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
DateValue
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%