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 (MU) has 18 years of Operating Margin data on file, last reported 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.
  • The five-year high for Operating Margin was 80.37% in Q2 2026, with the low at 62.36% in Q1 2023.
  • Average Operating Margin over 5 years is 13.58%, with a median of 22.46% recorded in 2022.
  • Year-over-year, Operating Margin slumped 9506 bps in 2023 and soared 6564 bps in 2024.
  • Micron Technology's Operating Margin stood at 5.12% in 2022, then plunged by 367 bps to 23.87% in 2023, then jumped by 205 bps to 24.96% in 2024, then surged by 80 bps to 44.98% in 2025, then soared by 79 bps to 80.37% in 2026.
  • Business Quant data shows MU's Operating Margin at 80.37% in Q2 2026, 67.62% in Q1 2026, and 44.98% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 65.60%
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 80.37%
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 14.40%
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn -23.10%
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -273.90%
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 29.40%
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 37.47%
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 14.04%
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 25.49%
10 Analog Devices 189.67 Bn 186.23 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%