Micron Technology (MU) Research & Development (2009 - 2026)

Micron Technology (MU) posted Research & Development of $1.3 billion for Q2 2026, up 5.28% sequentially from $1.2 billion in Q1 2026, and up 36.37% YoY from $965.0 million in Q2 2025.

Micron Technology (MU) Research & Development (2009 - 2026) Analysis & Trends

Micron Technology has reported Research & Development for 18 years, with the latest figure at $1.3 billion in Q2 2026.

  • Quarterly Research & Development rose 36.37% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.8 billion (up 30.93% YoY) and the FY2025 annual result came in at $3.8 billion, up 10.73% from the prior year.
  • Research & Development advanced to $1.3 billion in Q2 2026 per MU's latest filing, from $1.2 billion in the prior quarter.
  • Over five years, Research & Development peaked at $1.3 billion in Q2 2026 and troughed at $719.0 million in Q3 2023.
  • A 5-year average of $915.7 million and a median of $849.5 million in 2022 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2026: Research & Development slipped 14.3% in 2023, then jumped 39.2% in 2026.
  • Over 5 years, Research & Development stood at $849.0 million in 2022, then decreased by 0.47% to $845.0 million in 2023, then gained by 5.09% to $888.0 million in 2024, then surged by 31.87% to $1.2 billion in 2025, then rose by 12.38% to $1.3 billion in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $1.3 billion, $1.2 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nvidia 5,000.69 Bn 4,957.21 Bn 61.16 Bn 6.32 Bn
2 Taiwan Semiconductor Manufacturing 2,106.48 Bn 2,009.53 Bn 23.77 Bn 2.14 Bn
3 Broadcom 1,866.23 Bn 1,846.60 Bn 15.42 Bn 3.00 Bn
4 Micron Technology 1,057.61 Bn 1,031.59 Bn 35.06 Bn 1.32 Bn
5 Advanced Micro Devices 822.43 Bn 810.09 Bn 5.42 Bn 2.40 Bn
6 Intel 458.91 Bn 444.79 Bn 6.51 Bn 3.37 Bn
7 Aeluma 301.08 Bn 301.05 Bn 386,000.00 882,000.00
8 Arm Holdings 255.32 Bn 251.43 Bn 1.25 Bn -838.00 Mn
9 Texas Instruments 245.36 Bn 238.36 Bn 3.35 Bn 535.00 Mn
10 Analog Devices 176.27 Bn 172.83 Bn 2.44 Bn 509.32 Mn

Historic Data

Download Data
DateValue
May 28, 2026 1.32 Bn
Feb 26, 2026 1.25 Bn
Nov 27, 2025 1.17 Bn
Aug 28, 2025 1.05 Bn
May 29, 2025 965.00 Mn
Feb 27, 2025 898.00 Mn
Nov 28, 2024 888.00 Mn
Aug 29, 2024 903.00 Mn
May 30, 2024 850.00 Mn
Feb 29, 2024 832.00 Mn
Nov 30, 2023 845.00 Mn
Aug 31, 2023 719.00 Mn
Jun 1, 2023 758.00 Mn
Mar 2, 2023 788.00 Mn
Dec 1, 2022 849.00 Mn
Sep 1, 2022 839.00 Mn
Jun 2, 2022 773.00 Mn
Mar 3, 2022 792.00 Mn
Dec 2, 2021 712.00 Mn
Sep 2, 2021 705.00 Mn