Micron Technology (MU) Operating Margin (2009 - 2026)
Micron Technology's (MU) quarterly Operating Margin came in at 67.62% in Q1 2026, up 4561.0% year-on-year from 1.45% in Q1 2025, and up 50.36% quarter-over-quarter from 44.98% in Q4 2025.
Micron Technology (MU) Operating Margin (2009 - 2026) Analysis & Trends
Micron Technology has disclosed Operating Margin across 18 years of filings, most recently posting 67.62% for Q1 2026.
- Operating Margin for Q1 2026 came in at 67.62%, up 4561.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 48.34% (up 2858.0% YoY), and the FY2025 annual result was 26.14%, up 2095.0% from the prior year.
- Operating Margin came in at 67.62% for Q1 2026 at Micron Technology, up from 44.98% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 67.62% in Q1 2026 to a low of 62.36% in Q1 2023.
- The 5-year median for Operating Margin is 22.02% (2025), against an average of 9.65%.
- Across the five-year window, Operating Margin plunged 9506 bps in 2023 and surged 6564 bps in 2024, its largest moves.
- Micron Technology's Operating Margin stood at 5.12% in 2022, then tumbled 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 jumped by 50 bps to 67.62% in 2026.
- The last three Operating Margin figures came in at 67.62% (Q1 2026), 44.98% (Q4 2025), and 32.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,982.76 Bn | 4,939.28 Bn | 61.16 Bn | 65.60% |
| 2 | Broadcom | 1,809.69 Bn | 1,790.07 Bn | 15.42 Bn | 48.62% |
| 3 | Micron Technology | 1,108.01 Bn | 1,093.42 Bn | 17.76 Bn | 67.62% |
| 4 | Taiwan Semiconductor Manufacturing | 986.32 Bn | 889.38 Bn | 23.77 Bn | 58.10% |
| 5 | Advanced Micro Devices | 835.76 Bn | 823.41 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 632.63 Bn | 613.44 Bn | 5.35 Bn | -23.10% |
| 7 | Texas Instruments | 273.73 Bn | 268.62 Bn | 2.80 Bn | 37.47% |
| 8 | Marvell Technology | 251.71 Bn | 247.87 Bn | 1.26 Bn | 14.04% |
| 9 | Qualcomm | 225.58 Bn | 215.78 Bn | 4.16 Bn | 25.49% |
| 10 | Analog Devices | 204.00 Bn | 200.56 Bn | 2.44 Bn | 38.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 3, 2021 | 24.24% |