Micron Technology (MU) Research & Development (2009 - 2026)
Micron Technology's (MU) quarterly Research & Development came in at $1.3 billion in Q2 2026, up 36.37% year-over-year from $965.0 million in Q2 2025, and up 5.28% quarter-over-quarter from $1.2 billion in Q1 2026.
Analysis
Micron Technology (MU) Research & Development (2009 - 2026) Analysis & Trends
Micron Technology has disclosed Research & Development across 18 years of filings, most recently posting $1.3 billion for Q2 2026.
- In Q2 2026, Research & Development rose 36.37% year-over-year to $1.3 billion; the TTM figure through May 2026 stood at $4.8 billion (up 30.93% YoY), while the FY2025 annual figure was $3.8 billion, up 10.73% from the prior year.
- Research & Development came in at $1.3 billion for Q2 2026 at Micron Technology, up from $1.2 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.3 billion in Q2 2026 to a low of $719.0 million in Q3 2023.
- Average Research & Development over 5 years is $915.7 million, with a median of $849.5 million recorded in 2022.
- Year-over-year, Research & Development decreased 14.3% in 2023 and soared 39.2% in 2026.
- Over 5 years, Research & Development stood at $849.0 million in 2022, then fell by 0.47% to $845.0 million in 2023, then increased by 5.09% to $888.0 million in 2024, then soared by 31.87% to $1.2 billion in 2025, then grew by 12.38% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $1.3 billion in Q2 2026, $1.2 billion in Q1 2026, and $1.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 2.31 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 1.32 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 3.37 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 535.00 Mn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 533.48 Mn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 604.00 Mn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -150.19 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -551.00 Mn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 308.90 Mn |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 140.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |