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
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