Micron Technology MU
NASDAQ MU
$975.26 -2.15 (-0.22%)
At close: Sep 11, 2026 · 4:00 PM EDT

Micron Technology (MU) Operating Expenses (2009 - 2026)

Micron Technology's (MU) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, up 34.29% year-over-year from $1.3 billion in Q2 2025, and up 8.09% quarter-over-quarter from $1.6 billion in Q1 2026.

Analysis

Micron Technology (MU) Operating Expenses (2009 - 2026) Analysis & Trends

Micron Technology has disclosed Operating Expenses across 18 years of filings, most recently posting $1.7 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 34.29% year-over-year to $1.7 billion; the TTM figure through May 2026 stood at $6.2 billion (up 27.78% YoY), while the FY2025 annual figure was $5.0 billion, up 10.57% from the prior year.
  • Operating Expenses came in at $1.7 billion for Q2 2026 at Micron Technology, up from $1.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.7 billion in Q2 2026 to a low of $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 dropped 23.36% in 2022 and surged 34.74% in 2026.
  • Over 5 years, 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 rose by 14.26% to $1.7 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Taiwan Semiconductor Manufacturing 2,246.74 Bn 2,142.69 Bn 27.22 Bn 3.13 Bn
2 Micron Technology 1,101.07 Bn 1,075.05 Bn 35.06 Bn 1.72 Bn
3 Intel 519.13 Bn 505.00 Bn 6.51 Bn 4.71 Bn
4 Texas Instruments 245.39 Bn 238.39 Bn 3.35 Bn 1.04 Bn
5 Analog Devices 183.54 Bn 181.22 Bn 2.71 Bn 1.09 Bn
6 NXP Semiconductors 59.67 Bn 56.81 Bn 2.00 Bn 926.00 Mn
7 United Microelectronics 57.00 Bn 53.04 Bn 706.26 Mn -226.94 Mn
8 STMicroelectronics 45.78 Bn 41.92 Bn 1.22 Bn -1.03 Bn
9 Microchip Technology 40.29 Bn 40.02 Bn 938.90 Mn 602.10 Mn
10 On Semiconductor 29.64 Bn 25.80 Bn 616.30 Mn 357.70 Mn
Historic Data

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