Other Income & Expense

Interest Expense

Micron Technology Interest Expense decreased by 56.8% to $32.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 71.4%, from $112.00M to $32.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 27.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026Mar 19, 2026

How to read this metric

Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.

Detailed definition

Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...

Peer comparison

Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.

Metric ID: interest_expense

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$46.00M$47.00M$45.00M$55.00M$44.00M$45.00M$51.00M$89.00M$119.00M$129.00M$132.00M$144.00M$150.00M$136.00M$118.00M$112.00M$123.00M$124.00M$74.00M$32.00M
QoQ Change+2.2%-4.3%+22.2%-20.0%+2.3%+13.3%+74.5%+33.7%+8.4%+2.3%+9.1%+4.2%-9.3%-13.2%-5.1%+9.8%+0.8%-40.3%-56.8%
YoY Change-4.3%-4.3%+13.3%+61.8%+170.5%+186.7%+158.8%+61.8%+26.1%+5.4%-10.6%-22.2%-18.0%-8.8%-37.3%-71.4%
Range$32.00M$150.00M
CAGR-7.4%
Avg YoY Growth+31.7%
Median YoY Growth+0.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is Micron Technology's interest expense?
Micron Technology (MU) reported interest expense of $32.00M in Q1 2026.
How has Micron Technology's interest expense changed year-over-year?
Micron Technology's interest expense decreased by 71.4% year-over-year, from $112.00M to $32.00M.
What is the long-term trend for Micron Technology's interest expense?
Over 4 years (2021 to 2025), Micron Technology's interest expense has grown at a 27.1% compound annual growth rate (CAGR), from $183.00M to $477.00M.
What does interest expense mean?
The cost of borrowing money, paid as interest on debt.