SuperworthMicron Technology profit margin MU
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 63.8%
- Operating margin, 12 months
- 74.6%
- Net margin on a year earlier
- +41.0 pts
- Peer median
- 31.2%
Over the twelve months to Sep 3, 2026, Micron Technology kept 63.8% of its revenue as net profit, with an operating margin of 74.6% and a gross margin of 80.7%.
Five years earlier its net margin was 21.2%.
The median for 10 semiconductor stocks of a similar size is 31.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 63.8% | 74.6% | 80.7% |
| FY2025 | 22.8% | 26.1% | 39.8% |
| FY2024 | 3.1% | 5.2% | 22.4% |
| FY2023 | −37.5% | −37.0% | −9.1% |
| FY2022 | 28.2% | 31.5% | 45.2% |
| FY2021 | 21.2% | 22.7% | 37.6% |
| FY2020 | 12.5% | 14.0% | 30.6% |
| FY2019 | 27.0% | 31.5% | 45.7% |
| FY2018 | 46.5% | 49.3% | 58.9% |
| FY2017 | 25.0% | 28.9% | 41.5% |
| FY2016 | −2.2% | 1.4% | 20.2% |
| FY2015 | 17.9% | 18.5% | 32.2% |
| FY2014 | 18.6% | 18.9% | 33.2% |
| FY2013 | 13.1% | 2.6% | 20.4% |
| FY2012 | −12.5% | −7.4% | 11.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 63.8% | +41.0 pts | 74.6% | |
| Q3 FY26 | 55.9% | +37.5 pts | 65.6% | |
| Q2 FY26 | 41.5% | +26.6 pts | 48.3% | |
| Q1 FY26 | 28.1% | +14.8 pts | 32.5% | |
| Q4 FY25 | 22.8% | +19.7 pts | 26.1% | |
| Q3 FY25 | 18.4% | +25.6 pts | 22.6% | |
| Q2 FY25 | 14.9% | +35.5 pts | 19.8% | |
| Q1 FY25 | 13.3% | +55.8 pts | 15.8% | |
| Q4 FY24 | 3.1% | +40.6 pts | 5.2% | |
| Q3 FY24 | −7.2% | +8.8 pts | −7.9% | |
| Q2 FY24 | −20.6% | −27.6 pts | −22.8% | |
| Q1 FY24 | −42.5% | −65.2 pts | −41.2% |
Against its peers
Companies in Semiconductors nearest Micron Technology's size, closest first, today.
| Company | Profit margin |
|---|---|
| MUMicron Technology | 63.8% |
| AMDAdvanced Micro Devices | 15.6% |
| AVGOBroadcom | 42.9% |
| INTCIntel | −19.8% |
| AMATApplied Materials | 30.1% |
| LRCXLam Research | 32.3% |
| TXNTexas Instruments | 34.3% |
| MRVLMarvell Technology | 27.9% |
| NVDANVIDIA | 63.7% |
| KLACKLA | 35.6% |
| ADIAnalog Devices | 29.8% |
| Peer median | 31.2% |
Where Micron Technology ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Micron Technology
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.