MU Micron Technology margins

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  3. NASDAQ: MU
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Relative Growth: Rel. Growth: 99
Relative Strength: Rel. Strength: 99
Relative Valuation: Rel. Valuation: 68
Relative Profitability: Rel. Profitability: 99
Gross margin
72.6%
Operating margin
65.6%
EBITDA margin
75.7%
Net margin
55.9%

Using the latest TTM figures, Micron Technology shows a gross margin of 72.6%, an operating margin of 65.6%, an EBITDA margin of 75.7%, and a net margin of 55.9%. Operating margin had the largest improvement, increasing by 43 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 30.71% gross, 14.91% operating, 43.86% EBITDA, and 11.61% 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 43 percentage points.

Gross margin expansion
35.5pp
Operating margin expansion
43pp
EBITDA margin expansion
27.7pp
Net margin expansion
37.5pp

MU Gross margin

Micron Technology recorded an average gross margin of 30.71% across the last 3 years. Micron Technology currently reports a gross margin of 72.6%, 41.9 percentage points above its three-year average. Gross margin was highest at 72.6% in May 2026 and lowest at -14.5% in Nov 2023.

MU Operating margin

Micron Technology recorded an average operating margin of 14.91% across the last 3 years. Micron Technology currently reports an operating margin of 65.6%, 50.7 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 65.6% in May 2026.

MU EBITDA margin

The average EBITDA margin for Micron Technology was 43.86% over the last 3 years. At present, Micron Technology's current EBITDA margin is 75.7%, which is 31.8 percentage points above its three-year average. The EBITDA margin for Micron Technology moved between 9.8% in Nov 2023 and 75.7% in May 2026.

MU Net margin

The average net margin for Micron Technology was 11.61% over the last 3 years. Currently, the current net margin for Micron Technology is 55.9%, 44.3 percentage points above its three-year average. The net margin for Micron Technology moved between -42.5% in Nov 2023 and 55.9% in May 2026.

MU margin group comparison

Margins compared with peer-group, industry and sector averages

Micron Technology's gross margin of 72.6% is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 51.9%, Micron Technology's gross margin is 40% higher.

MU margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Micron Technology's gross margin?

As of May 28, 2026, MU has a gross margin of 72.6%.

What is Micron Technology's operating margin?

The current operating margin for MU is 65.6% as of May 28, 2026.

What is Micron Technology's EBITDA margin?

The current EBITDA margin for MU is 75.7% as of May 28, 2026.

What is Micron Technology's net margin?

The current net margin for MU is 55.9% as of May 28, 2026.

What are the average margins of MU?

Micron Technology's average margins over the last 3 years were 30.7% gross, 14.9% operating, 43.9% EBITDA, and 11.6% net.

What are the highest historical margins of MU?

Looking back across 5 years, MU reached 72.6% gross in May 2026, 65.6% operating in May 2026, 75.7% EBITDA in May 2026, and 55.9% net in May 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.