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 (MU) has 18 years of Operating Expenses data on file, last reported 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.
- The five-year high for Operating Expenses was $1.7 billion in Q2 2026, with the low at $942.0 million in Q3 2023.
- Average Operating Expenses over 5 years is $1.2 billion, with a median of $1.1 billion recorded in 2022.
- Year-over-year, Operating Expenses retreated 23.36% in 2022 and surged 34.74% in 2026.
- Micron Technology's Operating Expenses stood at $1.1 billion in 2022, then dropped by 0.45% to $1.1 billion in 2023, then gained by 6.14% to $1.2 billion in 2024, then grew by 28.23% to $1.5 billion in 2025, then climbed by 14.26% to $1.7 billion in 2026.
- Business Quant data shows MU's Operating Expenses at $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 1.72 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 3.94 Bn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 8.48 Bn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 2.13 Mn |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -1.02 Bn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 991.00 Mn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 921.40 Mn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 8.29 Bn |
| 10 | Analog Devices | 189.67 Bn | 186.23 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 |