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 10,545.90 Bn 10,447.64 Bn 23.77 Bn 2.97 Bn
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn 7.62 Bn
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn 4.63 Bn
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn 1.72 Bn
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn 3.94 Bn
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn 4.71 Bn
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00 2.13 Mn
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn -1.16 Bn
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn 1.04 Bn
10 Analog Devices 176.28 Bn 172.84 Bn 2.44 Bn 1.06 Bn

Historic Data

Download Data
DateValue
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