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

Micron Technology (MU) posted Operating Leases of $654.0 million for Q2 2026, little changed sequentially from $656.0 million in Q1 2026, and up 9.0% YoY from $600.0 million in Q2 2025.

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

Micron Technology has reported Operating Leases for 8 years, with the latest figure at $654.0 million in Q2 2026.

  • Quarterly Operating Leases rose 9.0% year-over-year to $654.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $654.0 million (up 9.0% YoY) and the FY2025 annual result came in at $701.0 million, up 14.92% from the prior year.
  • Operating Leases steadied at $654.0 million in Q2 2026 per MU's latest filing, from $656.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $701.0 million in Q3 2025 and troughed at $588.0 million in Q4 2024.
  • A 5-year average of $637.3 million and a median of $641.5 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases grew 22.61% in 2022, then declined 11.31% in 2024.
  • Over 5 years, Operating Leases stood at $625.0 million in 2022, then climbed by 6.08% to $663.0 million in 2023, then decreased by 11.31% to $588.0 million in 2024, then increased by 13.78% to $669.0 million in 2025, then retreated by 2.24% to $654.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $654.0 million, $656.0 million, and $669.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Taiwan Semiconductor Manufacturing 10,545.90 Bn 10,447.64 Bn 23.77 Bn
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn
10 Analog Devices 176.28 Bn 172.84 Bn 2.44 Bn

Historic Data

Download Data
DateValue
May 28, 2026 654.00 Mn
Feb 26, 2026 656.00 Mn
Nov 27, 2025 669.00 Mn
Aug 28, 2025 701.00 Mn
May 29, 2025 600.00 Mn
Feb 27, 2025 668.00 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 663.00 Mn
Aug 31, 2023 603.00 Mn
Jun 1, 2023 665.00 Mn
Mar 2, 2023 671.00 Mn
Dec 1, 2022 625.00 Mn
Sep 1, 2022 610.00 Mn
Jun 2, 2022 629.00 Mn
Mar 3, 2022 593.00 Mn
Dec 2, 2021 581.00 Mn
Sep 2, 2021 504.00 Mn