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 | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 58.10% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 65.60% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 48.62% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 11.14% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | -273.90% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 7.06% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 42.28% |
| 10 | Analog Devices | 176.28 Bn | 172.84 Bn | 2.44 Bn | 38.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |