-265 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 Deferred Tax for a Semiconductors company?
A good Deferred Tax depends on the Semiconductors industry context. However, Deferred Tax 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 Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Lam Research. Lam Research's current Deferred Tax is $-265 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?
Based on GuruFocus' analysis, Lam Research (LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is $130.38, compared to a current price of $366.31 — trading 181% above its estimated fair value. The current Deferred Tax is $-265 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 Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For Lam Research (LRCX), the current Deferred Tax is $-265 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 (LRCX) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Research stock appears to be overvalued. The current stock price of $366.31 is trading 181% above its estimated GF Value™ of $130.38. GuruFocus considers Lam Research to be Significantly Overvalued.

Key valuation signals for LRCX:

  • Deferred Tax: $-265 Mil
  • GF Value™: $130.38 vs. price of $366.31 (181% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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

Lam Research Business Description

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

Get the complete analysis for LRCX

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

$366.31
Price
$130.38
GF Value