Micron Technology MU
NASDAQ MU
$975.26 -2.15 (-0.22%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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