Micron Technology, Inc.
Micron Technology, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $133.2 billion, up 256.3% from fiscal 2025. In the quarter to August 2026, revenue grew 379.3%, EPS grew 1,066.4%, free cash flow grew 45,543.1% and total debt fell 64.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.
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Micron Technology, Inc. (MU) Operating margin
Micron Technology, Inc.'s operating margin over the twelve months to 31 August 2026 was 74.6%. Over the past ten years it has ranged from −37.0% (fiscal 2023) to 74.6% (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 4.76% and above the Technology sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 74.6% | 48.45 |
| FY2025 | 26.1% | 20.95 |
| FY2024 | 5.19% | 42.16 |
| FY2023 | −37.0% | (68.51) |
| FY2022 | 31.5% | 8.86 |
| FY2021 | 22.7% | 8.67 |
| FY2020 | 14.0% | (17.50) |
| FY2019 | 31.5% | (17.83) |
| FY2018 | 49.3% | 20.46 |
| FY2017 | 28.9% | 27.53 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Aug 2026 | 80.7% | 0.31 |
| May 2026 | 80.4% | 12.75 |
| Feb 2026 | 67.6% | 22.64 |
| Nov 2025 | 45.0% | 12.69 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MU Micron Technology, Inc. | 74.6% |
| NVDA NVIDIA Corporation compare | 65.2% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 56.1% |
| AVGO Broadcom Inc. compare | 48.1% |
| TXN Texas Instruments Incorporated compare | 37.3% |
| ARM ARM Holdings PLC Sponsored ADR compare | 17.0% |
| MRVL Marvell Technology, Inc. compare | 16.5% |
| AMD Advanced Micro Devices, Inc. compare | 15.7% |
| INTC Intel Corporation compare | −0.14% |
| Semiconductors industry median | 4.76% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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