Micron Technology (MU) Operating Expenses (2009 - 2026)
Micron Technology (MU) posted Operating Expenses of $1.7 billion for Q2 2026, up 8.09% sequentially from $1.6 billion in Q1 2026, and up 34.29% YoY from $1.3 billion in Q2 2025.
Micron Technology (MU) Operating Expenses (2009 - 2026) Analysis & Trends
Micron Technology has reported Operating Expenses for 18 years, with the latest figure at $1.7 billion in Q2 2026.
- Quarterly Operating Expenses rose 34.29% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $6.2 billion (up 27.78% YoY) and the FY2025 annual result came in at $5.0 billion, up 10.57% from the prior year.
- Operating Expenses advanced to $1.7 billion in Q2 2026 per MU's latest filing, from $1.6 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.7 billion in Q2 2026 and troughed at $942.0 million in Q3 2023.
- A 5-year average of $1.2 billion and a median of $1.1 billion in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses declined 23.36% in 2022, then soared 34.74% in 2026.
- Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then slipped by 0.45% to $1.1 billion in 2023, then rose by 6.14% to $1.2 billion in 2024, then climbed by 28.23% to $1.5 billion in 2025, then advanced by 14.26% to $1.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.7 billion, $1.6 billion, and $1.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 2.97 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 7.62 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 4.63 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 4.21 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 4.71 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | -1.16 Bn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 1.04 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 921.40 Mn |
| 10 | Analog Devices | 182.02 Bn | 178.58 Bn | 2.44 Bn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 28, 2026 | 1.72 Bn |
| 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 |