Micron Technology (MU) Operating Leases (2019 - 2026)

Micron Technology's (MU) quarterly Operating Leases came in at $656.0 million in Q1 2026, up 9.52% year-on-year from $599.0 million in Q1 2025, and down 10.99% quarter-over-quarter from $737.0 million in Q4 2025.

Micron Technology (MU) Operating Leases (2019 - 2026) Analysis & Trends

Micron Technology has disclosed Operating Leases across 8 years of filings, most recently posting $656.0 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $656.0 million, up 9.52% year-over-year; the trailing twelve-month figure through Feb 2026 was $656.0 million (up 9.52% YoY), and the FY2025 annual result was $701.0 million, up 14.92% from the prior year.
  • Operating Leases came in at $656.0 million for Q1 2026 at Micron Technology, down from $737.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $737.0 million in Q4 2025 to a low of $588.0 million in Q4 2024.
  • The 5-year median for Operating Leases is $610.0 million (2022), against an average of $640.3 million.
  • Across the five-year window, Operating Leases retreated 12.39% in 2023 and rose 25.34% in 2025, its largest moves.
  • Micron Technology's Operating Leases stood at $686.0 million in 2022, then dropped by 12.39% to $601.0 million in 2023, then retreated by 2.16% to $588.0 million in 2024, then increased by 25.34% to $737.0 million in 2025, then fell by 10.99% to $656.0 million in 2026.
  • The last three Operating Leases figures came in at $656.0 million (Q1 2026), $737.0 million (Q4 2025), and $701.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn
10 Analog Devices 212.24 Bn 208.80 Bn 2.44 Bn

Historic Data

Download Data
DateValue
Feb 26, 2026 656.00 Mn
Nov 27, 2025 737.00 Mn
Aug 28, 2025 701.00 Mn
May 29, 2025 672.00 Mn
Feb 27, 2025 599.00 Mn
Nov 28, 2024 588.00 Mn
Aug 29, 2024 610.00 Mn
May 30, 2024 609.00 Mn
Feb 29, 2024 658.00 Mn
Nov 30, 2023 601.00 Mn
Aug 31, 2023 603.00 Mn
Jun 1, 2023 665.00 Mn
Mar 2, 2023 610.00 Mn
Dec 1, 2022 686.00 Mn
Sep 1, 2022 610.00 Mn
Jun 2, 2022 687.00 Mn
Mar 3, 2022 593.00 Mn
Dec 2, 2021 581.00 Mn
Sep 2, 2021 504.00 Mn
Jun 3, 2021 567.00 Mn