Micron Technology (MU) Operating Expenses (2009 - 2026)
Micron Technology's (MU) quarterly Operating Expenses came in at $1.6 billion in Q1 2026, up 34.74% year-on-year from $1.2 billion in Q1 2025, and up 5.7% quarter-over-quarter from $1.5 billion in Q4 2025.
Micron Technology (MU) Operating Expenses (2009 - 2026) Analysis & Trends
Micron Technology has disclosed Operating Expenses across 18 years of filings, most recently posting $1.6 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.6 billion, up 34.74% year-over-year; the trailing twelve-month figure through Feb 2026 was $5.7 billion (up 22.28% YoY), and the FY2025 annual result was $5.0 billion, up 10.57% from the prior year.
- Operating Expenses came in at $1.6 billion for Q1 2026 at Micron Technology, up from $1.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q1 2026 to a low of $942.0 million in Q3 2023.
- The 5-year median for Operating Expenses is $1.1 billion (2022), against an average of $1.2 billion.
- Across the five-year window, Operating Expenses slipped 23.36% in 2022 and jumped 34.74% in 2026, its largest moves.
- Micron Technology's Operating Expenses stood at $1.1 billion in 2022, then retreated by 0.45% to $1.1 billion in 2023, then grew by 6.14% to $1.2 billion in 2024, then gained by 28.23% to $1.5 billion in 2025, then climbed by 5.7% to $1.6 billion in 2026.
- The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,982.76 Bn | 4,939.28 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Broadcom | 1,809.69 Bn | 1,790.07 Bn | 15.42 Bn | 4.63 Bn |
| 3 | Micron Technology | 1,108.01 Bn | 1,093.42 Bn | 17.76 Bn | 1.59 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 986.32 Bn | 889.38 Bn | 23.77 Bn | 2.97 Bn |
| 5 | Advanced Micro Devices | 835.76 Bn | 823.41 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 632.63 Bn | 613.44 Bn | 5.35 Bn | 8.48 Bn |
| 7 | Texas Instruments | 273.73 Bn | 268.62 Bn | 2.80 Bn | 991.00 Mn |
| 8 | Marvell Technology | 251.71 Bn | 247.87 Bn | 1.26 Bn | 921.40 Mn |
| 9 | Qualcomm | 225.58 Bn | 215.78 Bn | 4.16 Bn | 8.29 Bn |
| 10 | Analog Devices | 204.00 Bn | 200.56 Bn | 2.44 Bn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 26, 2026 | 1.59 Bn |
| Nov 27, 2025 | 1.51 Bn |
| Aug 28, 2025 | 1.36 Bn |
| May 29, 2025 | 1.28 Bn |
| Feb 27, 2025 | 1.18 Bn |
| Nov 28, 2024 | 1.18 Bn |
| Aug 29, 2024 | 1.20 Bn |
| May 30, 2024 | 1.14 Bn |
| Feb 29, 2024 | 1.11 Bn |
| Nov 30, 2023 | 1.11 Bn |
| Aug 31, 2023 | 942.00 Mn |
| Jun 1, 2023 | 1.05 Bn |
| Mar 2, 2023 | 1.11 Bn |
| Dec 1, 2022 | 1.11 Bn |
| Sep 1, 2022 | 1.12 Bn |
| Jun 2, 2022 | 1.04 Bn |
| Mar 3, 2022 | 1.06 Bn |
| Dec 2, 2021 | 1.01 Bn |
| Sep 2, 2021 | 963.00 Mn |
| Jun 3, 2021 | 1.35 Bn |