Micron Technology MU
NASDAQ MU
$966.78 -7.55 (-0.77%)
At close: Aug 21, 2026 · 4:00 PM EDT

Micron Technology (MU) Operating Margin (2009 - 2026)

Micron Technology (MU) posted Operating Margin of 80.37% for Q2 2026, up 18.85% sequentially from 67.62% in Q1 2026, and up 5705.0% YoY from 1.38% in Q2 2025.

Micron Technology (MU) Operating Margin (2009 - 2026) Analysis & Trends

Micron Technology has reported Operating Margin for 18 years, with the latest figure at 80.37% in Q2 2026.

  • Quarterly Operating Margin rose 5705.0% year-over-year to 80.37% in Q2 2026, while the trailing twelve-month figure through May 2026 was 65.63% (up 4304.0% YoY) and the FY2025 annual result came in at 26.14%, up 2095.0% from the prior year.
  • Operating Margin grew to 80.37% in Q2 2026 per MU's latest filing, from 67.62% in the prior quarter.
  • Over five years, Operating Margin peaked at 80.37% in Q2 2026 and troughed at 62.36% in Q1 2023.
  • A 5-year average of 13.58% and a median of 22.46% in 2022 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 9506 bps in 2023, then jumped 6564 bps in 2024.
  • Over 5 years, Operating Margin stood at 5.12% in 2022, then tumbled by 367 bps to 23.87% in 2023, then soared by 205 bps to 24.96% in 2024, then jumped by 80 bps to 44.98% in 2025, then surged by 79 bps to 80.37% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 80.37%, 67.62%, and 44.98% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Taiwan Semiconductor Manufacturing 10,848.43 Bn 10,750.17 Bn 23.77 Bn 58.10%
2 Nvidia 5,220.28 Bn 5,169.94 Bn 61.16 Bn 65.60%
3 Broadcom 1,746.09 Bn 1,726.46 Bn 15.42 Bn 48.62%
4 Micron Technology 1,092.82 Bn 1,066.80 Bn 35.06 Bn 80.37%
5 Advanced Micro Devices 773.31 Bn 760.20 Bn 6.20 Bn 17.25%
6 Intel 459.59 Bn 429.86 Bn 6.51 Bn 11.14%
7 Arm Holdings 259.13 Bn 255.24 Bn 1.25 Bn 7.06%
8 Texas Instruments 241.28 Bn 234.28 Bn 3.35 Bn 42.28%
9 Marvell Technology 209.48 Bn 205.64 Bn 1.26 Bn 14.04%
10 Analog Devices 182.02 Bn 178.58 Bn 2.44 Bn 38.08%

Historic Data

Download Data
DateValue
May 28, 2026 80.37%
Feb 26, 2026 67.62%
Nov 27, 2025 44.98%
Aug 28, 2025 32.29%
May 29, 2025 23.32%
Feb 27, 2025 22.02%
Nov 28, 2024 24.96%
Aug 29, 2024 19.64%
May 30, 2024 10.56%
Feb 29, 2024 3.28%
Nov 30, 2023 -23.87%
Aug 31, 2023 -36.71%
Jun 1, 2023 -46.93%
Mar 2, 2023 -62.36%
Dec 1, 2022 -5.12%
Sep 1, 2022 22.90%
Jun 2, 2022 34.76%
Mar 3, 2022 32.70%
Dec 2, 2021 34.23%
Sep 2, 2021 35.71%