Micron Technology (MU) Tax Rate (2010 - 2026)
Micron Technology (MU) reported Tax Rate of 14.99% for fiscal Q3 2026 (quarter ended May 28, 2026), up 3.87 percentage points from 11.12% a year earlier and up 0.32 percentage points from the prior quarter.
Micron Technology (MU) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended May 28, 2026, Micron Technology's Tax Rate came in at 14.57%, down 2.92 percentage points year-over-year; for FY2025 (ended Aug 28, 2025), it was 11.64%, down 24.73 percentage points from FY2024.
- Tax Rate has a five-year change of +2.26 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at 36.37% in FY2024 (+39.50 pp), -3.13% in FY2023 (-12.41 pp), 9.28% in FY2022 (+2.94 pp) and 6.34% in FY2021 (-3.05 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Tax Rate since fiscal Q4 2024.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of +46.62 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2025 (a gain of 375.95 percentage points); the low point was fiscal Q2 2024 (a drop of 363.50 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 14.67% (Q2 2026), 13.68% (Q1 2026) and 11.81% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 6.72% |
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 14.99% |
| Feb 26, 2026 | 14.67% |
| Nov 27, 2025 | 13.68% |
| Aug 28, 2025 | 11.81% |
| May 29, 2025 | 11.12% |
| Feb 27, 2025 | 10.07% |
| Nov 28, 2024 | 13.15% |
| Aug 29, 2024 | 41.26% |
| May 30, 2024 | 52.73% |
| Sep 1, 2022 | 3.61% |
| Jun 2, 2022 | 11.98% |
| Mar 3, 2022 | 10.16% |
| Dec 2, 2021 | 8.69% |
| Sep 2, 2021 | 7.83% |
| Jun 3, 2021 | 3.60% |
| Mar 4, 2021 | 7.56% |
| Dec 3, 2020 | 6.06% |
| Sep 3, 2020 | 12.09% |
| May 28, 2020 | 7.82% |
| Feb 27, 2020 | 4.92% |
Micron Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();