Micron Technology (MU) Operating Leases (2019 - 2026)
Micron Technology's (MU) quarterly Operating Leases came in at $654.0 million in Q2 2026, down 2.68% year-over-year from $672.0 million in Q2 2025, and little changed quarter-over-quarter from $656.0 million in Q1 2026.
Analysis
Micron Technology (MU) Operating Leases (2019 - 2026) Analysis & Trends
Micron Technology has disclosed Operating Leases across 8 years of filings, most recently posting $654.0 million for Q2 2026.
- In Q2 2026, Operating Leases fell 2.68% year-over-year to $654.0 million; the TTM figure through May 2026 stood at $654.0 million (down 2.68% YoY), while the FY2025 annual figure was $701.0 million, up 14.92% from the prior year.
- Operating Leases came in at $654.0 million for Q2 2026 at Micron Technology, roughly flat from $656.0 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 $593.0 million in Q1 2022.
- Average Operating Leases over 5 years is $659.4 million, with a median of $664.0 million recorded in 2023.
- Year-over-year, Operating Leases increased 21.16% in 2022 and decreased 3.35% in 2023.
- Over 5 years, Operating Leases stood at $686.0 million in 2022, then declined by 3.35% to $663.0 million in 2023, then decreased by 0.75% to $658.0 million in 2024, then grew by 12.01% to $737.0 million in 2025, then decreased by 11.26% to $654.0 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $654.0 million in Q2 2026, $656.0 million in Q1 2026, and $737.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 654.00 Mn |
| 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 | 668.00 Mn |
| Nov 28, 2024 | 658.00 Mn |
| Aug 29, 2024 | 610.00 Mn |
| May 30, 2024 | 677.00 Mn |
| Feb 29, 2024 | 658.00 Mn |
| Nov 30, 2023 | 663.00 Mn |
| Aug 31, 2023 | 603.00 Mn |
| Jun 1, 2023 | 665.00 Mn |
| Mar 2, 2023 | 671.00 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 |