Micron Technology (MU) Capital Expenditures (2009 - 2026)
Micron Technology (MU) recorded Capital Expenditures of $11.11 billion in fiscal Q4 2026 (quarter ended Sep 3, 2026), up 96.4% from $5.66 billion a year earlier and up 42.0% from the prior quarter.
Powered by 
Analysis
Micron Technology (MU) Capital Expenditures (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 3, 2026), Micron Technology reported Capital Expenditures of $30.71 billion, up 93.7% from FY2025.
- Annual Capital Expenditures has increased for three straight fiscal years, with a five-year compound annual growth rate of 25.1% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $15.86 billion in FY2025 (+89.1%), $8.39 billion in FY2024 (+9.2%), $7.68 billion in FY2023 (-36.4%) and $12.07 billion in FY2022 (+20.3%).
- The fiscal Q4 2026 figure is the highest quarterly Capital Expenditures in data going back to fiscal Q1 2010.
- On a year-over-year basis, Capital Expenditures has increased for ten consecutive quarters, with growth averaging 97.8% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 193.0% in fiscal Q2 2025, against a decline of 59.6% in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $7.83 billion (Q3 2026), $6.39 billion (Q2 2026) and $5.39 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | -7.11 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | - |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 2.68 Bn |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | -1.01 Bn |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 11.11 Bn |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 648.00 Mn |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 4.02 Bn |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | 684.00 Mn |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 257.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 3, 2026 | 11.11 Bn |
| May 28, 2026 | 7.83 Bn |
| Feb 26, 2026 | 6.39 Bn |
| Nov 27, 2025 | 5.39 Bn |
| Aug 28, 2025 | 5.66 Bn |
| May 29, 2025 | 2.94 Bn |
| Feb 27, 2025 | 4.06 Bn |
| Nov 28, 2024 | 3.21 Bn |
| Aug 29, 2024 | 3.12 Bn |
| May 30, 2024 | 2.09 Bn |
| Feb 29, 2024 | 1.38 Bn |
| Nov 30, 2023 | 1.80 Bn |
| Aug 31, 2023 | 1.46 Bn |
| Jun 1, 2023 | 1.56 Bn |
| Mar 2, 2023 | 2.21 Bn |
| Dec 1, 2022 | 2.45 Bn |
| Sep 1, 2022 | 3.61 Bn |
| Jun 2, 2022 | 2.58 Bn |
| Mar 3, 2022 | 2.61 Bn |
| Dec 2, 2021 | 3.27 Bn |
API Access
Micron Technology Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();