MU Micron Technology margins

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  3. NASDAQ: MU
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Relative Growth: Rel. Growth: 99
Relative Strength: Rel. Strength: 98
Relative Valuation: Rel. Valuation: 88
Relative Profitability: Rel. Profitability: 99
Gross margin
80.7%
Operating margin
74.6%
EBITDA margin
82.1%
Net margin
63.8%

Using the latest TTM figures, Micron Technology shows a gross margin of 80.7%, an operating margin of 74.6%, an EBITDA margin of 82.1%, and a net margin of 63.8%. Operating margin had the largest improvement, increasing by 48.5 percentage points, while the other available margins also improved.

MU margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Micron Technology recorded average margins of 34.88% gross, 19.88% operating, 47.05% EBITDA, and 15.96% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

MU margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 48.5 percentage points.

Gross margin expansion
40.9pp
Operating margin expansion
48.5pp
EBITDA margin expansion
32.6pp
Net margin expansion
41pp

MU Gross margin

Micron Technology recorded an average gross margin of 34.88% across the last 3 years. Micron Technology currently reports a gross margin of 80.7%, 45.8 percentage points above its three-year average. Gross margin was highest at 80.7% in Sep 2026 and lowest at -14.5% in Nov 2023.

MU Operating margin

Micron Technology recorded an average operating margin of 19.88% across the last 3 years. Micron Technology currently reports an operating margin of 74.6%, 54.7 percentage points above its three-year average. Micron Technology's operating margin ranged from a low of -41.2% in Nov 2023 to a high of 74.6% in Sep 2026.

MU EBITDA margin

The average EBITDA margin for Micron Technology was 47.05% over the last 3 years. At present, Micron Technology's current EBITDA margin is 82.1%, which is 35.1 percentage points above its three-year average. The EBITDA margin for Micron Technology moved between 9.8% in Nov 2023 and 82.1% in Sep 2026.

MU Net margin

The average net margin for Micron Technology was 15.96% over the last 3 years. Currently, the current net margin for Micron Technology is 63.8%, 47.8 percentage points above its three-year average. The net margin for Micron Technology moved between -42.5% in Nov 2023 and 63.8% in Sep 2026.

MU margin group comparison

Margins compared with peer-group, industry and sector averages

Micron Technology's gross margin of 80.7% is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 52.2%, Micron Technology's gross margin is 55% higher.

MU margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Micron Technology's gross margin?

As of Sep 3, 2026, MU has a gross margin of 80.7%.

What is Micron Technology's operating margin?

The current operating margin for MU is 74.6% as of Sep 3, 2026.

What is Micron Technology's EBITDA margin?

The current EBITDA margin for MU is 82.1% as of Sep 3, 2026.

What is Micron Technology's net margin?

The current net margin for MU is 63.8% as of Sep 3, 2026.

What are the average margins of MU?

Micron Technology's average margins over the last 3 years were 34.9% gross, 19.9% operating, 47.1% EBITDA, and 16.0% net.

What are the highest historical margins of MU?

Looking back across 5 years, MU reached 80.7% gross in Sep 2026, 74.6% operating in Sep 2026, 82.1% EBITDA in Sep 2026, and 63.8% net in Sep 2026.

What are the lowest historical margins of MU?

Looking back across 5 years, MU reached its lowest margins at -14.5% gross in Nov 2023, -41.2% operating in Nov 2023, 9.8% EBITDA in Nov 2023, and -42.5% net in Nov 2023.