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
DateValue
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