Micron Technology (MU) Capital Expenditures (2009 - 2026)

Micron Technology (MU) posted Capital Expenditures of $7.8 billion for Q2 2026, up 22.53% sequentially from $6.4 billion in Q1 2026, and up 166.37% YoY from $2.9 billion in Q2 2025.

Micron Technology (MU) Capital Expenditures (2009 - 2026) Analysis & Trends

Micron Technology has reported Capital Expenditures for 18 years, with the latest figure at $7.8 billion in Q2 2026.

  • Quarterly Capital Expenditures rose 166.37% year-over-year to $7.8 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $25.3 billion (up 400.1% YoY) and the FY2025 annual result came in at $15.9 billion, up 13338.14% from the prior year.
  • Capital Expenditures improved to $7.8 billion in Q2 2026 per MU's latest filing, from $6.4 billion in the prior quarter.
  • Over five years, Capital Expenditures peaked at $7.8 billion in Q2 2026 and troughed at -$6.1 billion in Q3 2023.
  • A 5-year average of $2.5 billion and a median of $2.6 billion in 2022 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2025: Capital Expenditures plunged 267.45% in 2023, then surged 209.91% in 2025.
  • Over 5 years, Capital Expenditures stood at $2.4 billion in 2022, then fell by 26.66% to $1.8 billion in 2023, then surged by 78.51% to $3.2 billion in 2024, then surged by 68.09% to $5.4 billion in 2025, then soared by 45.22% to $7.8 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $7.8 billion, $6.4 billion, and $5.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Nvidia 5,128.95 Bn 5,085.47 Bn 61.16 Bn 1.76 Bn
2 Taiwan Semiconductor Manufacturing 2,163.01 Bn 2,066.06 Bn 23.77 Bn -529.21 Mn
3 Broadcom 1,989.61 Bn 1,969.98 Bn 15.42 Bn 231.00 Mn
4 Micron Technology 1,138.15 Bn 1,112.13 Bn 35.06 Bn 7.83 Bn
5 Advanced Micro Devices 880.03 Bn 867.68 Bn 5.42 Bn 329.00 Mn
6 Intel 508.64 Bn 494.51 Bn 6.51 Bn 2.56 Bn
7 Aeluma 329.44 Bn 329.40 Bn 386,000.00 198,000.00
8 Arm Holdings 299.64 Bn 295.75 Bn 1.25 Bn -197.00 Mn
9 Texas Instruments 258.67 Bn 251.67 Bn 3.35 Bn 514.00 Mn
10 Marvell Technology 191.40 Bn 187.55 Bn 1.26 Bn 155.70 Mn

Historic Data

Download Data
DateValue
May 28, 2026 7.83 Bn
May 28, 2026 7.83 Bn
Feb 26, 2026 6.39 Bn
Feb 26, 2026 6.39 Bn
Nov 27, 2025 5.39 Bn
Nov 27, 2025 5.39 Bn
Aug 28, 2025 5.66 Bn
Aug 28, 2025 5.66 Bn
May 29, 2025 2.94 Bn
May 29, 2025 2.94 Bn
Feb 27, 2025 4.06 Bn
Feb 27, 2025 4.06 Bn
Nov 28, 2024 3.21 Bn
Nov 28, 2024 3.21 Bn
Aug 29, 2024 -5.15 Bn
Aug 29, 2024 -5.15 Bn
May 30, 2024 2.09 Bn
May 30, 2024 2.09 Bn
Feb 29, 2024 1.38 Bn
Feb 29, 2024 1.38 Bn