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
Download Data
Historic 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 |