Micron Technology Inc (MU) stock
MUNasdaqSemiconductors & Related DevicesFiscal year ends September 2
Financials through Q4 FY2026, quarter ended Sep 3, 2026Last filing: 10-K on Oct 9, 2026Score 25/3058% below fair value
$778.31−20.13 (-2.52%)
Close on Nov 13, 2026Market cap $880.60BP/E 10.5Yield 0.07%
Micron Technology operating margin
Operating margin is operating income as a percentage of revenue.
Micron Technology's operating margin for the twelve months ending Sep 3, 2026 was 74.6%. For fiscal 2026 it was 74.6%, against 26.1% the year before. The highest annual figure on record is 74.6% in fiscal 2026.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Sep 3, 2026 | 74.6% | +48.4 |
| FY2025 | Aug 28, 2025 | 26.1% | +20.9 |
| FY2024 | Aug 29, 2024 | 5.2% | +42.2 |
| FY2023 | Aug 31, 2023 | -37.0% | −68.5 |
| FY2022 | Sep 1, 2022 | 31.5% | +8.9 |
| FY2021 | Sep 2, 2021 | 22.7% | +8.7 |
| FY2020 | Sep 3, 2020 | 14.0% | −17.5 |
| FY2019 | Aug 29, 2019 | 31.5% | −17.8 |
| FY2018 | Aug 30, 2018 | 49.3% | +20.5 |
| FY2017 | Aug 31, 2017 | 28.9% | +27.5 |
| FY2016 | Sep 1, 2016 | 1.4% | −17.2 |
| FY2015 | Sep 3, 2015 | 18.5% | −0.4 |
| FY2014 | Aug 28, 2014 | 18.9% | +16.3 |
| FY2013 | Aug 29, 2013 | 2.6% | +10.0 |
| FY2012 | Aug 30, 2012 | -7.4% | −16.1 |
| FY2011 | Sep 1, 2011 | 8.7% | −10.1 |
| FY2010 | Sep 2, 2010 | 18.7% | +53.6 |
| FY2009 | Sep 3, 2009 | -34.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2026CQ3 2026 | Sep 3, 2026 | 80.7% | +48.4 |
| Q3 FY2026CQ2 2026 | May 28, 2026 | 80.4% | +57.0 |
| Q2 FY2026CQ1 2026 | Feb 26, 2026 | 67.6% | +45.6 |
| Q1 FY2026CQ4 2025 | Nov 27, 2025 | 45.0% | +20.0 |
| Q4 FY2025CQ3 2025 | Aug 28, 2025 | 32.3% | +12.7 |
| Q3 FY2025CQ2 2025 | May 29, 2025 | 23.3% | +12.8 |
| Q2 FY2025CQ1 2025 | Feb 27, 2025 | 22.0% | +18.7 |
| Q1 FY2025CQ4 2024 | Nov 28, 2024 | 25.0% | +48.8 |
| Q4 FY2024CQ3 2024 | Aug 29, 2024 | 19.6% | +56.3 |
| Q3 FY2024CQ2 2024 | May 30, 2024 | 10.6% | +57.5 |
| Q2 FY2024CQ1 2024 | Feb 29, 2024 | 3.3% | +65.6 |
| Q1 FY2024CQ4 2023 | Nov 30, 2023 | -23.9% | −18.8 |
| Q4 FY2023CQ3 2023 | Aug 31, 2023 | -36.7% | −59.6 |
| Q3 FY2023CQ2 2023 | Jun 1, 2023 | -46.9% | −81.7 |
| Q2 FY2023CQ1 2023 | Mar 2, 2023 | -62.4% | −95.1 |
| Q1 FY2023CQ4 2022 | Dec 1, 2022 | -5.1% | −39.3 |
| Q4 FY2022CQ3 2022 | Sep 1, 2022 | 22.9% | −12.8 |
| Q3 FY2022CQ2 2022 | Jun 2, 2022 | 34.8% | +10.5 |
| Q2 FY2022CQ1 2022 | Mar 3, 2022 | 32.7% | +22.1 |
| Q1 FY2022CQ4 2021 | Dec 2, 2021 | 34.2% | +19.2 |
| Q4 FY2021CQ3 2021 | Sep 2, 2021 | 35.7% | +16.6 |
| Q3 FY2021CQ2 2021 | Jun 3, 2021 | 24.2% | +7.9 |
| Q2 FY2021CQ1 2021 | Mar 4, 2021 | 10.6% | +1.5 |
| Q1 FY2021CQ4 2020 | Dec 3, 2020 | 15.0% | +4.9 |
| Q4 FY2020CQ3 2020 | Sep 3, 2020 | 19.1% | +5.8 |
| Q3 FY2020CQ2 2020 | May 28, 2020 | 16.3% | −4.8 |
| Q2 FY2020CQ1 2020 | Feb 27, 2020 | 9.2% | −24.4 |
| Q1 FY2020CQ4 2019 | Nov 28, 2019 | 10.1% | −37.4 |
| Q4 FY2019CQ3 2019 | Aug 29, 2019 | 13.3% | −38.5 |
| Q3 FY2019CQ2 2019 | May 30, 2019 | 21.1% | −29.6 |
| Q2 FY2019CQ1 2019 | Feb 28, 2019 | 33.5% | −15.0 |
| Q1 FY2019CQ4 2018 | Nov 29, 2018 | 47.5% | +2.0 |
| Q4 FY2018CQ3 2018 | Aug 30, 2018 | 51.9% | +11.1 |
| Q3 FY2018CQ2 2018 | May 31, 2018 | 50.7% | +15.4 |
| Q2 FY2018CQ1 2018 | Mar 1, 2018 | 48.5% | +26.1 |
| Q1 FY2018CQ4 2017 | Nov 30, 2017 | 45.5% | +36.5 |
| Q4 FY2017CQ3 2017 | Aug 31, 2017 | 40.8% | – |
| Q3 FY2017CQ2 2017 | Jun 1, 2017 | 35.3% | – |
| Q2 FY2017CQ1 2017 | Mar 2, 2017 | 22.5% | – |
| Q1 FY2017CQ4 2016 | Dec 1, 2016 | 9.0% | – |
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