Micron Technology (MU) Cost of Revenue (2009 - 2026)
Micron Technology's (MU) quarterly Cost of Revenue came in at $6.4 billion in Q2 2026, up 10.48% year-over-year from $5.8 billion in Q2 2025, and up 4.83% quarter-over-quarter from $6.1 billion in Q1 2026.
Analysis
Micron Technology (MU) Cost of Revenue (2009 - 2026) Analysis & Trends
Micron Technology has disclosed Cost of Revenue across 18 years of filings, most recently posting $6.4 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 10.48% year-over-year to $6.4 billion; the TTM figure through May 2026 stood at $24.8 billion (up 16.49% YoY), while the FY2025 annual figure was $22.5 billion, up 15.42% from the prior year.
- Cost of Revenue came in at $6.4 billion for Q2 2026 at Micron Technology, up from $6.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.4 billion in Q2 2026 to a low of $3.2 billion in Q4 2022.
- Average Cost of Revenue over 5 years is $5.0 billion, with a median of $4.9 billion recorded in 2023.
- Year-over-year, Cost of Revenue declined 22.56% in 2022 and soared 49.15% in 2023.
- Over 5 years, Cost of Revenue stood at $3.2 billion in 2022, then surged by 49.15% to $4.8 billion in 2023, then advanced by 12.6% to $5.4 billion in 2024, then advanced by 11.86% to $6.0 billion in 2025, then gained by 6.72% to $6.4 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $6.4 billion in Q2 2026, $6.1 billion in Q1 2026, and $6.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 12.97 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 6.40 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 9.62 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 2.11 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 1.31 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 1.49 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | 1.47 Bn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | 2.27 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 545.80 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 987.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 6.40 Bn |
| Feb 26, 2026 | 6.11 Bn |
| Nov 27, 2025 | 6.00 Bn |
| Aug 28, 2025 | 6.26 Bn |
| May 29, 2025 | 5.79 Bn |
| Feb 27, 2025 | 5.09 Bn |
| Nov 28, 2024 | 5.36 Bn |
| Aug 29, 2024 | 5.01 Bn |
| May 30, 2024 | 4.98 Bn |
| Feb 29, 2024 | 4.75 Bn |
| Nov 30, 2023 | 4.76 Bn |
| Aug 31, 2023 | 4.45 Bn |
| Jun 1, 2023 | 4.42 Bn |
| Mar 2, 2023 | 4.90 Bn |
| Dec 1, 2022 | 3.19 Bn |
| Sep 1, 2022 | 4.02 Bn |
| Jun 2, 2022 | 4.61 Bn |
| Mar 3, 2022 | 4.11 Bn |
| Dec 2, 2021 | 4.12 Bn |
| Sep 2, 2021 | 4.36 Bn |