Micron Technology (MU) Leases (2015 - 2026)

Micron Technology's (MU) quarterly Leases came in at $1.4 billion in Q1 2026, down 49.68% year-on-year from $2.8 billion in Q1 2025, and down 51.2% quarter-over-quarter from $2.9 billion in Q4 2025.

Micron Technology (MU) Leases (2015 - 2026) Analysis & Trends

Micron Technology has disclosed Leases across 12 years of filings, most recently posting $1.4 billion for Q1 2026.

  • Leases for Q1 2026 came in at $1.4 billion, down 49.68% year-over-year; the trailing twelve-month figure through Feb 2026 was $1.4 billion (down 49.68% YoY), and the FY2025 annual result was $1.6 billion, down 22.47% from the prior year.
  • Leases came in at $1.4 billion for Q1 2026 at Micron Technology, down from $2.9 billion in the prior quarter.
  • In the past five years, Leases ranged from a high of $3.1 billion in Q2 2025 to a low of $904.0 million in Q3 2022.
  • The 5-year median for Leases is $1.5 billion (2023), against an average of $1.7 billion.
  • Across the five-year window, Leases jumped 68.35% in 2022 and sank 49.68% in 2026, its largest moves.
  • Micron Technology's Leases stood at $924.0 million in 2022, then soared by 62.01% to $1.5 billion in 2023, then soared by 65.73% to $2.5 billion in 2024, then increased by 17.29% to $2.9 billion in 2025, then plunged by 51.2% to $1.4 billion in 2026.
  • The last three Leases figures came in at $1.4 billion (Q1 2026), $2.9 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Nvidia 4,982.76 Bn 4,939.28 Bn 61.16 Bn 4.26 Bn
2 Broadcom 1,809.69 Bn 1,790.07 Bn 15.42 Bn -
3 Micron Technology 1,108.01 Bn 1,093.42 Bn 17.76 Bn 1.42 Bn
4 Taiwan Semiconductor Manufacturing 986.32 Bn 889.38 Bn 23.77 Bn 1.45 Bn
5 Advanced Micro Devices 835.76 Bn 823.41 Bn 5.42 Bn 1.03 Bn
6 Intel 632.63 Bn 613.44 Bn 5.35 Bn -
7 Texas Instruments 273.73 Bn 268.62 Bn 2.80 Bn -
8 Marvell Technology 251.71 Bn 247.87 Bn 1.26 Bn 283.70 Mn
9 Qualcomm 225.58 Bn 215.78 Bn 4.16 Bn -
10 Analog Devices 204.00 Bn 200.56 Bn 2.44 Bn -

Historic Data

Download Data
DateValue
Feb 26, 2026 1.42 Bn
Nov 27, 2025 2.91 Bn
Aug 28, 2025 1.58 Bn
May 29, 2025 3.06 Bn
Feb 27, 2025 2.82 Bn
Nov 28, 2024 2.48 Bn
Aug 29, 2024 2.04 Bn
May 30, 2024 1.94 Bn
Feb 29, 2024 1.73 Bn
Nov 30, 2023 1.50 Bn
Aug 31, 2023 1.31 Bn
Jun 1, 2023 1.19 Bn
Mar 2, 2023 1.08 Bn
Dec 1, 2022 924.00 Mn
Sep 1, 2022 904.00 Mn
Jun 2, 2022 924.00 Mn
Mar 3, 2022 968.00 Mn
Dec 2, 2021 886.00 Mn
Sep 2, 2021 766.00 Mn
Jun 3, 2021 558.00 Mn