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MICRON TECHNOLOGY INC R&D Expense 2009-2026 | MU

Annual FY2009–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$3.80B

+10.7%YoY vs FY2024Source: 10-KFY2025

From $647.0M in FY2009 to $3.80B in FY2025: 5.9× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$1.2B+31.9%$1.3B+39.2%$1.3B+36.4%Not reported
FY25$888M+5.1%$898M+7.9%$965M+13.5%$1.0B+15.9%
FY24$845M−0.5%$832M+5.6%$850M+12.1%$903M+25.6%
FY23$849M+19.2%$788M−0.5%$758M−1.9%$719M−14.3%
FY22$712M+10.0%$792M+23.6%$773M+15.4%$839M+19.0%
Share25%25%25%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+7.9%

FY2020
$2.60B
FY2025
$3.80B

5 years selected · on the chart

R&D Expense History

Year-over-year comparison from 10-K annual reports

  1. $3.80B
YoY changeLargest recent move+17.4%in FY18Latest +10.7%

R&D Expense, period by period

PeriodValueChangeSource
FY2025$3.80B+10.7%10-K
FY2024$3.43B+10.1%10-K
FY2023$3.11B−0.1%10-K
FY2022$3.12B+17.0%10-K
FY2021$2.66B+2.4%10-K
FY2020$2.60B+6.5%10-K
FY2019$2.44B+14.0%10-K
FY2018$2.14B+17.4%10-K
FY2017$1.82B+12.8%10-K
FY2016$1.62B+5.0%10-K
FY2015$1.54B+12.3%10-K
FY2014$1.37B+47.3%10-K
FY2013$931.0M+1.4%10-K
FY2012$918.0M+16.1%10-K
FY2011$791.0M+26.8%10-K
FY2010$624.0M−3.6%10-K
FY2009$647.0M—10-K

What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is MICRON TECHNOLOGY INC's current r&d expense?

MICRON TECHNOLOGY INC (MU) annual r&d expense for 2025 was $3.80B, a 10.73% increase from 2024. MICRON TECHNOLOGY INC r&d expense for the quarter ending May 28, 2026 was $1.32B.

What was MICRON TECHNOLOGY INC's r&d expense in 2024?

MICRON TECHNOLOGY INC annual r&d expense for 2024 was $3.43B, a 10.15% increase from 2023.

What was MICRON TECHNOLOGY INC's r&d expense in 2023?

MICRON TECHNOLOGY INC annual r&d expense for 2023 was $3.11B, a 0.06% decline from 2022.

What is MICRON TECHNOLOGY INC's 5-year r&d expense CAGR?

MICRON TECHNOLOGY INC r&d expense grew at a compound annual growth rate (CAGR) of 7.87% from FY2020 to FY2025, going from $2.60B to $3.80B over 5 years.

Company
MICRON TECHNOLOGY INC
Ticker
MU
Sector
Technology
Industry
Semiconductors & Related Devices