Micron Technology, Inc. MU

1,082.28 1.75 0.16% as of 25 Sep
Market cap
$1.24T
P/E
24.2×
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Micron Technology, Inc. (MU) Gross margin

Micron Technology, Inc.'s gross margin over the twelve months to 31 May 2026 was 72.6%, up 32.8 percentage points from fiscal 2025 (39.8%). Over the past ten years it has ranged from −9.11% (fiscal 2023) to 58.9% (fiscal 2018); the current reading is higher than 64% of that period. That is above the Semiconductors industry median of 52.3% and above the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 39.8% 17.44
FY2024 22.4% 31.46
FY2023 −9.11% (54.29)
FY2022 45.2% 7.56
FY2021 37.6% 7.05
FY2020 30.6% (15.15)
FY2019 45.7% (13.15)
FY2018 58.9% 17.36
FY2017 41.5% 21.31
FY2016 20.2% (12.01)

Quarterly

Period Gross margin Change (points)
May 2026 84.6% 10.15
Feb 2026 74.4% 18.37
Nov 2025 56.0% 11.37
Aug 2025 44.7% 6.95
42 more quarters

Against its own ten years

Low −9.11% High 58.9%
Ten-year median 37.6%
Current reading's percentile 64

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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