Micron Technology (MU) Gross Margin (2009 - 2026)

Micron Technology (MU) posted Gross Margin of 84.56% for Q2 2026, up 13.64% sequentially from 74.41% in Q1 2026, and up 4685.0% YoY from 1.77% in Q2 2025.

Micron Technology (MU) Gross Margin (2009 - 2026) Analysis & Trends

Micron Technology has reported Gross Margin for 18 years, with the latest figure at 84.56% in Q2 2026.

  • Quarterly Gross Margin rose 4685.0% year-over-year to 84.56% in Q2 2026, while the trailing twelve-month figure through May 2026 was 72.57% (up 3544.0% YoY) and the FY2025 annual result came in at 39.79%, up 1744.0% from the prior year.
  • Gross Margin climbed to 84.56% in Q2 2026 per MU's latest filing, from 74.41% in the prior quarter.
  • Over five years, Gross Margin peaked at 84.56% in Q2 2026 and troughed at 32.66% in Q1 2023.
  • A 5-year average of 30.36% and a median of 37.26% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 7987 bps in 2023, then soared 5118 bps in 2024.
  • Over 5 years, Gross Margin stood at 21.86% in 2022, then sank by 103 bps to 0.74% in 2023, then soared by 5291 bps to 38.44% in 2024, then jumped by 46 bps to 56.04% in 2025, then soared by 51 bps to 84.56% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 84.56%, 74.41%, and 56.04% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Taiwan Semiconductor Manufacturing 10,545.90 Bn 10,447.64 Bn 23.77 Bn 66.25%
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn 74.93%
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn 69.48%
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn 84.56%
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn 52.82%
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn 40.36%
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00 31.59%
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn 97.21%
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn 61.36%
10 Analog Devices 176.28 Bn 172.84 Bn 2.44 Bn 67.33%

Historic Data

Download Data
DateValue
May 28, 2026 84.56%
Feb 26, 2026 74.41%
Nov 27, 2025 56.04%
Aug 28, 2025 44.67%
May 29, 2025 37.72%
Feb 27, 2025 36.79%
Nov 28, 2024 38.44%
Aug 29, 2024 35.32%
May 30, 2024 26.90%
Feb 29, 2024 18.53%
Nov 30, 2023 -0.74%
Aug 31, 2023 -10.85%
Jun 1, 2023 -17.80%
Mar 2, 2023 -32.66%
Dec 1, 2022 21.86%
Sep 1, 2022 39.47%
Jun 2, 2022 46.69%
Mar 3, 2022 47.21%
Dec 2, 2021 46.38%
Sep 2, 2021 47.28%